September 2007
In 1994, the advisory Board of Governors of the RBC Funds was established to provide advice to
the trustee and manager of the RBC Funds; to give investors in the RBC Funds a voice at the management table.
In 2006, the Canadian Securities Administrators published a rule - National Instrument 81-107 - requiring all mutual funds and other investment funds to establish an independent review committee. On December 1, 2006, the Board of Governors led the industry to become the first independent review committee under National Instrument 81-107.
RBC Asset Management Inc., the manager of the RBC Funds, has republished "Mutual Funds and Governance:
Taking Care of Your Investments”. In it, you will find:
- How RBC Asset Management protects mutual fund investors’ interests
- How the Board of Governors gives investors a voice at the management
table
- The history of governance of the RBC Funds and RBC Private Pools
Learn more about the Board of Governors and mutual fund governance:
