RBC GAM launches five new income-oriented ETFsBy The IJ Staff | October 19 2017 11:30AM
RBC Global Asset Management Inc. announced Oct. 19 the launch of five new Exchange Traded Funds.
In an announcement, the company says four of these new ETFs will “leverage investment capabilities” from the fixed income teams at RBC GAM, which includes Phillips, Hager & North Investment Management and BlueBay Asset Management.
"RBC Global Asset Management Inc. has been consistently recognized as a leader in fixed income investment solutions," said Doug Coulter, President of RBC GAM Inc. "We are excited to leverage the capabilities from our diverse, global fixed income teams, applying their expertise within our growing family of ETFs."
The ETFs introduced today are: RBC PH&N Short Term Canadian Bond ETF; RBC 6-10 Year Laddered Canadian Corporate Bond Ladder ETF; RBC Short-Term U.S. Corporate Bond ETF; RBC BlueBay Global Diversified Income (CAD Hedged) ETF and RBC Canadian Bank Yield Index ETF.