TORONTO, Nov. 8, 2018 /CNW/ - RBC Global Asset
Management Inc. (RBC GAM) was recognized for its investment
excellence last evening at the 2018 Lipper Canada Fund Awards in
Toronto. The firm received two
Overall Group awards: PH&N Funds in the Bond – Canada classification and PH&N Funds in
the Overall – Canada
classification.
RBC GAM's Fund Families* have been consistently recognized by
Lipper since the awards inception, having won Best Overall Funds
Group nine times and Best Bond Funds Group ten times over the past
12 years1.
"We are honoured to be once again recognized for the solid and
consistent results of our investment teams," said Dan Chornous, Chief Investment Officer of RBC
GAM. "I want to congratulate RBC GAM's teams for their commitment
and discipline, and thank Canadian advisors and investors for their
unwavering trust and support."
In addition to the Group awards, RBC GAM also won 10 individual
fund awards in the following categories: Canadian Dividend &
Income Equity, Canadian Fixed Income Canadian Neutral Balanced,
Canadian Short Term Fixed Income, Canadian Small/Mid Cap Equity and
US Small/Mid Cap Equity.
The Lipper Fund Awards recognize funds and fund management firms
that have delivered strong, consistent performance. The Lipper Fund
Awards take place in 23 countries in Asia, Europe,
MENA, and the Americas. Lipper designates award-winning funds in
most individual classifications for the three-, five-, and ten-year
periods and fund families with high average scores for the
three-year time period. The top three-year classification winners
and fund family winners receive trophies at the ceremonies.
For a full list of this year's winners, please visit the Lipper
Canada Fund Awards website.
*RBC GAM's Fund
Families include RBC Funds, PH&N Funds and BlueBay
Funds.
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Best Overall Funds
Group (2014, 2008, 2007 - RBC Funds; 2018, 2016, 2010-2013 –
PH&N Funds) and Best Bond Funds Group (2015 – RBC GAM; 2018,
2016, 2010-2013, 2007-2008 – PH&N Funds; 2009 – RBC
Funds).
Lipper Awards were
based on best risk-adjusted performance for the periods ended July
31, 2018, 2016, 2015 and 2014; October 31, 2012, 2011 and 2010;
November 30, 2009; and December 31, 2008, 2007 and 2006. From
Thomson Reuters Lipper Awards, ©2018 Thomson Reuters. All rights
reserved. Used by permission and protected by the Copyright Laws of
the United States. The printing, copying, redistribution, or
retransmission of this Content without express written permission
is prohibited.
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Please consult your advisor and read the prospectus or Fund
Facts document 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. RBC
Funds, BlueBay Funds and PH&N Funds are offered by RBC GAM Inc.
and distributed through authorized dealers. RBC GAM Inc. is a
member of the RBC GAM group of companies and an indirect
wholly-owned subsidiary of Royal Bank of Canada.
About RBC Global Asset 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 and Phillips, Hager & North
Investment Management. RBC GAM is a provider of global investment
management services and solutions to institutional, high-net-worth
and individual investors through separate accounts, pooled funds,
mutual funds, hedge funds, exchange-traded funds and specialty
investment strategies. The RBC GAM group of companies manages
approximately $400 billion in assets and has approximately
1,400 employees located across Canada, the United
States, Europe and
Asia.
SOURCE RBC Global Asset Management