RBC Mutual Funds
RBC mutual funds are mutual fund investment opportunities offered by the RBC Asset Management Inc., a subsidiary of the Royal Bank of Canada. The company is one of the biggest asset management groups in Canada, with over $90 billion in assets. It has been awarded the “Best Overall Fund Group” for two straight years by Lipper Inc. The award has pitted the company against other industry players in twenty-one countries.
The RBC mutual funds offer several options, such as the Money Market Funds, Income Funds, Canadian Equity Funds, North American Equity Funds, International Equity Funds and more.
The Money Market Funds of the RBC mutual funds options offer several investment low-risk investment opportunities. Here, the investor can expect interest earnings that are often in the short-run. Options include the RBC Canadian T-Bill Fund, RBC Canadian Money Market Fund, and RBC Premium Money Market Fund.
The Income Fund of the RBC mutual funds, on the other hand, focuses more on a mix of interest/ dividend income and capital appreciation. Opportunities here include the RBC Canadian Short-Term Income Fund, RBC Bond Fund, RBC Monthly Income Fund, RBC Global Bond Fund and the RBC Global High Yield Fund.
The Canadian Equity Fund focuses on long-term investments with Canadian companies. Initially, stocks invested in may showcase volatile performance in the short run. The long-term goal though is capital appreciation. The ideal investors here should be able to tolerate some risks, especially early into the investment. Options here include the RBC Canadian Dividend Fund, the RBC Canadian Equity Fund, and the RBC Canadian Index Fund.