RBC Global Asset Management has expanded its ETF line-up with the launch of the RBC Quant Global Real Estate Leaders ETF (RGRE).
"With this new ETF, we continue to grow our offering of real asset investment strategies, following our launch last September of RBC Quant Global Infrastructure Leaders ETF (TSX:RIG)," says Mark Neill, head of RBC ETFs. "As investors increasingly seek stable sources of income to enhance the yield of their portfolios, diversified global real asset investment solutions will continue to grow in importance. RGRE and RIG are the first real asset ETFs in Canada that employ a quantitative methodology and we are pleased to offer these unique solutions to Canadian investors."
RBC Quant Global Real Estate Leaders ETF is a global real estate investment solution developed by the RBC Global Asset Management quantitative investment team.
RGRE employs a rules-based, multi-factor approach to build a portfolio of global real estate investment trusts and real estate operating companies with attractive yields, strong balance sheets and stable cash flow. This ETF aims to provide stable, regular monthly income and long-term capital growth.
The management fee of RGRE is 0.55 per cent and is also available in a US dollar option with the ticker symbol RGRE.u
"With this launch, there are now more than 20 RBC ETFs available to investors that apply our proprietary quantitative investment approach," says Bill Tilford, head of quantitative investments. "For each of these ETFs, we employ a specifically designed security selection and weighting methodology with the goal of maximising risk-adjusted returns."
