RBC Global Asset Management had launched RBC Balanced Growth & Income Fund, a diversified portfolio of mutual funds managed by an award-winning team that combines the core strength of RBC Funds, PH&N Funds and BlueBay Funds.
This fund, which includes Canadian, US and Emerging Market equities along with global fixed income securities, is now available for purchase by individual investors in Canada.
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Karen McNally, vice-president, RBC Global Asset Management, said: "As markets continue to be unpredictable, generating income and growth is still top-of-mind for many Canadians. Advisors and investors need a solution that includes a carefully constructed balance of equities and multi-asset fixed income securities. The RBC Balanced Growth & Income Fund aims to deliver portfolio stability, long-term growth potential and a dependable source of income."
RBC Balanced Growth & Income Fund is suitable for investors with a medium to long-term investment horizon who are comfortable with some fluctuations in the value of their investments.
"It makes sense to have an investment plan that can be successful in a variety of different scenarios. The RBC Balanced Growth & Income Fund is meant to be a core holding for today’s uncertain markets," McNally added.
RBC Balanced Growth & Income Fund is available to individual investors through four options: Series A; Advisor Series; Series F (available via financial advisors); and Series D (available via direct-to-client platforms, PH&N Investment Services and RBC Direct Investing).
