Mutual Fund Updates

RBC European Equity Fund

European equities remain attractively valued when compared to their North American brethren. Given the struggles in many European economies, these valuations may be justified. Aggressive stimulus action from the European Central Bank has the potential to spur a liquidity driven rally that may push prices up. Unfortunately we can’t say when or even if that will happen. But if you have a long-term...

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RBC Emerging Markets Equity

Launched in December 2009, this emerging markets fund shows a lot of promise. Managed by veteran Phillippe Langham and his team using a “Growth at a Reasonable Price” approach, performance has been very strong. To the end of July, it has gained an annualized 8.10% for the past three years, handily outpacing both the index and many of its peers. Perhaps more impressive, the fund’s overall...

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RBC Global Dividend Growth

Investing industry leading companies located anywhere around the world, the managers like companies with consistent and predictable profit growth, and the ability to pay and grow dividends. Performance, particularly recently, has been strong. It has been one of the better global equity funds around since 2011. For the three years ending July 31, it’s gained an annualized 16.4%, handily outpacing...

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RBC O’Shaughnessy Global Equity

This is managed using a quantitative strategy designed by Jim O’Shaughnessy. He screens the global equity universe looking for characteristics such as strong sales growth, cash flow, and dividend yield. He also considers trading liquidity. This could serve as a core global equity fund, with its diversified portfolio and go anywhere mandate. The portfolio is made up of the top 200 rated stocks...

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Trimark Income Growth Fund

Fund Company Invesco Canada Ltd. Fund Type Canadian Equity Balanced Rating   Style Blend Risk Level Medium Load Status Optional RRSP/RRIF Suitability Good TFSA Suitability Good Manager Jennifer Hartviksen since September 2013 Alan Mannik since June 2012 Clayton Zacharias since June 2012 MER 1.82% Front End, 2.63% DSC Code AIM 1543 – Front End Units AIM 1541 – DSC Units Minimum Investment...

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RBC Canadian Dividend Fund

Fund Company RBC Global Asset Management Fund Type Canadian Dividend and Income Equity Rating B Style Large Cap Blend Risk Level Medium Load Status No Load / Optional RRSP/RRIF Suitability Excellent TFSA Suitability Excellent Manager Stu Kedwell since April 2007 Doug Raymond since April 2007 MER 1.79% Code RBF 266 – No Load Units RBF 759 – Front End Units Minimum Investment $500 Analysis: In my...

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