RBC Global Asset Management Inc. announces October sales results for RBC funds and PH&N funds

RBC Global Asset Management Inc. announces October sales results for RBC funds 
and PH&N funds 
TORONTO, Nov. 5, 2012 /CNW/ - RBC Global Asset Management Inc. today announced 
October net sales of $465 million. Long-term funds had net sales of $643 
million and money market funds had net redemptions of $178 million. Assets 
under management increased by 0.9 per cent. 
"In the past twelve months, we have had the highest long-term net sales on 
record," said Doug Coulter, president of RBC Global Asset Management Inc. "In 
addition, October saw increased sales in our balanced funds. As a result of 
this trend, RBC Select Portfolios, Canada's largest suite of portfolio 
solutions, has reached the milestone of $25 billion in assets under 
management." 
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 $265 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 
To view this news release in HTML formatting, please use the following URL: 
http://www.newswire.ca/en/releases/archive/November2012/05/c4745.html 
CO: RBC Global Asset Management
ST: Ontario
NI: FIN FND FLOWS  
-0- Nov/05/2012 14:00 GMT
 
 
Press spacebar to pause and continue. Press esc to stop.