MINNEAPOLIS, Jan. 9, 2023 /PRNewswire/ – RBC International Asset Administration (“RBC GAM”) at the moment introduced the launch of the RBC Rising Markets ex-China Fairness Fund, a brand new mutual fund offering U.S. traders with the chance to spend money on a variety of equities throughout rising markets.

The RBC Rising Markets ex-China Fairness Fund invests primarily in a centered portfolio of top of the range mid-size and enormous international firms positioned in rising market economies, excluding China. The fund follows the identical philosophy and course of as RBC GAM’s present RBC Rising Markets Fairness Fund, however excludes Chinese language firms. This new fund enhances RBC GAM’s present Rising Markets Fairness product suite and its RBC China Fairness Fund. The fund is designed for traders who’re in search of to diversify their portfolio by together with long-term development alternatives in rising markets. RBC GAM’s Rising Markets Fairness staff constructed the funding technique utilizing a powerful analysis platform with environmental, social and governance (“ESG”) integration.

The fund launched on December 15, 2022 and it’s managed by Philippe Langham, Senior Portfolio Supervisor and Head of Rising Markets Equities at RBC International Asset Administration (UK) Restricted and supported by a staff together with portfolio managers Ashna Yarashi-Shah and Veronique Erb, all primarily based in London, UK.

“Given China’s vital market measurement and traders’ combined views on the nation’s structural outlook, we’re discovering an rising demand from traders on the lookout for an Rising Markets ex-China answer,” stated Mr. Langham. “RBC International Asset Administration is happy to launch the RBC Rising Markets ex-China Fairness Fund as a specialised answer for traders who need to acquire extra management over their China publicity whereas investing in rising markets.”

The RBC Rising Markets ex-China Fairness Fund is offered in Class I, Class A, and Class R6 shares. The identifiers for the shares are listed beneath.

Extra details about RBC GAM’s U.S. mutual funds might be discovered at 
https://us.rbcgam.com/mutual-funds/default.fs

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About RBC

Royal Financial institution of Canada is a worldwide monetary establishment with a purpose-driven, principles-led strategy to delivering main efficiency. Our success comes from the 95,000+ workers who leverage their imaginations and insights to convey our imaginative and prescient, values and technique to life so we can assist our shoppers thrive and communities prosper. As Canada’s greatest financial institution and one of many largest on the earth, primarily based on market capitalization, we’ve a diversified enterprise mannequin with a concentrate on innovation and offering distinctive experiences to our 17 million shoppers in Canada, the U.S. and 27 different international locations. Be taught extra at rbc.com.

We’re proud to help a broad vary of group initiatives by donations, group investments and worker volunteer actions. See how at rbc.com/community-social-impact.

About RBC International Asset Administration

RBC International Asset Administration (RBC GAM) is the asset administration division of Royal Financial institution of Canada (RBC) and consists of cash managers BlueBay Asset Administration and Phillips, Hager & North Funding Administration. RBC GAM is a supplier of worldwide funding administration companies and options to institutional, high-net-worth and particular person traders by separate accounts, pooled funds, mutual funds, hedge funds, exchange-traded funds and specialty funding methods. The RBC GAM group of firms handle roughly $540 billion CAD in belongings and have roughly 1,500 workers positioned throughout Canada, america, Europe and Asia.

BEFORE INVESTING, YOU SHOULD CAREFULLY CONSIDER A FUND’s INVESTMENT OBJECTIVES, RISKS, CHARGES, AND EXPENSES. THIS AND OTHER INFORMATION IS IN THE PROSPECTUS, WHICH YOU CAN REQUEST BY CALLING 800.422.2766. PLEASE READ THE PROSPECTUS CAREFULLY BEFORE INVESTING.

Mutual fund investing entails danger. Principal loss is feasible. The Fund invests in international securities, which contain larger volatility and political, financial, and forex dangers, and variations in accounting strategies. These dangers could also be larger in rising markets. The Fund is new with no working historical past. Because of this, potential traders haven’t any observe report or historical past on which to base their funding choices. A Fund’s consideration of ESG components might trigger it to carry out in another way in comparison with funds that don’t take ESG components into consideration.

Diversification doesn’t guarantee a revenue or shield in opposition to loss in a declining market.

The RBC Funds are distributed by Quasar Distributors, LLC. Securities are supplied by RBC Wealth Administration, a division of RBC Capital Markets, LLC, member NYSE/FINRA/SIPC.

NOT FDIC INSURED. NO BANK GUARANTEE. MAY LOSE VALUE.

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SOURCE RBC International Asset Administration (U.S.)