RBC Global Asset Management has unveiled a new RBC European Dividend Fund for investors in Canada.
The fund will be run by the firm’s London-based equity team headed by Dominic Wallington, CIO of RBC Global Asset Management (UK).
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
The fund is aimed at investors seeking income-generating products with an economic and geographic diversification and can tolerate medium risk and fluctuations over a long-term investment horizon.
Doug Coulter, president of RBC Global Asset Management, said: "We are pleased to offer our clients an international income equity solution that leverages our enhanced capabilities in global and European equities."
Wallington added: "High-quality dividend stocks have historically outperformed in Europe and we are pleased to provide Canadian investors with access to these opportunities. Our aim is to strike the right balance between dividend income, dividend growth and wealth preservation, while providing investors with the opportunity to diversify their sources of income across European markets."
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
