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RBC Canadian Bank Yield Index ETF (TSX: RBNK)

This ETF invests in a portfolio of the top six Canadian banks. There are no other bells and whistles, like covered call writing or leveraging.


Income Investor

Most of the distributions (90% in 2020) are received in the form of dividends and are eligible for the dividend tax credit in non-registered accounts. The rest are received as capital gains or return of capital. - Gordon Pape

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Interactive Performance Chart

RBNK was first recommended here on August 14, 2021