RBC Asset Management Inc. announced today that it is reducing the management fee on the RBC DS North American Focus Fund and the RBC DS Canadian Focus Fund, effective November 1.

For RBC DS North American Focus Fund, the management fee for the Advisor series drops to 1.85% from 2.00%. The management fee for the F series drops to 0.75% from 0.85%.

For RBC DS Canadian Focus Fund, the management fee for the Advisor series falls to 1.85% from 2.00%. The management fee for the F series falls to 0.75% to 0.85%.

The funds are available exclusively through RBC Dominion Securities Inc.