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Mutual Fund Governance

Board of Governors Reports

The Board of Governors acts as the independent review committee of the RBC Funds and RBC Private Pools, which are mutual funds managed by RBC Asset Management Inc. The Board of Governors accepted this role effective December 1, 2006.

An independent review committee has regulatory obligations governed by the Canadian Securities Administrators' National Instrument 81-107, Independent Review Committee for Investment Funds. One of the requirements is the publication of an annual report to unitholders that describes the committee and its activities for the year.

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03/26/2009 13:35:43