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RBF653

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1d
1w
1m

Analysis and statistics

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About

RBF653.TO is the ticker symbol for the RBC 65+ & Retirement Income ETF Portfolio offered by RBC iShares. It's an exchange-traded fund (ETF) designed to provide retirees and those nearing retirement with a diversified portfolio that generates income and preserves capital. The fund invests primarily in other RBC iShares ETFs that hold a mix of stocks and bonds.
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Factors

Global Gold Prices: RBF653.TO tracks gold's performance, so fluctuations in global gold prices directly impact its value.

Canadian Dollar Strength: A stronger Canadian dollar can decrease RBF653.TO's price as gold is priced in USD.

Interest Rates: Higher interest rates make bonds more attractive, potentially reducing demand for gold and affecting RBF653.TO.

Inflation Expectations: Rising inflation often increases gold demand as a hedge, potentially raising RBF653.TO's price.

Market Sentiment: Overall risk appetite influences gold's appeal as a safe haven, impacting RBF653.TO's price.

Fund Management Fees: Management fees directly affect the net asset value and ultimately the price of RBF653.TO.

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