RBC Global Asset Management announced Jan. 25 the expansion of the RBC Fixed Income Pools with the launch of the RBC $U.S. Core Bond Pool and RBC $U.S. Core Plus Bond Pool.
RBC GAM says the new offerings will enable its fixed income pool clients to invest in U.S. dollars if they prefer.
RBC GAM says that its suite of fixed income pools is “designed to provide Canadian investors with an efficient and cost-effective way to access fixed income markets around the world.” The suite leverages the global fixed income investment expertise of RBC Global Asset Management, Phillips, Hager and North Investment Management and BlueBay Asset Management.
"Since launching in 2018, RBC Fixed Income Pools have been amongst our top selling solutions, attracting over $7 billion in assets," said Doug Coulter, President, RBC GAM Inc. "The depth of investment expertise and global diversification offered by this suite clearly resonates with Canadian investors and advisors, and we are proud to expand the suite to offer even more choice."
The funds are constructed to align to specific risk and return profiles, and invest in core global bonds, high yield corporate bonds, emerging market currencies, and corporate and sovereign debt.