RBC iShares launches five fixed-income ETFs

Toronto-based RBC iShares launched five fixed-income ETFs on Monday.

The new funds, which are managed by BlackRock Asset Management Canada Limited, offer exposure to investment-grade U.S. corporate bonds and inflation-protected Treasury bonds.

“With both low interest rates and inflation top of mind today, these new ETFs give investors additional tools to diversify their fixed income portfolios, enabling easy access to U.S. corporate bonds and inflation-linked bonds,” said Steven Leong, head of iShares product, BlackRock Canada, in a release.

The iShares U.S. IG Corporate Bond Index ETF, available in Canadian and U.S.-dollar units, has an annual management fee of 0.30%.

The iShares 1-5 Year U.S. IG Corporate Bond Index ETF, available in Canadian and U.S.-dollar units, has an annual management fee of 0.15%.

The iShares 1-5 Year U.S. IG Corporate Bond Index ETF (CAD-Hedged), available in Canadian-dollar units, has an annual management fee of 0.15%.

The iShares 0-5 Year TIPS Bond Index ETF, available in Canadian and U.S.-dollar units, has an annual management fee of 0.15%.

The iShares 0-5 Year TIPS Bond Index ETF (CAD-Hedged), available in Canadian-dollar units, has an annual management fee of 0.15%.

Each fund is now trading on the Toronto Stock Exchange.

Staff

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