{"id":315709,"date":"2017-08-24T23:40:00","date_gmt":"2017-08-25T04:40:00","guid":{"rendered":"https:\/\/www.investmentexecutive.com\/uncategorized\/rbcgam-reopens-fund\/"},"modified":"2019-10-31T21:51:01","modified_gmt":"2019-11-01T01:51:01","slug":"rbcgam-reopens-fund","status":"publish","type":"post","link":"https:\/\/www.investmentexecutive.com\/newspaper_\/focus-on-products\/rbcgam-reopens-fund\/","title":{"rendered":"RBCGAM reopens fund"},"content":{"rendered":"
Toronto-based RBC Global Asset Management Inc. (RBCGAM) has reopened Phillips Hager & North Short Term Bond & Mortgage Fund to new investors. The fund was closed to new investors in July 2016 as a means to manage money inflows. However, the fund’s portfolio managers have determined that there now is enough capacity in the short-term bond market to allow for new investors in the fund. RBCGAM reserves the right to cap or restrict investment in the fund at a later date. This short-term bond fund invests primarily in a diversified portfolio of short-term, fixed-income securities that are issued by Canadian governments and corporations, as well as first mortgages on properties located in Canada. Trailing commissions for the fund are 0.5%. Management fees are 0.9% for A-class units and 0.4% for F-class units. Minimum investment is $500.<\/p>\n
(fcollie@investmentexecutive.com).<\/em><\/p>\n \u00a9 2017 Investment Executive. All rights reserved.<\/p>\n","protected":false},"excerpt":{"rendered":" Toronto-based RBC Global Asset Management Inc. (RBCGAM) has reopened Phillips Hager & North Short Term Bond & Mortgage Fund to new investors. The fund was closed to new investors in July 2016 as a means to manage money inflows. However, the fund’s portfolio managers have determined that there now is enough capacity in the short-term […]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3013,3017],"tags":[2553],"yst_prominent_words":[],"acf":[],"_links":{"self":[{"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/posts\/315709"}],"collection":[{"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/comments?post=315709"}],"version-history":[{"count":1,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/posts\/315709\/revisions"}],"predecessor-version":[{"id":367997,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/posts\/315709\/revisions\/367997"}],"wp:attachment":[{"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/media?parent=315709"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/categories?post=315709"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/tags?post=315709"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/yst_prominent_words?post=315709"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}