Toronto-based RBC Global Asset Management Inc. (RBC GAM) re-opened PH&N High Yield Bond Fund new investors on Monday.

The fund seeks to provide a high level of income and the opportunity for capital appreciation by investing primarily in a well-diversified portfolio of fixed income securities issued by Canadian and/or foreign corporations and governments.

The fund was capped to new investors on Nov, 26, 2014.

It currently has a limited amount of additional capacity, allowing for purchases by new investors.

RBC GAM reserves the right to cap the fund or otherwise restrict investment at a later date.