RBC Global Asset Management Inc. said Thursday that PH&N High Yield Bond Fund will be closed to new investors as of Nov. 26.

The fund was re-opened to new investors on Oct. 14, as recent opportunities provided the portfolio manager with a limited amount of additional capacity for the fund.

Existing unitholders of the fund will continue to be able to make investments into the fund after it is capped.

Purchase orders submitted on or before 16:00 ET on Wednesday, November 26, will be processed.