RBC launches seven new ETFs on NEO Exchange

Sep 21st, 2017 | By | Category: Alternatives / Multi-Asset

RBC Global Asset Management has launched seven ETFs on the Aequitas NEO Exchange. The new ETFs track indices provided by FTSE Russell and Citi, and feature exposure to fixed income and equities in Canada, the US and globally.

RBC launches seven new ETFs

RBC launches seven new ETFs

Mark Neill, head of RBC ETFs, commented: “Over the past six years, Canadian investors and advisors have trusted over $3.5 billion to RBC ETFs, making RBC Global Asset Management one of Canada’s leading ETF providers. We are pleased to continue to expand our ETF line-up in the interest of client choice. Our newest ETFs bring the total number of RBC ETFs to 35.”

The new ETFs are as follows:

RBC Canadian Short Term Bond Index ETF (RCSB) tracks the FTSE TMX Canada Universe + Maple Short Term Overall Bond Index and has a management fee of 0.10%.

RBC Canadian Bond Index (RCUB) tracks the FTSE TMX Canada Universe + Maple Bond Index and has a management fee of 0.10%.

RBC Global Government Bond Index (CAD Hedged) ETF (RGGB) tracks the Citi World Government Bond Index (Currency-Hedged in CAD) and has a management fee of 0.35%.

RBC Canadian Equity Index ETF (RCAN) tracks the FTSE Canada All Cap Domestic Index and has a management fee of 0.05%.

RBC U.S. Equity Index ETF (RUSA) tracks the FTSE USA Index and has a management fee of 0.09%.

RBC International Equity Index ETF (RINT) tracks the FTSE Developed ex North America Index and has a management fee of 0.20%.

RBC Emerging Markets Equity Index ETF (REEM) tracks the FTSE Emerging Index and has a management fee of 0.25%.

In addition to the new ETFs listed above, RBC recently filed a final prospectus for four new actively managed fixed income ETFs to be launched later this year. These upcoming ETFs will leverage the investment capabilities behind the PH&N and BlueBay fixed income funds, enabling Canadian ETF investors to access a broad spectrum of expertise drawn from across RBC Global Asset Management’s fixed income teams.

Neill added, “As we bring new index solutions to our ETF line-up today, we also look forward to further expanding our suite of income-generating ETFs in the near future.”

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