RBC makes changes for two private pools

RBC Global Asset Management has announced changes to its Private U.S. Growth Equity Pool and the RBC Private Canadian Growth and Income Equity Pool.

Effective February 13, 2012, the RBC Private Canadian Growth and Income Equity Pool will re-open for new purchases. This will allow existing investors to add to their holdings and enable new investors to purchase the pool for the first time.

The company has initiated a search to identify a replacement sub-advisor for the RBC Private U.S. Growth Equity Pool. The current sub-advisor, Aletheia Research and Management Inc., will continue its role as sub-advisor for the pool until another sub-advisor is identified.

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