RBC Short Term U.S. Corporate Bond ETF

The ETF seeks to provide unitholders with regular monthly income with the potential for modest capital growth Fund investing primarily in a well¿diversified portfolio of short¿term fixed¿income securities issued in the U.S. market by U.S. and foreign corporations. The ETF invests primarily in an actively managed portfolio of high¿quality short¿duration bonds issued in the U.S. market by U.S. (and, in some cases, foreign) corporations. These bonds are selected by the sub¿advisor on the basis of company credit and industry analysis to identify investment opportunities offering higher probabilities of competitive rates of return while simultaneously mitigating interest rate risk.