RBC iShares is expanding its ETF lineup with the launch of two new funds, the RBC Target 2028 Corporate Bond Index ETF (RQQ) and the RBC Target 2029 Corporate Bond Index ETF (RQR). Both funds are available for trade on the Toronto Stock Exchange (TSX), each looking to track its own unique FTSE Maturity Corporate Bond Index of Canadian investment grade corporate bonds.
RBC iShares Launches Two Corporate Bond ETFs
ETF Newz Says:
When each ETF hits its respective year (2028/2029) its final net asset value is given to investors.