New currency funds from RBC

Three new funds offered by Toronto-based RBC Global Asset Management Inc. seek to offer unitholders long-term capital growth while minimizing exposure to currency fluctuations through the use of derivatives. RBC U.S. Dividend Currency Neutral Fund invests primarily in common and preferred shares of U.S.-based companies with higher than average dividend yields. RBC QUBE Low Volatility U.S. Equity Currency Neutral Fund uses a quantitative investment approach to invest in U.S. equities. Finally, RBC Global Dividend Growth Currency Neutral Fund invests mainly in a mix of global equities with the potential to grow dividends over time. For full fund details, visit www.rbcgam.com.

(fcollie@investmentexecutive.com)