RBC Global Asset Management Inc. announces September sales results for RBC Funds and PH&N Funds

RBC Global Asset Management Inc. announces September sales results for RBC 
Funds and PH&N Funds 
TORONTO, Oct. 3, 2012 /CNW/ - RBC Global Asset Management Inc. today announced 
September net sales of $617 million. Long-term funds had net sales of $640 
million and money market funds had net redemptions of $22 million. Assets 
under management increased by 2.1 per cent. 
"September proved to be a tremendous month, as we exceeded all other previous 
September sales results. We continued to capture a significant portion of 
industry long-term mutual fund net sales," said Doug Coulter, president of RBC 
Global Asset Management Inc. "Our income-oriented products saw strong inflows 
as a result of investors and advisors continuing to look for yield in this low 
interest rate environment. Following this trend, the RBC Canadian Equity 
Income Fund hit a milestone of $2 billion in assets under management during 
the month." 
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$562 
billion of assets under administration, more than C$324 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 
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CO: RBC Global Asset Management
ST: Ontario
NI: FIN FND FLOWS  
-0- Oct/03/2012 13:00 GMT
 
 
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