Toronto-based RBC Global Asset Management Inc. has reduced the management fee for the following four mutual funds: BlueBay Global Monthly Income Bond Fund; BlueBay European High Yield Bond Fund (Canada); BlueBay Emerging Markets Corporate Bond Fund; and RBC Target 2020 Education Fund. Management fees for the BlueBay funds now are 1.5% for A-class units, down from 1.65%; and 0.75% for F-class units, down from 0.9%. Management fees for the education fund now are 1% for A-class units (down from 1.55%) and 0.65% for F-class units (down from 0.7%).

(fcollie@investmentexecutive.com).