RBC Asset Management Inc. will terminate the RBC Private U.S. Equity Pool on April 28, the company announced today.

Pool will be closed to new purchases effective March 1. Unitholders in the pool and their advisors have until April 28, 2006 to redeem their units, at which time any remaining units will be automatically redeemed into cash.

For Series F units, distributions will continue to be re-invested in units of the pool until April 28, 2006, unless other arrangements have been made with RBC Asset Management Inc.

“The decision to close this pool was made due to its small size and the manager’s assessment of limited future asset growth potential,” the company said in a release.