RBC iShares is looking to expand on its targeted lineup with the launch of five new funds,
XFLB — iShares Core Canadian 15+ Year Federal Bond Index ETF
XTLT — iShares 20+ Year U.S. Treasury Bond Index ETF
XTLH — iShares 20+ Year U.S. Treasury Bond Index ETF (CAD-Hedged)
XEMC — iShares MSCI Emerging Markets ex China Index ETF
XDRV — iShares Global Electric and Autonomous Vehicles Index ETF
The ETFs are available on the Toronto Stock Exchange with a quote from the Head of iShares Canada, BlackRock stating, “With the launch of these new ETFs, we’re working to empower Canadian investors to take a more granular approach to portfolio construction and enable financial advisors to create highly customizable portfolios to help their clients reach their investment objectives.”
ETF Newz Says:
As the names suggest, these new funds plan to track their respective indexes looking to apply focused and diversified strategies.