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RBC Global Asset Management Inc. re-opens several mutual funds to new investors

RBC Global Asset Management Inc. re-opens several mutual funds to new investors Canada ...

articleRoyal Bank Of CanadaAugust 23, 20244/company/royal-bank-of-canada/news/rbc-global-asset-management-inc-re-opens-several-mutual-funds-to-new-investors
RBC Global Asset Management Inc. re-opens several mutual funds to new investors

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[{"type":"text","content":"\n\n\n\n RBC Global Asset Management Inc. re-opens several mutual funds to new investors\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n TORONTO\n \n\n ,\n \n\n Aug. 23, 2024\n \n\n /CNW/ - RBC Global Asset Management Inc. (\"RBC GAM Inc.\") today announced that the following mutual funds will re-open to new investors on\n \n September 3, 2024\n \n :\n \n\n\n\n\n\n\n\n\n\n RBC Global Equity Fund\n \n\n RBC Global Equity Focus Fund\n \n\n RBC Vision Global Equity Fund\n \n\n RBC Global Equity Focus Currency Neutral Fund\n \n\n RBC Global Dividend Growth Fund\n \n\n RBC Global Dividend Growth Currency Neutral Fund\n \n\n Phillips, Hager & North Global Equity Fund\n \n\n Phillips, Hager & North Overseas Equity Fund (only Series A, D, F and O)\n \n\n Phillips, Hager & North Currency-Hedged Overseas Equity Fund\n \n\n\n (collectively, the \"Funds\").\n \n\n The Funds utilize the investment expertise of the RBC Global Equities team based in\n \n London, UK\n \n , and leverage their robust investment process that focuses on investing in high quality, global companies.\n \n\n\n The Funds were capped to new investors on\n \n September 15, 2021\n \n\n . In recent months, the investment team has identified the opportunity to re-open the Funds to take advantage of a market environment that aligns with the Funds' investment criteria and approach.\n \n\n RBC GAM Inc. reserves the right to cap the Funds or otherwise restrict investment into the Funds at a later date.\n \n\n 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, PH&N Funds and RBC Private Pools are offered by RBC GAM Inc. and distributed through authorized dealers in\n \n Canada\n \n . RBC GAM Inc. is a member of the RBC GAM group of companies and an indirect wholly owned sub...

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