Toronto-based RBC Global Asset Management Inc. (RBCGAM) will change the names of two funds on June 30.
RBC U.S. Mid-Cap Equity Fund will become RBC U.S. Mid-Cap Growth Equity Fund. RBC U.S. Mid-Cap Equity Currency Neutral Fund will be renamed RBC U.S. Mid-Cap Growth Equity Currency Neutral Fund.
“The investment objectives and strategies of the funds have not changed,” states the firm’s announcement released Monday. “The new names more clearly identify the funds’ investment processes and the types of investments the funds hold.”
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