The firm now has 35 ETFs with more on the way
RBC Global Asset Management has launched seven new index-tracking ETFs, bringing the firm’s total number of ETFs to 35.
The newly launched funds are sub-advised by State Street Global Advisors (part of State Street Corporation) building on a 20-year relationship between SSGA and RBC GAM which began with the launch of the RBC index mutual funds in 1998.
They will also follow the FTSE Russell indexes.
“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,” said Mark Neill, head of RBC ETFs
The seven funds began trading on the Aequitas NEO Exchange on September 21:
“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,” added Neill.
The newly launched funds are sub-advised by State Street Global Advisors (part of State Street Corporation) building on a 20-year relationship between SSGA and RBC GAM which began with the launch of the RBC index mutual funds in 1998.
They will also follow the FTSE Russell indexes.
“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,” said Mark Neill, head of RBC ETFs
The seven funds began trading on the Aequitas NEO Exchange on September 21:
| ETF | Underlying Index | Ticker Symbol |
Management Fee |
| RBC Canadian Short Term Bond Index ETF | FTSE TMX Canada Universe + Maple Short Term Overall Bond Index | RCSB | 0.10% |
| RBC Canadian Bond Index ETF | FTSE TMX Canada Universe + Maple Bond Index | RCUB | 0.10% |
| RBC Global Government Bond Index (CAD Hedged) ETF | Citi World Government Bond Index (Currency-Hedged in CAD) | RGGB | 0.35% |
| RBC Canadian Equity Index ETF | FTSE Canada All Cap Domestic Index | RCAN | 0.05% |
| RBC U.S. Equity Index ETF | FTSE USA Index | RUSA | 0.09% |
| RBC International Equity Index ETF | FTSE Developed ex North America Index | RINT | 0.20% |
| RBC Emerging Markets Equity Index ETF | FTSE Emerging Index | REEM | 0.25% |
RBC GAM has also filed a final prospectus for four new actively managed fixed-income ETFs which should launch later this year and will leverage the investment capabilities behind the PH&N and BlueBay fixed income funds.
“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,” added Neill.
