TORONTO, Nov. 9, 2017 /CNW/ - RBC Global Asset Management Inc. (RBC GAM Inc.) was recognized as Best Bond ETFs Group at the Lipper Canada 2017 Fund Awards1 held last evening in Toronto.
"Six years ago, we launched our first suite of ETFs, the RBC Target Maturity Corporate Bond ETFs," said Mark Neill, head of RBC ETFs. "Since then, in response to strong interest from investors, we have expanded our ETF family, leading to us becoming one of the top providers in Canada by number of ETFs and assets. I would like to congratulate our teams for their ongoing hard work and dedication, and thank our clients for their continued confidence and trust."
Furthermore, RBC GAM Inc. won ten individual fund awards for 2017 in the following categories: Canadian Neutral Balanced, Global Fixed Income, Canadian Fixed Income, Canadian Short Term Fixed Income, Canadian Dividend & Equity Income, High Yield Fixed Income and Precious Metals Equity.
RBC GAM Inc. was previously recognized as Best Bond ETFs Group in 2015 and currently offers 40 ETFs and has more than $4 billion in ETF assets under management. In addition to being recognized for performance in the Bond ETF category, RBC GAM Inc. has also consistently won awards for its leadership in fixed income mutual funds, having won the Lipper Best Bond Funds Group for eight of the past ten years1.
The Lipper Fund Awards recognize funds and fund management firms that have delivered strong, consistent performance. The Lipper Fund Awards take place in 23 countries in Asia, Europe, MENA, and the Americas. Lipper designates award-winning funds in most individual classifications for the three-, five-, and ten-year periods and fund families with high average scores for the three-year time period. The top three-year classification winners and fund family winners receive trophies at the ceremonies.
For a full list of this year's winners, please visit the Lipper Canada Fund Awards website.
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, BlueBay Funds and PH&N Funds are offered by RBC GAM 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.
1 2008, 2009, 2010, 2011, 2012, 2013, 2015, 2016 and 2017 Lipper Canada Fund Awards were based on best risk-adjusted performance for the periods ended December 31, 2007 and 2008, November 30, 2009, October 31, 2010, 2011 and 2012, and July 31, 2015, 2016 and 2017 respectively. 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 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 manages approximately $400 billion in assets and has approximately 1,400 employees located across Canada, the United States, Europe and Asia.
SOURCE RBC Global Asset Management Inc.
For further information: Leah Commisso, RBC GAM Corporate Communications, 416-955-6498, firstname.lastname@example.org
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