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

RBC Global Asset Management Inc. announces March sales results for RBC Funds 
and PH&N Funds 
TORONTO, April 4, 2013 /CNW/ - RBC Global Asset Management Inc. today 
announced March net sales of $882 million. Long-term funds had net sales of 
$949 million and money market funds had net redemptions of $68 million. Assets 
under management increased by 1.0 per cent. 
"At the close of another successful RRSP season, we are pleased to see such 
strong levels of sales as 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. "With recent trends in global markets, clients 
appear to be taking the opportunity to evaluate and rebalance their portfolios 
to ensure that their investment goals are being achieved. Notably, our 
selection of balanced products including RBC Select Portfolios and the PH&N 
Monthly Income Fund saw steady inflows throughout the month of March." 
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 $280 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$593 
billion of assets under administration, more than C$353 billion of assets 
under management and approximately 4,300 financial consultants, advisors, 
private bankers and trust officers. 
Jeff Keay, RBC GAM Communications, 416 955-0577 Leah Commisso, RBC GAM Media 
Relations, 416 955-6498 
SOURCE: RBC 
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CO: RBC Global Asset Management
ST: Ontario
NI: FIN ERN FND FLOWS  
-0- Apr/04/2013 13:00 GMT
 
 
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