Toronto-based RBC Global Asset Management Inc. (RBCGAM) has introduced three fixed-income pools. RBC Conservative Bond Pool focuses on shorter-term, investment-grade Canadian bonds and some global emerging-market debt and emerging-market currencies. RBC Core Bond Pool invests in core global investment-grade bonds and higher-yielding assets. RBC Core Plus Bond Pool has a higher level of exposure to core global bonds, high-yield corporate bonds, convertibles, emerging-market currencies, and corporate and sovereign debt. Each of these pools invests primarily in other RBCGAM mutual funds or those of an affiliate. Management fees are 0.4% for F-class units. The minimum investment is $500.
(fcollie@investmentexecutive.com)