RBC Global Asset Management Inc. announces April sales results for RBC Funds, PH&N Funds and BlueBay Funds

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RBC Global Asset Management Inc. announces April sales results for RBC Funds, PH&N Funds and BlueBay Funds /* Style Definitions */ span.prnews_span { font-size:8pt; font-family:"Arial"; color:black; } a.prnews_a { color:blue; } li.prnews_li { font-size:8pt; font-family:"Arial"; color:black; } p.prnews_p { font-size:0.62em; font-family:"Arial"; color:black; margin:0in; } RBC Global Asset Management Inc. announces April sales results for RBC Funds, PH&N Funds and BlueBay Funds Canada NewsWire TORONTO , May 10, 2024 /CNW/ - RBC Global Asset Management Inc. ("RBC GAM Inc.") today announced April mutual fund net redemptions of $232 million . Long-term funds had net redemptions of $257 million and money market funds had net sales of $25 million . Mutual fund assets under management decreased by 2.0 per cent. Mutual fund sales results information is based on preliminary data from the Investment Funds Institute of Canada (IFIC) and only include Canadian prospectus qualified mutual funds. 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 in Canada . RBC GAM Inc. is a member of the RBC GAM group of companies and an indirect wholly owned subsidiary of Royal Bank of Canada . About RBC Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 94,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada's biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our 17 million clients in Canada , the U.S. and 27 other countries. Learn more at rbc.com . We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/community-social-impact . ...

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