RBC iShares launches ETF Series of RBC Global Large-Cap Equity Fund
The new ETF provides Canadian investors with turnkey access to companies operating in various regions of the world that offer long-term growth opportunities.
With $710 billion in total assets under management, RBC Global Asset Management Inc. (RBC GAM) is a well-recognized and highly regarded asset manager in North America and globally. Attaining such a size and stature requires ongoing product development and enhancement of its investment product line-up.
Recently, RBC GAM launched a new, actively managed ETF offering that provides investors access to companies operating in various regions of the world that offer long-term growth opportunities.
RBC Global Large-Cap Equity Fund (Ticker: RGLE)
RGLE’s underlying investment strategy is based on fundamental research and utilizing a bottom-up stock selection process to identify quality companies that are undervalued based on criteria such as assets, earnings, and cash flow. The companies that are ultimately chosen for inclusion within the fund are based on the manager’s understanding of the company, its business, and its outlook.
It is worth noting that given the fund’s global focus, factors such as global growth outlook, the pace of development within a given region, and commodity prices are also considered when evaluating the investment opportunity set.
In launching this ETF, Stephen Hoffman, Managing Director, ETFs at RBC Global Asset Management Inc., stated, by launching this ETF series of our recently launched actively managed RBC Global Large Cap Equity Fund, we are providing Canadian advisors and investors who prefer to invest using ETFs with access to the long-standing investment management expertise of RBC GAM.”
For investors looking for global equity exposure, RGLE provides requisite exposure to the global equity landscape. RGLE is now trading alongside 14 RBC ETFs already listed on Cboe Canada. Investors can trade units of all RBC ETFs through their usual investment channels, including discount brokerage platforms and full-service dealers.
Please note this article is for information purposes only and does not in any way constitute investment advice. It is essential that you seek advice from a registered financial professional prior to making any investment decision.
