RBC Global Portfolios provide Canadian
investors access to global equity and global fixed income markets
through RBC GAM's 22 global investment teams
TORONTO, July 15, 2019 /CNW/ - RBC Global Asset Management
Inc. ("RBC GAM Inc.") today announced the launch of RBC Global
Portfolios, an efficient and cost-effective way for investors to
diversify beyond their Canadian holdings in a single portfolio that
is aligned to their risk and return profile.
On average, Canadians have approximately 90%1 of
their wealth tied to Canada. To
address this home country bias, RBC GAM Inc. is introducing RBC
Global Portfolios, which are actively managed, tactically
rebalanced and leverage the deep investment expertise of RBC Global
Asset Management's ("RBC GAM") global investment teams. RBC Global
Portfolios are comprised of mutual funds managed by RBC GAM Inc.
(including Phillips, Hager & North Investment Management),
BlueBay Asset Management LLP, and RBC iShares ETFs.
RBC Global Portfolios build on RBC GAM's extensive experience in
managing portfolio solutions. Using a robust suite of funds that
are managed by local teams in global markets, they offer investors
a simple solution for their global investing needs.
"RBC Global Asset Management has strategically expanded our
global equity and global fixed income capabilities by attracting
top talent," said Doug Coulter,
President of RBC GAM Inc. "RBC Global Portfolios bring together the
unique strength and expertise of our 22 investment teams located
around the world, and RBC iShares ETFs, to provide clients the
global solutions they are looking for."
To accommodate the risk and return profiles of investors, five
options are available, ranging from very conservative to
all-equity. The full RBC Global Portfolios suite includes:
Asset
Class
|
RBC Global
Very
Conservative
Portfolio
|
RBC Global
Conservative
Portfolio
|
RBC Global
Balanced
Portfolio
|
RBC Global
Growth
Portfolio
|
RBC Global
All-Equity
Portfolio
|
Cash
|
1.0%
|
1.0%
|
1.0%
|
1.0%
|
2.0%
|
Global
Bonds
|
74.0%
|
59.0%
|
39.0%
|
24.0%
|
0.0%
|
Canadian
Equity
|
0.4%
|
0.6%
|
0.9%
|
1.1%
|
1.4%
|
US Equity
|
12.2%
|
19.7%
|
29.5%
|
36.9%
|
48.3%
|
International
Equity
|
9.4%
|
15.0%
|
22.5%
|
28.1%
|
36.7%
|
Emerging Markets
Equity
|
3.0%
|
4.7%
|
7.1%
|
8.9%
|
11.6%
|
Management Fee
(Series A)
|
1.45%
|
1.45%
|
1.70%
|
1.70%
|
1.70%
|
Management Fee
(Series F)
|
0.70%
|
0.70%
|
0.70%
|
0.70%
|
0.70%
|
The Funds are also offered in Series O.
"Canadians are becoming increasingly aware of how concentrated
their investments are in Canada,"
said Coulter. "They have been asking for more global investment
options to diversify their holdings, and RBC Global Portfolios is
our answer, building on RBC GAM's thirty plus years of managing
portfolio solutions."
More information about RBC Global Portfolios can be found at
https://www.rbcgam.com/global.
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. RBC iShares
ETFs are comprised of RBC ETFs managed by RBC Global Asset
Management Inc. and iShares ETFs managed by BlackRock Asset
Management Canada Limited.
About RBC Global Asset Management
RBC Global Asset
Management (RBC GAM) is the asset management division of Royal
Bank of Canada (RBC) and includes
institutional 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 $430 billion in assets and have approximately
1,400 employees located across Canada, the United
States, Europe and
Asia.
1 Source: Investor Economics
Household Balance Sheet Report 2018, data as of December 31, 2017,
https://www.investoreconomics.com/ourservices
|
SOURCE RBC Global Asset Management Inc.