RBC Global Asset Management has launched the RBC Balanced Growth & Income Class, and the U.S.-dollar version of its BlueBay Global Convertible Bond Fund.

Since its inception in 2013, the bank’s Balanced Growth & Income Fund has grown. The new corporate class version of the fund will cater more to clients who have non-registered investments, and it will be available as Series A, Advisor Series, Series F, Series H and Series I.

The management fees are as follows.

Management Fee %
Series A Advisor Series F Series H* Series I*
2.09 2.09 0.96 1.92 0.79

*Series H and I are available to wealthy investors, with a minimum investment of $200,000 CAD.

The U.S.-dollar version of the BlueBay Global Convertible Bond Fund has been designed for investors who want exposure to global convertible bonds, and who are seeking new U.S. dollar options. It’s available through Series A, Advisor Series, Series F, Series H and Series I.

The management fees are as follows.

Management Fee %
Series A Advisor Series F Series H* Series I*
2.15 2.15 1.30 1.86 1.02

*Series H and I are available to wealthy investors, with a minimum investment of $200,000 CAD.

Both of the offerings will also be available to institutional investors through Series O.

Originally published on Advisor.ca

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