RBCGAM expands ETF offering

Toronto-based RBC Global Asset Management Inc. (RBCGAM) has launched five new exchange-traded funds (ETFs) designed to provide investors with the opportunity for income, access to international markets and reduced exposure to foreign currency risk. The five funds include RBC Quant Emerging Markets Dividend Leaders ETF and RBC Quant European Dividend Leaders ETF, as well as three new currency-hedged ETFs: RBC Quant U.S. Dividend Leaders (CAD Hedged) ETF, RBC Quant European Dividend Leaders (CAD Hedged) ETF and RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF. RBC Quant Emerging Markets Dividend Leaders ETF seeks to provide regular income by focusing on companies domiciled in the emerging markets by following a rules-based investment process that screens for income, financial strength and growth potential; the management fee for this ETF is 0.64%. RBC Quant European Dividend Leaders ETF seeks to provide regular income by focusing on companies domiciled in Europe by following a rules-based investment process that screens for income, financial strength and growth potential; the management fee for this ETF is 0.49%. The five new ETFs bring the number of RBC Quant Dividend Leaders ETFs to eight, with four also available in U.S.-dollar denominated units. Bill Tilford, head of quantitative investments with RBCGAM, will manage all the funds. With these new additions, RBCGAM offers a total of 17 ETFs. For more information on all RBCGAM ETFs, please visit www.rbcgam.com.

(cohara@investmentexecutive.com).