RBC Funds Inc. today announced proposed changes to the underlying fund holdings of all four of the Royal Select Choices Portfolios.

These changes are the result of RBC Funds’ ongoing review and monitoring of the portfolios’ asset mix, as well as changes necessary to comply with regulatory requirements.

Underlying funds in the Royal Select Choices Portfolios may be added, removed or changed in weighting by RBC Funds Inc., provided an amendment to the simplified prospectus is filed with Canadian securities regulators.

Notice of these changes will be provided to unitholders in April with implementation of these changes to begin no earlier than June 13, 2002.

The Portfolios are Royal Select Choices Income Portfolio, Royal Select Choices Balanced Portfolio, Royal Select Choices Growth Portfolio and Royal Select Choices Aggressive Growth Portfolio.