New fund name intended to enhance transparency for investors
New fund invests primarily in global convertible bonds
New funds use quantitative investing to the upside potential of equities with less risk and volatility than broad market indices
Ken Tyszko of RBC GAM (U.S.) will be lead manager
RBC Target 2021 Corporate Bond Index ETF begins trading
Appointment comes from one of the world’s largest pension funds
Pricing model offers substantial fee savings
Fund sub-advised by BlueBay and RBC GAM US