Change lowers costs, increases transparency for investors
Notes offer exposure to global markets with principal protection
Global and All-Canadian equity funds offer new options
Offering marks the 20th anniversary of RBC Select Portfolios
Management fee drops to 1.85% on 9 funds
RBC Asset Management today notified the Canadian Securities Administrators of its full implementation of National Instrument 81-107, Independent Review Committee for Investment Funds.A nine-member board of governors, led by Lloyd McGinnis, chairman and Michael Thorley, vice chairan, has been established as the independent review committee of the RBC Funds and RBC Private Pools.RBC Asset Management […]
Royal Bank of Canada announced today that it has entered into a joint venture agreement with China Minsheng Banking Corp., Ltd. (China Minsheng Bank) to launch a new Chinese joint venture fund management company, pending regulatory and other approvals. The joint venture company, with headquarters in Shanghai, will create, manage and sell mutual funds in […]
RBC DS North American Focus Fund; RBC DS Canadian Focus Fund
RBC Asset Management Inc. today announced its decision to close the RBC O’Shaughnessy Canadian Equity Fund to new purchases effective Jan. 19, 2007. This change will not affect existing investments in the fund.RBC says the fund has been extremely successful and has grown rapidly in size, approaching $2 billion in assets. Closing the fund to […]
Guarantee is part of RBC Financial Group’s ongoing efforts to raise public awareness about online security issues