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RBC U.S. Discount Bond ETF
RUDB (RBC U.S. Discount Bond ETF) is an index Canadian Fixed Income ETF by RBC. With a 0.25% MER, it provides diversified exposure. Monthly distribution with a 1.67% yield.
RUDB by RBC is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
Its 0.25% MER makes it one of the most cost-effective options in its category.
This ETF is suited for investors seeking stability and capital preservation. It can serve as a defensive component in a diversified portfolio or as a temporary cash parking option.