The ETFs have begun trading on the Toronto Stock Exchange.

RBC Global Asset Management has launched five new exchange-traded funds. The offering of the new RBC ETFs has closed and all are live on the Toronto Stock Exchange.

Four of these new ETFs will be run by the fixed income teams at RBC GAM, which includes Phillips, Hager & North Investment Management and BlueBay Asset Management, the firm said in a statement.

The fixed income ETFs that have launched are:
- RBC PH&N Short Term Canadian Bond ETF, which  invests primarily in a diversified portfolio of short duration Canadian government and corporate bonds, as well as Canadian bonds issued by foreign corporations. 
- RBC 6-10 Year Laddered Canadian Corporate Bond Ladder ETF, which consists of a rules-based actively managed portfolio of Canadian bonds with a term to maturity ranging from six to 10 years. 
- RBC Short-Term US Corporate Bond ETF, which invests primarily in short duration US corporate bonds.
- RBC BlueBay Global Diversified Income (CAD Hedged) ETF, which consists of a diversified global bond portfolio designed to maximize yield for a particular level of credit risk by targeting bonds with the most attractive yield/quality characteristics.

In addition, RBC GAM has launched the RBC Canadian Bank Yield Index ETF, which tracks the performance of a portfolio of the largest six Canadian bank stocks. 

“RBC Global Asset Management has been consistently recognized as a leader in fixed income investment solutions,” said Doug Coulter, president of RBC GAM. “We are excited to leverage the capabilities from our diverse, global fixed income teams, applying their expertise within our growing family of ETFs.”

In September, this publication reported that RBC GAM had launched seven new exchange-traded funds (ETFs) on the Aequitas NEO Exchange, which is a new Canadian stock exchange launched in March 2015.