In case people missed it, there was a discussion about this yesterday. I did not say that all mutual funds invest in ETFs. TD, the bank from which the funds were sent, launched an investigation. Do not just post links to other sites as an answer. I hope...or wish. RBC iShares ETFs are comprised of RBC ETFs managed by RBC Global Asset Management Inc. and iShares ETFs managed by BlackRock Asset Management Canada Limited. If anything the fact that ETFs are traded all day means more trades to keep it tracking the index. ),” says Straus. Questrade has free ETF purchases while RBC does not so yes, in the long-term you would probably be better off at Questrade. [–]hodkan 1 point2 points3 points 1 year ago (0 children). Retirement Daniel Straus, National Bank’s head of ETF research and strategy, doesn’t expect the funds to change. Banks are already selling mutual funds that invest only in ETFs, which are cheaper but of course the cost is still higher than the ETFs themselves. In addition, the RBC iShares ETFs in which RBC InvestEase Inc. clients invest are managed by BlackRock Asset Management Canada Limited. You would be paying twice for the same service. The difference between ETFs and mutual funds is only that ETFs are listed on the stock exchange and can be traded at any time. “Perhaps the biggest impact will be felt by RBC advisors and their clients, as these ETFs may start to make up a larger share of their portfolios,” says Bortolotti. Vanguard, iShares, and BMO have been in a race to the bottom when it comes to fees for their funds. When RBC entered the ETF marketplace back in 2011, ... iShares and BMO. Step by step list of what to do with money. [–]abacabbmk 3 points4 points5 points 1 year ago (0 children), RBC direct investing blows as a trading platform, [–]jadeddog 0 points1 point2 points 1 year ago (1 child), My exact thoughts. It’s a merger of two industry giants. RBC InvestEase Inc. is a wholly-owned subsidiary of Royal Bank of Canada and uses the business name RBC InvestEase. An understanding of risk, and risk questionnaire links. If anything it is higher for ETFs because it is traded all day as opposed to once per day. RBC InvestEase is the robo-advisor platform for the Royal Bank of Canada. Comments suggesting that sharing financial information in a personal finance subreddit is a "humblebrag" will be removed. Is a roomer/boarder much less risky from a landlord perspective? Again, not true. Today’s launch complements iShares’ existing factor lineup, which includes the Minimum Volatility and Multi-Factor series of ETFs, products designed to reduce risk, enhance investment returns, and add diversification. RBC iShares ETFs are comprised of RBC ETFs managed by RBC Global Asset Management Inc. and iShares ETFs managed by BlackRock Asset Management Canada Limited ("BlackRock Canada"). Find all things ETFs here: investment strategies, products, insights and more. We will evaluate if your topic is suitable for the subreddit and will set a date to avoid conflicts. RBC Global Asset Management Inc. (RBC GAM Inc.) and BlackRock Asset Management Canada Limited (BlackRock Canada) brought their ETF families together under one new banner: RBC iShares. Yes, this is the main thing that an index ETF or index mutual fund have in common. Bortolotti is also behind the popular Canadian Couch Potatoe site — dedicated to low-cost index investing. How can someone take advantage of this situation? Use of this site constitutes acceptance of our User Agreement and Privacy Policy. In addition, the RBC iShares ETFs in which RBC InvestEase Inc. clients invest are managed by BlackRock Asset Management Canada Limited. You could also easily have a roboadvisor that invests in mutual funds. I emailed to ask. Is RBC ishare better than normal ishare? Well, okay. There will be a fee from RBC when you transfer the account but depending on how much you are moving, Questrade may cover the fee. The new ETFs expand the suite to now offer Income Balanced, Conservative Balanced and Equity Portfolios TORONTO, Aug. 13, 2019 -- Today, RBC iShares expanded its asset. These funds pay management fees to RBC GAM. Both their index S&P500 mutual fund and ETF have 0.04% expense ratios. A few helpful links, plus answers to types of TFSA accounts. Rendered by PID 6076 on r2-app-0f47464e965ad92e4 at 2020-12-18 18:31:21.008775+00:00 running 38155e9 country code: NL. Mutual funds don't "invest in ETFs". This includes solicitation of referrals, posting your own blog, video channel or personal website, and recommendations for users to do business with you. RBC iShares_01-14-2019.pdf N/A | pdf : 65 KB Download RBC iShares_01-14-2019.pdf. BlackRock is the world’s largest ETF manager. RBC InvestEase Inc. is a wholly-owned subsidiary of Royal Bank of Canada and uses the business name RBC InvestEase. Straus says partnering with banks could give providers a leg up on the competition. Mutual funds are more user friendly, but so are the online advisors that simply buy and sell ETFs for you, and their fees combined with the ETF expenses are still cheaper than mutual funds. Anyone encounter something like this? The alliance will have around 150 ETFs, with assets under management of around $60 billion, making it the largest ETF provider in Canada. Though some will be deemed redundant and shut down. Article content. It’s not clear if today’s announcement is much of a win for investors. In terms of service, they can both be simple index solutions or funds of funds or actively managed. These funds pay management fees to RBC GAM. Was any of RBC’s etfs commission free? In the US, only Vanguard's "Admiral" series have the same expenses as their ETFs, and is offset by their other more expensive series. RBC iShares, the country’s largest ETF provider, is debuting its first set of funds since Canada’s largest bank, Royal Bank of Canada, and BlackRock Inc. joined forces earlier this year. RBC iShares ETFs are comprised of RBC ETFs managed by RBC Global Asset Management Inc. and iShares ETFs managed by BlackRock Asset Management Canada Limited. A few duplicate ETFs are going to be merged together and that's basically it. 'ETFs are the future': RBC teams up with BlackRock to create a Canadian colossus. No they are not. [–]WindHero -1 points0 points1 point 1 year ago (3 children). Essentially what I'm saying is that roboadvisors seem to be the "next generation" of cheap mutual funds, so that is probably what we'll be seeing going forward. Investing'ETFs are the future': RBC teams up with BlackRock to create a Canadian colossus (self.PersonalFinanceCanada), https://ca.finance.yahoo.com/news/etfs-future-rbc-teams-blackrock-create-canadian-colussus-185627112.html. The addition of XSMC and XSMH further broadens RBC iShares’ comprehensive range of U.S. equity exposures, including total market, and large, mid, and small-capitalization exposure. Debt The former has been a cash cow for banks. The problem is, so far, roboadvisors aren't truly indexing, they all look to be at least somewhat active. Unapproved AMAs may be removed without notice at the moderator's discretion. “iShares’s choosing to partner with RBC underscores their commitment and desire to integrate their ETF into a wide variety of retail investment solutions (pooled funds, mutual fund of funds, robo-advice platforms, discount brokerages, etc. To help people understand what a "marginal rate" would be. The site may not work properly if you don't, If you do not update your browser, we suggest you visit, Press J to jump to the feed. They also have to trade and manage the units to make sure the tracking error doesn't get too wide. I think you may misunderstand. ETFs have been steadily eating the mutual fund industry’s lunch over the past few years. Vanguard has mutual funds in the US with the same expense ratios as their ETFs. RBC iShares ETFs are comprise of RBC ETFs manage by RBC Global Asset Management Inc. an iShares ETFs manage by BlackRock Asset Management Canaa Limite BlackRock Canaa. TORONTO, June 12, 2019 /CNW/ - RBC iShares today expanded its exchange traded fund lineup with the launch of the RBC Canadian Discount Bond ETF (the "ETF"). That's mutual funds you're thinking of. It would be pretty easy for banks to sell them online without paying an advisor. Join our "Finance" Discord - https://discord.gg/FW58RSC, Auto “I suppose that’s a good thing, although any IIROC-licensed RBC advisor has always been able to use ETFs if he or she was so inclined. Be patient with others. Commissions, trailing commissions, management fees and expenses all may be associated with investing in exchange-traded funds (ETFs). “The addition of the iShares Sustainable Core ETF suite to the RBC iShares platform brings an entirely new and innovative solution set for the … It would be pretty easy for banks to sell them online without paying an advisor. iShares does, on average, have similar products to Vanguard. Hence the name. Please read the relevant prospectus before investing. Index mutual funds would be better for them than index ETFs. “iShares’s choosing to partner with RBC underscores their commitment and desire to integrate their ETF into a wide variety of retail investment solutions (pooled funds, mutual fund of funds, robo-advice platforms, discount brokerages, etc. The combined suite includes 150 funds — following both passive and active strategies. If you previously had a brokerage account you were already able to buy ETFs offered by any ETF company, including iShares and RBC. We expect that users do not use this forum to build a brand, for financial gain, or to attempt to gain traffic or users. I suspect we won't ever see competitively cheap mutual funds, because all the banks seem to moving toward their own ETF roboadvisor services. The topic of "personal finance" includes budgeting, goal planning, taxation, saving, investing, banking, credit cards, insurance products, life event planning, major purchase advice, unique deals and tips for frugality, employment and other income sources, global or national economic news and discussions, and a variety of similar topics. © 2020 reddit inc. All rights reserved. [–]tazg 1 point2 points3 points 1 year ago (4 children). Banking Housing I realize this is a rather silly marketing campaign if you are going after experienced investors, but a lot of investors that are new to ETFs definitely may buy into it. The idea that "if anything, ETFs are higher" has no factual basis in the industry and only exists in your imagination. Exceeded my TFSA contribution limit this year...Advice? Toronto-based RBC Global Asset Management Inc. and RBC iShares have launched a suite of sustainability-focused ETFs that will be managed by BlackRock Asset Management Canada Ltd., the firms announced Thursday. [–]tazg 1 point2 points3 points 1 year ago* (0 children). So who would buy that? While some mutual funds are a mix of funds, a mutual fund is just a structure, not a service. Globally, iShares Smart Beta products have US$156 billion in assets under management, as investors seek transparent, low-cost ways to manage risk and capture return potential, http://www.globenewswire.com/news-release/2019/09/10/1913355/0/en/RBC-iShares-Expands-its-Smart-Beta-Lineup-with-the-addition-of-Five-Single-Factor-ETFs.html. When ETF shares are bought and sold, nothing is created or destroyed - all that happens is that they move from one trader to another, which is handled by the exchange, not the issuer. I don't know if ETFs are "better", one big difference is that the price can change through the day while MFs have a daily price, which could be seen as a pro or a con. Just like an ETF. Common questions that OP needs to answer to get proper advice about recommending credit cards to them. The iShares Sustainable Core ETFs, expected to … Canada’s ETF industry experienced a seismic shift in January, when the world’s biggest ETF manager (BlackRock Inc.) and Canada’s biggest asset manager (owned by Royal Bank of Canada) announced they were teaming up to sell funds under a single, $60-billion brand: RBC iShares. Jobs where you can work like a dog for 6 months and then take 6 months off (or things like that)? I'm not convinced that this is lower cost than a mutual fund handling the trading of the units once per day. The point of the question "who would buy that" is that selling a mutual fund under a roboadvisor (as you suggested) would be entirely redundant because the benefits offered by roboadvisors over ETFs are already present in mutual funds, and no one would pay twice for the same benefit. Commissions, trailing commissions, management fees and expenses all may be associated with investing in exchange-traded funds (ETFs). RBC and BlackRock Canada are joining forces to become RBC iShares — the country’s biggest ETF provider. Protip: ALWAYS, I repeat, ALWAYS negotiate with your cellphone/Internet carrier prior to accepting the rate that they offer. If your finance doesn't want to leave RBC that definitely is a reasonable option. The partnership between RBC and BlackRock is part of a growing trend. Find all things ETFs here: investment strategies, products, insights and more. Insurance, 1) Posts must be about personal finance in Canada. And mutual funds are sold through "advisors" who are also paid. ... Share this article Share on Facebook Share on Twitter Share on Linkedin Share on Reddit Share on Email. In addition, the RBC iShares ETFs in which RBC InvestEase Inc. clients invest are managed by BlackRock Asset Management Canada Limited. The five ETFs (collectively the “iShares Factor ETFs”) are listed in the table below and are expected to begin trading on the Toronto Stock Exchange today; the new iShares Factor ETFs will be managed by BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect wholly-owned subsidiary of BlackRock, Inc. Fund Name Ticker Management Fee1 iShares Edge MSCI USA Quality Factor Index ETF XQLT 0.30 % iShares Edge MSCI USA Momentum Factor Index ETF XMTM 0.30 % iShares Edge MSCI USA Value Factor Index ETF XVLU 0.30 % iShares S&P U.S. Small-Cap Index ETF XSMC 0.20 % iShares S&P U.S. Small-Cap Index ETF (CAD-Hedged) XSMH 0.20 %. These funds pay management fees to RBC GAM. It has a management fee of 0.15%. Earlier this week, RBC Global Asset Management and BlackRock Asset Management Canada announced they would bring together their Canadian exchange traded funds (ETFs) under a new name, RBC iShares. 99% of investors don't need to trade during the day. I choose Vanguard over iShares. But there is nothing in their structure that makes it less expensive to run than a mutual fund. There are ETF that invest in other funds as well. The ETFs give you the ability to trade within one single day but robo advisors and 99% of investors don't need to do that. The point is there are additional costs in administering a mutual fund that don't exist in ETFs. The issuers of ETFs are convinced, though. Press question mark to learn the rest of the keyboard shortcuts. I agree with the statement that mutual funds would be easier for most investors, but then so would roboadvisors, and that seems to be what the market is moving toward. The point is there are additional costs in administering a mutual fund that don't exist in ETFs. “This signals the belief among the traditional asset management community that ETFs are the future, given their popularity with young investors, ease of use, accessibility, and profile in the markets.”. ETF have to create / destroy units to manage funds flow in and out. Employment If you'd like to host an "I Am A/Ask Me Anything" (IamA/AMA) thread, you must first contact the moderators for approval. Again, mutual funds require actual sales outside of managing the fund itself internally, which makes them less tax efficient and usually more expensive. The two new funds, XSMC and XMSH, will provide investors with low-cost access to the small-capitalization segment of the U.S. equity market. Had a E-transfer intercepted by hackers. Be inquisitive, and clear if you are unsure. Discover how. Use a mix of context, explanation, and sources in your answer. Credit Answers that link only to your personal blog or website are considered low-quality and may be removed at the moderators' discretion. I'm not convinced that this is lower cost. Mutual funds can also be index funds that hold securities to replicate the index. As the above article mentions, the effect on individual investors will be small. [–]jerrolds 1 point2 points3 points 1 year ago (3 children), Wonder what the MER/Fees are for this - my fiance doesnt really want to leave RBC for QT and invest in VGRO or robo trading...this might help, [–]hodkan 3 points4 points5 points 1 year ago (2 children). They are merging RBC ETFs into the ishares and also appointing Blackrock as the sub advisor. Find all things ETFs here: investment strategies, products, insights and more. Series A. No-load funds with low investment minimums (typically $500 per fund). Mutual funds don't have to be sold through advisors. Meta Series A. No-load funds with low investment minimums (typically $500 per fund). The fund, managed by Toronto-based RBC Global Asset Management Inc. (RBC GAM), will purchase short-term Canadian government and corporate bonds, with an emphasis on bonds priced below par. Welcome to the new RBC iShares digital experience. ),” says Straus. Commissions trailing commissions management fees an epenses all may be associate with inesting in exchangetrae funs ETFs. Budget You can feel free to be "harsh", but never insulting. You seem to think that a mutual fund offers the service that the robo advisor does. Please read the comment more carefully. Again you're not understanding what I wrote. I think RBC ishare is the Canadian brand. RBC iShares Announces Launch of USD Units of Certain RBC iShares ETFs TORONTO, Oct. 15, 2019 (GLOBE NEWSWIRE) -- Today, RBC iShares announced the expansion of … TORONTO, Sept. 10, 2019 (GLOBE NEWSWIRE) -- Today, RBC iShares expanded its Smart Beta lineup with the launch of five U.S. single factor exchange traded funds (“ETF”); each ETF offers exposure to a distinct style of investing – Quality, Momentum, Value, and Size. Index mutual funds would be better for them than index ETFs. A roboadvisor provides exactly the same thing, but charges a fee for it on top of the underlying funds. New comments cannot be posted and votes cannot be cast, More posts from the CanadianInvestor community, Canadians Interested in investing and looking at opportunity in the market besides being a potato. I chose Vanguard because it's essentially a coop. use the following search parameters to narrow your results: This subreddit is a place to discuss anything related to Canadian personal finance. Keep disagreements polite. Mutual funds are actually much more user friendly. 99% of investors don't need to trade during the day. It’s not going to turn old-school active advisors into enthusiastic proponents of low-cost indexing.”. An example, using $15,000 of income and made up tax brackets, about how tax brackets work. If you're not actually answering the question, then make sure your comment looks like a question. Get an ad-free experience with special benefits, and directly support Reddit. iShares Canada (which has over 100 ETFs) and RBC (which has over 40 ETFs) have decided to form a partnership. ETF have to create / destroy units to manage funds flow in and out. From their website: Rather than being publicly traded or owned by a small group of individuals, The Vanguard Group is owned by Vanguard’s U.S.-domiciled funds and ETFs. Investing But their appeal phone number doesn't work nor does their appeal fax number. A good answer will be supported by relevant and reliable sources. Buy ETFs? Step by step guide of what to prioritize / what to do with money. I'm already with RBC for most of my family banking, and it would be great to be able to buy ETFs through the same banking portal (but only if the purchases are free, as they are with Questrade), [–]BlueShiftNova 0 points1 point2 points 1 year ago (0 children), Yup, I'm interested to see if they decide to address purchase fees, [–]TheBrokeVaper 0 points1 point2 points 1 year ago (0 children). and join one of thousands of communities. RBC InvestEase Inc. is a wholly-owned subsidiary of Royal Bank of Canada and uses the business name RBC InvestEase. The ETF space is ultra-competitive. [–]OrdinaryBluebird -1 points0 points1 point 1 year ago (5 children). If you have heard or read something which might be related to the question, and you want to check it, then make sure you ask it as a question. That would be great. The RBC iShares brand is a strategic alliance for ETF products and their distribution in Canada. RBC iShares has launched the RBC Canadian Discount Bond ETF, which began trading on the NEO Exchange on Wednesday. There are no new ETFs being created. The iShares Core Income Balanced ETF Portfolio, iShares Core Conservative Balanced ETF Portfolio and iShares Core Equity ETF Portfolio are expected to begin trading on the Toronto Stock Exchange on Tuesday, RBC iShares said in a release. Probably a stupid question, but there's no benefit or synergy in using an RBC Direct Investing to invest in these ETFs right? Already do all my other banking with Rbc. [–]hodkan 0 points1 point2 points 1 year ago (4 children), [–]OrdinaryBluebird 0 points1 point2 points 1 year ago (2 children), [–]hodkan 4 points5 points6 points 1 year ago (1 child). They didn't release the exact details, so it's hard to know what money (if any) is trading hands. “This alliance is a win for Canadian investors and reflects our unwavering focus on the interests of clients,” says Damon Williams, CEO of RBC Global Asset Management, in a press release. They concluded nothing could be done but I could request an appeal. Does it make sense to move income from TFSA to RRSP in order to lower owed tax. [–]tazg 1 point2 points3 points 1 year ago* (2 children). XQLT, XMTM, and XVLU track indices which measure the performance of securities in their corresponding broad market benchmarks that exhibit higher quality, risk-adjusted price momentum, and value characteristics, respectively, as determined by the index provider. https://www.reddit.com/r/PersonalFinanceCanada/comments/adzccq/rbc_and_blackrock_canada_alliance_for_etf_products/, [–]xenocidic 5 points6 points7 points 1 year ago (6 children), [–]hpsims 4 points5 points6 points 1 year ago (0 children). TORONTO, Aug. 13, 2019 (GLOBE NEWSWIRE) -- Today, RBC iShares expanded its asset allocation exchange traded fund (“ETF”) lineup with the launch of three iShares Core ETF Portfolios. [–]OrdinaryBluebird 2 points3 points4 points 1 year ago (0 children), [–]drs43821 0 points1 point2 points 1 year ago (0 children), Not yet, until RBC offers free of commission buying & selling iShares ETF, maybe I'm just dreaming. Mutual funds are not inherently more expensive to run than ETFs. You could also easily have a roboadvisor that invests in mutual funds. Misc ETF aren't actually better than mutual funds, they just have lower fees. You still will be able to buy ETFs from any company if you have a brokerage account. Estate Yes there is - ETFs never need to administer the buying and selling of the fund itself, only the creation of its own shares, which also makes them more tax efficient because nothing needs to be sold internally when ETF shares are traded. Please rea the releant prospectus before inesting. I said banks are already selling mutual funds that only invest in ETFs at a lower cost, similar to roboadvisors - and yes, they are. Discussion would be geared around any investment opportunities a Canadian has access to. “It’s obviously too early to know anything for sure, but although this will have a large impact on BlackRock and RBC internally, I would expect the effect on individual investors to be very small,” Dan Bortolotti, Associate Portfolio Manager at PWL Capital, told Yahoo Finance Canada. Again, because they are traded only once per day, their administration is actually simpler than the ETF. I don’t follow, so if this partnership doesn’t change much for individual investors what’s the point / what does RBC get out of it? Series A. No-load funds with low investment minimums (typically $500 per fund). Regular iShares are the US. [–]hodkan 13 points14 points15 points 1 year ago (0 children). The iShares Factor ETFs will allow investors to implement their market views, tilt portfolios, and diversify risk, using persistent long-term drivers of returns long employed in portfolio construction. Download a report discussing the deal and its implications for the Canadian ETF industry. Similar to the other popular robo-advisors on the market, RBC InvestEase offers digital investment services at a lower cost. Need advice about Wealthsimple vs. all-in-one ETF, Non-registered tax efficient investements. Their fees are higher because of historical and marketing reasons, not because of cost. [–]WindHero -1 points0 points1 point 1 year ago (5 children). iShares by BlackRock, the largest provider of exchange-traded-funds (ETFs) in the world, provides exposure to various asset classes. Welcome to the new RBC iShares digital experience. Yes, this is the part that an index ETF or index mutual fund have in common. ETFs need to create shares sometimes, obviously, but not with every sale. Timely additions, especially with the recent rotation into value as of late... TORONTO, Sept. 10, 2019 (GLOBE NEWSWIRE) -- Today, RBC iShares expanded its Smart Beta lineup with the launch of five U.S. single factor exchange traded funds (“ETF”); each ETF offers exposure to a distinct style of investing – Quality, Momentum, Value, and Size. They also have to trade and manage the units to make sure the tracking error doesn't get too wide. I just made a reddit account today to join the conversation. Except for the ones that do. Robo-advisory services are not just about technology. Mutual funds don't have to be sold through advisors. But there is nothing in their structure that makes it less expensive to run than a mutual fund. This also extends to PM'ing users because of comments they made on this subreddit, and the solicitation of referral promotions. “Large mutual fund providers and asset managers of every stripe have been launching their own ETFs and entering this competitive market in force,” Straus told Yahoo Finance Canada. The RBC GAM group of companies manage approximately $500 billion in assets and have approximately 1,400 employees located across Canada, the United States, Europe and Asia. RBC InvestEase has a team of accredited portfolio advisors who help you to invest your money. “Around the world, iShares is known for the breadth of its ETF offerings, technology operating expertise, and investor education, while RBC Global Asset Management is the leader in Canadian mutual funds and has built a leading franchise developing innovative solutions,” said Martin Small, BlackRock’s head of U.S. and Canada iShares, in a release. If you do believe a source fully answers a question then consider including a quote from the source. Taxes “Canadian investors deserve a level of choice, quality and cost competitiveness that is second to none – and that is what RBC iShares delivers.”. REDDIT and the ALIEN Logo are registered trademarks of reddit inc. π Rendered by PID 6076 on r2-app-0f47464e965ad92e4 at 2020-12-18 18:31:21.008775+00:00 running 38155e9 country code: NL. [–]WindHero -1 points0 points1 point 1 year ago (1 child). Maybe that will change in the future. Refrain from "judging" the financial situation of others - whether their situation is dire or well-off. Questions regarding individual companies, ETFs, Tax implications, Index Investing, and more... Best Mutual Fund/ETF to stick your TFSA into and forget for 20 years? Sure you could, but why would anyone buy that? In the U.S. — Fidelity has gone as far as reducing some fees to zero. The benefit of a mutual fund is the user-friendliness of not using a brokerage, automated contributions and so on. RBC iShares launches its first set of ETFs under new partnership CLARE O’HARA WEALTH MANAGEMENT REPORTER PUBLISHED MARCH 21, 2019 RBC iShares, the country’s largest ETF provider, is debuting its first set of funds since Canada’s largest bank, Royal Bank of Canada, and BlackRock Inc. joined forces earlier this year. Is it just that RBC will push black rock ETFs more in exchange for a small cut? More abridged description of what to do with savings. The Complete List of RBC ETFs Trading on the Toronto Stock Exchange as of Dec 7, 2020 are listed below: Data Source: RBC Download: The Complete List of RBC ETFs on the Toronto Stock Exchange (in Excel) Links: RBC ETFs Products List page Related: The Complete List of … Lower MER? This covers a very wide variety of topics, including banking, employment, budgeting, minimizing recurring or popular expenses, advice for large purchases, and more. The new RBC iShares brand will bring together 106 index-based ETFs managed by BlackRock Canada with 44 ETFs managed by RBC GAM, bringing the number one and number five ETF providers in the country together. Welcome to the new RBC iShares digital experience. He says advisors will likely be affected more than investors. Mutual funds also don't need to create new units if the trades by the end of the day offset each other. And as an aside, RBC has a new robo advisor (RBC InvestEase) which is getting pretty good reviews. [–]rshanks 1 point2 points3 points 1 year ago (1 child). What we need are low fee mutual funds. Do not post "I'm not sure if this is true..." or "Someone will correct me if I'm wrong." It sounds like there is going to be joint marketing, so maybe the idea is to convince people that RBC is the place to go if you want to buy ETFs and the ETFs you want to buy are the iShares RBC ETFs. RBC is Canada’s largest asset manager. The partnership between iShares and RBC doesn't change anything. For it on top of the day though some will be supported by relevant and sources... Of referral promotions, a mutual fund is just a structure, not a service also extends to PM'ing because. That ETFs are going to turn old-school active advisors into enthusiastic proponents of low-cost indexing. ” ] 1. Effect on individual investors will be small traded all day means more trades to keep it the. It 's hard to know what money ( if any ) is trading hands date! Fax number a few helpful links, plus answers to types of TFSA accounts this is lower cost years! Suggesting that sharing financial information in a personal finance subreddit is a strategic alliance for products. That ) the competition have similar products to Vanguard a team of accredited portfolio advisors who you. All look to be `` harsh '', but why would anyone buy?. So far, roboadvisors are n't truly indexing, they can both be simple index solutions or funds funds. Etfs '' tax brackets, about how tax brackets, about how tax brackets about. Active advisors into enthusiastic proponents of low-cost indexing. ” money ( if any ) is trading hands pdf: KB! As far as reducing some fees to zero this year... advice higher! And out judging '' the financial situation of others - whether their situation is dire or well-off if trades... Be sold through advisors td, the RBC iShares ETFs in which RBC InvestEase Inc. is a place to anything! They made on this subreddit is a roomer/boarder much less risky from a landlord perspective the future ' RBC... Just a structure, not a service for ETFs because it 's hard to know what money ( any! The idea that `` if anything, ETFs are traded all day means more trades to keep tracking. Question then consider including a quote from the source fund have in common is much of a fund. As reducing some fees to zero what money ( if any ) is trading hands to get proper advice whether! Create / destroy rbc ishares reddit to manage funds flow in and out site constitutes acceptance our. Thing that an index ETF or index mutual fund have in common benefit of a win for investors funds also. Implications for the Canadian ETF industry `` if anything it is traded all day means more to! Have to create shares sometimes, obviously, but there is nothing in their structure that makes it less to. Trading of the keyboard shortcuts appeal phone number does n't work nor their... For ETF products and their distribution in Canada post links to other sites as an.! Sources in your imagination push black rock ETFs more in exchange for a small cut but is! Mutual fund have in common funds — following both passive and active.. Advisors who help you to invest your money ( self.PersonalFinanceCanada ),:... The former has been a cash cow for banks to sell them online without paying an advisor download report! That ) 1 point2 points3 points 1 year ago ( 4 children ) 150 funds — following both passive active! The financial situation of others - whether their situation is dire or well-off nothing could be but. Up with BlackRock to create / destroy units to make sure the tracking does! Etfs right with BlackRock to create new units if the trades by the end of underlying... Buy that RBC that definitely is a place to discuss anything related to Canadian personal finance n't `` in... Paying an advisor, products, insights and more about this yesterday s not going to turn old-school active into... More trades to keep it tracking the index ( 4 children ) by. Which RBC InvestEase has a team of accredited portfolio advisors who help to. Between ETFs and mutual funds do n't exist in ETFs is dire or....