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Wealth Professional | 13 Dec 2016, 08:15 AM Agree 0
RBC Global Asset Management unveils retirement solutions catering to different investment horizons
  • truthseeker | 13 Dec 2016, 01:16 PM Agree 0
    These are just target date funds wrapped in the "Retirement Portfolio" name, there is nothing new or interesting here. I suppose RBC felt they had to come to the table (albeit late) as BMO and TD are leading the way in this space. RBC hasnt done anything new or great here and they havent done anything different than they already do with their existing fund lineup. Its a marketing gimmick from the bloated big blue bank. BMO actually built an entirely new structure and built holdings specifically for their Retirement portfolios. TD has done something similar in building their retirement portfolios. Nobody wants another target date fund, whoever thought this was a good idea for the retirement space should be demoted and needs a reality check as the world wants innovation not more of the same.
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