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RBC Global Asset Management is opening five ETFs focused on income, access to international markets and reduced exposure to foreign currency risk.

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RBC Quant Emerging Markets Dividend Leaders ETF (RXD) seeks to provide regular income by focusing on emerging market companies by following the Quant Dividend Leaders investment process. It screens for income, financial strength and growth potential, and applies a modified cap weighting methodology. The management fee is 0.64%.

RBC Quant European Dividend Leaders ETF (RPD) seeks to provide regular income by focusing on European companies by following the rules-based Quant Dividend Leaders investment process. It screens for income, financial strength and growth potential, and applies a modified cap weighting methodology. Its management fee is 0.49%.

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RBC GAM also announced the launch of three new currency-hedged ETFs:

  • RBC Quant U.S. Dividend Leaders (CAD Hedged) ETF (RHU)
  • RBC Quant European Dividend Leaders (CAD Hedged) ETF (RHP)
  • RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF (RHI)

There are now eight RBC Quant Dividend Leaders ETFs, and four are also available in U.S.-dollar denominated units. With these new additions, RBC GAM offers a total of 17 ETFs, with over $530 million in assets under management as of October 17, 2014. RBC last introduced new ETFs in January.

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Originally published on Advisor.ca

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