RBC brings home UK’s BlueBay fund

RBC Global Asset Management announced today the launch of BlueBay Global Monthly Income Bond Fund, sub-advised by BlueBay Asset Management.

Effective today, the fund is available for purchase by individual and institutional investors in Canada.

“We are very pleased to be able to offer the internationally recognized expertise of BlueBay Asset Management to Canadian investors,” said John Montalbano, CEO, RBC Global Asset Management. “Managed by senior portfolio managers Anthony Robertson, David Dowsett and Michael Reed, the fund draws on the depth and experience of BlueBay’s specialist teams to provide a new way for Canadians to diversify income sources and access new investment opportunities, particularly in emerging markets.”

Acquired by RBC in October 2010, BlueBay Asset Management is a UK-based leading specialist manager of fixed income credit, offering long-only and alternative products across the major sub-asset classes of emerging markets, high yield debt, loans, convertibles and investment grade bonds.

The BlueBay Global Monthly Income Bond Fund invests primarily in global high yield debt, emerging market government and corporate debt securities, as well as global convertible bonds. The fund is appropriate for investors seeking a combination of income and capital growth potential while looking to diversify the fixed income portion of their portfolios through exposure to emerging market debt securities.

The BlueBay Global Monthly Income Bond Fund is available through four fee options: Series A, Advisor Series, Series D (for clients who invest directly through PH&N Investment Services and RBC Direct Investing) and Series F (available through financial advisors). The fund is also available to institutional investors through Series O.

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