Toronto-based RBC Global Asset Management Inc. (RBC GAM) Monday announced the launch of the RBC QUBE Low Volatility Global Equity Fund.
The new fund, in addition to RBC QUBE Low Volatility Canadian Equity Fund and RBC QUBE Low Volatility U.S. Equity Fund, is suitable for investors who are seeking a defensive core equity investment with the potential to earn equity-like returns, but with less volatility than a traditional equity portfolio.
The low-volatility strategies use a custom risk model that is designed to measure and forecast risk, monitored daily and adjusted to deal with changes to risk and return profiles.
“Like our other low-volatility solutions, this fund seeks to provide investors with 30% less volatility than a standard equity portfolio, as well as downside protection and strong risk-adjusted return potential,” said Bill Tilford, head of Quantitative Investments at RBC Global Asset Management.
RBC QUBE Low Volatility Global Equity Fund is available to individual investors through four low-fee options: Series A; Advisor Series; Series F (available via financial advisors); and Series D (available via direct-to-client platforms, PH&N Investment Services and RBC Direct Investing).
The management fee for the fund is outlined in the table below:
Series |
A |
Advisor |
F |
D |
Management fee (%) |
1.85 |
1.85 |
0.85 |
1.10 |
This fund is now available for purchase by individual and institutional investors in Canada.