RBCGAM beefs up its ETF lineup

Toronto-based RBC Global Asset Management Inc. (RBCGAM) added four funds to its ETF lineup with the launch of four ETFs. RBC Canadian Preferred Share ETF is an actively managed ETF that offers unitholders regular dividend income through investments in “rate reset” preferred shares issued by Canadian companies. RBC Quant Global Infrastructure Leaders ETF provides unitholders with exposure to a global portfolio of listed infrastructure companies, such as utilities, transportation, energy and communications firms. The portfolio was developed by the RBCGAM’s quantitative investment team. This strategy also is available in a U.S.-dollar ETF. RBC Target Maturity Corporate Bond ETF consists of a family of fixed-income ETFs, which mature in successive years ranging from 2016 to 2023. This ETF offers unitholders increased flexibility in choosing a maturity date of their choice and also is meant to reduce risk through issuer diversification. The ETFs comprising the holdings of RBC Target Maturity ETF have specific maturity dates, established at the launch date. Once the ETFs reach their designated maturity dates, their final net asset value will be returned to RBC Target Maturity ETF’s current unitholders. For full details on all ETFs, including fees, visit www.rbcgam.com/etfs.

(fcollie@investmentexecutive.com).