TORONTO, March 26, 2026 /CNW/ – RBC Global Asset Management Inc. (“RBC GAM”) today announced that RBC Target 2026 Canadian Government Bond ETF (TSX:RGQO), RBC Target 2026 Canadian Corporate Bond Index ETF (TSX:RQO) and RBC Target 2026 U.S. Corporate Bond ETF (TSX:RUQO) will mature on or about Friday, September 11, 2026 (the “Maturity Date”).
Unlike traditional exchange-traded funds which have a perpetual life, the RBC Target Maturity Bond ETFs have a specified maturity date that is established when the ETFs are launched and disclosed in its prospectus. When the ETF reaches its maturity date, the ETF’s final net asset value (“NAV”) is returned to unitholders.
Each RBC Target Maturity Bond ETF’s portfolio contains securities that mature throughout its stated maturity year. This structure results in a duration profile similar to that of an individual bond, where the ETF’s duration can be expected to decline as it approaches maturity, reducing sensitivity to interest rate changes. The RBC Target Maturity Bond ETFs do not seek to return any predetermined amount at maturity.
The family of RBC Target Maturity Bond ETFs includes six Canadian government bond ETFs, six Canadian corporate …
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