TORONTO, Nov. 18, 2024 /CNW/ – RBC Indigo Asset Management Inc. (“RBC Indigo Inc.”) today announced the refiling of certain Fund Facts for certain RBC Indigo Mutual Funds and RBC Indigo Pooled Funds to correct the following errors:
The Portfolio Manager listed in the “Quick facts” section of the English version of the following Fund Facts documents was corrected:
| Fund Name | Series | Corrected Portfolio Manager |
| RBC Indigo Global Inflation Linked Bond Pooled Fund | F | HSBC Global Asset Management (UK) Limited |
| RBC Indigo Emerging Markets Debt Pooled Fund | F | RBC Indigo Asset Management Inc. |
| RBC Indigo U.S. Equity Pooled Fund | F | HSBC Bank USA, N.A. |
The short-term trading fee in the “How much does it cost?” section of the English and French versions of the following Fund Facts document was removed:
| Fund Name | Series |
| RBC Indigo Canadian Money Market Pooled Fund | F |
The management fee in the “How much does it cost?” section of the following Fund Facts documents was corrected:
| Fund Name | Series | Language | Management Fee | |
| Current | Corrected | |||
| RBC Indigo Mortgage Pooled Fund | F | English | 0.85 % | 0.675 % |
| RBC Indigo Mortgage Pooled Fund | F | French | 0.35 % | 0.675 % |
| RBC Indigo Canadian Bond Pooled Fund | F | French | 0.35 % | 0.50 % |
| RBC Indigo Global High Yield Bond Pooled Fund | F | English | 1.00 % | 0.75 % |
| RBC Indigo Global High Yield Bond Pooled Fund | F | French | 0.35 % | 0.75 % |
| RBC Indigo Global Inflation Linked Bond Pooled Fund | F | English | 0.85 % | 0.675 % |
| RBC Indigo Global Inflation Linked Bond Pooled Fund | F | French | 0.35 % | 0.675 % |
| RBC Indigo Emerging Markets Debt Pooled Fund | F | English | 1.00 % | 0.75 % |
| RBC Indigo Emerging Markets Debt Pooled Fund | F | French | 0.35 % | 0.75 % |
| RBC Indigo Canadian Dividend Pooled Fund | F | English | 0.90 % | 0.75 % |
| RBC Indigo Canadian Dividend Pooled Fund | F | French | 0.35 % | 0.75 % |
| RBC Indigo Canadian Equity Pooled Fund | F | English | 0.90 % | 0.75 % |
| RBC Indigo Canadian Equity Pooled Fund | F | French | 0.35 % | 0.75 % |
| RBC Indigo Canadian Small Cap Equity Pooled Fund | F | French | 0.35 % | 1.00 % |
| RBC Indigo U.S. Equity Pooled Fund | F | French | 0.35 % | 1.00 % |
| RBC Indigo International Equity Pooled Fund | F | French | 0.35 % | 1.00 % |
| RBC Indigo Emerging Markets Pooled Fund | F | English | 1.25 % | 1.125 % |
| RBC Indigo Emerging Markets Pooled Fund | F | French | 0.35 % | 1.125 % |
| RBC Indigo Global Real Estate Equity Pooled Fund | F | French | 0.35 % | 1.00 % |
| RBC Indigo U.S. Dollar Monthly Income Fund | FT | English | 1.05 % | 0.775 % |
| RBC Indigo U.S. Dollar Monthly Income Fund | FT | French | 1.05 % | 0.775 % |
The fund expenses disclosure under the “How much does it cost?” section of the French version of the following Fund Facts documents was corrected:
| Fund Name | Series | Corrected |
| RBC Indigo U.S. Dollar Monthly Income Fund | FT | Added:”You don’t pay these expenses directly. They affect you because they reduce the Fund’s return.” |
| RBC Indigo Emerging Markets Equity Index Fund | Premium | Added:”The Fund’s expenses are made up of the management fee, operating expenses and trading costs.” |
| RBC Indigo Strategic Moderate Conservative Fund | Institutional | Removed “management fee” from the following sentence:”The Fund’s expenses are made up of the management fee, operating expenses and trading costs.” |
Information was added to the “Who is this Fund for?” section of the French version of the following Fund Facts document:
| Fund Name | Series | Corrected |
| RBC Indigo Canadian Bond Pooled Fund | F | “It is not suitable for investors who have a short- term investment time horizon.” |
The information in the section “What does this Fund invest in?” in both the English and French versions of the following Fund Facts documents was replaced entirely with the following correct information:
| Fund Name | Series | Corrected |
| RBC Indigo Strategic Conservative Fund | Investor F Manager Institutional | “The fund invests in a diversified portfolio of mutual funds and/or ETFs, with an emphasis on Canadian fixed-income securities and some exposure to equity securities. The portfolio manager uses strategic asset allocation as the principal investment strategy, with periodic rebalancing.” |
The risk rating was reviewed for each of the funds above. All risk ratings remain the same, except for the following fund:
| Fund Name | Series | Current Rating | Updated Rating |
| RBC Indigo Strategic Conservative Fund | Investor F Manager Institutional | Low | Low to Medium |
The increase in risk rating does not change the investment objectives, strategy or management of the fund. The risk rating is based on the methodology mandated by the Canadian Securities Administrators to determine the risk level of mutual funds. RBC Indigo Inc. reviews the risk rating for each fund at least annually and any time we determine that the current investment risk level is no longer reasonable in the circumstances.
The revised Fund Facts will be available on SEDAR+ at www.sedarplus.ca and on the RBC Indigo Asset Management Inc. website at www.rbcindigo.com.
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 Indigo Mutual Funds and RBC Indigo Pooled Funds are offered by RBC Indigo Inc. and distributed through authorized dealers in Canada. RBC Indigo Inc. is a member of the RBC Global Asset Management group of companies and a wholly owned subsidiary of Royal Bank of Canada.
About RBC
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 100,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 18 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com.
We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/peopleandplanet.
About RBC Global Asset Management
RBC Global Asset Management (“RBC GAM”) is the asset management division of Royal Bank of Canada (RBC). 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. RBC Funds, BlueBay Funds, PH&N Funds and RBC ETFs are offered by RBC Global Asset Management Inc. (“RBC GAM Inc.”) and distributed through authorized dealers in Canada. The RBC GAM group of companies, which includes RBC GAM Inc. (including PH&N Institutional) and RBC Indigo Asset Management Inc., manage approximately $660 billion in assets and have approximately 1,600 employees located across Canada, the United States, Europe and Asia.
For more information, please contact:
Brandon Dorey, RBC GAM Corporate Communications, 416-955-7397
SOURCE RBC Global Asset Management Inc.
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