TORONTO, Aug. 20, 2018 /CNW/ - RBC Global Asset Management
Inc. (RBC GAM Inc.) today announced the launch of RBC Fixed Income
Pools, an efficient and cost-effective way to invest in fixed
income markets around the world.
RBC Fixed Income Pools are actively managed and leverage the
award-winning† investment capabilities and expertise
from the fixed income teams at RBC Global Asset Management,
Phillips, Hager & North Investment Management and BlueBay Asset
Management.
"RBC Global Asset Management has earned a reputation as a leader
in fixed income investment solutions," said Doug Coulter, President of RBC GAM Inc. "With
the new RBC Fixed Income Pools, Canadian Investors will be able to
draw on the deep experience and knowledge from our teams of
specialists across RBC Global Asset Management with three low risk
solution options that provide strong diversification and attractive
yields."
To accommodate the risk and reward preferences of individual
investors, there are three Pools available. The Pools are offered
in Series F and have a management fee of 0.40%. They are available
to investors through full-service investment dealers.
RBC Conservative Bond Pool has an emphasis on
shorter-term investment grade Canadian bonds and modest amounts of
diversified global investment grade, high yield, emerging market
debt and emerging market currencies.
RBC Core Bond Pool has a focus on core global investment
grade bonds and higher-yielding assets.
RBC Core Plus Bond Pool has increased exposure to core
global bonds, high yield corporate bonds, convertibles and emerging
market currencies, corporate and sovereign debt.
The construction of each RBC Fixed Income Pool starts with
investments in Canadian investment grade bonds. Allocations to
global government, corporate, high yield and emerging market bonds
are then added to enhance yield and diversify risk. For added
diversification, each Pool includes an allocation to emerging
market currencies – a unique zero-duration, high yield asset class
– and developed-market currencies such as the U.S. dollar. Each
investment in the Pool is managed, monitored and tactically
adjusted to adapt to current and expected market conditions.
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, PH&N Funds and BlueBay Funds are offered by RBC Global
Asset Management Inc. and distributed through authorized
dealers.
†Best Bond ETFs Group (2015, 2017), Best Overall
Funds Group (PH&N Funds: 2010-2013, 2016; RBC Funds: 2008,
2014), and Best Bond Funds Group (RBC GAM: 2015; PH&N Funds:
2008, 2010-2013, 2016; RBC Funds: 2009). Lipper Awards were based
on best risk-adjusted performance for the periods ended
July 31, 2017, 2016, 2015 and 2014;
October 31, 2012, 2011 and 2010;
November 30, 2009; and December 31, 2008 and 2007. From Thomson Reuters
Lipper Awards, © 2017 Thomson Reuters. All rights reserved. Used by
permission and protected by the Copyright Laws of the United
States. The printing, copying, redistribution, or retransmission of
this Content without express written permission is prohibited.
About RBC Global Asset Management
RBC Global Asset
Management (RBC GAM) is the asset management division of Royal Bank
of Canada (RBC) and includes
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 more
than $330 billion USD in assets and
have approximately 1,400 employees located across Canada, the United
States, Europe and
Asia.
SOURCE RBC Global Asset Management