RBC Quant Canadian Equity Leaders ETF (RCE.TO) TSX

26.87

-0.01(-0.04%)

Updated at September 11, 2023 02:03PM

Currency In CAD

RBC Quant Canadian Equity Leaders ETF

Sector

Financial Services

Industry

Asset Management

Employees

N/A

First IPO Date

May 12, 2015

Key Executives

N/A

Description

The fund is actively managed to provide broad exposure to a portfolio of Canadian equity securities that have the potential for long-term capital growth. The fund uses a rules-based, multi-factor investment approach to select companies believed to have high quality of earnings, while avoiding companies with expensive valuations and slow growth. The funds sub-advisor also considers ESG factors if deemed applicable to the investment decision. Securities are weighted using a modified capitalization weighting methodology designed to reduce the dispersion of weights between larger and smaller capitalization companies. Holdings are reconstituted and rebalanced on a quarterly basis.