Royal Bank of Canada (RBC) Global Asset Management has expanded its exchange-traded fund (ETF) company with the recent launch of RBC Quant Global Real Estate Leaders ETF.
Mark Neill, RBC's head of ETFs, said the launch will give investors the opportunity to grow their portfolios in global real asset investment.
“With this new ETF, we continue to grow our offering of real asset investment strategies, following our launch last September of RBD Quant Global Infrastructure Leaders ETF,” Neill said in an announcement.
Neill said the company uses a quantitative technology to help clients.
“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," Neill said. "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."
Bill Tilford, RBC's head of quantitative investments, said the launch of RBC Quant Global Real Estate Leaders ETF will open doors for investors.
“With this launch, there are now more than 20 RBC ETFs available to investors that apply our proprietary quantitative investment approach,” Tilford said. “For each of these ETFs, we employ a specifically designed security selection and weighting methodology with the goal of maximizing risk-adjusted returns."