RBC debuts four new ETFs
RBC, which now manages $1.5bn in ETFs alone, said the launches are designed to help investors and advisors take advantage of global opportunities and mitigate risk.
Both the Global Dividend and Global Equity ETF hold a diversified portfolio of stocks, screening companies for income, financial strength and growth potential.
The Emerging Markets Equity ETF aims to pick out star equity stocks in riskier locations, avoiding companies with low quality of earnings, expensive valuations and slow growth.
A 1-5 year Canadian Bond ETF completes the line-up and gives exposure to a portfolio of investment grade corporate and government bonds.
Mark Neill, head of RBC ETFs, says each of the new ETFs feature a “disciplined investment process and competitive fees”.
The popularity of ETFs has soared in recent years, attracting net inflows of $372bn in 2015, according to London-based consultancy ETFGI, a 10% uptick on the previous year.
ETFs open up a variety of investable asset classes and market segments for index investing, all at a fraction of the cost of the typical actively-managed fund.
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