RBC GAM changes risk ratings of 3 funds

These changes will be reflected in the renewal of the simplified prospectus of the RBC Funds and RBC Private Pools, which is scheduled to be filed on or about June 24, 2015.

By Staff | June 24, 2015 | Last updated on June 24, 2015

1 min read

RBC Global Asset Management Inc. has announced changes to the risk ratings of three funds (listed in the table below).

RBC GAM Inc. follows a risk classification methodology based on the approach recommended by IFIC. Each fund’s risk rating is reviewed on an annual basis, or when the fund undergoes a material change. The changes announced today are the result of an annual review. No material changes have been made to the investment objectives, strategies or management of the affected funds.

FUND	CURRENT RATING	NEW RATING
RBC O’Shaughnessy U.S. Growth Fund	Medium to High	High
RBC O’Shaughnessy U.S. Growth Fund II	Medium to High	High
RBC Private O’Shaughnessy U.S. Growth Equity Pool	Medium to High	High

Staff

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