Loading...

RBC Canadian Bank Yield Index ETF

RBNK.TO•TSX
Financial Services
Asset Management
CA$32.28
CA$0.13(0.40%)

RBC Canadian Bank Yield Index ETF (RBNK.TO) Company Profile & Overview

Explore RBC Canadian Bank Yield Index ETF’s business operations, leadership, sector classification, and key company facts including IPO date, industry, and contact details.

RBC Canadian Bank Yield Index ETF (RBNK.TO) Company Profile & Overview

The fund invests in the constituent securities of an index that includes stocks of Canada’s six largest banks. The stocks are selected by market capitalization and weighted based on their indicative annual dividend yields. The two highest dividend yielding Canadian bank stocks each receive a 1/4 weight. Stocks which rank third and fourth each receive a 1/6 weight, and the remaining two each receive a 1/12 weight. The index is rebalanced every quarter.

SectorFinancial Services
IndustryAsset Management

Contact Information

http://www.rbcgam.com/en/ca/products/etfs/RBNK/detail

Company Facts

IPO DateOct 20, 2017
CountryCA
Actively Trading

Frequently Asked Questions

;