Q: Hi guys,
Great service...can you give me some thoughts on this RBC product...Target Date discount bond ETF's...seem to be a good option for safe money looking for cap. gains vs. interest....do you think timing would be right to add to these.? Any preference of government vs. Corporate? Thanks.
Great service...can you give me some thoughts on this RBC product...Target Date discount bond ETF's...seem to be a good option for safe money looking for cap. gains vs. interest....do you think timing would be right to add to these.? Any preference of government vs. Corporate? Thanks.
5i Research Answer:
The fund is fairly new and only has $38M in assets. Fees are 0.15%, indicated yield 1.77%, YTD return 1.27%. Certainly we would consider it a very conservative ETF for investors. Considering the possibility of lower rates ahead, we would be comfortable with corporates to enhance overall return potential.