RBC GAM Launches Four ETFs

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    RBC Global Asset Management Inc. has launched exchange traded funds (ETFs) designed to take advantage of income opportunities that exist in today’s low-yield environment. The preferred share ETF (RPF) is an actively managed preferred share solution. It aims to provide regular dividend income by primarily investing in rate reset preferred shares of Canadian companies. The quant global infrastructure leaders ETF (RIG) is a global equity income solution and employs a rules-based, multi-factor approach to build a global portfolio of listed infrastructure companies such as utilities, transportation, energy, and communications. The target maturity corporate bond ETF represents a family of fixed income ETFs maturing in successive years ranging from 2016 to 2023. Unlike traditional ETFs, which have a perpetual life, target maturity ETFs have a specified maturity date established when the ETF is launched.