RBC Global Asset Management Inc. (RBC GAM) Monday announced the launch of four new RBC equity funds.

RBC Global Equity Fund, RBC U.S. Equity Value Fund, RBC Japanese Equity Fund and RBC Asia Pacific Ex-Japan Equity Fund are now available for purchase by individual and institutional investors in Canada.

RBC Global Equity Fund invests primarily in equity securities of large global companies. This fund is suitable for investors who are planning to hold their investment for the long term and are looking for economic and geographic diversification across the globe. This fund will be managed by RBC GAM’s London-based 10-person global equity team.

RBC U.S. Equity Value Fund invests primarily in high-quality companies trading at prices that appear to offer attractive value relative to the overall market. This fund is appropriate for investors who are seeking value-based strategies with exposure to quality U.S. companies and the objective of achieving long-term growth. This fund will be managed by RBC GAM portfolio managers, Stu Kedwell and Doug Raymond.

RBC Japanese Equity Fund invests in equity securities of companies located or having a principal business interest in Japan. This fund is suitable for long-term investors who are seeking targeted exposure to quality international businesses outside of North America, with economic and currency diversification.

RBC Asia Pacific Ex-Japan Equity Fund aims to provide long-term capital growth by investing in equity securities of companies located or having a principal business interest in the Asia Pacific region excluding Japan. This fund is suitable for investors who are looking for economic, geographic and currency diversification outside of North America.

RBC Japanese Equity Fund and RBC Asia Pacific Ex-Japan Equity Fund will be managed by the Hong Kong-based Asian equity team led by Mayur Nallamalla, senior portfolio manager and head of Asian equities.

The management fees for the funds are outlined in the table below:

Fund Name

Management Fee (%)

Series A

Advisor

Series D

Series F

Series H

Series I

RBC Global Equity Fund

1.85

1.85

1.10

0.85

1.70

0.70

RBC U.S. Equity Value Fund

1.75

1.75

1.00

0.75

1.60

0.60

RBC Japanese Equity Fund

1.85

1.85

1.10

0.85

1.70

0.70

RBC Asia Pacific Ex-Japan Equity Fund

1.85

1.85

1.10

0.85

1.70

0.70