RBC Global Asset Management Inc. (RBC GAM Inc.) today announced the launch of RBC Fixed Income Pools, an efficient and cost-effective way to invest in fixed income markets around the world.
RBC Fixed Income Pools are actively managed and leverage the award-winning†investment capabilities and expertise from the fixed income teams at RBC Global Asset Management, Phillips, Hager & North Investment Management and BlueBay Asset Management.
“RBC Global Asset Management has earned a reputation as a leader in fixed income investment solutions,” said Doug Coulter, President of RBC GAM Inc. “With the new RBC Fixed Income Pools, Canadian Investors will be able to draw on the deep experience and knowledge from our teams of specialists across RBC Global Asset Management with three low risk solution options that provide strong diversification and attractive yields.”
To accommodate the risk and reward preferences of individual investors, there are three Pools available. The Pools are offered in Series F and have a management fee of 0.40%. They are available to investors through full-service investment dealers.
RBC Conservative Bond Pool has an emphasis on shorter-term investment grade Canadian bonds and modest amounts of diversified global investment grade, high yield, emerging market debt and emerging market currencies.
RBC Core Bond Pool has a focus on core global investment grade bonds and higher-yielding assets.
RBC Core Plus Bond Pool has increased exposure to core global bonds, high yield corporate bonds, convertibles and emerging market currencies, corporate and sovereign debt.
The construction of each RBC Fixed Income Pool starts with investments in Canadian investment grade bonds. Allocations to global government, corporate, high yield and emerging market bonds are then added to enhance yield and diversify risk. For added diversification, each Pool includes an allocation to emerging market currencies – a unique zero-duration, high yield asset class – and developed-market currencies such as the U.S. dollar. Each investment in the Pool is managed, monitored and tactically adjusted to adapt to current and expected market conditions.
Please consult your advisor and read the prospectus or Fund Facts document before investing. There may be commissions, trailing commissions, management fees and expenses associated with mutual fund investments. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. RBC Funds, PH&N Funds and BlueBay Funds are offered by RBC Global Asset Management Inc. and distributed through authorized dealers.
†Best Bond ETFs Group (2015, 2017), Best Overall Funds Group (PH&N Funds: 2010-2013, 2016; RBC Funds: 2008, 2014), and Best Bond Funds Group (RBC GAM: 2015; PH&N Funds: 2008, 2010-2013, 2016; RBC Funds: 2009). Lipper Awards were based on best risk-adjusted performance for the periods ended July 31, 2017, 2016, 2015 and 2014; October 31, 2012, 2011 and 2010; November 30, 2009; and December 31, 2008 and 2007. From Thomson Reuters Lipper Awards, © 2017 Thomson Reuters. All rights reserved. Used by permission and protected by the Copyright Laws of the United States. The printing, copying, redistribution, or retransmission of this Content without express written permission is prohibited.
About RBC Global Asset Management
RBC Global Asset Management (RBC GAM) is the asset management division of Royal Bank of Canada (RBC) and includes BlueBay Asset Management and Phillips, Hager & North Investment Management. RBC GAM is a provider of global investment management services and solutions to institutional, high-net-worth and individual investors through separate accounts, pooled funds, mutual funds, hedge funds, exchange-traded funds and specialty investment strategies. The RBC GAM group of companies manage more than $330 billion USD in assets and have approximately 1,400 employees located across Canada, the United States, Europe and Asia.
Source: RBC Global Asset Management