RBC World Asset Administration Inc. publicizes August gross sales outcomes for RBC Funds, PH&N Funds and Bluebay Funds


Toronto, September 16, 2022 /CNW/ – RBC World Asset Administration Inc. (“RBC GAM Inc.”) as we speak introduced the online redemption of August Mutual Fund $924 million, Web redemption of long-term funds was $643 million and the online redemption of cash market funds was $281 million, Mutual fund belongings beneath administration declined by 2.2 %.

RBC (CNW Group/RBC World Asset Administration Inc.)

“Our groups are dedicated to sustaining a client-first focus, and offering funding options to help them as they navigate this difficult market. doug coulterPresident of RBC World Asset Administration Inc.

Mutual fund sale outcomes data relies on preliminary knowledge from the Funding Fund Institute Canada (IFIC) and solely Canadian prospectus certified mutual funds.

Please seek the advice of your advisor and skim the prospectus or fund info doc earlier than investing. There could also be commissions, trailing commissions, administration charges and bills related to mutual fund investments. Mutual funds will not be assured, their values ​​change often and previous efficiency can’t be replicated. RBC Fund, Bluebay Fund and PH&N Fund are provided by RBC GAM Inc. and distributed by Approved Sellers Canada, RBC GAM Inc. is a member of the RBC GAM group of corporations and is an oblique wholly owned subsidiary of Royal Financial institution of India. Canada,

RBC. about

Royal Financial institution Of Canada is a world monetary establishment with a purpose-driven, principles-led strategy to offer modern efficiency. Our success comes from 92,000+ workers who leverage their imaginations and insights to deliver our imaginative and prescient, values ​​and technique to life in order that we may help our clients thrive and communities prosper. as Canadian One of many world’s largest and world’s largest banks by market capitalization, we’ve a various enterprise mannequin that focuses on innovation and delivers distinctive experiences to our 17 million clients. Canada, America and 27 different nations. Be taught extra at rbc.com.

We’re proud to help a variety of neighborhood initiatives by donations, neighborhood investments and worker volunteer actions. See how at rbc.com/community-social-impact.

About RBC World Asset Administration

RBC World Asset Administration (RBC GAM) is the asset administration division of Royal Financial institution of Canada (RBC) and consists of cash managers Bluebay Asset Administration and Philips, Hager & North Funding Administration. RBC GAM is a supplier of world funding administration companies and options for institutional, high-net-worth and particular person traders in segregated accounts, pooled funds, mutual funds, hedge funds, exchange-traded funds and specialised funding methods. The RBC GAM group of corporations manages approx. $540 billion and roughly 1,500 workers are situated within the property Canada, United States, Europe And Asia,

Supply RBC World Asset Administration Inc.

Decision

Resolution

To obtain the multimedia see the unique content material: http://www.newswire.ca/en/releases/archive/September2022/16/c1216.html



Supply hyperlink