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RBC Global Asset Management receives 10 awards
for 2012 fund performance
TORONTO, January 29, 2013 - RBC Global Asset Management
Inc. has been recognized for delivering consistently outstanding
results for its clients with 10 awards at the annual Fundata
A+ Awards, held on January 24, 2013, in Toronto and last night
in Vancouver.
"It is an honour to be recognized for the breadth and
depth of our talent in fixed income and equity investing,"
said Dan Chornous, chief investment officer of RBC Global
Asset Management. "These awards reflect the diligence
and dedication of our investment professionals, who focus
on delivering exceptional value to our clients year in and
year out. I would like to congratulate the teams, and thank
our clients for their confidence and trust."
The following RBC GAM Funds were recognized:
|
FUND
|
AWARD
|
| PH&N
Canadian Equity Value Fund |
A+
Grade Award
|
|
RBC
Canadian Equity Income Fund
|
A+
Grade Award
|
|
RBC Global Corporate Bond Fund
|
A+
Grade Award
|
|
RBC
Global High Yield Bond Fund
|
A+
Grade Award
|
|
RBC
Monthly Income Fund
|
A+
Grade Award
|
|
RBC
North American Value Fund
|
A+
Grade Award
|
|
RBC
O'Shaughnessy All-Canadian Equity Fund
|
A+
Grade Award
|
|
RBC
O'Shaughnessy U.S. Value Fund Series A
|
A+
Grade Award
|
|
PH&N
High Yield Bond Fund
|
A
Grade Certificate
|
|
RBC
Global Resources Fund
|
A
Grade Certificate
|
The RBC Canadian Equity Income Fund, RBC Global Corporate
Bond Fund, RBC North American Value Fund, RBC O'Shaughnessy
All-Canadian Equity Fund, RBC O'Shaughnessy U.S. Value Fund,
and PH&N High Yield Bond Fund won Fundata A+ Awards in
2011.
The FundGrade A+ Rating identifies funds with the best risk-adjusted
returns and the highest level of consistency. The FundGrade
A+ Rating is awarded annually to funds that achieve consistently
high FundGrade scores through an entire calendar year.
Fundata Canada Inc. is a leading data provider that focuses
exclusively on the Canadian Mutual Fund industry. Fundata's
FundGrade rating system assists investors, advisors, and portfolio
managers objectively rank investment funds within the Canadian
investment fund universe. The FundGrade rating system assigns
a letter grade to more than 7,000 investment funds, providing
a quick and easy tool for ranking funds based on historic
risk-adjusted returns.
About RBC Global Asset
Management and RBC Wealth Management
RBC Global
Asset Management
(RBC GAM) is the asset management division of Royal Bank
of Canada (RBC), and includes institutional money managers
BlueBay Asset Management, Phillips, Hager & North Investment
Management and RBC Global Asset Management (U.S.). RBC GAM
is a provider of global investment management services and
solutions to individual, high-net-worth and institutional
investors through exchange-traded funds, hedge funds, mutual
funds, pooled funds, separate accounts and specialty investment
strategies. RBC GAM group of companies manage more than $270
billion in assets and have approximately 1,000 employees located
across Canada, the United States, Europe and Asia.
RBC Global Asset Management is part of
RBC Wealth Management,
which is one of the world's top 10 largest wealth managers.
RBC Wealth Management directly serves affluent, high-net-worth
and ultra-high-net-worth clients in Canada, the United States,
Latin America, Europe, the Middle East, Africa and Asia with
a full suite of banking, investment, trust and other wealth
management solutions. The business also provides asset management
products and services directly and through RBC and third-party
distributors to institutional and individual clients, through
its RBC Global Asset Management business (which includes BlueBay
Asset Management). RBC Wealth Management has more than C$577
billion of assets under administration, more than C$339 billion
of assets under management and approximately 4,300 financial
consultants, advisors, private bankers and trust officers.
- 30 -
For more information, please contact:
Yen To, RBC GAM Communications,
416 955-5916
Leah Commisso,
RBC GAM Media Relations, 416 955-6498
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