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 | ||
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% | ||
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% | ||
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% | ||
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% |