Fund Management
RBC Global Asset Management Unveils Four New Equity Funds
RBC Global Asset Management has launched four new equity funds with global capabilities.
RBC Global Asset Management has launched four new equity funds with global capabilities.
The funds are the RBC Global Equity fund, RBC US Equity Value fund, RBC Japanese Equity fund and RBC Asia Pacific Ex-Japan Equity fund, RBC said in a statement.
"Canadians looking for investment opportunities are increasingly looking beyond Canada to a variety of different geographies. These new solutions take advantage of the tremendous breadth of RBC GAM's investment capabilities by providing advisors and investors with access to a diversified range of global investment options," said RBC Global Asset Management CIO Dan Chornous.
The RBC Global Equity fund is managed by a 10-person global equity team and invests primarily in equity securities of large global companies. RBC said it is suitable for investors who are planning to hold their investment for the long-term and are looking for economic and geographic diversification across the globe.
The US Equity Value fund invests primarily in companies trading at prices that appear to offer attractive value relative to the overall market. Managed by RBC GAM portfolio managers Stu Kedwell and Doug Raymond, this fund is appropriate for investors who are seeking value-based strategies with exposure to quality US companies and the objective of achieving long-term growth.
The Japanese Equity fund invests in equity securities of companies located or having a principal business interest in Japan. This fund is suitable for long-term investors who are seeking targeted exposure to quality international businesses outside of North America, with economic and currency diversification.
The Asia Pacific Ex-Japan Equity fund aims to provide long-term capital growth by investing in equity securities of companies located or having a principal business interest in the Asia Pacific region, excluding Japan. This fund is suitable for investors who are looking for economic, geographic and currency diversification outside of North America.
The RBC Japanese Equity fund and RBC Asia Pacific Ex-Japan Equity fund will be managed by the Hong Kong-based Asian equity team led by Mayur Nallamalla, senior portfolio manager and head of Asian equities.
