Toronto-based RBC Global Asset Management Inc. announced on Friday that RBC Private O’Shaughnessy U.S. Growth Equity Pool will close on Oct. 30.

Unitholders may redeem or switch their holdings in the pool until the market closes on Oct. 30. At that time, any remaining units will be redeemed and the proceeds will be distributed to unitholders. In the case of registered plans, the redemption proceeds will remain within the plan, according to the firm’s announcement.

The pool is being closed because of its small size and duplication with existing investment mandates.