Opinions
John Hood
RBC Target 2017 Corporate Bond ETF
RQE-T
TOP PICK
May 08, 2015
$19.870
Stock price when the opinion was issued
E.T.F.'s
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Short dated corporate bonds. What is different with this ETF is that it acts a little bit like a bond. A lot of people like the fact that a bond has a maturity date and they know they are hopefully going to be getting back most of their money. This has a yield of about 4%, but in actual fact it is probably around 1.5%. However, it doesn’t keep rolling over, so there is a finite date.