Staff
RBC Global Asset Management Inc. has announced the reduction of administration fees for certain RBC Funds and PH&N Funds.
The following funds and their applicable series will be reduced, effective immediately:
| Fund | Series | Administration fee | |
|---|---|---|---|
| Current | Effective Oct. 2, 2017 |
||
| RBC Emerging Markets Dividend Fund1 | A, Advisor, D & F | 0.35% | 0.15% |
| RBC Emerging Markets Equity Fund1 | A, Advisor, T5, D, F & FT5 | 0.35% | 0.15% |
| RBC Emerging Markets Small-Cap Equity Fund1 | A, Advisor, D & F | 0.35% | 0.15% |
| RBC Emerging Markets Equity Class | A, Advisor, D & F | 0.10% | 0.02% |
1 Series O will be reduced from 0.25% to 0.15%
In addition, the administration fee for Series O units of the Phillips, Hager & North Overseas Equity Fund; Phillips, Hager & North Currency-Hedged Overseas Equity Fund; Phillips, Hager & North Overseas Equity Pension Trust; and Phillips, Hager & North Global Equity Fund will be reduced to 0.02%.