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RBC AAA CLO (CAD Hedged) ETF Trust Units RCLO.NE

Is RBC AAA CLO (CAD Hedged) ETF Trust Units Halal?

Shariah Compliance Analysis of RCLO.NE ETF

No. As of October 2026, RBC AAA CLO (CAD Hedged) ETF Trust Units (RCLO.NE) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology.

RCLO.NE was created on 2025-04-25 by RBC. The fund's investment portfolio concentrates primarily on investment grade fixed income. The fund seeks to provide a high level of current income by actively managing a portfolio of collateralized loan obligations (CLOs) rated A- and above, with 75% rated as AAA. The fund hedges foreign currency exposure back to the Canadian dollar.

RCLO.NE Shariah Compliance

As of October 2026, RBC AAA CLO (CAD Hedged) ETF Trust Units is classified as not halal.

NOT HALAL

RBC AAA CLO (CAD Hedged) ETF Trust Units (RCLO.NE) Chart

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