Unitholders have approved changes to the RBC Canadian Diversified Income Trust Fund and the RBC DS North American Focus Fund, RBC Asset Management Inc. said Friday.
Unitholders approved an amendment to RBC Canadian Diversified Income Trust Fund’s investment objective, permitting the fund to increase its ability to invest in common and preferred shares of Canadian companies that pay dividends. The fund will be renamed the RBC Canadian Equity Income Fund.
Unitholders also approved an amendment to the RBC DS North American Focus Fund’s investment objective, permitting the fund to invest primarily in equity securities of U.S. companies. The fund will be renamed the RBC DS U.S. Focus Fund.
The changes will be effective July 1.
IE
Unitholders approve changes to two RBC funds
Funds renamed to reflect changes to investment objectives
- By: IE Staff
- June 28, 2009 June 28, 2009
- 14:43