RBC Global Asset Management Inc. has announced changes to the risk ratings of three funds (listed in the table below).

RBC GAM Inc. follows a risk classification methodology based on the approach recommended by IFIC. Each fund’s risk rating is reviewed on an annual basis, or when the fund undergoes a material change. The changes announced today are the result of an annual review. No material changes have been made to the investment objectives, strategies or management of the affected funds.

RBC O’Shaughnessy U.S. Growth Fund Medium to High High
RBC O’Shaughnessy U.S. Growth Fund II Medium to High High
RBC Private O’Shaughnessy U.S. Growth Equity Pool Medium to High High

Originally published on Advisor.ca

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