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RBC Global Asset Management Inc. launches new Low Volatility Global Equity Fund

TORONTO, April 8, 2013 – RBC Global Asset Management Inc. today announced the launch of the RBC QUBE Low Volatility Global Equity Fund. This fund is now available for purchase by individual and institutional investors in Canada.

"We are pleased to take the next step in continuing to expand our quantitative investment solutions for Canadian investors with the launch of a truly global fund," said Bill Tilford, head of Quantitative Investments at RBC Global Asset Management. "Like our other low-volatility solutions, this fund seeks to provide investors with 30 percent less volatility than a standard equity portfolio, as well as downside protection and strong risk-adjusted return potential."

The RBC QUBE Low Volatility Global Equity Fund, in addition to the RBC QUBE Low Volatility Canadian Equity Fund and RBC QUBE Low Volatility U.S. Equity Fund, is suitable for investors who are seeking a defensive core equity investment with the potential to earn equity-like returns, but with less volatility than a traditional equity portfolio. The low-volatility strategies use a custom risk model that is designed to measure and forecast risk, monitored daily and adjusted to deal with changes to risk and return profiles.

RBC QUBE Low Volatility Global Equity Fund is available to individual investors through four low-fee options: Series A; Advisor Series; Series F (available via financial advisors); and Series D (available via direct-to-client platforms, PH&N Investment Services and RBC Direct Investing).

The management fee for the fund is outlined in the table below:

MANAGEMENT FEE (%) 1.85 1.85 0.85 1.10

Please read the prospectus before investing. There may be commissions, trailing commissions, management fees and expenses associated with mutual fund investments. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

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 $280 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$593 billion of assets under administration, more than C$353 billion of assets under management and approximately 4,300 financial consultants, advisors, private bankers and trust officers.

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For more information, contact:
Jeff Keay, RBC GAM Communications, 416 955-5916
Leah Commisso RBC GAM Media Relations, 416 955-6498