RBC Global Asset Management Inc. lowers administration fees for RBC Emerging Markets Bond Fund
TORONTO, Nov. 14, 2018 /CNW/ - RBC Global Asset Management Inc. (RBC GAM Inc.) today announced the reduction of administration fees for RBC Emerging Markets Bond Fund.
RBC GAM Inc. reviews administration fees on an ongoing basis. These reductions are part of our commitment to remain a leader in delivering excellent value to our clients.
The administration fee for the applicable series will be reduced effective January 1, 2019:
Fund | Series | Administration Fee | |
Current | Effective | ||
RBC Emerging Markets Bond Fund1 | A, Advisor, D & F | 0.10% | 0.05% |
1 Series O will be reduced from 0.10% to 0.02% | |||
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, PH&N Funds and BlueBay Funds are offered by RBC GAM Inc. and distributed through authorized dealers. 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 Global Asset Management
RBC Global Asset Management (RBC GAM) is the asset management division of Royal Bank of Canada (RBC) and includes institutional money managers BlueBay Asset Management and Phillips, Hager & North Investment Management. RBC GAM is a provider of global investment management services and solutions to institutional, high-net-worth and individual investors through separate accounts, pooled funds, mutual funds, hedge funds, exchange-traded funds and specialty investment strategies. The RBC GAM group of companies manage approximately $425 billion in assets and have approximately 1,400 employees located across Canada, the United States, Europe and Asia.
SOURCE RBC
