RBC Asset Management Inc. has reduced the management fees on nine international and global equity funds, effective. This fee reduction represents the fourth such announcement from RBC Asset Management in the past 12 months, including lowering management fees for the RBC Managed Portfolios program, the RBC DS Focus Funds and the RBC North American Dividend Fund.
“For Canadian investors looking to diversify their portfolios beyond Canada, mutual funds have helped make global investing as easy and convenient as investing here at home,” says Brenda Vince, the president of RBC Asset Management. “But investing outside Canada shouldn’t just be convenient, it should also offer investors good value. As a leading provider of global investment solutions, we are committed to continuously improving the value we deliver to our investors, not only when investing in Canada, but also when they invest in foreign markets.”