Russell Investments RCB ETF (ASX:RCB)

Russell Investments Australian Select Corporate Bond ETF

About the RCB ETF

The Russell RCB ETF provides investors exposure to Australian corporate bonds. Bonds identified by RCB ETF meet certain eligibility criteria including minimum credit rating, minimum issuance size and term to maturity. RCB ETF was established in 2012, has nearly $280 million in net attests, and pays investors quarterly. The Russell Investments Australian Select Corporate Bond ETF seeks to track the DBIQ 0-4 year Investment Grade Australian Corporate Bond Index which comprises predominantly investment-grade Australian corporate fixed income securities.

RCB ETF Performance Review

1
Year

0.61

3
Year

4.09

5
Year

3.52

Since
Inception

4.12

Running
Yield

2.53

Yield To
Maturity

0.49

Data Current To: 31/08/2020

Our review of RCB ETF

Invests in high quality Australian bank corporate bonds

What we like about the RCB ETF

Given inception in 2012, the fund has a high running yield of 2.53% as at 31 August 2021

Things to be aware of about the RCB ETF

Little diversification, concentrated holdings of Australian major banks

Relatively high management fee of 0.28% as at 31 August 2021

Only one bond due to mature in 2025, the remaining are due to mature in 2023 or 2024

RCB ETF Investment Strategy

The Fund seeks to track the performance of DBIQ 0-4 year Investment Grade Australian Corporate Bond Index by investing predominantly in Australian Corporate Fixed income securities. The index filters the largest and most liquid Corporate Fixed income securities and weights them equally upon reconstitution. Derivatives may also be used to a limited extent to obtain or reduce exposure to such securities.

RCB ETF Share Price

What does the RCB ETF Invest In?

RCB is a Corporate Bond ETF.

The RCB ETF invests in high quality Australian bank corporate bonds.

RCB ETF Credit Quality

RCB Frequently Asked Questions

What index does the RCB ETF aim to replicate?

The RCB ETF aims to replicate the DBIQ 0-4 year Investment Grade Australian Corporate Bond Index.

How often does RCB ETF pay distributions?

The distribution frequency of RCB is Quarterly.

When did the RCB ETF start?

The inception date of the RCB ETF was 08/03/2012.

What are the net assets of the RCB ETF?

RCB has net assets of $281.59m (AUD) as of 31/08/2020.

What are the number of holdings in the RCB ETF?

Total number of holdings in RCB is 11 as of 31/08/2020.

What are the management fees for the RCB ETF?

The annual management fees for the RCB ETF are 0.28% p.a. Learn more about ETF fees in this article.

How can I invest in the RCB ETF?

RCB is an Exchange Traded Fund, and units may be bought or sold on the ASX like shares. Learn how to buy and sell ETFs in this article.

Does the RCB ETF have a minimum investment amount?

No, there is no minimum to invest in the Russell Investments RCB ETF. Exchange Traded Funds in general do not have a minimum investment amount required by the issuer. However, if you choose to invest through a broker, they may choose to set their own minimum investment amount.

Are there any performance fees associated with the RCB ETF?

No, RCB has no performance fee. This is one of the advantages of Exchange Traded Funds, as they are traded like shares, you’ll generally only pay a commission to buy or sell units and an ongoing management fee.

About The Issuer Of The RCB ETF: Russell Investments

Established in 1936, Russell Investments currently manage over $440 billion on behalf of institutions, advisers and the individuals they represent.

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Luke is the Chief Technical Officer of Fixed Income News Australia and responsible for website design and development, including fund finder functionality. He has worked for ASX-listed industry leaders and a variety of marketing agencies across Australia. Luke is Head of Marketing at communications, content and creative agency RGC Media & Mktng, MBA News Australia and Online MBA Australia. He holds a Diploma of Creative Arts and is Google Accredited.