Valerie Grimba

Director of Global ETF Strategy, RBC Capital Markets, Royal Bank of Canada

Search every verified Valerie Grimba interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Valerie Grimba, director of global ETF strategy at RBC Capital Markets, appeared on BNN Bloomberg in November 2026 to discuss recent ETF fund flows, calling October "another incredible month" and noting record-high inflows of over $200 billion into US ETFs, the highest monthly total of 2026, plus over $20 billion in Canada. She described investor rotation into defensive, income-oriented segments like dividend ETFs, alongside a theme she dubbed "chips and dips," where investors bought semiconductor funds after a more than 20% pullback. Grimba also highlighted healthcare as an attractive sector, citing an RBC US equity strategist's upgrade to overweight due to valuations, earnings momentum, and its inverse correlation with tech. In an October 2026 appearance on CNBC's ETF Edge, Grimba discussed investor behavior during market volatility, saying ETF investors have shown a "healthy bias towards reinvesting in the themes that they believe have value," and that 2026 is set to be another record-setting year for fund flows. She attributed the growth of the ETF market to the 2022 downturn, when both bonds and equities fell, prompting advisers and retail investors to seek alternative income sources. Grimba also commented on the rise of sophisticated ETF products, including auto-callable structures and liquid alternatives, while emphasizing the need for investor education and noting that institutional use of ETFs as liquidity vehicles has grown.