RBC Global Asset Management

RBC | December 06, 2016

RBC Global Asset Management Inc. today announced November mutual fund net sales of $533 million. Long-term funds had net sales of $556 million and money market funds had net redemptions of $23 million. Assets under management increased by 0.4 per cent. “As in recent months, RBC Select Portfolios were among our top selling solutions,” said Doug Coulter, president of RBC Global Asset Management Inc. "We launched the RBC Select Portfolios 30 years ago this month, and we are proud o...

RBC | November 28, 2016

RBC Global Asset Management Inc. (RBC GAM Inc.) today announced the expansion of its mutual fund lineup with the launch of RBC Trend Canadian Equity Fund. This Fund uses a rules-based, trend-following approach that aims to deliver attractive absolute returns with reduced downside risk. RBC Trend Canadian Equity Fund’s investment strategy is based on the investment thesis that recent trends in security prices tend to continue for a period of time. The Fund also takes a tactical approach to ...

RBC | December 19, 2016

RBC Global Asset Management Inc. today announced the estimated 2016 annual reinvested capital gains distributions for unitholders of RBC ETFs.Unitholders of record on December 30, 2016 will receive the 2016 reinvested distributions. The ex-dividend date is December 28, 2016....

Tesla | January 13, 2020

Tesla stock continued to rally Monday, rising 5% and passing $500 per share for the first time. That puts Tesla at a fresh all-time high as it continues to soar on its entrance into China and optimistic delivery figures. The stock has more than doubled over the past three months, according to FactSet. The recent gains bring Tesla’s market cap to about $90 billion, which is nearly $5 billion more than that of General Motors and Ford combined. The companies’ market caps, which measure ...