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RBC Global Asset Management Inc. Announces July Sales Results for RBC Funds and PH&N Funds

RBC Global Asset Management Inc. Announces July Sales Results for RBC Funds 
and PH&N Funds 
TORONTO, Aug. 3, 2012 /CNW/ - RBC Global Asset Management Inc. today announced 
July net sales of $71 million. Long-term funds had net sales of $450 million 
and money market funds had net redemptions of $379 million. Assets under 
management increased by 0.4 per cent. 
"Although the summer is a typically slower sales period, we experienced one of 
our best Julys on record in terms of long-term fund net sales. As such, we 
continued to capture a significant portion of industry sales," said Doug 
Coulter, president of RBC Global Asset Management Inc. "The ongoing trend of 
investors and advisors seeking yield remained a strong theme. As a result, the 
RBC Monthly Income Bond Fund saw a steady increase of flows over the course of 
the month, placing it among our top-selling funds." 
Sales results information is based on preliminary data from the Investment 
Funds Institute of Canada (IFIC). 
About RBC Global Asset Management and RBC Wealth Management RBC Global Asset 
Management (RBC GAM) is the asset management division of Royal Bank of Canada 
(RBC), and includes institutional money managers BlueBay Asset Management, 
Phillips, Hager & North Investment Management and RBC Global Asset Management 
(U.S.). RBC GAM is a provider of global investment management services and 
solutions to individual, high-net-worth and institutional investors through 
exchange-traded funds, hedge funds, mutual funds, pooled funds, separate 
accounts and specialty investment strategies. RBC GAM group of companies 
manage more than $250 billion in assets and have approximately 1,000 employees 
located across Canada, the United States, Europe and Asia. 
RBC Global Asset Management is part of RBC Wealth Management, which is one of 
the world's top 10 largest wealth managers. RBC Wealth Management directly 
serves affluent, high-net-worth and ultra high net worth clients in Canada, 
the United States, Latin America, Europe, the Middle East, Africa and Asia 
with a full suite of banking, investment, trust and other wealth management 
solutions. The business also provides asset management products and services 
directly and through RBC and third-party distributors to institutional and 
individual clients, through its RBC Global Asset Management business (which 
includes BlueBay Asset Management). RBC Wealth Management has more than C$560 
billion of assets under administration, more than C$322 billion of assets 
under management and approximately 4,300 financial consultants, advisors, 
private bankers and trust officers. 
Yen To, RBC GAM Communications, 416 955-5916 Leah Commisso, RBC GAM Media 
Relations, 416 955-6498 
SOURCE: RBC 
To view this news release in HTML formatting, please use the following URL: 
http://www.newswire.ca/en/releases/archive/August2012/03/c4749.html 
CO: RBC Global Asset Management
ST: Ontario
NI: FIN ERN  
-0- Aug/03/2012 13:00 GMT
 
 
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