RBC Global Asset Management Inc. expands product lineup with new currency neutral investment solutions

TORONTO, May 16, 2016 /CNW/ - RBC Global Asset Management Inc. today announced the launch of three new currency neutral investment solutions, now available to Canadian investors.

• RBC U.S. Dividend Currency Neutral Fund
• RBC QUBE Low Volatility U.S. Equity Currency Neutral Fund
• RBC Global Dividend Growth Currency Neutral Fund.

These Funds aim to provide long-term capital growth while minimizing the exposure to currency fluctuations relative to the Canadian dollar. They are suitable for investors who are looking to protect their investments from volatility in the currency markets.                   

The management fees for the Funds are outlined in the table below.

FUND	SERIES A	ADVISOR SERIES	ADVISOR T5 SERIES	SERIES T5	SERIES F	SERIES FT5	SERIES D
RBC U.S. Dividend Currency Neutral Fund	1.60%	1.60%	1.60%	1.60%	0.60%	0.60%	0.85%
RBC QUBE Low Volatility U.S. Equity Currency Neutral Fund	1.60%	1.60%	-	1.60%	0.60%	0.60%	0.85%
RBC Global Dividend Growth Currency Neutral Fund	1.75%	1.75%	-	1.75%	0.75%	0.75%	1.00%

The Funds are also available to institutional investors through Series O.

RBC Funds are offered by RBC Global Asset Management Inc. and distributed through authorized dealers. Please 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.

About RBC Global Asset Management
RBC Global Asset Management (RBC GAM) is the asset management division of Royal Bank of Canada (RBC) and includes 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 more than $380 billion in assets and have approximately 1,300 employees located across Canada, the United States, Europe and Asia.

SOURCE RBC

Leah Commisso, RBC GAM Corporate Communications, 416-955-6498