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RBC Enhanced North American Value Fund – ETF Series, RBC Enhanced Quant Canadian Dividend Leaders Fund – ETF Series and RBC Enhanced Quant U.S. Dividend Leaders Fund – ETF Series provide investors with access to alternative investment strategies managed by RBC Global Asset Management Inc.
TORONTO, June 9, 2026 /CNW/ – The RBC iShares alliance today announced the launch of three new ETF Series of RBC Funds (“ETF Series”), expanding its suite of alternative investment solutions for Canadian investors and advisors. The new ETF Series are managed by RBC Global Asset Management Inc. (“RBC GAM Inc.”) and are expected to begin trading on Cboe Canada today.
|
Fund |
Ticker Symbol |
Management Fee |
|
RBC Enhanced North American Value Fund – ETF Series |
RNVL |
1.00 % |
|
RBC Enhanced Quant Canadian Dividend Leaders Fund – ETF Series |
RCDL |
0.65 % |
|
RBC Enhanced Quant U.S. Dividend Leaders Fund – ETF Series |
RUDL |
0.65 % |
Expanded suite of alternative investment solutions
The new ETF Series are an extension of the suite of alternative investment solutions currently offered by RBC GAM Inc. As each ETF Series aims to increase potential returns by employing leverage at approximately 25% of each Fund’s net asset value, the ETF Series offer medium and long-term investors convenient and cost-effective access to leveraged solutions with daily liquidity.
“Canadian investors and advisors are continually looking for new solutions to help address portfolio construction challenges during times of heightened market volatility,” said Stephen Hoffman, Managing Director of Exchange-Traded Funds, RBC Global Asset Management Inc. “Increasingly, they are drawn to alternative investments due to the unique benefits they can bring to their portfolios. By introducing the RBC Enhanced Funds in ETF Series, we are expanding our suite of alternative investment solutions to make sophisticated investment strategies accessible for Canadians who prefer to invest using ETFs.”
RBC Enhanced North American Value Fund – ETF Series – The Fund invests primarily, directly or indirectly, in undervalued Canadian and/or U.S. companies offering long-term growth potential. The Fund invests primarily in ETF Series units of RBC North American Value Fund, which has over $10 billion in assets under management.1 The Fund also uses leverage at approximately 25% of the Fund’s net asset value to enhance returns.
RBC Enhanced Quant Canadian Dividend Leaders Fund – ETF Series – The Fund invests primarily, directly or indirectly, in a portfolio of high-quality Canadian equity securities that aim to provide regular dividend income and have the potential for long-term capital growth. The Fund invests primarily in units of RBC Quant Canadian Dividend Leaders ETF, which has over $400 million in assets under management.2 The Fund also uses leverage at approximately 25% of its net asset value to enhance returns.
