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Investors Flock to New Canadian Women Leadership Fund (RLDR)

Investors are piling into a new fund focused on female leadership, making it the second-best performing Canadian ETF in terms of inflows over the past week.


The RBC Vision Women’s Leadership MSCI Canada Index ETF (ticker RLDR) has attracted inflows of $77.4 million since it launched on International Women’s Day, trailing only the giant iShares S&P/TSX 60 Index ETF, which has taken in $196.2 million as of data available Friday.

The Ontario Municipal Employees Retirement System, one of Canada’s largest pension funds, has invested C$100 million in the ETF which focuses on Canadian companies that show a commitment to putting women on their boards and in executive leadership positions.

www.bloomberg.com
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19 March 2018


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