TORONTO, Nov. 17,
2022 /CNW/ - RBC Global Asset Management Inc.
("RBC GAM Inc.") was recognized today for its outstanding
investment performance at the Refinitiv Lipper Fund Awards 2022
Canada.
"I would like to thank Refinitiv Lipper Funds Awards Canada for
recognizing the hard work of our investment teams in 2022," said
Dan Chornous, Chief Investment
Officer of RBC Global Asset Management Inc. "The past year has been
characterized by challenging markets stemming from high inflation,
rising interest rates and risks to economic growth. I would like to
thank our investment teams, product specialists and support staff
for their focus on delivering solid investment performance to our
clients."
RBC GAM Inc. won 11 individual fund awards in the following
categories:
Mutual Fund/ETF
Name
|
Canadian Investment
Funds Standards
Committee ("CIFSC") Category
|
Periods
Recognized
|
RBC Retirement 2030
Portfolio
Series F
|
2030 Target Date
Portfolio
|
3 and 5
years
|
RBC Managed Payout
Solution-
Enhanced Plus Series F
|
Canadian Neutral
Balanced
|
5 years
|
RBC Emerging Markets
Equity
Series F
|
Emerging Markets
Equity
|
10 years
|
RBC European Equity
Series F
|
European
Equity
|
3 and 10
years
|
RBC Select
Conservative
Portfolio Series FT5
|
Global Fixed Income
Balanced
|
5 years
|
PH&N Vintage Fund
Series F
|
Canadian
Equity
|
10 years
|
RBC Target 2022
Corporate
Bond Index ETF
|
Canadian Short Term
Fixed Income
|
3 and 5
years
|
RBC Canadian Bank Yield
Index
ETF
|
Financial Services
Equity
|
3 years
|
For more information, please visit rbcgam.com.
Please consult your advisor and read the prospectus, ETF Facts
or Fund Facts document before investing. There may be commissions,
trailing commissions, management fees and expenses associated with
mutual fund and exchange-traded fund (ETF) investments. Mutual
funds and ETFs are not guaranteed, their values change frequently
and past performance may not be repeated. ETF units are bought and
sold at market price on a stock exchange and brokerage creturns.
RBC ETFs are managed by RBC Global Asset Management Inc., which is
a member of the RBC GAM group of companies and an indirect wholly
owned subsidiary of Royal Bank of Canada. RBC Funds, BlueBay Funds and PH&N
Funds are offered by RBC Global Asset Management Inc. and
distributed through authorized dealers.
About RBC
Royal Bank of Canada is a
global financial institution with a purpose-driven, principles-led
approach to delivering leading performance. Our success comes from
the 92,000+ employees who leverage their imaginations and insights
to bring our vision, values and strategy to life so we can help our
clients thrive and communities prosper. As Canada's biggest bank and one of the largest
in the world, based on market capitalization, we have a diversified
business model with a focus on innovation and providing exceptional
experiences to our 17 million clients in Canada, the U.S. and 27 other countries. Learn
more at rbc.com.
We are proud to support a broad range of community initiatives
through donations, community investments and employee volunteer
activities. See how at rbc.com/community-social-impact.
About RBC Global Asset
Management
RBC Global Asset Management (RBC GAM) is the asset
management division of Royal Bank of Canada (RBC) and includes money managers
BlueBay Asset Management and Phillips, Hager & North Investment
Management. RBC GAM is a provider of global investment management
services and solutions to institutional, high-net-worth and
individual investors through separate accounts, pooled funds,
mutual funds, hedge funds, exchange-traded funds and specialty
investment strategies. The RBC GAM group of companies manage
approximately $540 billion in assets
and have approximately 1,500 employees located across Canada, the United
States, Europe and
Asia.
About Refinitiv Lipper Fund
Awards
The Refinitiv Lipper Fund Awards, granted annually, highlight
funds and fund companies that have excelled in delivering
consistently strong risk-adjusted performance relative to their
peers. The Refinitiv Lipper Fund Awards are based on the Lipper
Leader for Consistent Return rating, which is a risk-adjusted
performance measure calculated over 36, 60 and 120 months. The fund
with the highest Lipper Leader for Consistent Return (Effective
Return) value in each eligible classification wins the Refinitiv
Lipper Fund Award. For more information, see lipperfundawards.com.
Although Refinitiv Lipper makes reasonable efforts to ensure the
accuracy and reliability of the data contained herein, the accuracy
is not guaranteed by Refinitiv Lipper.
Lipper Awards were based on best risk-adjusted performance for
the periods ended July 31, 2022.
RBC Retirement 2030 Portfolio Series F was awarded the 2022
Lipper Fund Award in the 2030 Target Date portfolio category for
the three- and five-year period ending July 31, 2022 out
of a total of 10 funds. Performance for the fund for the period
ended October 31, 2022 is 1yr.: -9.3%, 3yr.: 4.1%, 5yr.:
4.6%, since inception (Oct. 11,
2016): 5.6%.
RBC Managed Payout Solution - Enhanced Plus Series F was awarded
the 2022 Lipper Fund Award in the Canadian Neutral Balanced
category for the five-year period ending July 31,
2022 out of a total of 50 funds. Performance for the fund for
the period ended October 31, 2022 is 1yr.: -4.2%, 3yr.:
5.8%, 5yr.: 5.3%, 10yr.: 6.7%, since inception (April 15, 2002): 6.4%.
RBC Emerging Markets Equity Series F was awarded the 2022 Lipper
Fund Award in the Emerging Markets Equity category for the ten-year
period ending July 31, 2022 out of a
total of 23 funds. Performance for the fund for the period ended
October 31, 2022 is 1yr.: -17.8%,
3yr.: -3.0%, 5yr.: -0.7%, 10yr.: 5.6%, since inception
(Dec. 23, 2009): 5.0%.
RBC European Equity Series F was awarded the 2022 Lipper Fund
Award in the European Equity category for the three-year period
ending July 31, 2022 out of a total of 22 funds and the
ten-year period ending July 31, 2022 out of a total of 21
funds. Performance for the fund for the period ended October
31, 2022 is 1yr.: -17.9%, 3yr.: 2.6%, 5yr.: 2.0%, 10yr.: 8.1%,
since inception (Aug. 13, 2001):
3.6%.
RBC Select Conservative Portfolio Series FT5 was awarded the
2022 Lipper Fund Award in the Global Fixed Income Balanced category
for the five-year period ending July 31, 2022 out of a
total of 74 funds. Performance for the fund for the period
ended October 31, 2022 is 1yr.: -10.2%, 3yr.: 1.8%, 5yr.:
2.7%, since inception (July 4, 2016):
3.7%.
PH&N Vintage Fund Series F was awarded the 2022 Lipper Fund
Award in the Canadian Equity category for the ten-year period
ending July 31, 2022 out of a total of 62 funds.
Performance for the fund for the period ended October 31,
2022 is 1yr.: -2.6%, 3yr.: 11.2%, 5yr.: 7.8%, 10yr.: 10.2%,
since inception (June 30, 2008):
3.2%.
RBC Target 2022 Corporate Bond Index ETF was awarded the 2022
Lipper Fund Award in the Canadian Short Term Fixed Income category
for the three-year period ending July 31, 2022 out of a
total of 39 funds and the five-year period ending July 31,
2022 out of a total of 27 funds. Performance for the fund for
the period ended October 31, 2022 is 1yr.: 0.7%, 3yr.:
1.7%, 5yr.: 2.0%, since inception (Sept.
2016): 1.7%.
RBC Canadian Bank Yield Index ETF was awarded the 2022 Lipper
Fund Award in the Financial Services Equity category for the
three-year period ending July 31, 2022 out of a total of
19 funds. Performance for the fund for the period
ended October 31, 2022 is 1yr.: -6.9%, 3yr.: 8.9%, 5yr.:
7.1% since inception (Oct. 2017):
7.3%.
SOURCE RBC Global Asset Management Inc.