Latest news with #RBCGAMInc.
Cision Canada
4 days ago
- Business
- Cision Canada
RBC Global Asset Management Inc. announces RBC ETF cash distributions for August 2025 Français
TORONTO, /CNW/ - RBC Global Asset Management Inc. ("RBC GAM Inc.") today announced August 2025 cash distributions for unitholders of RBC ETFs, as follows: * Cash distribution per unit ($) amounts are USD for RUQN.U, RUQO.U, RUQP.U, RUQQ.U, RUQR.U, RUQS.U, RUQT.U, RUDB.U, RUSB.U, RUD.U, RUDC.U, RUBY.U, RPD.U, RID.U, and RXD.U Unitholders of record on August 22, 2025, will receive distributions payable on August 29, 2025. For further information regarding RBC ETFs, please visit Commissions, management fees and expenses all may be associated with investments in exchange-traded funds ("ETFs"). Please read the applicable ETF Facts document before investing. ETFs are not guaranteed, their values change frequently and past performance may not be repeated. ETF units are bought and sold at market price on a stock exchange and brokerage commissions will reduce returns. RBC ETFs do not seek to return any predetermined amount at maturity. Index returns do not represent RBC ETF returns. RBC ETFs are managed by RBC Global Asset Management Inc., which is a member of the RBC GAM group of companies and an indirect wholly-owned subsidiary of Royal Bank of Canada. RBC Target 2025 Canadian Government Bond ETF, RBC Target 2026 Canadian Government Bond ETF, RBC Target 2027 Canadian Government Bond ETF, RBC Target 2028 Canadian Government Bond ETF, RBC Target 2029 Canadian Government Bond ETF, RBC Target 2030 Canadian Government Bond ETF and RBC Target 2031 Canadian Government Bond ETF (collectively the "Canadian TMGB ETFs"), and RBC Target 2025 Canadian Corporate Bond Index ETF, RBC Target 2026 Canadian Corporate Bond Index ETF, RBC Target 2027 Canadian Corporate Bond Index ETF, RBC Target 2028 Canadian Corporate Bond Index ETF, RBC Target 2029 Canadian Corporate Bond Index ETF, RBC Target 2030 Canadian Corporate Bond Index ETF and RBC Target 2031 Canadian Corporate Bond ETF (collectively, the "Canadian TMCB ETFs") and RBC Target 2025 U.S. Corporate Bond ETF, RBC Target 2026 U.S. Corporate Bond ETF, RBC Target 2027 U.S. Corporate Bond ETF, RBC Target 2028 U.S. Corporate Bond ETF, RBC Target 2029 U.S. Corporate Bond ETF, RBC Target 2030 U.S. Corporate Bond ETF and RBC Target 2031 U.S. Corporate Bond ETF (collectively, the "U.S. TMCB ETFs"), do not seek to deliver a predetermined amount at maturity, and the amount an investor receives may be more or less than their original investment. The Canadian TMCB ETFs have been developed solely by RBC GAM Inc., and are not in any way connected to or sponsored, endorsed, sold or promoted by the London Stock Exchange Group plc and its group undertakings (collectively, the "LSE Group"). All rights in the FTSE Canada 2025 Maturity Corporate Bond Index, FTSE Canada 2026 Maturity Corporate Bond Index, FTSE Canada 2027 Maturity Corporate Bond Index, FTSE Canada 2028 Maturity Corporate Bond Index, FTSE Canada 2029 Maturity Corporate Bond Index and FTSE Canada 2030 Maturity Corporate Bond Index (collectively, the "FTSE Maturity Corporate Bond Indices") vest in the relevant LSE Group company which owns the FTSE Maturity Corporate Bond Indices. "FTSE®" is a trade mark of the relevant LSE Group company and is used by any other LSE Group company under license. The FTSE Maturity Corporate Bond Indices are calculated by or on behalf of FTSE Global Debt Capital Markets Inc. or its affiliate, agent or partner. The LSE Group does not accept any liability whatsoever to any person arising out of (a) the use of, reliance on or any error in the FTSE Maturity Corporate Bond Indices or (b) investment in or operation of the Canadian TMCB ETFs. The LSE Group makes no claim, prediction, warranty or representation either as to the results to be obtained from the Canadian TMCB ETFs or the suitability of the FTSE Maturity Corporate Bond Indices for the purpose to which they are being put by RBC GAM Inc. RBC Canadian Bank Yield Index ETF, RBC U.S. Banks Yield Index ETF, and RBC U.S. Banks Yield (CAD Hedged) Index ETF have been developed solely by RBC GAM Inc. and are not sponsored, promoted, sold or supported by Solactive AG ("Solactive"). The Solactive Canada Bank Yield Index, Solactive U.S. Bank Yield NTR Index and Solactive U.S. Bank Yield NTR (CAD Hedged) Index are calculated and published by Solactive. Solactive does not offer any express or implicit guarantee or assurance regarding the results to be obtained from the use of the index or index price nor does Solactive make any representation regarding the advisability of investing in the ETFs. 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 97,000+ 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 more than 19 million clients in Canada, the U.S. and 27 other countries. Learn more at We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at About RBC Global Asset Management RBC Global Asset Management (RBC GAM) is the asset management division of Royal Bank of Canada (RBC). 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. RBC Funds, BlueBay Funds, PH&N Funds and RBC ETFs are offered by RBC Global Asset Management Inc. (RBC GAM Inc.) and distributed through authorized dealers in Canada. The RBC GAM group of companies, which includes RBC GAM Inc. (including PH&N Institutional), manage approximately $693 billion in assets and have approximately 1,600 employees located across Canada, the United States, Europe and Asia.
Cision Canada
6 days ago
- Business
- Cision Canada
RBC Global Asset Management Inc. announces changes to RBC O'Shaughnessy Funds, RBC U.S. small-cap equity funds, RBC and PH&N money market funds, and RBC Trend Canadian Equity Fund, including proposed mergers, closures and other changes Français
TORONTO, Aug. 13, 2025 /CNW/ - RBC Global Asset Management Inc. ("RBC GAM Inc.") today announced the termination of O'Shaughnessy Asset Management, L.L.C. as sub-advisor for RBC O'Shaughnessy Funds and proposed changes resulting from such termination, further updates on RBC U.S. small-cap equity funds, proposed changes to several RBC and Phillips, Hager & North ("PH&N") money market funds, and the closure of RBC Trend Canadian Equity Fund. Changes to RBC O'Shaughnessy Funds On or about November 21, 2025, O'Shaughnessy Asset Management, L.L.C. will cease to be the sub-advisor for RBC O'Shaughnessy Funds. RBC GAM Inc. is proposing to merge each RBC O'Shaughnessy Fund into a suitable RBC QUBE Fund or transition it to the RBC Quantitative Investments team where it will be renamed as the appropriate RBC QUBE Fund. This change is intended to better align RBC GAM's quantitative product offering with client needs. The proposed changes to RBC O'Shaughnessy Funds effective on or about November 21, 2025, are outlined in the table below: 1. Series AZ units of this fund will no longer be available for purchase by new investors as of November 21, 2025. Investors who hold Series AZ units of this fund on November 21, 2025 can continue to make additional investments into the fund. 2. On or about November 21, 2025, the management fee for Series D and Series F units of this fund will be reduced by 0.15% and Series A units of this fund will be renamed Series AZ units and will no longer be available for purchase by new investors. Investors who hold Series AZ units of this fund on November 21, 2025 can continue to make additional investments into the fund. 3. On or about November 21, 2025, the management fee for Series A, Series D, and Series F units of this fund will be reduced by 0.10%. Changes to RBC U.S. Small-Cap Equity Funds Further to RBC GAM Inc.'s announcement on June 26, 2025, the proposed changes to RBC U.S. Small-Cap Core Equity Fund and RBC U.S. Small-Cap Value Equity Fund (collectively, the "RBC U.S. Small-Cap Equity Funds") are outlined in the table below. The proposed changes will be effective on or about November 21, 2025. Unitholder Meeting for RBC O'Shaughnessy Funds and RBC U.S. Small-Cap Equity Funds The changes and proposed mergers of the RBC O'Shaughnessy Funds and RBC U.S. Small-Cap Equity Funds are subject to unitholder approval. RBC GAM intends to call and hold a special meeting for unitholders of RBC O'Shaughnessy Funds and RBC U.S. Small-Cap Equity Funds on November 7, 2025, in Toronto, Ontario, to consider and vote upon the proposed changes and mergers. A notice-and-access document will be mailed to unitholders of record or their discretionary advisors as of September 8, 2025, outlining how to obtain a copy of the management information circular containing details of the proposed changes and mergers. The notice-and-access document and the management information circular will also be available on SEDAR+ at For each fund merger in the tables above, unitholders of the applicable RBC O'Shaughnessy Fund or RBC U.S. Small-Cap Equity Fund will receive units of the respective continuing fund based on the continuing fund's net asset value per unit. The merging RBC O'Shaughnessy Funds and RBC U.S. Small-Cap Equity Funds will terminate following completion of the mergers. RBC GAM Inc. will cover all costs and expenses associated with the mergers. The proposed changes and fund mergers were presented to the Independent Review Committee ("IRC") of the prospectus-qualified funds managed by RBC GAM Inc. Following careful consideration, the IRC provided their positive recommendation, after determining that the changes and mergers achieve a fair and reasonable result for each of the applicable funds. Units of the merging RBC O'Shaughnessy Funds and RBC U.S. Small-Cap Equity Funds will no longer be available for purchase effective as of the close of business on November 18, 2025. Purchases under pre-authorized contribution plans may continue depending on the dealer. Investors should consult their dealer for more information. The RBC U.S. Small-Cap Equity Funds are no longer be available for purchase by new investors. Only existing unitholders of RBC U.S. Small-Cap Equity Funds can continue to make additional investments into the funds. Unitholders of the merging RBC O'Shaughnessy Funds and RBC U.S. Small-Cap Equity Funds may redeem their units up to the close of business on the effective date of the mergers. Changes to RBC and PH&N Money Market Funds The proposed changes to RBC and PH&N money market funds effective on or about November 21, 2025, are outlined in the table below: These changes are being made to streamline our money market fund offering. As part of these changes, the overall management expense ratios ("MERs") of the merging RBC and PH&N money market funds, which include the management fee and administration fee, are expected to be the same. For each fund merger in the table above, unitholders of the merging RBC and PH&N money market fund will receive units of the respective continuing fund based on the continuing fund's net asset value per unit. The merging RBC and PH&N money market funds will terminate following completion of the mergers. RBC GAM Inc. will cover all costs and expenses associated with the mergers. The proposed mergers of the RBC and PH&N money market funds above are expected to be completed on a tax-deferred basis and were presented to the IRC. Following careful consideration, the IRC provided their approval after determining that the mergers achieve a fair and reasonable result for each of the applicable funds. Further details regarding the proposed mergers will be sent to unitholders within 60 days of the mergers. Units of Phillips, Hager & North Canadian Money Market Fund, RBC Premium Money Market Fund and Phillips, Hager & North $U.S. Money Market Fund will no longer be available for purchase effective as of the close of business on November 18, 2025. Purchases under pre-authorized contribution plans may continue depending on the dealer. Unitholders of these funds may redeem their units up to the close of business on the effective date of the mergers. Investors should consult their dealer for more information. Effective November 21, 2025, the RBC $U.S. Money Market Fund II (currently, RBC Premium $U.S. Money Market Fund) will no longer be available for purchase. Closure of RBC Trend Canadian Equity Fund RBC Trend Canadian Equity Fund will close effective November 21, 2025. Unitholders may redeem or switch their holdings in RBC Trend Canadian Equity Fund until market close on November 21, 2025. Any remaining units will be redeemed, and the proceeds distributed to unitholders. If units of RBC Trend Canadian Equity Fund are held in registered plans, the redemption proceeds will remain within the plan unless unitholders instruct otherwise in advance of market close on November 18, 2025. There will be no tax implications as a result of the transactions if units are held in a registered plan. If units of RBC Trend Canadian Equity Fund are held in a non-registered account, the fund closure will be treated as a disposition and may result in a taxable capital gain or loss, depending on each unitholder's individual situation. Unitholders are encouraged to contact their advisor to discuss the fund closure and their investment options. 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 97,000+ 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 more than 19 million clients in Canada, the U.S. and 27 other countries. Learn more at We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at About RBC Global Asset Management RBC Global Asset Management (RBC GAM) is the asset management division of Royal Bank of Canada (RBC). 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. RBC Funds, BlueBay Funds, PH&N Funds and RBC ETFs are offered by RBC Global Asset Management Inc. (RBC GAM Inc.) and distributed through authorized dealers in Canada. The RBC GAM group of companies, which includes RBC GAM Inc. (including PH&N Institutional), manage approximately $693 billion in assets and have approximately 1,600 employees located across Canada, the United States, Europe and Asia.
Cision Canada
6 days ago
- Business
- Cision Canada
RBC Global Asset Management Inc. announces final details on maturity of RBC Target 2025 Canadian Government Bond ETF, RBC Target 2025 Canadian Corporate Bond Index ETF and RBC Target 2025 U.S. Corporate Bond ETF Français
TORONTO, Aug. 13, 2025 /CNW/ - RBC Global Asset Management Inc. ("RBC GAM Inc.") today announced final details regarding the scheduled maturity of RBC Target 2025 Canadian Government Bond ETF (TSX: RGQN), RBC Target 2025 Canadian Corporate Bond Index ETF (TSX: RQN) and RBC Target 2025 U.S. Corporate Bond ETF (TSX: RUQN) (TSX: RUQN.U) (together, the "Maturing ETFs"). As announced earlier this year, the Maturing ETFs will mature effective the close of business on Friday, September 12, 2025 (the "Maturity Date"). Subscriptions for units of the Maturing ETFs will no longer be accepted after the close of business today, Wednesday, August 13, 2025. Redemption requests for the Maturing ETFs will be accepted until the close of business on Tuesday, September 9, 2025. The Maturing ETFs are anticipated to be voluntarily delisted from the TSX, at the request of RBC GAM Inc., following the close of business on or about Wednesday, September 10, 2025. Investors may continue to buy or sell units of the Maturing ETFs on a stock exchange until the delisting date. All units held by investors following the delisting will be subject to mandatory redemption on the Maturity Date. Prior to the Maturity Date, RBC GAM Inc. will, to the extent reasonably possible, sell and convert the assets of the Maturing ETFs to cash. After paying or making adequate provision for the liabilities and obligations of the Maturing ETFs, RBC GAM Inc. will, as soon as practicable following the Maturity Date, distribute the net assets of each Maturing ETF pro rata among the unitholders of record on the Maturity Date based on the net asset value ("NAV") per unit. RBC GAM Inc. will issue an additional press release on or about the Maturity Date confirming the final details. Investors have the option to either invest the proceeds from the Maturing ETFs into a subsequent maturity of an RBC Target Maturity Bond ETF or to utilize the proceeds in a ladder strategy to help manage interest rate and reinvestment risk. Unlike traditional exchange-traded funds ("ETFs"), which have a perpetual life, RBC Target Maturity Bond ETFs have a specified maturity date established when the ETF is launched. When the ETF reaches the Maturity Date, the ETF's final NAV is returned to the current unitholders. An RBC Target Maturity Bond ETF's portfolio contains fixed income securities that mature throughout its stated maturity year. This structure results in a duration profile similar to that of an individual bond, where the ETF's duration should decline as it approaches maturity, reducing sensitivity to interest rate changes. The suite of RBC Target Maturity Bond ETFs focuses on providing investors with simple and transparent access to a wide range of diversified bond portfolios and the ability to manage duration more precisely, through six RBC Target Maturity Canadian Government Bond ETFs, six RBC Target Maturity Canadian Corporate Bond ETFs ("Canadian TMCB ETFs") and six RBC Target Maturity U.S. Corporate Bond ETFs, each with maturities ranging from 2026 to 2031. For further information regarding RBC ETFs, please visit Commissions, management fees and expenses all may be associated with investments in ETFs. Please read the applicable prospectus or ETF Facts document before investing. ETFs are not guaranteed, their values change frequently and past performance may not be repeated. ETF units are bought and sold at market price on a stock exchange and brokerage commissions will reduce returns. RBC ETFs do not seek to return any predetermined amount at maturity. Index returns do not represent RBC ETF returns. RBC ETFs are managed by RBC GAM Inc., a member of the RBC GAM group of companies and an indirect wholly-owned subsidiary of Royal Bank of Canada. RBC Target 2025 Canadian Government Bond ETF, RBC Target 2025 Canadian Corporate Bond Index ETF and RBC Target 2025 U.S. Corporate Bond ETF do not seek to deliver a predetermined amount at maturity, and the amount an investor receives may be more or less than their original investment. The Canadian TMCB ETFs have been developed solely by RBC GAM Inc. and are not in any way connected to or sponsored, endorsed, sold or promoted by the London Stock Exchange Group plc and its group undertakings (collectively, the "LSE Group"). All rights in the FTSE Canada 2025 Maturity Corporate Bond Index vest in the relevant LSE Group company which owns the FTSE Maturity Corporate Bond Indices. "FTSE ®" is a trade mark of the relevant LSE Group company and is used by any other LSE Group company under license. The FTSE Maturity Corporate Bond Indices are calculated by or on behalf of FTSE Global Debt Capital Markets Inc. or its affiliate, agent or partner. The LSE Group does not accept any liability whatsoever to any person arising out of (a) the use of, reliance on or any error in the FTSE Maturity Corporate Bond Indices or (b) investment in or operation of the Canadian TMCB ETFs. The LSE Group makes no claim, prediction, warranty or representation either as to the results to be obtained from the Canadian TMCB ETFs or the suitability of the FTSE Maturity Corporate Bond Indices for the purpose to which they are being put by RBC GAM Inc. 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 97,000+ 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 more than 19 million clients in Canada, the U.S. and 27 other countries. Learn more at We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at About RBC Global Asset Management RBC Global Asset Management (RBC GAM) is the asset management division of Royal Bank of Canada (RBC). 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. RBC Funds, BlueBay Funds, PH&N Funds and RBC ETFs are offered by RBC Global Asset Management Inc. (RBC GAM Inc.) and distributed through authorized dealers in Canada. The RBC GAM group of companies, which includes RBC GAM Inc. (including PH&N Institutional), manage approximately $693 billion in assets and have approximately 1,600 employees located across Canada, the United States, Europe and Asia. SOURCE RBC Global Asset Management Inc.
Cision Canada
17-07-2025
- Business
- Cision Canada
RBC Global Asset Management Inc. announces RBC ETF cash distributions for July 2025 Français
TORONTO, /CNW/ - RBC Global Asset Management Inc. ("RBC GAM Inc.") today announced July 2025 cash distributions for unitholders of RBC ETFs, as follows: * Cash distribution per unit ($) amounts are USD for RUQN.U, RUQO.U, RUQP.U, RUQQ.U, RUQR.U, RUQS.U, RUQT.U, RUDB.U, RUSB.U, RUD.U, RUDC.U, RUBY.U, RPD.U, RID.U, and RXD.U Unitholders of record on July 24, 2025, will receive distributions payable on July 31, 2025. For further information regarding RBC ETFs, please visit Commissions, management fees and expenses all may be associated with investments in exchange-traded funds ("ETFs"). Please read the applicable ETF Facts document before investing. ETFs are not guaranteed, their values change frequently and past performance may not be repeated. ETF units are bought and sold at market price on a stock exchange and brokerage commissions will reduce returns. RBC ETFs do not seek to return any predetermined amount at maturity. Index returns do not represent RBC ETF returns. RBC ETFs are managed by RBC Global Asset Management Inc., which is a member of the RBC GAM group of companies and an indirect wholly-owned subsidiary of Royal Bank of Canada. RBC Target 2025 Canadian Government Bond ETF, RBC Target 2026 Canadian Government Bond ETF, RBC Target 2027 Canadian Government Bond ETF, RBC Target 2028 Canadian Government Bond ETF, RBC Target 2029 Canadian Government Bond ETF, RBC Target 2030 Canadian Government Bond ETF and RBC Target 2031 Canadian Government Bond ETF (collectively, the "Canadian TMGB ETFs"), and RBC Target 2025 Canadian Corporate Bond Index ETF, RBC Target 2026 Canadian Corporate Bond Index ETF, RBC Target 2027 Canadian Corporate Bond Index ETF, RBC Target 2028 Canadian Corporate Bond Index ETF, RBC Target 2029 Canadian Corporate Bond Index ETF, RBC Target 2030 Canadian Corporate Bond Index ETF and RBC Target 2031 Canadian Corporate Bond ETF (collectively, the "Canadian TMCB ETFs"), and RBC Target 2025 U.S. Corporate Bond ETF, RBC Target 2026 U.S. Corporate Bond ETF, RBC Target 2027 U.S. Corporate Bond ETF, RBC Target 2028 U.S. Corporate Bond ETF, RBC Target 2029 U.S. Corporate Bond ETF, RBC Target 2030 U.S. Corporate Bond ETF and RBC Target 2031 U.S. Corporate Bond ETF (collectively, the "U.S. TMCB ETFs"), do not seek to deliver a predetermined amount at maturity, and the amount an investor receives may be more or less than their original investment. The Canadian TMCB ETFs have been developed solely by RBC GAM Inc., and are not in any way connected to or sponsored, endorsed, sold or promoted by the London Stock Exchange Group plc and its group undertakings (collectively, the "LSE Group"). All rights in the FTSE Canada 2025 Maturity Corporate Bond Index, FTSE Canada 2026 Maturity Corporate Bond Index, FTSE Canada 2027 Maturity Corporate Bond Index, FTSE Canada 2028 Maturity Corporate Bond Index, FTSE Canada 2029 Maturity Corporate Bond Index and FTSE Canada 2030 Maturity Corporate Bond Index (collectively, the "FTSE Maturity Corporate Bond Indices") vest in the relevant LSE Group company which owns the FTSE Maturity Corporate Bond Indices. "FTSE ®" is a trade mark of the relevant LSE Group company and is used by any other LSE Group company under license. The FTSE Maturity Corporate Bond Indices are calculated by or on behalf of FTSE Global Debt Capital Markets Inc. or its affiliate, agent or partner. The LSE Group does not accept any liability whatsoever to any person arising out of (a) the use of, reliance on or any error in the FTSE Maturity Corporate Bond Indices or (b) investment in or operation of the Canadian TMCB ETFs. The LSE Group makes no claim, prediction, warranty or representation either as to the results to be obtained from the Canadian TMCB ETFs or the suitability of the FTSE Maturity Corporate Bond Indices for the purpose to which they are being put by RBC GAM Inc. RBC Canadian Bank Yield Index ETF, RBC U.S. Banks Yield Index ETF, and RBC U.S. Banks Yield (CAD Hedged) Index ETF have been developed solely by RBC GAM Inc. and are not sponsored, promoted, sold or supported by Solactive AG ("Solactive"). The Solactive Canada Bank Yield Index, Solactive U.S. Bank Yield NTR Index and Solactive U.S. Bank Yield NTR (CAD Hedged) Index are calculated and published by Solactive. Solactive does not offer any express or implicit guarantee or assurance regarding the results to be obtained from the use of the index or index price nor does Solactive make any representation regarding the advisability of investing in the ETFs. 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 97,000+ 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 more than 19 million clients in Canada, the U.S. and 27 other countries. Learn more at We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at About RBC Global Asset Management RBC Global Asset Management (RBC GAM) is the asset management division of Royal Bank of Canada (RBC). 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. RBC Funds, BlueBay Funds, PH&N Funds and RBC ETFs are offered by RBC Global Asset Management Inc. (RBC GAM Inc.) and distributed through authorized dealers in Canada. The RBC GAM group of companies, which includes RBC GAM Inc. (including PH&N Institutional), manage approximately $693 billion in assets and have approximately 1,600 employees located across Canada, the United States, Europe and Asia.
Cision Canada
11-07-2025
- Business
- Cision Canada
RBC Global Asset Management Inc. announces June sales results for RBC Funds, PH&N Funds and BlueBay Funds Français
TORONTO, July 11, 2025 /CNW/ - RBC Global Asset Management Inc. ("RBC GAM Inc.") today announced June mutual fund net sales of $690 million. Long-term funds had net sales of $582 million and money market funds had net sales of $108 million. Mutual fund assets under management increased by 2.1 percent since last month. Mutual fund sales results information is based on preliminary data from the Securities and Investment Management Association (SIMA) (formally the Investment Funds Institute of Canada) 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. 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 97,000+ 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 more than 19 million clients in Canada, the U.S. and 27 other countries. Learn more at We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at About RBC Global Asset Management RBC Global Asset Management (RBC GAM) is the asset management division of Royal Bank of Canada (RBC). 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. RBC Funds, BlueBay Funds, PH&N Funds and RBC ETFs are offered by RBC Global Asset Management Inc. (RBC GAM Inc.) and distributed through authorized dealers in Canada. The RBC GAM group of companies, which includes RBC GAM Inc. (including PH&N Institutional), manage approximately $693 billion in assets and have approximately 1,600 employees located across Canada, the United States, Europe and Asia.
