RBC iShares Expands Access to BlackRock's Award-Winning Investment Platform with Active ETFs

Core Insights - RBC iShares has launched two active bond ETFs, expanding access to BlackRock's investment platform, aimed at providing clients with liquid, transparent, and cost-effective fixed income investment options [1][4]. Group 1: Product Details - The iShares Flexible Monthly Income ETF (XFLI, XFLI.U) invests in the BlackRock Flexible Income ETF (BINC), managed by Rick Rieder, and will also offer a CAD-hedged version (XFLX) [2][3]. - The iShares Funds focus on delivering monthly income by investing in global fixed income sectors, including high yield, emerging markets debt, and securitized assets [2][4]. - The management fee for both ETFs is set at 0.55% [8]. Group 2: Market Context - BlackRock's fixed income platform, valued at US$2.8 trillion, provides significant market access and resources for the iShares Funds [4][15]. - The current investment environment is described as a "golden age for fixed income," allowing investors to achieve high yields with manageable risk [5]. Group 3: Company Background - BlackRock aims to enhance financial well-being for investors by making investing easier and more affordable [7]. - RBC iShares is committed to helping clients build efficient portfolios and achieve their investment objectives [6].