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Stock impact report

RBC Global Asset Management Inc. announces fee reductions for certain RBC Funds and PH&N Funds [Globe and Mail, The (Toronto, Canada)]

Royal Bank Of Canada (RY) 
Last royal bank of canada earnings: 2/21 06:00 am Check Earnings Report
US:NYSE Investor Relations: rbc.com/investorrelations/index.html
Management fee reductions for certain RBC Funds and PH&N Funds As disclosed in the simplified prospectuses for RBC Funds and PH&N Funds, as the asset mix of each RBC Target Education Fund, RBC Retirement Portfolio and Phillips, Hager & North LifeTime Fund becomes more conservative, the management fee for each fund will be reduced to reflect the more conservative asset mix. In addition, management fees will be reduced for RBC Select Conservative Portfolio. As of January 1, 2025 , the management fee has been reduced for the following funds and their applicable series, as outlined in the table below: Fund Series Management Fee Current Effective January 1, RBC Select Conservative Portfolio A 1.50 % 1.45 % RBC Select Conservative Portfolio T5 1.50 % 1.45 % RBC Select Conservative Portfolio F 0.75 % 0.70 % RBC Select Conservative Portfolio FT5 0.75 % 0.70 % RBC Target 2025 Education Fund A 0.88 % 0.30 % RBC Target 2025 Education Fund Show less Read more
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