RBC Global Asset Management has made three new funds – BlueBay Emerging Markets Corporate Bond Fund, RBC US Mid-Cap Value Equity Fund and RBC US Small-Cap Core Equity Fund – available for purchase by individual and institutional investors in Canada.
The emerging markets fund is sub-advised by BlueBay Asset Management and the US equity funds are sub-advised by RBC Global Asset Management (US).
"As part of our ongoing commitment to meeting the evolving needs of our clients, we are pleased to offer the additional choice of accessing the award-winning capabilities of BlueBay Asset Management and RBC Global Asset Management (US) through these three new funds," says Doug Coulter (pictured), president of RBC Global Asset Management Inc.
The BlueBay Emerging Markets Corporate Bond Fund invests primarily in debt securities of corporations based in emerging market countries. The fund is appropriate for investors seeking a combination of income and capital growth potential while looking to diversify the fixed income portion of their portfolios through exposure to emerging market debt securities.
The Fund is sub-advised by BlueBay Asset Management. Acquired by RBC in 2010, BlueBay is a UK-based leading specialist manager of fixed income credit, offering long-only and alternative products across the major sub-asset classes of emerging markets, high yield, loans, convertibles and investment grade bonds.
The RBC US Mid-Cap Value Equity Fund invests primarily in equity securities of US mid-cap companies that are deemed to be undervalued in order to provide broad exposure to economic growth opportunities in the equity markets. The fund is appropriate for investors seeking exposure to growth opportunities in the US market, or who are looking for a value component for the equity portion of their portfolios.
The RBC US Small-Cap Core Equity Fund invests primarily in equity securities of US small-cap companies in order to provide broad exposure to economic growth opportunities in the equity markets. The fund is appropriate for investors seeking exposure to growth opportunities in the US market, or who want to diversify their portfolios by market capitalisation.
The Funds are sub-advised by RBC Global Asset Management (US), a registered investment adviser headquartered in Minneapolis, Minnesota, offering a range of investment specialties to institutional investors through both separate accounts and RBC funds.
