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    RBC Global Asset Management Inc. announces May sales results for RBC Funds, PH&N Funds and BlueBay Funds

    6/13/25 9:05:00 AM ET
    $RY
    Commercial Banks
    Finance
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    TORONTO, June 13, 2025 /CNW/ - RBC Global Asset Management Inc. ("RBC GAM Inc.") today announced May mutual fund net sales of $853 million. Long-term funds had net sales of $747 million and money market funds had net sales of $106 million. Mutual fund assets under management increased by 3.2 per cent.

    RBC (CNW Group/RBC Global Asset Management Inc.)

    Mutual fund sales results information is based on preliminary data from the Securities and Investment Management Association (SIMA) (formally the Investment Funds Institute of Canada) and only includes Canadian prospectus qualified mutual funds.

    Please consult your advisor and read the prospectus or Fund Facts document before investing. There may be commissions, trailing commissions, management fees and expenses associated with mutual fund investments. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. RBC Funds, BlueBay Funds and PH&N Funds are offered by RBC GAM Inc. and distributed through authorized dealers in Canada. RBC GAM Inc. is a member of the RBC GAM group of companies and an indirect wholly owned subsidiary of Royal Bank of Canada.

    About RBC

    Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 97,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada's biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 19 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com.

    We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/peopleandplanet.

    About RBC Global Asset Management

    RBC Global Asset Management (RBC GAM) is the asset management division of Royal Bank of Canada (RBC). RBC GAM is a provider of global investment management services and solutions to institutional, high-net-worth and individual investors through separate accounts, pooled funds, mutual funds, hedge funds, exchange-traded funds and specialty investment strategies. RBC Funds, BlueBay Funds, PH&N Funds and RBC ETFs are offered by RBC Global Asset Management Inc. (RBC GAM Inc.) and distributed through authorized dealers in Canada. The RBC GAM group of companies, which includes RBC GAM Inc. (including PH&N Institutional), manage approximately $693 billion in assets and have approximately 1,600 employees located across Canada, the United States, Europe and Asia.

    For more information, please contact:

    Brandon Dorey, RBC GAM Corporate Communications, 647-262-6307

     

    SOURCE RBC Global Asset Management Inc.

    Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/June2025/13/c1290.html

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