RBC Global Asset Management has launched four new exchange-traded funds (ETFs).
The four new ETFs are called the RBC Quant Canadian Dividend Leaders ETF, the RBC Quant U.S. Dividend Leaders ETF, the RBC Quant EAFE Dividend Leaders ETF and the RBC 1-5 Year Laddered Corporate Bond ETF.
For the quantitative ETFs, the management team tries to identify companies with higher-than-average dividend yields, strong balance sheets, positive market sentiment and potential for future dividend growth.
The U.S. and EAFE Quant Dividend Leader ETFs are not currency-hedged and are available for purchase in either Canadian dollar and U.S. dollar units on the Toronto Stock Exchange.
The RBC 1-5 Year Laddered Corporate Bond ETF will provide exposure to a diversified portfolio of individual Canadian investment grade corporate bonds by holding the RBC Target Maturity Corporate Bond ETFs.
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