RBC adds equity funds

Toronto-based RBC Global Asset Management Inc. has introduced two new funds to its product lineup: RBC Global Equity Focus Fund and RBC International Equity Currency Neutral Fund. RBC Global Equity Focus Fund is appropriate for investors seeking a combination of wealth generation and wealth preservation. RBC International Equity Currency Neutral Fund is a currency-hedged option of RBC International Equity Fund and is suitable for investors who are looking to diversify their equities portfolio outside North America. Advisor commissions are 0%-5% for front-end sales and 1% for the low-load option. There are no deferred sales. Redemption schedules begin at 2% in Year 1 and end at zero after Year 2 for the low-load schedule. Trailing commissions are 1% for front-end and low-load sales. Management fees are 1.85% for A-class units and 0.85% for F-class units of RBC Global Equity Focus Fund; and 1.85% for A-class units and 0.75% for F-class units of RBC International Equity Currency Neutral Fund. Minimum investment is $500.

(cohara@investmentexecutive.com).