BlackRock Debuts Its First ETF Models for Canadian Financial Advisors
July 14 2023 - 7:55AM
Today, BlackRock brings five new model portfolios constructed using
exchange traded funds (“ETFs”) to Canada to further support
Canadian advisors. The iShares Strategic Allocation ETF Models
(collectively the “iShares ETF Models”) provide access to highly
diversified portfolios of global stocks and bonds at low cost,
leveraging the breadth of iShares ETFs.
iShares ETF Models
- iShares 20/80 Strategic Allocation
ETF Model
- iShares 40/60 Strategic Allocation
ETF Model
- iShares 60/40 Strategic Allocation
ETF Model
- iShares 80/20 Strategic Allocation
ETF Model
- iShares 100/0 Strategic Allocation
ETF Model
These all-in-one, global multi-asset iShares ETF
Models are available on select platforms today; the new models will
be provided by BlackRock Asset Management Canada Limited
(“BlackRock Canada”), an indirect wholly-owned subsidiary of
BlackRock, Inc.
Helen Hayes, Head of iShares Canada,
BlackRock:
“The launch of the iShares Strategic Allocation
ETF Models in Canada is another way we continue to support
financial advisors; model portfolios enable advisors to scale their
business, while helping clients work toward their investment goals.
The iShares ETF Models allow Canadian advisors and their clients to
achieve instant diversification across geographies and asset
classes and access thousands of stocks and bonds in one simplified
decision.”
Providing Support for the Canadian
Financial Advisor through the RBC iShares Alliance
In January 2019, RBC GAM and BlackRock Canada formed an industry
first ETF strategic alliance, taking a combined global and local
approach to bring together BlackRock’s and RBC Global Asset
Management’s (RBC GAM) complementary strengths for the benefit of
financial advisors in Canada.
RBC iShares aims to help clients achieve their investment
objectives by empowering them to build efficient portfolios and
take control of their financial futures. RBC iShares is committed
to delivering a truly differentiated ETF experience and positive
outcomes for clients
About BlackRockBlackRock’s
purpose is to help more and more people experience financial
well-being. As a fiduciary to investors and a leading provider of
financial technology, we help millions of people build savings that
serve them throughout their lives by making investing easier and
more affordable. For additional information on BlackRock, please
visit www.blackrock.com/corporate | Twitter: @BlackRockCA
About iShares ETFs
iShares unlocks opportunity across markets to
meet the evolving needs of investors. With more than twenty years
of experience, a global line-up of 1300+ ETFs and US$3.07 trillion
in assets under management as of March 31, 2023, iShares continues
to drive progress for the financial industry. iShares funds are
powered by the expert portfolio and risk management of
BlackRock.
Further information on the iShares ETFs can be found at
http://www.blackrock.com/ca.
About RBC
Royal Bank of Canada is a global financial
institution with a purpose-driven, principles-led approach to
delivering leading performance. Our success comes from the 97,000+
employees who leverage their imaginations and insights to bring our
vision, values and strategy to life so we can help our clients
thrive and communities prosper. As Canada’s biggest bank and one of
the largest in the world, based on market capitalization, we have a
diversified business model with a focus on innovation and providing
exceptional experiences to our 17 million clients in Canada, the
U.S. and 27 other countries. Learn more at rbc.com. We are proud to
support a broad range of community initiatives through donations,
community investments and employee volunteer activities. See how at
rbc.com/community-social-impact.
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 & 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 specialty
investment strategies. The RBC GAM group of companies manage
approximately $525 billion in assets and have approximately 1,500
employees located across Canada, the United States, Europe and
Asia.
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. Commissions,
trailing commissions, management fees and expenses all may be
associated with investing in exchange-traded funds (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 should be
made, as appropriate, only with guidance from a qualified
professional.
® / TM Trademark(s) of Royal Bank of Canada.
Used under licence. iSHARES and BLACKROCK are registered trademarks
of BlackRock, Inc., or its subsidiaries in the United States and
elsewhere. Used with permission. © 2023 BlackRock Asset Management
Canada Limited. All rights reserved.
Contact for Media:Reem
JazarEmail: reem.jazar@blackrock.com
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