RBC GAM lowers admin fees for bond fund

By Staff | November 15, 2018 | Last updated on November 15, 2018
1 min read

The administration fees for five series of the RBC Emerging Markets Bond Fund will be lowered, effective Jan. 1, 2019.

For Series A, D and F, and for the Advisor Series, the fee will drop from 0.10% to 0.05%. For Series O, the fee will be lowered from 0.10% to 0.02%.

The adjustments are being made based on regular reviews of fees, the bank says in a release.

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The staff of Advisor.ca have been covering news for financial advisors since 1998.