TORONTO, Feb. 8, 2019 /CNW/ - RBC Global Asset Management Inc. (RBC GAM Inc.) today announced that Beutel, Goodman & Company Ltd. has been appointed as sub-advisor of RBC Private Canadian Growth & Income Equity Pool (the "Pool"). The name of the Pool will also be changed to RBC Private Fundamental Canadian Equity Pool. These changes are effective February 27, 2019.
The Pool's new name more clearly identifies its investment strategy and process. There is no change to the Pool's investment objectives.
Established in 1967, Beutel, Goodman & Company Ltd. is a privately-owned, independent Canadian investment manager and offers its investment management expertise to institutional, private wealth and retail clients.
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. RBC GAM Inc. is a member of the RBC GAM group of companies and an indirect wholly owned subsidiary of Royal Bank of Canada.
About RBC Global Asset Management
RBC Global Asset Management (RBC GAM) is the asset management division of Royal Bank of Canada (RBC) and includes institutional money managers 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 approximately $425 billion in assets and have approximately 1,400 employees located across Canada, the United States, Europe and Asia.
For further information: Leah Commisso, RBC GAM Corporate Communications, 416-955-6498, email@example.com