TORONTO, Feb. 8, 2019 /CNW/ - RBC Global Asset Management
Inc. (RBC GAM Inc.) today announced that Beutel, Goodman &
Company Ltd. has been appointed as sub-advisor of RBC Private
Canadian Growth & Income Equity Pool (the "Pool"). The name of
the Pool will also be changed to RBC Private Fundamental Canadian
Equity Pool. These changes are effective February 27, 2019.
The Pool's new name more clearly identifies its investment
strategy and process. There is no change to the Pool's investment
objectives.
Established in 1967, Beutel, Goodman & Company Ltd. is a
privately-owned, independent Canadian investment manager and offers
its investment management expertise to institutional, private
wealth and retail clients.
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, PH&N Funds and BlueBay Funds are offered by RBC Global
Asset Management 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 manage approximately $425 billion in assets and have approximately
1,400 employees located across Canada, the United
States, Europe and
Asia.
SOURCE RBC