RBC Asset Management introduces Series I option for 13 RBC Funds

    TORONTO, Feb. 5 /CNW/ - RBC Asset Management Inc. introduced Series I
units of 13 existing RBC Funds. Series I units are available in fee-based
accounts offered through full-service dealers, have a minimum investment
amount of $500,000 per fund and lower management fees than other Series.

    RBC Funds offering Series I Units include:

    RBC Bond Fund
    RBC Global Bond Fund
    RBC Jantzi Balanced Fund
    RBC Canadian Dividend Fund
    RBC Canadian Equity Fund
    RBC Jantzi Canadian Equity Fund
    RBC U.S. Equity Fund
    RBC U.S. Mid-Cap Equity Fund
    RBC O'Shaughnessy U.S. Value Fund
    RBC O'Shaughnessy International Equity Fund
    RBC Global Dividend Growth Fund
    RBC O'Shaughnessy Global Equity Fund
    RBC Jantzi Global Equity Fund

    About RBC Asset Management

    RBC Asset Management Inc. is an indirect, wholly owned subsidiary of
Royal Bank of Canada. RBC Asset Management Inc. provides a broad range of
investment services to investors through mutual funds, pooled funds and
separately managed portfolios. With offices in major financial centres around
the world, RBC Asset Management Inc. is one of Canada's largest money managers
and has over $87 billion in assets under management.
    The RBC Asset Management mutual fund family was awarded the "Best Overall
Fund Group" in Canada for 2007 by Lipper Inc. The prestigious award is part of
a global program of events held by Lipper in 21 countries to highlight funds
and fund families that excel in delivering consistently strong risk-adjusted
performance relative to their peers. Visit our website at www.rbcam.com.
    RBC Asset Management is part of RBC Wealth Management which directly
serves affluent and high net worth clients in Canada, the United States, Latin
America, Europe and Asia, provides asset management and trust services through
RBC partners and third-party distributors and has over $500 billion of assets
under administration, 3,500 financial advisors and $150 billion of assets
under management.

For further information:

For further information: Rina Cortese, RBC Wealth Management, (416)
974-6970; Jackie Braden, RBC, Media Relations, (416) 974-2124

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