RBC GAM launches RBC Emerging Markets ex-China Equity Fund in U.S.

MINNEAPOLIS, Jan. 9, 2023 /PRNewswire/ – RBC Global Asset Management (“RBC GAM”) today announced the launch of the RBC Emerging Markets ex-China Equity Fund, a new mutual fund that provides US investors with the opportunity to invest in a broad emerging market equities. .

The RBC Emerging Markets ex-China Equity Fund invests primarily in a focused portfolio of high quality mid-size and large global companies located in emerging market economies, excluding China. The fund follows the same philosophy and process as RBC GAM’s existing RBC Emerging Markets Equity Fund, but excludes Chinese companies. This new fund complements RBC GAM’s existing Emerging Markets Equity product and its RBC China Equity Fund. The fund is designed for investors seeking to diversify their portfolio by including long-term growth opportunities in emerging markets. RBC GAM’s Emerging Markets Equity team builds the investment strategy using a strong research platform with environmental, social and governance (“ESG”) integration.

The fund was launched on December 15, 2022 and it is governed by Philippe LanghamSenior Portfolio Manager and Head of Emerging Markets Equities at RBC Global Asset Management (UK) Limited and supported by a team including portfolio managers Ashna Yarashi-Shah and Veronique Erball based on London, UK.

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“Granted in China significant market size and investors’ mixed view of the country’s structural outlook, we find increasing demand from investors looking for Emerging Markets ex-China solution,” said Mr. Langham. “RBC Global Asset Management is excited to launch the RBC Emerging Markets ex-China Equity Fund as a specialized solution for investors who want to gain more control over their China exposure while investing in emerging markets.”

The RBC Emerging Markets ex-China Equity Fund is available in Class I, Class A, and Class R6 shares. The identifiers for the parts are listed below.

RBC Emerging Markets ex-China Equity Fund

Share the Class

Ticker Symbol

CUSIP

A

RECAX

74933U621

I

RECIX

74933U613

R6

RECRX

74933U597


More information about RBC GAM’s US mutual funds can be found at
https://us.rbcgam.com/mutual-funds/default.fs

About RBC

Royal Bank of Canada is a global financial institution with a purpose-driven, principle-guided approach to delivering top performance. Our success comes from the 95,000+ employees who use their imaginations and insights to bring our vision, values ​​and strategy to life so we can help our clients thrive and communities thrive. as in Canada largest bank and one of the largest in the world, based on market capitalization, we have a diverse business model that focuses on innovation and providing exceptional experiences to our 17 million clients in Canada, US and 27 other countries. Learn more at rbc.com.

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We are proud to support a wide 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, exchanges -traded funds and special investment strategies. The RBC GAM group of companies manages approximately $540 billion CAD in assets and has approximately 1,500 employees located across Canada, the United States, Europe and Asia.

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BEFORE INVESTING, YOU SHOULD CONSIDER THE OBJECTIVES, RISKS, CHARGES, AND EXPENSES OF A FUND. THIS AND OTHER INFORMATION IS IN THE PROSPECTUS, WHICH YOU MAY REQUEST BY CALLING 800.422.2766. PLEASE READ THE PROSPECTUS CAREFULLY BEFORE INVESTING.

Investing in mutual funds involves risk. Loss of trunk is possible. The Fund invests in foreign securities, which involve greater volatility and political, economic, and currency risks, and differences in accounting methods. These risks may be greater in emerging markets. The Fund is new with no operational history. As a result, prospective investors have no track record or history on which to base their investment decisions. A Fund’s consideration of ESG factors may cause it to perform differently compared to funds that do not consider ESG factors.

Diversification does not ensure profit or protect against loss in a declining market.

RBC Funds are distributed by Quasar Distributors, LLC. The securities are offered through RBC Wealth Management, a division of RBC Capital Markets, LLC, member NYSE/FINRA/SIPC.

NOT FDIC INSURED. NO BANK GUARANTEE. MAY LOSE VALUE.

SOURCE RBC Global Asset Management (US)

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