Toronto | March 20, 2024 – Cboe Canada Inc. (“Cboe Canada”) is pleased to welcome RBC iShares as they launch three new ETF series of existing RBC Fixed Income Pools today. The ETFs are now listed and trading on Cboe Canada under the symbols RCOR, RPLS, and RCNS, respectively, and are managed by RBC Global Asset Management Inc. (“RBC GAM”).
“We are excited to continue our relationship with Cboe Canada with the listing of our three new ETF Series of RBC Fixed Income Pools,” said Stephen Hoffman, Managing Director, ETFs at RBC Global Asset Management Inc. “Our new ETF Series expands RBC iShares’ suite of actively managed ETFs, and brings the investment expertise of our global fixed income team to Canadian financial advisors and investors who use ETFs to build their portfolios.”
Seeking to provide regular income and modest capital appreciation, while accommodating the risk and return preferences of individual investors, the RBC Conservative Bond Pool (RCNS), the RBC Core Bond Pool (RCOR), and the RBC Core Plus Bond Pool (RPLS) invest in a diversified range of fixed‑income securities through existing funds managed by RBC GAM.
“With this latest ETF series launch, RBC iShares continues to leverage their strengths to deliver diversified investment solutions for Canadians,” commented Erik Sloane, Chief Revenue Officer at Cboe Canada. “We’re incredibly excited to expand our collaboration with RBC iShares as they advance the Canadian ETF landscape and provide investors with finely tuned investment solutions.”
RBC iShares’ three new bond funds join nine other RBC ETFs already listed on Cboe Canada. Investors can trade units of all RBC iShares ETFs through their usual investment channels, including discount brokerage platforms and full-service dealers.
Cboe Canada is home to over 250 unique listings, including ETFs from Canada’s largest ETF issuers, Canadian Depositary Receipts (CDRs), and some of the most innovative Canadian and international growth companies. In Canada, Cboe consistently facilitates more than 20% of all volume traded in Canadian ETFs and over 15% of all volume traded in Canadian-listed companies. Click here for a complete view of all listed securities on Cboe Canada.
RBC iShares ETFs are comprised of RBC ETFs and ETF Series of RBC Funds managed by RBC Global Asset Management Inc. and iShares ETFs managed by BlackRock Asset Management Canada Limited (“BlackRock Canada”).
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About Cboe Canada
Cboe Canada is Canada’s Tier 1 stock exchange for the purpose-driven Innovation Economy, providing a best-in-class listing experience for issuers that are shaping the economies of tomorrow. Fully operational since 2015, Cboe Canada lists investment products and companies seeking an internationally recognized stock exchange that enables investor trust, quality liquidity, and broad awareness including unfettered access to market data.
Cboe Canada is part of the Cboe Global Markets network, leveraging deep international expertise, industry-leading market intelligence and technology, and unparalleled service to deliver what stakeholders and the world need now, and for the future.
Cboe powers ETF Market Canada, a user-friendly platform providing investors and advisors with one-stop access to ETF research and analysis. Real-time, institutional-grade data allows users to compare, contrast, and explore the entire universe of 1,200+ Canadian ETFs, free of charge.
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About RBC
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. RBC’s success comes from the 94,000+ employees who leverage their imaginations and insights to bring the vision, values and strategy to life so they can help clients thrive and communities prosper. As Canada’s biggest bank, and one of the largest in the world, based on market capitalization, RBC has a diversified business model with a focus on innovation and providing exceptional experiences to 17 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com.
About RBC Global Asset Management
RBC Global Asset Management (RBC GAM) is the asset management division of Royal Bank of Canada (RBC) and includes money managers BlueBay and Phillips, Hager & North Investment Management. RBC GAM is a provider of global investment management services and solutions to institutional, high-net-worth and individual investors through separate accounts, pooled funds, mutual funds, hedge funds, exchange-traded funds and specialty investment strategies. The RBC GAM group of companies manage approximately $575 billion in assets and have approximately 1,500 employees located across Canada, the United States, Europe and Asia.
Connect with RBC Global Asset Management: Website | LinkedIn | Twitter
About BlackRock
BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, BlackRock helps millions of people build savings that serve them throughout their lives by making investing easier and more affordable.
Connect with BlackRock: Website | Twitter
About iShares
iShares unlocks opportunity across markets to meet the evolving needs of investors. With more than twenty years of experience, a global line-up of 1400+ exchange traded funds (ETFs) and US$3.5 trillion in assets under management as of December 31, 2023, iShares continues to drive progress for the financial industry. iShares funds are powered by the expert portfolio and risk management of BlackRock.
iShares® ETFs are managed by BlackRock Asset Management Canada Limited.
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