RBC launches ETFs

Four new exchange-traded funds (ETFs) now are available from Toronto-based RBC Global Asset Management Inc. Three of the ETFs offer investors international equities exposure. RBC Strategic Global Dividend Leaders ETF aims to provide income from global companies by following the rules-based Quant Dividend Leaders investment process, which screens for income, financial strength and growth potential. RBC Strategic Global Equity Leaders ETF looks for long-term capital growth by following the rules-based Quant Equity Leaders investment process, which avoids companies with low-quality earnings, expensive valuations and slow growth. Management fees for both these ETFs are 0.55% for common units. The third equities-focused ETF, RBC Quant Emerging Markets Equity Leaders ETF, aims to provide investors with long-term capital growth by focusing on companies in emerging markets. This fund also uses the rules-based Quant Equity Leaders investment process. This ETF also is available in U.S. dollars. Management fees are 0.64% for common units. The fourth new ETF is RBC One- to Five-Year Laddered Canadian Bond ETF. This ETF offers exposure to high-quality, Canadian investment-grade corporate and government bonds. Management fees are 0.22% for common units. These new ETFs bring RBC’s total ETF offering to 24 funds, collectively holding more than $1.5 billion in assets under management.

(fcollie@investmentexecutive.com).