RBC iShares expands thematic ETF suite to provide more precise exposure

TORONTO, Sept. 12, 2023 (GLOBE NEWSWIRE) — Today, RBC iShares expanded its exchange traded fund (“ETF”) lineup with the launch of five iShares ETFs.

The new funds provide Canadian investors with convenient tools to gain exposure to the mega-powers and structural trends positioned to shape global markets and economies, including trends such as the global transition to a low-carbon economy.

The lineup also includes ETFs focused on the semiconductor industry, the aerospace and defense industry, and the US financial sector. The new thematic ETFs demonstrate RBC iShares’ continued commitment to investor choice and access.

The five ETFs (collectively the “iShares Funds”) are listed in the table below and are expected to begin trading on the Toronto Stock Exchange (“TSX”) today; The new iShares funds will be managed by BlackRock Asset Management Canada Limited (“BlackRock Canada”), a subsidiary of BlackRock, Inc. Is an indirect wholly owned subsidiary of.

Helen Hayes, Head of iShares Canada, BlackRock:

“With the expansion of our thematic ETF offering, we are working to help Canadian investors precisely access industries and companies positioned to potentially benefit from powerful structural trends.”

iShares S&P/TSX Energy Transition Materials Index ETF (XETM)
Investments in North American listed securities are expected to be a beneficiary of increased investment in critical minerals essential to the energy transition, such as cobalt, copper, lithium, nickel and uranium.

iShares Semiconductor Index ETF (XCHP)
Provides exposure to US-listed companies that design, manufacture and distribute semiconductors, a critical component for many of the innovative technologies that drive the global economy.

iShares US Aerospace & Defense Index ETF (XAD)
Provides access to US aerospace and defense companies that manufacture commercial and military aircraft and other defense equipment.

iShares S&P US Financial Index ETF (XUSF)
Focuses on providing exposure to the US large-cap financial sector, including banks, insurers and credit card companies.

iShares NASDAQ 100 Index ETF (XQQU and XQQU.U)
Invests in the 100 largest non-financial companies listed on the NASDAQ stock market based on market capitalization. The new launches are to expand the existing currency hedged iShares NASDAQ 100 Index ETF (CAD-Hedged) (XQQ), which has been available since 2011.

RBC iShares aims to help clients achieve their investment objectives by empowering them to build efficient portfolios and take control of their financial future. RBC iShares is committed to delivering a truly differentiated ETF experience and positive outcomes for clients.

For more information about RBC iShares, please visit https://www.rbcishares.com.

About BlackRock

BlackRock’s purpose is to help more people experience financial wellness. As a trust for investors and a leading provider of financial technology, we help millions of people build savings that last a lifetime by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate.

About iShares ETF

iShares opens up opportunities in the markets to meet the growing needs of investors. With over twenty years of experience, a global line-up of 1300+ exchange traded funds (ETFs) and US$3.21 trillion assets under management as of June 30, 2023, iShares is driving progress for the financial industry. . iShares funds are powered by BlackRock’s expert portfolio and risk management.

iShares® ETFs are managed by BlackRock Asset Management Canada Limited.

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 and Phillips, Hager and North Investment Management. RBC GAM is a provider of global investment management services and solutions to institutional, high-net-worth and individual investors through separate accounts, pooled funds, mutual funds, hedge funds, exchange-traded funds and specialized investment strategies. RBC GAM Group companies manage approximately $555 billion of assets and have approximately 1,500 employees located in Canada, the United States, Europe and Asia.

The RBC iShares ETFs include the RBC ETF managed by RBC Global Asset Management Inc. and the iShares ETF managed by BlackRock Asset Management Canada Limited. Commissions, trailing commissions, management fees and expenses may all be associated with investing in ETFs. Please read the relevant prospectus before investing. ETFs are not guaranteed, their values ​​change frequently and past performance may not be repeated. Tax, investment and all other decisions, as appropriate, should be made with the guidance of a qualified professional.

® / TM trademark of the Royal Bank of Canada. Used under license. iSHARES is a subsidiary of BlackRock, Inc. in the United States and elsewhere. is a registered trademark of or its subsidiaries. Used under license. © 2023 BlackRock Asset Management Canada Limited and RBC Global Asset Management Inc. All rights reserved.

For media contact:
Reem Jazar
Email: [email protected]

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