Oil’s Iran Cliffhanger: What To Know And What To Expect
- Analysis
- Barani Krishnan
- 3
As of November 15, 2019, RBC Target 2019 Corporate Bond Index ETF has gone out of business. RBC Target 2019 Corporate Bond Index ETF is an exchange traded fund launched and managed by RBC Global Asset Management Inc. The fund is co-managed by State Street Global Advisors (Canada) Ltd. It invests in the fixed income markets of Canada. The fund invests in Canadian dollar-denominated investment grade corporate bonds which are rated BBB- or above by S&P or Baa3 or above by Moody's and will mature on or about November 30, 2019. It seeks to replicate the performance of the FTSE Canada 2019 Maturity Corporate Bond Index, by investing in securities as per their weightings in the index. The fund was formerly known as RBC Target 2019 Corporate Bond ETF. RBC Target 2019 Corporate Bond Index ETF was formed on September 15, 2011 and is domiciled in Canada.