RBC Global launches new European Dividend Fund in Canada
RBC Global Asset Management Inc. today announced the launch of RBC European Dividend Fund, which is now available for purchase by individual investors and advisors in Canada.
"We are pleased to offer our clients an international income equity solution that leverages our enhanced capabilities in global and European equities," said Doug Coulter, president of RBC Global Asset Management Inc. "The RBC European Dividend Fund is managed by our London-based investment team, which is ideally situated to uncover compelling investment opportunities in Europe."
RBC European Dividend Fund is designed to meet the needs of investors who are seeking income-generating products with an economic and geographic diversification and can tolerate medium risk and fluctuations over a long-term investment horizon. The Fund is managed by the London-based European equity team led by Dominic Wallington, chief investment officer of RBC Global Asset Management (UK) Limited.
"High-quality dividend stocks have historically outperformed in Europe and we are pleased to provide Canadian investors with access to these opportunities," said Wallington. "Our aim is to strike the right balance between dividend income, dividend growth and wealth preservation, while providing investors with the opportunity to diversify their sources of income across European markets."
RBC European Dividend Fund is available to individual investors through four options: Series A; Advisor Series; Series F (available via financial advisors); and Series D (available via direct-to-client platforms, PH&N Investment Services and RBC Direct Investing).
Source: Company Press Release