Royal Mutual Funds Inc. today announced the introduction of RBC Advisor Funds, a new family of load mutual funds available to Canadian investors through brokers and independent financial planners.
“This is the next step in the evolution of our business,” said George Lewis, president and CEO, RMF. “RBC Advisor Funds will give Canadians who choose brokers or independent financial planners outside the RBC Royal Bank branch network more flexibility to include our funds in their portfolios.”
RBC Advisor Funds are comprised of 16 funds including diversified fixed income, global balanced, global equity, traditional Canadian and US equity funds. RBC Advisor Funds also include more targeted solutions such as Global Equity Sector Funds, Emerging Market Equities, Global Small Cap Equities and Global High Yield Bonds. These focused mandates provide investors with excellent opportunities to diversify their investment portfolios.
“Traditionally investors have determined their asset allocation based primarily on geographic lines, spreading assets between Canada, the US, Europe and Asia,” said Lewis. “However, the investment environment is shifting and our research indicates that when constructing a portfolio on a global basis, using a sectoral approach can add significant value.”
RBC Advisor Funds also offer investment solutions that help to manage the tax impact of investment success. A tax-advantaged corporate structure allows investors and their advisors to make investment decisions for their portfolio, without being hampered by immediate tax consequences. Not only does this offer flexibility, but the tax deferral provides an opportunity to maximize compound growth.