RBC Global Asset Management has established the RBC Global Equity Focus Fund, the RBC International Equity Currency Neutral Fund and Series T5 units of the BlueBay Global Convertible Bond Fund, available to individual and institutional investors across Canada.

RBC Global Asset Management has established the RBC Global Equity Focus Fund, the RBC International Equity Currency Neutral Fund and Series T5 units of the BlueBay Global Convertible Bond Fund, available to individual and institutional investors across Canada.

The RBC Global Equity Focus Fund invests primarily in 30-70 “high-quality” companies from around the world. “Stock selection is based on an understanding of the company, its business and outlook,” RBC said.

The fund is aimed at those investors seeking a “combination of wealth generation and wealth preservation,” with a long-term investment horizon and medium risk level tolerance.

Meanwhile, the RBC International Equity Currency Neutral Fund is a currency-hedged option of the RBC International Equity Fund, suitable for investors who are looking to diversify their equity portfolio outside of North America. Currency movements have a minimal effect on the its returns due to a passive currency hedging strategy, RBC said.

Like the RBC Global Equity Focus Fund, investors should have a long-term investment horizon and should be able to tolerate a medium level of risk.

Series T5 Global convertible bonds, RBC explained, are a fixed income solution that combine the security of bonds with the upside potential of equities. The fund offers Canadians the potential for “enhanced diversification and risk management” via access to the global convertible bond markets.

Also available in corporate class, they are structured to provide an annual payout in the form of tax-efficient monthly payments.

“These units are suited for investors and retirees who are looking to establish steady cash flow, while minimizing the tax impact of interest income,” RBC said.