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RBC iShares Expands iShares Core Offering with Launch of New ETF
Globenewswireยท2025-06-26 10:00

Core Viewpoint - RBC iShares has launched the iShares Core S&P Total U.S. Stock Market Index ETF (CAD-Hedged), providing Canadian investors with broad exposure to the U.S. equity market, including various capitalization segments [1][2]. Fund Details - The iShares Fund will cover large-, mid-, small-, and micro-capitalized companies, and is designed to complement the previously launched XTOT ETF [2]. - The fund is managed by BlackRock Asset Management Canada Limited, a subsidiary of BlackRock, Inc. [3]. - The iShares Fund is expected to begin trading on the Toronto Stock Exchange today under the ticker XTOH, with an annual management fee of 0.07% [4][3]. Company Background - RBC iShares aims to assist clients in achieving investment objectives by enabling efficient portfolio building and financial control [4]. - BlackRock manages over 1,500 ETFs with approximately $4.3 trillion in assets under management as of March 31, 2025, showcasing its extensive experience in the ETF market [7]. - Royal Bank of Canada is a leading global financial institution with a diversified business model and a focus on innovation, serving over 19 million clients [8].