Rbc Funds And Rbc Private Pools
RBC FUNDS ANDRBC PRIVATE POOLSANNUAL INFORMATION FORMJune 30, 2017Series A, Advisor Series, Advisor T5 Series, Series T5, Series T8, Series H, Series D, Series DZ, Series F, Series FT5, Series FT8, Series I and Series O units(unless otherwise indicated)RBC FUNDSMoney Market FundsRBC Canadian T-Bill Fund3RBC Canadian Money Market Fund9RBC Premium Money Market Fund1RBC U.S. Money Market Fund11RBC Premium U.S. Money Market Fund1Fixed-Income FundsRBC Canadian Short-Term Income Fund9RBC Monthly Income Bond Fund9RBC Canadian Bond Index Fund(formerly, RBC Advisor Canadian Bond Fund)1RBC Canadian Government Bond Index Fund1RBC Bond Fund9RBC Vision Bond Fund (formerly, Phillips, Hager & NorthCommunity Values Bond Fund) 9RBC Global Bond Fund7RBC U.S. Investment Grade Corporate Bond Fund9RBC Global Corporate Bond Fund9RBC High Yield Bond Fund9RBC U.S. High Yield Bond Fund9RBC Global High Yield Bond Fund9RBC Strategic Income Bond Fund9RBC Emerging Markets Foreign Exchange Fund9RBC Emerging Markets Bond Fund9RBC Emerging Markets Bond Fund (CAD Hedged) 9BlueBay Global Monthly Income Bond Fund7BlueBay Global Sovereign Bond Fund (Canada) 9BlueBay Global Investment Grade CorporateBond Fund (Canada) 9BlueBay European High Yield Bond Fund (Canada) 9BlueBay Emerging Markets Corporate Bond Fund9BlueBay Global Convertible Bond Fund (Canada)18BlueBay U.S. Global Convertible Bond Fund (Canada)12Managed Payout SolutionsRBC Managed Payout Solution2RBC Managed Payout Solution – Enhanced 2RBC Managed Payout Solution – Enhanced Plus 9Balanced Funds andPortfolio SolutionsFund9RBC Monthly IncomeRBC U.S. Monthly Income Fund5RBC Balanced Fund13RBC Global Balanced Fund10RBC Vision Balanced Fund(formerly, RBC Jantzi Balanced Fund) 23RBC Conservative Growth & Income Fund14RBC Balanced Growth & Income Fund18RBC Global Growth & Income Fund16Balanced Funds andPortfolio Solutions (cont.)Solution24RBC Retirement IncomeRBC Retirement 2020 Portfolio24RBC Retirement 2025 Portfolio 6RBC Retirement 2030 Portfolio 6RBC Retirement 2035 Portfolio 6RBC Retirement 2040 Portfolio 6RBC Retirement 2045 Portfolio 6RBC Retirement 2050 Portfolio 6RBC Select Very Conservative Portfolio15RBC Select Conservative Portfolio15RBC Select Balanced Portfolio15RBC Select Growth Portfolio15RBC Select Aggressive Growth Portfolio15RBC Select Choices Conservative Portfolio 2RBC Select Choices Balanced Portfolio 2RBC Select Choices Growth Portfolio2RBC Select Choices Aggressive Growth Portfolio 2RBC Target 2020 Education Fund3RBC Target 2025 Education Fund3RBC Target 2030 Education Fund3RBC Target 2035 Education Fund3Canadian Equity FundsRBC Canadian Dividend Fund19RBC Canadian Equity Fund22RBC QUBE Canadian Equity Fund9RBC QUBE Low Volatility Canadian Equity Fund17RBC Trend Canadian Equity Fund9RBC Vision Canadian Equity Fund(formerly, RBC Jantzi Canadian Equity Fund) 9RBC Canadian Index Fund1RBC O’Shaughnessy Canadian Equity Fund 4RBC O’Shaughnessy All-Canadian Equity Fund9RBC Canadian Equity Income Fund9RBC Canadian Small & Mid-Cap Resources Fund11North American Equity FundsRBC North American Value Fund12RBC North American Growth Fund9U.S. Equity FundsRBC U.S. Dividend Fund 8RBC U.S. Dividend Currency Neutral Fund12RBC U.S. Equity Fund17RBC U.S. Equity Currency Neutral Fund9RBC QUBE U.S. Equity Fund9RBC QUBE Low Volatility U.S. Equity Fund17RBC QUBE Low Volatility U.S. EquityCurrency Neutral Fund17RBC U.S. Equity Value Fund9RBC U.S. Index Fund1RBC U.S. Index Currency Neutral Fund1U.S. Equity Funds (cont.)RBC O’Shaughnessy U.S. Value Fund 7RBC U.S. Mid-Cap Growth Equity Fund9RBC U.S. Mid-Cap Growth Equity Currency Neutral Fund9RBC U.S. Mid-Cap Value Equity Fund9RBC U.S. Small-Cap Core Equity Fund9RBC U.S. Small-Cap Value Equity Fund9RBC O’Shaughnessy U.S. Growth Fund11RBC O’Shaughnessy U.S. Growth Fund II 4RBC Life Science and Technology Fund3International Equity FundsRBC International Dividend Growth Fund17RBC International Equity Fund17RBC International Equity Currency Neutral Fund9RBC International Index Currency Neutral Fund1RBC O’Shaughnessy International Equity Fund7RBC European Dividend Fund9RBC European Equity Fund17RBC European Mid-Cap Equity Fund9RBC Asian Equity Fund9RBC Asia Pacific ex-Japan Equity Fund9RBC Japanese Equity Fund9RBC Emerging Markets Multi-Strategy Equity Fund9RBC Emerging Markets Dividend Fund9RBC Emerging Markets Equity Fund17RBC Emerging Markets Small-Cap Equity Fund9Global Equity FundsRBC Global Dividend Growth Fund10RBC Global Dividend Growth Currency Neutral Fund17RBC Global Equity Fund17RBC Global Equity Focus Fund17RBC QUBE Global Equity Fund9RBC QUBE Low Volatility Global Equity Fund17RBC Vision Global Equity Fund(formerly, RBC Jantzi Global Equity Fund) 9RBC Vision Fossil Fuel Free Global Equity Fund9RBC O’Shaughnessy Global Equity Fund9RBC QUBE All Country World Equity Fund 21RBC QUBE Low Volatility All Country World Equity Fund 21RBC Global Energy Fund9RBC Global Precious Metals Fund9RBC Global Resources Fund9RBC Global Technology Fund 4RBC PRIVATE POOLSRBC Private Short-Term Income Pool20RBC Private Canadian Corporate Bond Pool20RBC Private Income Pool20RBC Private Canadian Dividend Pool20RBC Private Canadian Growth and Income Equity Pool20RBC Private Canadian Equity Pool20(cont.)No securities regulatory authority has expressed an opinion about these units and it is an offence to claim otherwise.
RB C F U N D S A ND R B C P R IV A T E P O O L S Annual Information FormRBC PRIVATE POOLS (cont.)RBC Private Canadian Growth Equity Pool20RBC Private Canadian Mid-Cap Equity Pool20RBC Private U.S. Large-Cap Value Equity Pool20RBC Private U.S. Large-Cap Value Equity CurrencyNeutral Pool21RBC Private U.S. Growth Equity Pool20RBC Private U.S. Large-Cap Core Equity Pool20RBC Private U.S. Large-Cap Core Equity CurrencyNeutral Pool20RBC Private U.S. Small-Cap Equity Pool20RBC Private EAFE Equity Pool20RBC Private Overseas Equity Pool20RBC Private World Equity Pool201 Offering Series A and Series F units only.2 Offering Series A, Advisor Series and Series F units only.3 Offering Series A, Series D and Series F units only.4 Offering Series A, Advisor Series, Series D and Series Funits only.5 Offering Series A, Advisor Series, Series D, Series Fand Series I units only.6 Offering Series A, Advisor Series, Series F and Series Ounits only.7 Offering Series A, Advisor Series, Series D, Series F,Series I and Series O units only.8 Offering Series A, Advisor Series, Advisor T5 Series,Series T5, Series T8, Series D, Series F, Series FT5,Series FT8 and Series O units only.9 Offering Series A, Advisor Series, Series D, Series F andSeries O units only.10 Offering Series A, Advisor Series, Series T5, Series T8,Series D, Series F, Series FT5, Series FT8 and Series Ounits only.11 Offering Series A, Series D, Series F and Series O units only.12 Offering Series A, Advisor Series, Advisor T5 Series,Series T5, Series D, Series F, Series FT5 and Series Ounits only.13 Offering Series A, Advisor Series, Series T5, Series T8,Series D, Series F, Series FT5, Series FT8, Series I andSeries O units only.14 Offering Series A, Advisor Series, Advisor T5 Series,Series T5, Series F, Series FT5, Series I and Series Ounits only.15 Offering Series A, Advisor Series, Series T5, Series F,Series FT5 and Series O units only.16 Offering Series A, Advisor Series, Advisor T5 Series,Series T5, Series F, Series FT5 and Series O units only.17 Offering Series A, Advisor Series, Series T5, Series D,Series F, Series FT5 and Series O units only.18 Offering Series A, Advisor Series, Advisor T5 Series,Series T5, Series H, Series D, Series F, Series FT5, Series Iand Series O units only.19 Offering Series A, Advisor Series, Advisor T5 Series,Series T5, Series T8, Series D, Series F, Series FT5,Series FT8, Series I and Series O units only.20 Offering Series F and Series O units only.21 Offering Series O units only.22 Offering Series A, Advisor Series, Series T5, Series D,Series F, Series FT5, Series I and Series O units only.23 Offering Series A, Advisor Series, Series D, Series DZ,Series F and Series O units only.24 Offering Series A, Advisor Series, Series T5, Series F,Series FT5 and Series O units only.
RB C F U N D S A ND R B C P R IV A T E P O O L S Annual Information FormTable of ContentsName, formation and history of the funds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2Investment practices and restrictions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13Investments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13Investments in derivative instruments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14Securities lending transactions, repurchase agreements and reverse repurchase agreements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14Investment restrictions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15Tax status . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22Description of units of the funds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22Meeting of unitholders . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23Calculation of unit value . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24Valuation of securities held by a fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25Purchases, switches and redemptions of units . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28How to buy, redeem and switch . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28Restrictions on purchases of units of certain funds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33Purchase options for Advisor Series and Advisor T5 Series units . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33Switches and reclassifications of units . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35Redemptions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35When you may not be allowed to redeem your units . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37Responsibility for operations of the funds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 38Manager, trustee and portfolio manager . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 38Principal distributor . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 39Investment sub-advisors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40Brokerage arrangements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 55Custodian . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 58Auditor . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 58Registrar . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 58Securities lending agent . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 58Independent Review Committee . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 58Conflicts of interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 59Principal holders of securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 59Affiliated entities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100Corporate governance of the funds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 102Policies, procedures, practices and guidelines . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 102Independent Review Committee . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 102Policies and procedures regarding proxy voting . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 103Voting rights and fund-of-fund investments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 104Management fee distributions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 104Short-term trading . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 105Income tax considerations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 105Taxation of the funds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 106Investments in income trusts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 107Taxation of unitholders . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 108Tax forms . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 109Registered plans and TFSAs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 109Eligibility for registered plans and TFSAs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 109About RESPs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 110International Information Reporting . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 110Remuneration of directors, officers and trustee . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 111Material contracts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 111Other information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 111Certificate of the Funds, the Manager, the Promoter and the Principal Distributor of the Funds (other than Series A) . . . . . . . . . . . . . . C-1Certificate of the Principal Distributor of the Funds (Series A) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . C-21
RB C F U N D S A ND R B C P R IV A T E P O O L S Annual Information FormName, formation and history of the fundsThis annual information form contains information about the RBC Funds (collectively, the RBC Funds) and the RBC Private Pools(collectively, the RBC Private Pools and together with the RBC Funds, the funds) listed on the cover page. In this document: we, us and our refer to RBC Global Asset Management Inc. (RBC GAM); fund or funds refers to the funds or series of the funds listed on the front cover; and the term portfolios refers to the RBC Retirement Income Solution, the RBC Retirement Portfolios, the RBC Select Portfolios,the RBC Select Choices Portfolios, the RBC Managed Payout Solution, the RBC Managed Payout Solution – Enhanced andthe RBC Managed Payout Solution – Enhanced Plus described in this annual information form and portfolio refers to eachindividual fund.The principal address of each of the funds is c/o RBC Global Asset Management Inc., 155 Wellington Street West, Suite 2200,Toronto, Ontario, M5V 3K7.RBC GAM is the manager, trustee and primary portfolio manager of each of the funds. RBC GAM is also the principaldistributor of the funds other than Series A units. RBC GAM was formed upon the amalgamation of Phillips, Hager & NorthInvestment Management Ltd. (PH&N) and its affiliate, RBC Asset Management Inc., effective November 1, 2010. EffectiveNovember 1, 2013, RBC GAM amalgamated with its wholly owned subsidiary, BonaVista Asset Management Ltd., with theresulting entity keeping the RBC GAM name. Royal Mutual Funds Inc. (RMFI) is the principal distributor of Series A units of thefunds. RBC GAM is the primary investment manager for the RBC businesses serving the needs of private clients, includingthe RBC Funds, PH&N Funds and RBC Private Pools. RBC Investor Services Trust (RBC IS) is the custodian of all of the funds.See Responsibility for operations of the funds on page 38. RBC GAM, RMFI, RBC Direct Investing Inc. (RBC DI), RBC DominionSecurities Inc. (RBC DS), RBC IS and Phillips, Hager & North Investment Funds Ltd. (PH&N IF ) are all wholly owned subsidiariesof Royal Bank of Canada (Royal Bank). We refer to Royal Bank and affiliated companies of Royal Bank as RBC.Each fund is divided into multiple series of units of participation (units) representing interests in a fund held byunitholders (unitholders).All dollar amounts in this document are in Canadian dollars, unless we state otherwise. In certain instances, references tohistorical information in respect of a merged fund includes the relevant information for both the terminating and continuing fund.Each RBC Fund is an open-ended mutual fund trust governed by the laws of Ontario and governed by an amended and restatedmaster declaration of trust dated as of April 12, 2017 (Master RBC Funds Declaration of Trust) signed by RBC GAM as trusteeof the funds and a regulation in respect of each fund.Each RBC Private Pool is an open-ended mutual fund trust governed by the laws of Ontario and governed by a seventh amendedand restated declaration of trust dated as of June 30, 2016 (Master RBC Private Pools Declaration of Trust) and a supplementor amended and restated supplement, as applicable in respect of each fund signed by RBC GAM as the trustee of funds.Each fund was established on the date indicated in the following table (which, for the purpose of this document, means thedate on which the fund first offered its units; other series of the fund may have been offered after this date). The RBC PrivatePools established prior to August 21, 2003 did not offer units publicly until that date. The table also shows whether thefunds’ names have changed and any major events affecting the funds in the last 10 years (such as amalgamations, mergers,reorganizations, asset transfers, changes in fundamental investment objectives or material investment strategies and changesin a portfolio advisor or the manager).2
RB C F U N D S A ND R B C P R IV A T E P O O L S Annual Information FormFUNDDATE OF FORMATIONCHANGESRBC Canadian T-Bill FundJanuary 25, 1991Not applicable.RBC Canadian Money Market FundSeptember 18, 1986Not applicable.RBC Premium Money Market FundFebruary 3, 1997Not applicable.RBC U.S. Money Market FundJuly 5, 1990Not applicable.RBC Premium U.S. MoneyMarket FundOctober 25, 2007Not applicable.RBC Canadian Short-TermIncome FundJanuary 27, 1992Not applicable.RBC Monthly Income Bond FundSeptember 27, 2010Not applicable.RBC Canadian Bond Index FundOctober 29, 1999At the close of business on June 30, 2017, the investmentobjective of the fund was amended to provide the fundwith the ability to invest in other mutual funds managedby RBC GAM or an affiliate of RBC GAM. The investmentstrategies of the fund were amended to reflect achange to the index the fund tracks from the FTSE TMXCanada Universe Bond Index to the FTSE TMX CanadaUniverse Maple Bond Index, effective on or aboutSeptember 15, 2017.RBC FUNDSMoney Market FundsFixed-Income FundsRBC Canadian Bond Index Fund was formerly known asRBC Advisor Canadian Bond Fund. The name of this fundwas changed effective June 30, 2017.RBC Canadian GovernmentBond Index FundMay 9, 2000At the close of business on June 30, 2017, the investmentobjective of the fund was amended to provide the fundwith the ability to invest in other mutual funds managedby RBC GAM or an affiliate of RBC GAM. The investmentstrategies of the fund were amended to refer to theFTSE TMX Canada Federal Bond Index, the index thefund tracks.RBC Canadian Government Bond Index Fund was formerlyknown as RBC Canadian Bond Index Fund. The name ofthis fund was changed effective June 29, 2011.RBC Bond FundJuly 29, 1966At the close of business on November 27, 2015, theRBC Private Canadian Bond Pool was merged into theRBC Bond Fund.3
RB C F U N D S A ND R B C P R IV A T E P O O L S Annual Information FormFUNDDATE OF FORMATIONCHANGESAugust 26, 2002RBC Vision Bond Fund was formerly known as Phillips,Hager & North Community Values Bond Fund. The nameof this fund was changed effective June 30, 2017.Fixed-Income Funds (cont.)RBC Vision Bond FundThe Phillips, Hager & North Community Values Bond Fundwas created on August 26, 2002 but was not offeredpursuant to the RBC Funds simplified prospectus andRBC Funds master declaration of trust until June 30, 2017.RBC Global Bond FundJuly 5, 1991At the close of business on June 27, 2014, theRBC Private Global Bond Pool was merged into theRBC Global Bond Fund.RBC U.S. Investment GradeCorporate Bond FundJune 24, 2013Not applicable.RBC Global Corporate Bond FundAugust 23, 2004Not applicable.RBC High Yield Bond FundSeptember 27, 2010Not applicable.RBC U.S. High Yield Bond FundJune 24, 2013Not applicable.RBC Global High Yield Bond FundOctober 15, 2001RBC Global High Yield Bond Fund was formerly knownas RBC Global High Yield Fund. The name of this fundchanged effective June 29, 2011.RBC Strategic Income Bond FundJune 24, 2013RBC Strategic Income Bond Fund was formerly known asRBC Monthly Income High Yield Bond Fund. The name ofthis fund was changed effective January 25, 2016.RBC Emerging MarketsForeign Exchange FundNovember 14, 2014RBC Emerging Markets Foreign Exchange Fund wasoriginally established on October 23, 2012, but was notpreviously publicly offered.RBC Emerging Markets Bond FundJune 23, 2010Not applicable.RBC Emerging Markets Bond Fund(CAD Hedged)June 27, 2016Not applicable.BlueBay Global Monthly IncomeBond FundApril 7, 2011Not applicable.BlueBay Global SovereignBond Fund (Canada)November 1, 2016Not applicable.BlueBay Global Investment GradeCorporate Bond Fund (Canada)November 1, 2016Not applicable.BlueBay European High YieldBond Fund (Canada)June 27, 2016Not applicable.BlueBay Emerging MarketsCorporate Bond FundDecember 16, 2011Not applicable.4
RB C F U N D S A ND R B C P R IV A T E P O O L S Annual Information FormFUNDDATE OF FORMATIONCHANGESBlueBay Global Convertible BondFund (Canada)November 8, 2012Not applicable.BlueBay U.S. Global ConvertibleBond Fund (Canada)March 19, 2015Not applicable.RBC Managed Payout SolutionAugust 23, 2004RBC Managed Payout Solution was formerly known asRBC Cash Flow Portfolio. The name of this fund changedeffective June 27, 2008.RBC Managed Payout Solution –EnhancedAugust 23, 2004RBC Managed Payout Solution – Enhanced was formerlyknown as RBC Enhanced Cash Flow Portfolio. The nameof this fund changed effective June 27, 2008.RBC Managed Payout Solution –Enhanced PlusApril 15, 2002At the close of business on June 23, 2014, theinvestment objective of the RBC Managed PayoutSolution – Enhanced Plus was amended to provide thefund with the ability to invest in other mutual fundsmanaged by RBC GAM or an affiliate of RBC GAM.Fixed-Income Funds (cont.)Managed Payout SolutionsRBC Managed Payout Solution – Enhanced Plus wasformerly known as RBC Tax Managed Return Fund. Thename of this fund changed effective June 27, 2008.Balanced Funds and Portfolio SolutionsRBC Monthly Income FundJune 23, 1997Not applicable.RBC U.S. Monthly Income FundMay 6, 2005RBC U.S. Monthly Income Fund was formerly knownas RBC U.S. Income Fund. The name of this fund waschanged effective June 27, 2014.RBC Balanced FundSeptember 17, 1987Not applicable.RBC Global Balanced FundMarch 3, 1998RBC Global Balanced Fund was formerly known asRBC Balanced Growth Fund. The name of this fund waschanged effective June 29, 2011.RBC Vision Balanced FundJuly 3, 2007At the close of business on June 30, 2017, the investmentobjective of the RBC Vision Balanced Fund was amended toprovide the fund with the ability to invest in other mutualfunds managed by RBC GAM or an affiliate of RBC GAM.At the close of business on June 30, 2017, the Phillips,Hager & North Community Values Balanced Fund wasmerged into the RBC Vision Balanced Fund.RBC Vision Balanced Fund was formerly known as theRBC Jantzi Balanced Fund. The name of this fund waschanged effective June 30, 2017.5
RB C F U N D S A ND R B C P R IV A T E P O O L S Annual Information FormFUNDDATE OF FORMATIONCHANGESBalanced Funds and Portfolio Solutions (cont.)RBC Conservative Growth &Income FundNovember 12, 2014Not applicable.RBC Balanced Growth &Income FundJune 24, 2013Not applicable.RBC Global Growth &Income FundJanuary 11, 2016Not applicable.RBC Retirement Income SolutionSeptember 23, 2016Not applicable.RBC Retirement 2020 PortfolioSeptember 23, 2016Not applicable.RBC Retirement 2025 PortfolioSeptember 23, 2016Not applicable.RBC Retirement 2030 PortfolioSeptember 23, 2016Not applicable.RBC Retirement 2035 PortfolioSeptember 23, 2016Not applicable.RBC Retirement 2040 PortfolioSeptember 23, 2016Not applicable.RBC Retirement 2045 PortfolioSeptember 23, 2016Not applicable.RBC Retirement 2050 PortfolioSeptember 23, 2016Not applicable.RBC Select Very ConservativePortfolioMarch 2, 2009Not applicable.RBC Select Conservative PortfolioDecember 11, 1986Not applicable.RBC Select Balanced PortfolioDecember 11, 1986At the close of business on June 27, 2014, theRBC DS Balanced Global Portfolio was merged intothe RBC Select Balanced Portfolio.RBC Select Growth PortfolioDecember 11, 1986At the close of business on June 27, 2014, theRBC DS Growth Global Portfolio was merged into theRBC Select Growth Portfolio.RBC Select AggressiveGrowth PortfolioJanuary 19, 2007At the close of business on June 27, 2014, theRBC DS All Equity Global Portfolio was merged intothe RBC Select Aggressive Growth Portfolio.RBC Select Choices ConservativePortfolioJune 5, 2000Not applicable.RBC Select Choices BalancedPortfolioJune 5, 2000Not applicable.RB
2 RBC FUNDS AND RBC PRIVATE POOLS Annual Information Form Name, formation and history of the funds This annual information form contains information about the RBC Funds (collectively, the RBC Funds) and the RBC Private Pools (collectively, the RBC Private Pools and together with the RBC Funds, the ) listed on the cover page. In this document:funds we, us and our refer to RBC Global Asset .
2 RBC FUNDS AND RBC PRIVATE POOLS Annual Information Form Name, formation and history of the funds This annual information form contains information about the RBC Funds (collectively, the RBC Funds) and the RBC Private Pools (collectively, the RBC Private Pools and together with the RBC Funds, the ) listed on the cover page. In this document:funds › we, us and our refer to RBC Global Asset .
The views expressed herein reflect the RBC GAM-US as of 6.30.17. Views are subject to change at any time based on market or other conditions. RBC Global Asset Management (U.S.) Inc. (“RBC Global Asset Management - US” or “RBC GAM-US”) is a federally registered investment adviser founded in 1983. RBC Global Asset Management (RBC GAM) is the
Dec 31, 2020 · policy”) is to invest in a portfolio of illiquid investments, funds and funds of funds such as hedge funds, private equity funds, real estate funds, infrastructure funds, private investment funds, and other alternative investment vehicles . Therefore, we are hopeful for the Vision ELT fund to re
PANCE/PANRE Review Course RBC Life Cycle Stem cell progenitor in BM influenced by epo to commit to alterations in rbc production Ideal balance of O2 transport and viscosity is a Hct 40-45% (rbc % of total blood volume) Normally only more mature RBC escape the marrow,Normally only more mature RBC escape the marrow, reticulocytes.
RBC Global Asset Management Inc. Daniel E. Chornous, CFA – Chief Investment Officer, RBC Global Asset Management Inc. GLOBAL FIXED INCOME MARKETS . The bond-market outlook 44. Soo Boo Cheah, MBA, CFA – Senior Portfolio Manager, RBC Global Asset Management (UK) Limited Taylor Self, MBA – Senior Analyst, RBC Global Asset Management (UK) Limited
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Brazilian pension funds could not invest in funds that employed leverage or intra-day trading, they can now allocate capital to funds that trade in derivatives or to funds of hedge funds, albeit within fixed limits. The number of private clients investing in alternatives, especially funds of hedge funds, is also increasing. In the past such .
September 2012, after undergoing peer review. Accreditation Report (draft) submitted on 13 March 2012. The Final version was completed in September 2012, after undergoing review by Crown Agents and ERA and subsequent amendments. Final Project Report (draft) submitted on the 13 March 2012. The final version was
