Selector Management Fund chooses RBC Dexia to service its Luxembourg based

LUXEMBOURG, Feb. 17 /CNW/ - RBC Dexia Investor Services has been chosen by Selector Management Fund to provide custody, fund administration, shareholder services and performance analytics for their existing SICAV funds in Luxembourg.

"RBC Dexia's solid and growing reputation in the offshore market and comprehensive service solution were both significant factors in choosing them to service our funds," said Douglas Geertz, Board Member, Selector Management Fund. "Whether it's helping to launch new funds or heeding their advice on significant distribution channels, their consultative approach makes it feel less like a client/vendor relationship and more like a business partnership."

Selector's mission is to make a multitude of top-tier managers available to institutional investors through a streamlined fund family. Many non-resident private investment funds based in foreign jurisdictions are looking to increase the marketability of their funds in the European market using the UCITS-SICAV format.

Selector recently launched an Asset Strategy fund in the UCITS III format that provides access to a global asset allocation fund with the benefits of a hedge fund but with daily liquidity in a mutual fund format.

"This represents an important win for RBC Dexia as Selector is a well established fund brand with a long-standing reputation," said Laurent Vanderweyen, managing director, Luxembourg for RBC Dexia Investor Services. "RBC Dexia has invested heavily in distribution support to ensure that fund managers like Selector can meet the burgeoning demand for these types of funds in geographic regions crucial to their continued success."

RBC Dexia Investor Services was recently ranked number one overall in the Global Investor Global Custody Survey for the sixth consecutive year (2004 - 2009). RBC Dexia also excelled in the annual R&M Consultants Global Custody Survey, and was ranked the number one service provider by fund managers and number one for Europe in Global Custodian's 2009 Global Custody Survey. RBC Dexia was also named Global Custody: Client Relationship Manager of the Year in ICFA's 2009 Global Awards.

About RBC Dexia Investor Services

RBC Dexia Investor Services offers a complete range of investor services to institutions worldwide. Our unique offshore and onshore solutions, combined with the expertise of our 5,300 professionals in 16 markets, help clients grow their business and sustain enhanced performance through efficiency improvements and robust risk management practices.

Equally owned by RBC and Dexia, the company ranks among the world's top 10 global custodians with USD 2.5 trillion in client assets under administration.

RBC Dexia Investor Services Limited is a holding company that provides strategic direction and management oversight to its affiliates, including RBC Dexia Investor Services Bank S.A., a credit institution licensed in Luxembourg by the Commission de Surveillance du Secteur Financier and the Ministry of Finance. All are licensed users of the RBC trademark (a registered trademark of Royal Bank of Canada) and Dexia trademark (a registered mark of Dexia Crédit Local) and conduct their global custody and investment administration business under the RBC Dexia Investor Services brand name.

SOURCE RBC Investor & Treasury Services

For further information: For further information: Jason Graham, (416) 955-5800,

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