RBC O’Shaughnessy Canadian Equity Fund and RBC 0’Shaughnesy U.S. Growth Fund Re-opened
- Monday, November 16, 2009, 11:00
- Carousel, Finance, Investing
- 612 views
- Add a comment
RBC Asset Management Inc. announced that effectively today RBC O’Shaughnessy Canadian Equity Fund and RBC 0’Shaughnesy U.S. Growth Fund will re-open to new purchases.
Re-opening the RBC O’Shaughnessy Canadian Equity Fund and RBC 0’Shaughnesy U.S. Growth Fund will allow existing investors to add their holdings, and also enable new investors to purchase both the RBC O’Shaughnessy Canadian Equity Fund and RBC 0’Shaughnesy U.S. Growth Fund.
Based on the current assets of both the RBC O’Shaughnessy Canadian Equity Fund and RBC 0’Shaughnesy U.S. Growth Fund under management, there is sufficient capacity to re-open them to investors.
RBC O’Shaughnessy Canadian Equity Fund has been closed since January 19th, 2007, and its comeback is welcomed. The RBC 0’Shaughnesy U.S. Growth Fund has been closed since June 30th, 2006 and likewise it should be welcomed by investors, both old and new.
RBC Global Asset Management (RBC GAM) comprises of RBC Asset Management Inc (RBC AM), Philips, Hager & North Investment Ltd. (PH&N) and Voyageur Asset Management Inc.
Combined, RBC GAM’s manage approximately $200 billion in assets in Canada and the United States. There is also $100 billion in IFIC reported mutual funds in Canada.
RBC GAM is part of RBC Wealth Management, which serves as affluent and high net worth clients in Canada, the United States, Latin America, Europe and Asia.
Related Posts
About the Author
Sensei has written 1086 stories on this site.
My favorite weapon of choice is the samurai sword. I use it to cut my chicken during dinner, cut my hair and periodically carve my name into stone when I am bored. I love meditating on top of a 15ft high pole and eating those sushi’s with smoked salmon on top.
Write a Comment
Gravatars are small images that can show your personality. You can get your gravatar for free today!
