RBC Asset Management Inc. today launched the RBC Canadian Diversified Income Trust Fund.“At 10% of the S&P/TSX Composite Index, income trusts have grown to represent a significant part of the Canadian market, which we expect to continue to grow,” said Brenda Vince, president, RBC Asset Management Inc. “Currently at RBC Asset Management, we manage over […]
Fund aims to maximize capital growth by investing its assets primarily in equities of Canadian natural resource companies
Company has primarily attracted investments from several well-established family offices and financial institutions
Fund will be managed by Lazard's Haynes
Fund invests in companies trading in Hong Kong, Taiwan, Singapore and China
Fund closes with $70 million in capital commitments
Notes have 100% principal repayment guarantee and exposure to hedge funds
New class allows investors to pay a fee rather than a sales charge
"Solutions" portfolios contain five to nine underlying funds
Investors Canadian Growth: IG Mackenzie Maxxum Canadian Equity Growth