Sentences with phrase «etf termination date»

Provide income, for a limited period of time ending on the RBC Target 2018 Corporate Bond Index ETF termination date, by replicating, to the extent possible, the investment results that correspond generally to the performance, before the RBC Target 2018 Corporate Bond Index ETF's fees and expenses, of the FTSE TMX Canada 2018 Maturity Corporate Bond Index ™.

Not exact matches

As bonds mature during the year leading up to the termination date, the proceeds will be reinvested in cash and cash - equivalents and when the ETF terminates, it will make a cash distribution to unit holders equivalent to the ETF's Net Asset Value.

However, if you own the ETF already you can still sell your units at any time up to the termination date.

If you happen to hold an ETF of commodities or Chinese stocks, you have no idea whether it will be worth more on its termination date several weeks down the road.

There's one more reason to dump your ETF units before the termination date: «If you sell the ETF before the delisting you immediately get the cash proceeds from the sale,» Noble explains.

Noble says there is generally little difference between selling your ETF units now and waiting until the termination date.