RBC Global Asset Management says that, effective June 30, the funds within its two socially responsible investing line-ups (PH&N Community Values Funds and RBC Jantzi Funds) will be renamed and become part of the suite of RBC Vision Funds.
This name change is based on mergers that RBC GAM announced in April, in which certain PH&N Community Values Funds will merge with RBC Jantzi Funds to create a cohesive suite of funds with RI mandates.
The continuing RBC Jantzi Funds–along with the Phillips, Hager & North Community Values Bond Fund, which previously wasn’t included–will be renamed and included as part of the RBC Vision Funds suite, as follows:
Current Name |
New Name |
Phillips, Hager & North Community Values |
RBC Vision Bond Fund |
RBC Jantzi Balanced Fund |
RBC Vision Balanced Fund |
RBC Jantzi Canadian Equity Fund |
RBC Vision Canadian Equity Fund |
RBC Jantzi Global Equity Fund |
RBC Vision Global Equity Fund |
Additionally, Phillips, Hager & North Community Values Bond Fund, which will be renamed RBC Vision Bond Fund, will re-open to new investors effective June 30. This fund, which was capped to new investors on July 4, 2016, currently has additional capacity.
Also read:
Big Six banks among Canada’s cleanest companies