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RBC Global Asset Management closes PH&N High Yield Bond Fund to new investors

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RBC Global Asset Management is closing the PH&N High Yield Bond Fund to new investors as of 7 April, 2016. 

The Fund was re-opened to new investors on March 28, 2016, as recent opportunities provided the portfolio manager with a limited amount of additional capacity for the Fund. Existing unitholders of the Fund will continue to be able to make investments into the Fund after it is capped.

Purchase orders by new investors submitted on or before 4:00 pm ET on 7 April, 2016 will be processed.

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