RBC Dexia Investor Services is launching new quarterly pooled fund survey, presenting comparative return information for individual pooled funds available within Canada.

Plan sponsors as well as asset managers can use the survey to evaluate the performance of individual pooled funds according to their mandates, peers and benchmarks, RBC Dexia says.

The majority of leading pooled fund managers are contributors to this independent survey, with some 70 firms, covering over 600 funds, segmented into 15 unique mandates.

The survey, which is free of charge, displays individual pooled fund returns in accordance with a particular mandate and relative to peer group and benchmark returns. The inaugural survey is available now on rbcdexia.com, with subsequent editions to be released on a quarterly basis around the 20th business day after the end of the calendar quarter.

“Transparency is the key to effective performance evaluation and we believe the pooled funds survey will be a valuable resource for asset managers and investors across the Canadian market,” says Fay Coroneos, global head of risk and investment analytics at RBC Dexia. “This survey was developed in response to an increasing market demand for unbiased industry information and marks our commitment to providing independent insight into the investment management industry.”

Participation in the survey is open to any asset manager offering Canadian based institutional pooled funds, including alternatives (130/30) and real-estate products. RBC Dexia will assess participant funds on an individual basis to determine a respective mandate and historical data compliance.

IE