RBC Target 2031 Canadian Corporate Bond ETF (TSX:RQT)

RBC Target 2031 Canadian Corporate Bond ETF is an exchange traded fund launched and managed by RBC Global Asset Management Inc. It invests in the fixed income markets of Canada. It invests in investment grade fixed income securities issued by Canadian corporations that are rated BBB- or higher by S&P or Fitch or Baa3 or higher by Moody’s. The fund invests in fixed-income securities that will mature in 2031. It invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. RBC Target 2031 U.S. Corporate Bond ETF was formed on March 19, 2025 and is domiciled in Canada.