Company Overview
RBC Asset Management Inc. is an indirect, wholly owned subsidiary of
Royal Bank of Canada. RBC Asset Management Inc. provides a broad range of
investment services to investors through mutual funds, pooled funds and
separately managed portfolios. With offices in major financial centres around
the world, RBC Asset Management Inc. is one of Canada's largest money managers
and has over $90 billion in assets under management.
The RBC Asset Management mutual fund family was awarded the "Best Overall Fund Group"
in Canada for the second consecutive year by Lipper Inc. The prestigious award is part
of a global program of events held by Lipper in 21 countries to highlight funds and fund
families that excel in delivering consistently strong risk-adjusted performance relative
to their peers. Visit our website at www.rbcam.com.
RBC Funds continue to deliver above-average performance over time.
|
|
1 Year |
3 Year |
5 Year |
10 Year |
% of Assets held in funds ranked 1st or 2nd Quartile*
|
82% |
85% |
91% |
82% |
Rank among Top 15 Fund Companies**
|
2 |
2 |
1 |
5 |
RBC Asset Management is part of RBC Wealth Management which directly
serves affluent and high net worth clients in Canada, the United States, Latin
America, Europe and Asia, provides asset management and trust services through
RBC partners and third-party distributors and has over $500 billion of assets
under administration, 3,500 financial advisors and $150 billion of assets
under management.
* RBC Asset Management based on data provided by Morningstar Canada. Includes assets in ranked funds only. Morningstar Quartile rankings are determined by Morningstar Research Inc., an independent research firm. Rating reflects performance as of 5/31/2008. Quartile rankings are comparisons of the performance of a fund to other funds in a particular category and are subject to change monthly. Morningstar groups together and compares mutual funds with similar investment objectives. Each fund within a category is ranked based on its historical performance. These rankings are broken into four equal quartiles (or quarters) expressed in terms of rank (1, 2, 3 or 4) and are subject to change monthly. Quartile rankings show how well a fund has performed compared to other funds in its category. Within a category, the top 25 per cent of funds are in the first quartile, the next 25 per cent of funds are in the second, the next 25 per cent are in the third, and the bottom 25 per cent of funds with the poorest relative performance are in the fourth quartile. Rankings are calculated only for funds with a minimum of two month ends and in a category with at least 12 funds. For more information, see www.morningstar.ca
** Top 15 Fund companies are based on assets under management as of May 31, 2008 for Canadian mutual fund managers as reported by The Investment Funds Institute of Canada.
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