About RBC Target 2024 Corporate Bond Index ETF

The fund is a held-to-maturity portfolio that aims to provide income by replicating the performance of the FTSE Canada 2024 Maturity Corporate Bond Index. The index is primarily composed of Canadian dollar-denominated, corporate bonds with effective maturities in 2024. Each bond must be rated BBB or higher, and must not exceed 10% weight in the index. The funds maturity date will be on or about...