RBC offers low-price units for wealthy

RBC Global Asset Management has launched several Series H and Series I units for the Canadian market. They’re available across 31 funds, including RBC Funds, PH&N Funds, BlueBay Funds and RBC Corporate Class Funds. “Our new pricing model offers fee savings for clients with more than $200,000 to invest,” says Doug Coulter, president of RBC […]

By Staff | July 9, 2012 | Last updated on July 9, 2012

2 min read

RBC Global Asset Management has launched several Series H and Series I units for the Canadian market.

They’re available across 31 funds, including RBC Funds, PH&N Funds, BlueBay Funds and RBC Corporate Class Funds.

“Our new pricing model offers fee savings for clients with more than $200,000 to invest,” says Doug Coulter, president of RBC Global Asset Management.

Subsequent minimum investments are $5,000 and both series are available through financial advisors. Series I is only available for fee-based accounts, however.

FUND	MANAGEMENT FEE		MINIMUM INVESTMENT
FUND	SERIES H	SERIES I	INITIAL	ADDITIONAL
RBC Funds
RBC Premium Money Market Fund	–	Up to 0.10%	$5,000,000	$5,000
RBC Premium $U.S. Money Market Fund*	–	Up to 0.15%	$5,000,000	$5,000
RBC Bond Fund	–	0.40%	$200,000	$5,000
RBC Jantzi Balanced Fund	–	0.80%
RBC Jantzi Canadian Equity Fund	–	0.60%
RBC U.S. Equity Fund	–	0.60%
RBC U.S. Equity Fund (US$)*	–	0.60%
RBC O’Shaughnessy U.S. Value Fund	–	0.60%
RBC O’Shaughnessy International Equity Fund	–	0.75%
RBC Emerging Markets Equity Fund	–	0.60%
RBC Global Dividend Growth Fund	–	0.60%
RBC Jantzi Global Equity Fund	–	0.60%
RBC Global Precious Metals Fund	–	0.60%
RBC Global Resources Fund	–	0.60%
PH&N Funds
PH&N Short Term Bond & Mortgage Fund	0.90%	0.40%	$200,000	$5,000
PH&N Monthly Income Fund	1.50%	0.50%	$200,000	$5,000
BlueBay Funds
BlueBay Global Monthly Income Bond Fund	1.55%	0.80%	$200,000	$5,000
BlueBay Emerging Markets Corporate Bond Fund*	1.60%	0.85%	$200,000	$5,000
RBC Corporate Class Funds
RBC Short Term Income Class	Up to 0.60%	Up to 0.40%	$200,000	$5,000
PH&N Total Return Bond Class	0.90%	0.40%
RBC High Yield Bond Class	1.10%	0.60%
RBC Canadian Equity Income Class	1.65%	0.60%
RBC Canadian Dividend Class	1.45%	0.60%
RBC Canadian Equity Class	1.65%	0.60%
RBC Canadian Mid Cap Equity Class	1.65%	0.60%
RBC North American Value Class	1.65%	0.60%
RBC U.S. Equity Class	1.65%	0.60%
PH&N U.S. Multi-Style All-Cap Equity Class	1.60%	0.60%
PH&N Overseas Equity Class	1.75%	0.75%
RBC Emerging Markets Equity Class	1.70%	0.70%
RBC Global Resources Class	1.75%	0.60%

Staff

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

Staff

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