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

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RBC Global Asset Management Inc. announces July 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 July sales results for RBC Funds, PH&N Funds and BlueBay Funds Canada NewsWire TORONTO , Aug. 9, 2024 /CNW/ - RBC Global Asset Management Inc. ("RBC GAM Inc.") today announced July mutual fund net sales of $1.3 billion . Long-term funds had net sales of $1.3 billion and money market funds had net sales of $22 million . Mutual fund assets under management increased by 3.2 per cent. Mutual fund sales results information is based on preliminary data from the Investment Funds Institute of Canada (IFIC) and only includes 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. Mutual fund securities are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer. There can be no assurances that a money market fund will be able to maintain its net asset value per security at a constant amount or that the full amount of your investment in the fund will be returned to you. 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 98,000+ 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 innovati...

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