RBC iShares Launches New Active ETF Series for Investors

RBC iShares Introduces Exciting New ETF Series

RBC iShares has taken a significant step forward with the introduction of two innovative ETF Series, marking a major advancement in the actively managed ETF market. Managed by RBC Global Asset Management Inc. (RBC GAM Inc.), these new ETFs are poised to commence trading on Cboe Canada soon. This development is part of RBC iShares' commitment to providing Canadian investors with diverse investment opportunities.

Details of the New ETF Series

The newly launched ETF Series include:

RBC Life Science and Technology Fund – ETF Series

This fund aims to offer investors long-term capital growth by investing mainly in equity securities of U.S. companies operating in the life sciences and technology sectors. It targets firms that are making strides in biotechnology, pharmaceuticals, and cutting-edge tech.

RBC U.S. Mid-Cap Growth Equity Fund – ETF Series

The focus of this fund is on long-term capital appreciation, investing predominantly in equity securities of U.S. mid-cap growth companies. It provides a robust option for those looking to capitalize on the potential of mid-sized firms with strong growth trajectories.

The Value of Active ETFs

These two ETF Series aim to address the evolving needs of Canadian investors, particularly those navigating the complexities of creating diverse investment portfolios. According to Mark Neill, managing director and head of RBC ETFs and Strategic Alliances at RBC GAM Inc., investors face various challenges, including home country bias and uncertainties in the economic environment. The introduction of these actively managed ETFs provides a potential solution by opening doors to strategic investment options.

RBC's dedicated North American Equity team, which oversees assets exceeding $80 billion, brings extensive expertise to manage these funds. Investors can benefit from their deep knowledge and seasoned strategies.

RBC iShares’ Dedication to Client Success

RBC iShares' overarching mission is to help clients achieve their financial objectives while promoting efficient portfolio construction. With a focus on enhancing the investment experience, RBC iShares is dedicated to delivering unique offerings that drive positive outcomes for clients.

Investors interested in diversifying their portfolios may find these new ETF Series compelling as they blend innovation with quality management.

Company Overview: RBC

Royal Bank of Canada stands as one of the largest financial institutions globally, emphasizing a purpose-driven approach. With a diverse workforce exceeding 100,000 and a client base of over 18 million, RBC is committed to delivering exceptional financial services. The bank's focus on innovation helps it remain responsive to client needs across Canada, the U.S., and internationally.

Future Growth and Community Engagement

RBC iShares recognizes the importance of giving back to the community through various initiatives, including donations and employee volunteering. Their holistic approach aims to support community growth while ensuring clients receive the financial tools they require for future economic challenges.

For those keen on exploring RBC iShares ETFs further, comprehensive information is available through their official platforms, enabling investors to make informed decisions.

Frequently Asked Questions

What are the newly launched ETF Series by RBC iShares?

The newly launched series include the RBC Life Science and Technology Fund and the RBC U.S. Mid-Cap Growth Equity Fund.

What is the management fee for the new ETF Series?

Both ETF Series come with a management fee of 0.75%.

What is the main investment focus of the RBC Life Science and Technology Fund?

This fund primarily invests in U.S. equity securities related to life sciences and technology sectors.

Who manages these new ETFs?

The funds are managed by the experienced team at RBC Global Asset Management Inc., focusing on active management strategies.

How can I find more information about RBC iShares ETFs?

More information can be accessed through the RBC iShares official website, which offers comprehensive insights into their investment offerings.

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