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RBC launches women-focused exchange traded fund tracking Canadian companies

RBC’s Global Asset Management group, which manages more than $400 billion in assets, has developed an ETF comprised of Canadian companies that have boards with at least 30% female representation and/or strong female director and executive-level representation.

The RBC Vision Women’s Leadership MSCI Canada Index ETF will trade on the Toronto-based NEO Exchange. Top holdings include financial and energy companies, The Globe and Mail reports.

Several other gender-focused ETFs are available in Canada. RBC’s is the first to invest exclusively in Canadian companies.

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