The ETFs will invest in a variety of income-producing investments, including preferred shares, infrastructure firms and corporate bonds
The firm will no longer be accepting subscriptions for units of RBC Target 2016 Corporate Bond Index ETF’s, which is scheduled to mature on Nov. 18
Objectives and strategies remain the same
The decision to limit inflows is in order to preserve the portfolio management teams' ability to fulfill their mandates
The three funds aim to provide long-term capital growth while minimizing the exposure to currency fluctuations relative to the Canadian dollar
The fund was re-opened to news investors on March 28
The fund currently has a limited amount of additional capacity
The firm has made a variety of changes, including the addition of four ETFs and an expansion to its corporate-class funds
RBC Monthly Income High Yield Bond Fund will change to RBC Strategic Income Bond Fund
There are various strategies for those invested in RBC Target 2015 Corporate Bond Index ETF