TORONTO, Sept. 14, 2015 /CNW/ - RBC Global Asset Management Inc. today announced the launch of RBC U.S. Small-Cap Value Equity Fund.
This new solution invests primarily in equity securities of U.S. small-cap companies that offer exposure to niche areas of the market, aiming to provide high growth potential and diversification benefits for Canadian investors.
The Fund is appropriate for investors who are seeking long-term capital appreciation by investing primarily in equity securities of U.S. small-cap companies, are looking to hold their investments for the long term and can tolerate considerable fluctuations in their portfolio.
The Fund is available to individual investors through four options: Series A; Advisor Series; Series D; and Series F (available via financial advisors).
The management fees are outlined in the table below.
|Series A||Advisor||Series D||Series F|
The Fund is also available to institutional investors through Series O. Please read the prospectus or Fund Facts 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.
About RBC Global Asset Management and RBC Wealth 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 individual, high-net-worth and institutional investors through mutual funds, exchange-traded funds, hedge funds, pooled funds, separate accounts and specialty investment strategies. RBC GAM group of companies manage more than $380 billion and have approximately 1,300 employees located across Canada, the United States, Europe and Asia.
RBC GAM is part of RBC Wealth Management, which is one of the world's top five largest wealth managers*. RBC Wealth Management directly serves affluent, high net worth and ultra high net worth clients globally with a full suite of banking, investment, trust and other wealth management solutions, from our key operational hubs in Canada, the United States, the British Isles, and Asia. The business also provides asset management products and services directly and through RBC and third party distributors to institutional and individual clients, through its RBC GAM business. RBC Wealth Management has more than C$778 billion of assets under administration, more than C$503 billion of assets under management and approximately 4,050 financial consultants, advisors, private bankers, and trust officers. For more information, please visit www.rbcwealthmanagement.com.
*Scorpio Partnership Global Private Banking KPI Benchmark 2015. In the United States, securities are offered through RBC Wealth Management, a division of RBC Capital Markets, LLC, a wholly owned subsidiary of Royal Bank of Canada. Member NYSE/FINRA/SIPC.
For further information:
Leah Commisso, RBC GAM Corporate Communications, 416-955-6498