Lower management fees for three BlueBay Funds and RBC Target 2020 Education Fund
Toronto-based RBC Global Asset Management Inc. (RBC GAM Inc.) has announced the reduction of management fees for three BlueBay Funds and the reduction of management fees and specified percentages, where applicable, for RBC Target 2020 Education Fund.
The management fees and specified percentages will be reduced effective Jan. 1, 2018, RBC GAM says in its announcement.
Details on the affected funds are available in the company’s news release.
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