Today, RBC Global Asset Management Inc. announced four new ETFs designed to generate regular monthly income. Of note, this group includes the RBC Quant EAFE Dividend Leaders ETF (MER: 0.39%), Canada’s first EAFE dividend ETF focused on Europe, Australia and Southeast Asia.
Also introduced were the RBC Quant Canadian Dividend Leaders ETF (MER: 0.39%), the RBC Quant U.S. Dividend Leaders ETF (MER: 0.39%), and the RBC 1-5 Year Laddered Corporate Bond ETF (MER: 0.25%).
The U.S. and EAFE Quant Dividend Leader ETFs are not currency hedged and are available for purchase in either Canadian dollar and U.S. dollar units on the TSX. The RBC 1-5 Year Laddered Corporate Bond ETF provides exposure to a diversified portfolio of individual Canadian investment grade corporate bonds by holding the RBC Target Maturity Corporate Bond ETFs.