Opinions
John Hood
RBC Target 2015 Corp Bond ETF
RQC-T
COMMENT
Dec 30, 2014
$19.190
Stock price when the opinion was issued
E.T.F.'s
It's the ideal tool to help you make quicker, more informed decisions for
managing and tracking your investments.
This is a target maturity bond. Sometimes with target maturities, they haven’t been all that popular, because the yields haven’t necessarily been that great. Everybody has the same problem, which is, premium price for bonds. This is the only way you can get the yield, and as a result, when the bonds mature, when you paid $104 for them, they mature at $100. He thinks everybody has got that problem.