RBC Global Asset Management Inc. introduces RBC Vision Fossil Fuel Free Global Equity Fund

TORONTO, Aug. 28, 2017 /CNW/ - RBC Global Asset Management Inc. (RBC GAM Inc.) today announced the launch of the RBC Vision Fossil Fuel Free Global Equity Fund. The Fund is part of the suite of RBC Visiontm Funds that were introduced earlier this year.

RBC Vision Fossil Fuel Free Global Equity Fund seeks to achieve long-term capital growth by investing in equity securities from around the globe. The Fund avoids companies that are directly involved in extracting, processing or transporting coal, oil or natural gas and also utilizes an exclusion list based on 'The Carbon Underground 200'.

"RBC Global Asset Management has offered socially responsible investment solutions to Canadian investors for more than a decade and we are proud of our leadership in this space," said Doug Coulter, President of RBC GAM Inc. "We are pleased to expand the suite of RBC Vision Funds with the new RBC Vision Fossil Fuel Free Global Equity Fund."

RBC Vision Fossil Fuel Free Global Equity Fund, like all mandates managed by RBC Global Asset Management's London-based Global Equity team, applies an integrated environmental, social and corporate governance practice.

"We integrate environmental, social and corporate governance principles into our assessment of every investment opportunity to help ensure that we invest in sustainable wealth-generating businesses," said Habib Subjally, Senior Portfolio Manager and Head of Global Equities. "We select the holdings in the RBC Vision Fossil Fuel Free Global Equity Fund based on a thorough understanding of the company, its business and its outlook, with the aim of providing long-term growth potential."

RBC Vision Fossil Fuel Free Global Equity Fund is available to individual investors through five options: Series A; Series F; Advisor (ISC); Advisor (LL), and Series D.

The management fees for the Fund are outlined in the table below.

The Fund is also available to institutional investors through Series O.

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, PH&N Funds and BlueBay Funds are offered by RBC Global Asset Management Inc. and distributed through authorized dealers.

About RBC Global Asset Management
RBC Global Asset Management (RBC GAM) is the asset management division of Royal Bank of Canada (RBC) and includes RBC GAM Inc. and institutional 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 manages approximately $400 billion in assets and have approximately 1,400 employees located across Canada, the United States, Europe and Asia.

SOURCE RBC Global Asset Management Inc.