RBC GAM wins Best Overall Group award for
an eleventh time
TORONTO, Nov. 19, 2020 /CNW/ - RBC Global Asset
Management Inc. ("RBC GAM Inc.") was recognized today for its
outstanding investment performance at the Refinitiv Lipper Fund
Awards 2020 Canada. The firm received two Group awards: PH&N
Funds in the Best Overall Group and PH&N Funds in the Best Bond
Group.
Since the inception of the Refinitiv Lipper Fund Awards Canada,
RBC GAM Inc. has been consistently recognized for excellence in
fund management, having won Best Overall Group 11 times and Best
Bond Group 12 times over the past 14 years1.
"We aim to deliver strong, risk-adjusted investment performance
across our funds to help our clients meet their goals, and it is an
honour to be recognized for this at the Refinitiv Lipper Fund
Awards," said Dan Chornous, Chief
Investment Officer of RBC Global Asset Management Inc. "I would
like to thank our investment teams for their unwavering focus on
our clients despite the ongoing challenges brought on by the
COVID-19 pandemic, and Canadian advisors and investors for
continuing to place their trust in RBC GAM."
In addition to the Group awards, RBC GAM Inc. also won nine
individual fund awards in the following categories: 2025 Target
Date Portfolio, 2030 Target Date Portfolio, 2035+ Target Date
Portfolio, Canadian Fixed Income, Canadian Short Term Fixed Income,
Emerging Markets Equity, European Equity and Global Corporate Fixed
Income.
The Refinitiv Lipper Fund Awards, granted annually, highlights
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.
Please consult your advisor and read the prospectus or Fund
Facts document before investing. There may be commissions, trailing
commissions, management fees and expenses associated with mutual
fund investments. Mutual funds are not guaranteed, their values
change frequently and past performance may not be repeated. RBC
Funds, BlueBay Funds and PH&N Funds are offered by RBC GAM Inc.
and distributed through authorized dealers. RBC GAM Inc. is a
member of the RBC GAM group of companies and an indirect
wholly-owned subsidiary of Royal Bank of Canada.
Lipper Awards were based on best risk-adjusted performance for
the periods ended July 31, 2020,
2019, 2018, 2016, 2015 and 2014; October 31,
2012, 2011 and 2010; November 30,
2009; and December 31, 2008,
2007 and 2006.
______________________
|
1 Best
Overall Group (PH&N Funds: 2010-2013, 2016, 2018, 2019, 2020;
RBC Funds: 2007-2008, 2014), Best Bond Group (RBC GAM: 2015;
PH&N Funds: 2007, 2008, 2010-2013, 2016, 2018, 2019, 2020; RBC
Funds: 2009).
|
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 86,000+ employees who 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 34 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 $520 billion in
assets and have approximately 1,400 employees located across
Canada, the United States, Europe and Asia.
SOURCE RBC Global Asset Management Inc.