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Stockchase Opinions

John HoodRBC Target 2017 Corporate Bond ETFRQE.TOPAST TOP PICKJun 02, 2016

(Top Pick May 8/15, Up 1.22%) This one has a finite end.

$19.31

Stock price when the opinion was issued

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TOP PICK

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.