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RBC iShares launches 4 sustainable ETFs

first_img BMO to launch six new mutual funds RBC iShares has released four new multi-asset ETFs that are environmental, social and governance–focused, the firm said in a release on Wednesday.The funds, which have annual management fees of 0.22%, are: the iShares ESG Conservative Balanced ETF Portfolio, the iShares ESG Balanced ETF Portfolio, the iShares ESG Growth ETF Portfolio and the iShares ESG Equity ETF Portfolio. BMO InvestorLine launches commission-free trading for ETFs The funds join the RBC iShares suite of sustainable ETFs and complement the iShares Core ETF Portfolios, the release said. They’ll be managed by BlackRock, Inc. subsidiary BlackRock Asset Management Canada Ltd.The launch of the new funds follows growing investor interest in sustainable products.“We’re excited to make sustainability more accessible,” managing director Pat Chiefalo said in the release. Facebook LinkedIn Twitter Keywords ESG,  Responsible investing,  ETFsCompanies RBC Global Asset Management, BlackRock Canada IE Staff Related news Share this article and your comments with peers on social media 51103421 - a hand painting symbols of alternative energy sources in green. green background. concept of clean environment. 123RF ESG interest on the rise, but so is fear of greenwashinglast_img read more