RBC announces changes to index funds

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    RBC Global Asset Management (RBC GAM) announced a number of changes to its lineup of RBC index funds.

    As part of the RBC iShares strategic alliance, RBC GAM has announced that it will add five new ETF funds to its portfolio of index-based solutions from January 24, 2022. Funds that will each invest in at least one iShares ETF include:

    RBC index ETF funds

    Underlying iShares ETF (s)

    RBC Global Bond Index ETF Fund

    iShares Core US Aggregate Bond ETF (AGG) and iShares Core International Aggregate Bond ETF (IAGG) aiming for a 40/60 split with currency hedging

    RBC Canadian Equity Index ETF Fund

    iShares Core S & P / TSX Capped Composite Index ETF (XIC)

    RBC US equity index ETF fund

    iShares Core S&P 500 ETF (IVV)

    RBC Global Equity Index ETF Fund

    iShares MSCI World ETF (URTH)

    RBC Emerging Market Equity Index ETF Fund

    iShares Core MSCI Emerging Markets ETF (IEMG)

    On the same day, the company renames the RBC Canadian Bond Index Fund to RBC Canadian Bond Index ETF Fund, the RBC US Index Currency Neutral Fund to RBC US Equity Currency Neutral Index ETF Fund, and the RBC International Index Currency Neutral Fund as RBC International Equity Currency Neutral Index ETF Fund.

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