The new iShares ETFs will be managed by
New Sustainable Corporate Bond ETFs
The new sustainable fixed income ETFs build on upon the success of RBC iShares’ existing ESG Advanced suite, and expand sustainable coverage into corporate bonds. The iShares ESG Advanced 1-5 Year Canadian Corporate Bond Index ETF and iShares ESG Advanced Canadian Corporate Bond Index ETF provide exposure to the Canadian dollar investment grade corporate bond market, and currently seek to track indices that are designed to provide efficient exposure to companies demonstrating more sustainable business practices relative to their industry peers, while also excluding issuers from industries with elevated sustainability-related risks. These ETFs can be used as sustainable fixed income building blocks for the core of a portfolio.
Fund | CAD Units Ticker | USD Units Ticker | Annual Management Fee | |
iShares ESG Advanced 1-5 Year Canadian Corporate Bond Index ETF | XSHG | N/A | 0.15% | |
iShares ESG Advanced Canadian Corporate Bond Index ETF | XCBG | N/A | 0.15% |
Sustainable investing continues to gain importance, as investors and advisors seek to assemble portfolios built for the long-term, and account for potential sustainability related risks in their portfolio. As awareness increases, a growing number of Canadian investors and advisors are re-allocating assets into this category.
“Through the launch of these new ETFs, RBC iShares continues to deliver the broadest range of sustainable ETFs in
New
The iShares
Fund | CAD Units Ticker | USD Units Ticker | Annual Management Fee1 | |
iShares | XAGG | XAGG.U | 0.18% | |
iShares | XAGH | N/A | 0.18% |
The addition of the iShares ETFs further broadens RBC iShares’ breadth of cost-competitive Canadian and
Purchases and sales of CAD Units and USD Units on the TSX, and payment of cash distributions, subscriptions, exchange proceeds and redemption proceeds, will generally be made in Canadian dollars and
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, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock
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 900+ exchange traded funds (ETFs) and
iShares ETFs are managed by
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 Asset Management and
RBC iShares ETFs are comprised of RBC ETFs managed by RBC Global Asset Management Inc. and iShares ETFs managed by
® / TM Trademark(s) of Royal Bank of Canada. Used under license. iSHARES is a registered trademark of
For more information, please contact:
1 If applicable, BlackRock Canada or an affiliate is entitled to receive a fee for acting as manager of each ETF managed by BlackRock Canada or an affiliate (“iShares ETF”) in which this ETF may invest (an “underlying product fee” and together with the management fee payable to BlackRock Canada, the “total annual fee”). As the underlying product fees are embedded in the market value of the iShares ETFs in which this ETF may invest, any underlying product fees are borne indirectly by this ETF. BlackRock Canada will adjust the management fee payable to it by this ETF to ensure that the total annual fees paid directly or indirectly to BlackRock Canada and its affiliates by this ETF will not exceed the percentage of the net asset value set out in this table. The total annual fee is exclusive of HST. Any underlying product fees borne indirectly by this ETF are calculated and accrued daily and are paid not less than annually.
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