RBC Investor Services has been selected as the ETF service provider for NEI Investments (NEI) as it launches its new exchange-traded series on the Toronto Stock Exchange. NEI, part of the asset management division of Aviso, appointed RBCIS to deliver end-to-end ETF administration and a securities lending program for these four new funds. Beyond creation and redemption, RBCIS provides PCF administration, ETF order management and fund accounting, including NAV calculations and tax returns.
