Toronto-based RBC Global Asset Management Inc. (RBC GAM) Monday announced the launch of RBC Global Equity Focus Fund, RBC International Equity Currency Neutral Fund and Series T5 units of BlueBay Global Convertible Bond Fund.
The funds are available to individual and institutional investors across Canada.
“Many investors are seeking ways to tap into global investment opportunities and we are pleased to offer Canadians new options to fill that need,” says Doug Coulter, president of RBC Global Asset Management. “These solutions are managed by experienced teams of global investment professionals and offer investors and advisors the opportunity for greater global diversification.”
RBC Global Equity Focus Fund invests primarily in 30-70 high-quality companies from around the world. Stock selection is based on an understanding of the company, its business and outlook. The fund is managed by a highly experienced team of portfolio managers on the ground in the UK, led by portfolio manager Habib Subjally.
The fund invests in 30–70 high-quality, industry-leading companies from around the world. Investors should have a long-term investment horizon and should be able to tolerate a medium level of risk.
RBC International Equity Currency Neutral Fund is a currency-hedged option of RBC International Equity Fund, managed by Mayur Nallamala and Dominic Wallington. The fund is suitable for investors who are looking to diversify their equity portfolio outside of North America. Currency movements have a minimal effect on the fund’s returns due to a passive currency hedging strategy.
BlueBay Global Convertible Bond Fund – Series T5 combines the security of bonds with the upside potential of equities. The fund is managed by Mike Reed of London-based BlueBay Asset Management. It offers Canadians the potential for enhanced diversification and risk management in their portfolios through access to the global convertible bond markets.
Series T5 units, also available in corporate class, are structured to provide an annual payout in the form of tax-efficient monthly payments. These units are suited for investors and retirees who are looking to establish steady cash flow, while minimizing the tax impact of interest income.