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RBC Global Asset Management Inc. receives five awards for 2013 fund performance

 RBC Global Asset Management Inc. receives five awards for 2013 fund performance  TORONTO, Jan. 23, 2014 /CNW/ - RBC Global Asset Management Inc. (RBC GAM) has  been recognized with five awards at the annual FundGrade ® A+ Awards, an  event that acknowledges high performing Canadian investment funds.  "It is an honour to be recognized once again for the strong results produced  by our investment management teams," said Dan Chornous, chief investment  officer, RBC GAM. "At RBC GAM, we are proud of our investment capabilities  across a full range of asset classes, solution types and geographies. I would  like to congratulate our investment teams for their success and thank  investors and advisors for their ongoing trust and confidence in RBC GAM."  The following RBC GAM funds were recognized:    ________________________________________________________________________________________________________________________ ____  |FUND                                                                                                                 |AWARD|   |______________________________________________________________________________________________________________________| _____|  |RBC Canadian Equity Income Fund  |A+   |  |                                                                                                                     |Grade|  |                                                                                                                     |Award|   |______________________________________________________________________________________________________________________| _____|  |RBC Emerging Markets Equity Fund |A+   |  |                                                                                                                     |Grade|  |                                                                                                                     |Award|   |______________________________________________________________________________________________________________________| _____|  |RBC Global Corporate Bond Fund   |A+   |  |                                                                                                                     |Grade|  |                                                                                                                     |Award|   |______________________________________________________________________________________________________________________| _____|  |RBC North American Value Fund    |A+   |  |                                                                                                                     |Grade|  |                                                                                                                     |Award|   |______________________________________________________________________________________________________________________| _____|  |RBC O'Shaughnessy U.S. Value Fund|A+   |  |                                                                                                                     |Grade|  |                                                                                                                     |Award|   |______________________________________________________________________________________________________________________| _____|  The RBC Canadian Equity Income Fund, RBC Global Corporate Bond Fund, RBC North  American Value Fund and RBC O'Shaughnessy U.S. Value Fund won FundGrade® A+  Awards in 2012.  The FundGrade® A+ Rating identifies funds with the best risk-adjusted returns  and the highest level of consistency. The FundGrade® A+ Rating is awarded  annually to funds that achieve consistently high FundGrade® scores through an  entire calendar year.  Fundata Canada Inc. is a leading data provider that focuses exclusively on the  Canadian mutual fund industry. Fundata's FundGrade® rating system assists  investors, advisors and portfolio managers in objectively ranking investment  funds within the Canadian investment fund universe. The FundGrade® rating  system assigns a letter grade to more than 7,000 investment funds, providing a  quick and easy tool for ranking funds based on historic risk-adjusted returns.  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 $300 billion in assets and have approximately 1,100 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$639  billion of assets under administration, more than C$387 billion of assets  under management and over 4,400 financial consultants, advisors, private  bankers, and trust officers. For more information, please visit  www.rbcwealthmanagement.com.  *Scorpio Partnership Global Private Banking KPI Benchmark 2013. In the United  States, securities are offered through RBC Wealth Management, a division of  RBC Capital Markets, LLC, a wholly owned subsidiary of Royal Bank of Canada.  Member NYSE/FINRA/SIPC.    SOURCE  RBC  Matt Gierasimczuk, RBC GAM Communications,  416-974-2124,matthew.gierasimczuk@rbc.com Leah Commisso, RBC GAM Media  Relations, 416-955-6498,leah.commisso@rbc.com  To view this news release in HTML formatting, please use the following URL:  http://www.newswire.ca/en/releases/archive/January2014/23/c4458.html  CO: RBC GAM ST: Ontario NI: FIN FND FLOWS ENT