February 2009 – Royal Bank of Canada (Suisse)'s RBC Diversified Fund Swiss Franc Fixed Income fund was ranked first in its class of 63 peer group funds.
Market conditions in 2008 were extremely difficult for all asset classes; however the conservative nature of the three funds (US Dollars, Euros and Swiss Francs), as well as excellent management by Eric Fornasari and Alexandre Dugerdil, allowed the sub funds to deliver outstanding returns for investors.
As at the end of October 2008, the Swiss Francs sub fund was ranked 1st amongst its 63 peers for performance, the Euro sub fund was ranked 3rd of 120 funds and the US Dollar fund was ranked 13th of 98 funds. This is the first time Royal Bank of Canada (Suisse) has won a Lipper Fund Award.
The Lipper Fund Awards celebrate the investment industry's top performers. The Awards programme highlights funds that have excelled in delivering consistently strong risk-adjusted performance, relative to peers.