RBC and Jantzi partner to provide socially responsible investing
RBC Jantzi Funds a first among Canadian banks
VANCOUVER, British Columbia, July 4, 2007 —
RBC Asset Management today announced the launch of three funds
- the RBC Jantzi Balanced Fund, the RBC Jantzi Canadian Equity
Fund and the RBC Jantzi Global Equity Fund. Through its partnership
with Jantzi Research Inc., RBC will be the first major Canadian
bank to offer investors the option of socially responsible
investing (SRI). The RBC Jantzi Funds provide new options
for the growing number of investors who believe environmental,
social and governance factors should be a primary consideration
in making investment decisions.
"The RBC Jantzi Funds are designed for long-term investors
who want to invest all or a portion of their portfolio in
funds that screen investments for social, environmental and
governance factors first," said Brenda Vince, president
of RBC Asset Management. "We deliver this through the
combination of Jantzi's widely respected SRI screening skills
and RBC Asset Management's strong investment process. The
RBC Jantzi Funds are where socially responsible meets financially
responsible."
Jantzi Research Inc. is an independent investment research
firm formed in 1992 to monitor the environmental, social,
and governance performance of global securities. Its Best-of-Sector™
screening model is the most recognized socially responsible
investment screening process in Canada.
"Jantzi Research is proud to be partnering with RBC
as it becomes the first mainstream Canadian financial institution
to launch a SRI mutual fund family. RBC has long been known
as a leading financial services company and corporate citizen
in Canada, a position reinforced by the launch of the RBC
Jantzi Funds," said Michael Jantzi, president, Jantzi
Research Inc. "The combination of Jantzi Research's leading-edge
environmental, social and governance analysis with RBC Asset
Management's proprietary multi-disciplined money management
process provides new opportunities for the growing number
of Canadians who wish to align their financial decisions with
their environmental and social values."
The RBC Jantzi Funds are available at all RBC branches, through
RBC Dominion Securities Investment Advisors and a wide range
of independent distributors in no-load and F-series. D-series
versions of the RBC Jantzi Funds are available exclusively
through RBC Direct Investing.
RBC Asset Management Inc.
RBC Asset Management Inc. is an indirect, wholly owned subsidiary
of Royal Bank of Canada. RBC Asset Management Inc. provides
a broad range of investment services to investors through
mutual funds, pooled funds and separately managed portfolios.
With offices in major financial centres around the world,
RBC Asset Management Inc. is one of Canada's largest money
managers. RBC Asset Management's mutual fund family was awarded
the "Best Overall Fund Group" in Canada for 2007
by Lipper Inc. The prestigious award is part of a global program
of events held by Lipper in 21 countries to highlight funds
and fund families that excel in delivering consistently strong
risk-adjusted performance relative to their peers. Visit our
website at www.rbcam.com.
RBC Asset Management is part of RBC Wealth management which
directly serves affluent and high net worth clients in Canada,
the United States, Latin America, Europe and Asia, provides
asset management and trust services through RBC partners and
third-party distributors and has over $500 billion of assets
under administration, 3,500 financial advisors and $150 billion
of asset under management.
Jantzi Research Inc.
Jantzi Research is an independent investment research firm
that was formed in 1992. The firm evaluates and monitors the
environmental, social and governance performance of global
securities. The Jantzi Research Best-of-Sector methodology
is the most widely recognized screening process in the Canadian
investment market. The company also provides a comprehensive
analysis of approximately 300 Canadian companies and income
trusts and, through strategic partnerships, provides coverage
of the Russell 3000 Index (US) and MSCI World Index.
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For further information, please contact:
Rina Cortese, RBC Asset Management, 416-974-6970, rina.cortese@rbc.com
Chris Carradine, Jantzi Research Inc., 416-861-0403, ccarradine@jantziresearch.com
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