The new offerings promise to be an efficient and cost-effective way to invest in fixed-income markets
RBC Global Asset Management (RBC GAM) has launched RBC Fixed Income Pools, actively managed offerings that leverage the expertise and capabilities and expertise of fixed-income teams from RBC GAM, Phillips, Hager & North Investment Management and BlueBay Asset Management.
“RBC Global Asset Management has earned a reputation as a leader in fixed income investment solutions,” said RBC GAM President Doug Coulter. “With the new RBC Fixed Income Pools, Canadian Investors will be able to draw on the deep experience and knowledge from our teams of specialists across RBC Global Asset Management with three low risk solution options that provide strong diversification and attractive yields.”
The three pools, each with a management fee of 0.40%, are available in Series F to investors through full-service investment dealers:
- RBC Conservative Bond Pool – has a focus on shorter-term investment-grade Canadian bonds and modest amounts of diversified global investment-grade, high-yield, emerging-market debt and emerging-market currencies;
- RBC Core Bond Pool – has an emphasis on core global investment-grade bonds and higher-yielding assets; and
- RBC Core Plus Bond Pool – offers increased exposure to core global funds, high-yield corporate bonds, convertibles and emerging-market currencies, corporate, and sovereign debt.
Each pool starts with investments in Canadian investment-grade bonds; risk diversification and enhanced yield are provided by allocations to global government, corporate, high-yield, and emerging-market bonds. Allocations to emerging-market currencies as well as developed-market currencies provide another layer of diversification.