RBC GAM Inc. also launches new fixed income
solutions leveraging global investment capabilities
TORONTO, Jan. 25, 2021
/CNW/ - RBC Global Asset Management Inc. ("RBC GAM Inc.") today
announced the expansion of the RBC Fixed Income Pools with the
introduction of RBC $U.S. Core Bond Pool and RBC $U.S. Core Plus
Bond Pool (together, "the Funds").
RBC Fixed Income Pools are designed to provide Canadian
investors with an efficient and cost-effective way to access fixed
income markets around the world. The suite leverages the global
fixed income investment capabilities of RBC Global Asset
Management, Phillips, Hager and North Investment Management and
BlueBay Asset Management.
"Since launching in 2018, RBC Fixed Income Pools have been
amongst our top selling solutions, attracting over $7 billion in assets," said Doug Coulter, President, RBC GAM Inc. "The depth
of investment expertise and global diversification offered by this
suite clearly resonates with Canadian investors and advisors, and
we are proud to expand the suite to offer even more choice."
The suite of RBC Fixed Income Pools is now being broadened to
accommodate investors who prefer to invest in U.S. dollars. The
Funds are actively managed and tactically adjusted to adapt to
current and anticipated market conditions.
The Funds are constructed to align to specific risk and return
profiles, and invest in core global bonds, high yield corporate
bonds, emerging market currencies, and corporate and sovereign
debt. Further details are included below:
Fund
Name
|
Available Series
and Management Fees
|
RBC $U.S. Core Bond
Pool
|
Series A –
0.90% Series F –
0.40%
|
RBC $U.S. Core Plus
Bond Pool
|
Series A –
0.90% Series F –
0.40%
|
Launch of new fixed income solutions
On January 22, 2021, RBC GAM Inc. also launched two
new fixed income solutions designed to provide Canadian investors
with expanded sources of alpha in response to the current low yield
environment. The following funds are now available to Canadian
investors and advisors:
Fund
Name
|
Investment
Objective
|
Available Series
and
Management Fees
|
BlueBay $U.S. Global
High Yield Bond Fund (Canada)
|
To provide total
returns comprising interest income and modest capital appreciation
by investing in high yield debt securities globally, sub-advised by
BlueBay Asset Management LLP.
|
Series A –
1.50% Series D –
0.90% Series F –
0.75%
|
BlueBay Global High
Yield Bond Fund (Canada)
|
To provide total
returns comprising interest income and modest capital appreciation
by investing primarily in units of BlueBay $U.S. Global High Yield
Bond Fund (Canada), while minimizing the effect of currency
fluctuations relative to the Canadian dollar.
|
Series A –
1.50% Series D –
0.90% Series F –
0.75%
|
Please consult your advisor and read the prospectus or Fund
Facts document before investing. There may be commissions, trailing
commissions, management fees and expenses associated with mutual
fund investments. Mutual funds are not guaranteed, their values
change frequently and past performance may not be repeated. RBC
Funds, BlueBay Funds and PH&N Funds are offered by RBC GAM Inc.
and distributed through authorized dealers in Canada. RBC GAM Inc. is a member of the RBC
GAM group of companies and an indirect wholly-owned subsidiary of
Royal Bank of Canada.
About RBC
Royal Bank of Canada is a global financial institution with
a purpose-driven, principles-led approach to delivering leading
performance. Our success comes from the 86,000+ employees who
leverage their imaginations and insights to bring our vision,
values and strategy to life so we can help our clients thrive and
communities prosper. As Canada's
biggest bank, and one of the largest in the world based on market
capitalization, we have a diversified business model with a focus
on innovation and providing exceptional experiences to our 17
million clients in Canada, the
U.S. and 34 other countries. Learn more at rbc.com.
We are proud to support a broad range of community initiatives
through donations, community investments and employee volunteer
activities. See how at rbc.com/community-social-impact.
About RBC Global Asset Management
RBC Global Asset
Management (RBC GAM) is the asset management division of Royal
Bank of Canada (RBC) and includes
money managers BlueBay Asset Management and Phillips, Hager &
North Investment Management. RBC GAM is a provider of global
investment management services and solutions to institutional,
high-net-worth and individual investors through separate accounts,
pooled funds, mutual funds, hedge funds, exchange-traded funds and
specialty investment strategies. The RBC GAM group of companies
manage approximately $540 billion in
assets and have approximately 1,400 employees located across
Canada, the United States, Europe and Asia.
SOURCE RBC Global Asset Management Inc.