Toronto-based RBC Global Asset Management Inc. (RBCGAM) expanded its product lineup significantly on Monday with the addition of four new exchange-traded funds (ETF), two new corporate-class funds and a new mutual fund as well as additional investment options on existing funds.
Among the four new ETFs are RBC Strategic Global Dividend Leaders ETF, which offers regular income from global companies, and RBC Strategic Global Equity Leaders ETF, which offers long-term capital growth from global companies.
RBCGAM has also launched RBC Quant Emerging Markets Equity Leaders ETF, which offers long-term capital growth by focusing on companies based in emerging markets. It is available in both Canadian and U.S. dollar-denominated units.
In addition, RBCGAM has introduced a new fixed-income ETF in the form of RBC 1-5 Year Laddered Canadian Bond ETF, which looks to provide steady income and enhanced yield through exposure to high-quality Canadian investment-grade corporate and government bonds.
The firm is also expanding its corporate-class fund lineup with the addition of RBC $U.S. Short Term Income Class and BlueBay $U.S. Global Convertible Bond Class (Canada).
RBCGAM has also added U.S.-dollar priced options on 11 existing corporate-class funds: RBC Balanced Growth and Income Class, RBC Canadian Dividend Class, RBC QUBE Low Volatility U.S. Equity Class, RBC U.S. Equity Class, RBC U.S. Equity Value Class, RBC U.S. Mid-Cap Value Equity Class, RBC U.S. Small-Cap Core Equity Class, RBC International Equity Class, RBC Emerging Markets Equity Class, RBC Global Equity Class and RBC QUBE Low Volatility Global Equity Class.
As well, RBCGAM is also launching RBC Global Growth and Income Fund, a new diversified global balanced mutual fund, which will provide access to growth and income opportunities through global and emerging-markets equities, investment-grade government and corporate bonds, high-yield and convertible bonds, emerging-market debt and foreign currencies.
RBC Global Growth and Income Fund is available in Series A, Advisor Series, Advisor T5 Series, Series T5, Series F and Series FT5. The fund is also available to institutional investors through Series O.
The firm is also increasing investment options for five existing mutual funds. The T5 series classification, which provides tax-efficient income, is being added to RBC International Dividend Growth Fund, RBC QUBE Low Volatility Canadian Equity Fund, RBC QUBE Low Volatility U.S. Equity Fund, RBC QUBE Low Volatility Global Equity Fund and RBC Global Dividend Growth Fund.
The T5 series for those five funds will also be available to investors possessing fee-based accounts.
As well, RBC International Dividend Growth Fund is now available in Series A and Series D.
Further details on the changes to the firm’s product lineup as well as corresponding fees are available on RBCGAM’s website.