RBC Global Asset Management Inc. Caps Certain Mutual Funds to New Investors
Certain global and international equity strategies will be closed to new investors
RBC Global Equity Fund
RBC Vision Global Equity Fund
RBC Global Equity Focus Fund
- RBC Global Equity Class
RBC Global Equity Focus Currency Neutral Fund
RBC Global Dividend Growth Fund
RBC Global Dividend Growth Currency Neutral Fund
Phillips, Hager & North Global Equity Fund
Phillips, Hager & North Overseas Equity Fund
Hager & North Currency-Hedged Overseas Equity Fund
- Phillips, Hager & North Overseas Equity Class
Since their inception, the Funds have attracted significant assets both from individual and institutional investors seeking exposure to high quality, global firms selected based on a robust investment process that integrates environmental, social and governance ("ESG") analysis.
Closing these Funds to new investors will protect the RBC Global Equity Team's ability to continue executing its investment process within existing liquidity conditions. Current unitholders of the Funds will continue to be able to make investments into the Funds after they are capped to new investors.
Purchase orders by new investors will only be processed if submitted on or before
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
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About RBC Global Asset Management
RBC Global Asset Management (RBC GAM) is the asset management division of
SOURCE RBC Global Asset Management Inc.