New low-volatility fund from RBCGAM

Toronto-based RBC Global Asset Management Inc. has introduced a new mutual fund to its family of low-volatility funds: RBC QUBE Low Volatility Global Equity Fund. This fund seeks to provide investors with 30% less volatility than a standard equities-based portfolio, as well as downside protection and strong, risk-adjusted return potential. The new fund is suitable – as is RBC QUBE Low Volatility Canadian Equity Fund and RBC QUBE Low Volatility U.S. Equity Fund – for investors who are seeking a defensive, core equities-type investment with the potential to earn equities-like returns but with less volatility than is found in a traditional equities portfolio. Advisor commissions for the new fund are 0%-5% for front-end sales, 5% for deferred sales or 1% for the low-load option. Redemption fees begin at 6% in Year 1, and end at zero after Year 6 for the regular DSC schedule; or begin at 2% in Year 1, and end at zero after Year 3 for the low-load option. Trailing commissions are 1% for front-end and low-load sales, and 0.5% for deferred sales. Management fees are 1.85% for A-class units and 0.85% for F-class units. Minimum investment in all funds in the low-volatility family is $500.

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