Toronto-based RBC Global Asset Management Inc. (RBCGAM) is making changes to the risk ratings of several of its ETFs, the firm announced on Monday.
These changes will be reflected in the prospectus updates filed for these ETFs on or about April 25.
“These changes are the result of an annual review and are not a result of any changes to the investment objectives, strategies or management of the funds,” RBCGAM says in a news release.
The risk rating for RBC Quant Global Real Estate Leaders ETF will increase to “Medium to high” from “Medium.”
The risk ratings for four funds will decrease.
The ratings for RBC Canadian Preferred Share ETF
Medium and RBC Quant Global Infrastructure Leaders ETF will drop to “Low to medium” from “Medium.”
The ratings for RBC Quant Emerging Markets Dividend Leaders ETF and RBC Quant Emerging Markets Equity Leaders ETF will drop to “Medium to high” from “Medium.”