Five ETFs from RBCGAM

Investment Executive - - FOCUS ON PRODUCTS -

Toronto-based RBC Global As­set Man­age­ment Inc. has launched five ETFs. Four of the ETFs have a fixed-in­come fo­cus and are co-man­aged by Phillips Hager & North In­vest­ment Man­age­ment Ltd. and BlueBay As­set Man­age­ment LLP. Th­ese fixed-in­come ETFs are: RBC PH&N Short Term Cana­dian Bond ETF, which in­vests pri­mar­ily in short­du­ra­tion Cana­dian govern­ment and cor­po­rate bonds, as well as Cana­dian bonds is­sued by for­eign cor­po­ra­tions; RBC 6- to 10-Year Lad­dered Cana­dian Cor­po­rate Bond Lad­der ETF, which fol­lows a rules-based, ac­tively man­aged port­fo­lio of Cana­dian bonds with a term to ma­tu­rity rang­ing from six to 10 years, but also of­fers staggered ma­tu­ri­ties with the aim of re­duc­ing in­ter­est rate risk; RBC Short-Term U.S. Cor­po­rate Bond ETF, which in­vests pri­mar­ily in short-du­ra­tion U.S. cor­po­rate bonds; and RBC BlueBay Global Di­ver­si­fied In­come ETF, which in­vests in a di­ver­si­fied global port­fo­lio that’s de­signed to max­i­mize yield for a par­tic­u­lar credit risk level by tar­get­ing bonds with at­trac­tive yield/qual­ity char­ac­ter­is­tics. The fifth ETF, RBC Cana­dian Bank Yield In­dex ETF, holds a port­fo­lio of stocks is­sued by the six largest Cana­dian banks. Man­age­ment fees for th­ese ETFs range from 0.29% to 0.6%.

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