RBC Funds Inc. is expanding its existing family of load funds to include 11 new Advisor Series funds.
The Advisor Series, which has historically been available only as a no-load product, is now available to Canadian investors through brokers and independent financial planners.
“We continue to expand distribution beyond RBC Royal Bank branches to brokers and independent financial planners,” said Jonathan Hartman, vice president, RBC Funds Inc. “The expansion of our load fund family follows the steady growth of our balances within the advisory channels.”
The 11 funds include seven ready-made ‘fund of funds’ solutions delivering automatic professional diversification and convenience to clients.
The following funds in the new Advisor Series are now available with multiple purchase options including front-end loads, back-end loads, F-Series pricing, as well as low-load options:
The funds and portfolios are:
- Royal Balanced Fund
- Royal Balanced Growth Fund
- Royal Canadian Equity Fund
- Royal European Equity Fund
Royal Select Conservative Portfolio- Royal Select Balanced Portfolio
- Royal Select Growth Portfolio
- Royal Select Choices Conservative Portfolio
- Royal Select Choices Balanced Portfolio
- Royal Select Choices Growth Portfolio, and
- Royal Select Choices Aggressive Growth Portfolio