Description

The RBC Canadian Bank Yield Index ETF endeavors to mirror the returns of a portfolio comprising Canadian banking sector equities. Its core objective is to closely track the Solactive Canada Bank Yield Index. The fund achieves this by directly investing in and holding the underlying securities of that index, maintaining proportions that substantially align with their weighting within the Solactive Canada Bank Yield Index, all before factoring in fees and expenses, and to the maximum extent feasible.