RBC Monthly Income High Yield Bond Fund will change to RBC Strategic Income Bond Fund
Toronto-based RBC Global Asset Management Inc. on Thursday announced that effective Jan, 25, 2016, the name of RBC Monthly Income High Yield Bond Fund will change to RBC Strategic Income Bond Fund.
The investment objectives and strategies of the fund have not changed.
“The new name more clearly identifies the fund’s investment process and the types of investments the fund holds,” the company says in a statement.
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