New ETF Series launched, tapping bank's fixed income expertise
RBC iShares has introduced three new ETF Series of RBC Fixed Income Pools, managed by RBC Global Asset Management Inc. (RBC GAM), expanding its range of actively managed fixed income solutions.
These ETF Series, leveraging the extensive global expertise of RBC GAM's fixed-income teams, are designed to provide ETF investors with access to RBC GAM's established investment strategies.
The launch aims to offer ETF investors the same level of expertise and management that has seen RBC Fixed Income Pools grow to over $8bn in assets since their inception in 2018.
Mark Neill, the managing director and head of RBC ETFs and Strategic Alliances at RBC GAM, highlighted the success of the RBC Fixed Income Pools, emphasizing their appeal to clients through multi-asset and globally diversified portfolios tailored to individual investment risk and reward preferences.
“By adding an ETF Series to these pools, Canadian investors who prefer to use ETFs will now be able to access the long-standing investment expertise of [RBC GAM]'s global fixed income team to help them meet their investment goals,” Neill stated.
RBC iShares is committed to assisting clients in achieving their investment objectives by providing tools and resources to build efficient portfolios and secure their financial futures.
The collaboration between RBC GAM and iShares ETFs managed by BlackRock Asset Management Canada Limited (BlackRock Canada) underpins RBC iShares' commitment to delivering differentiated ETF experiences and achieving positive client outcomes.