Other links

You are currently viewing the Canadian Institutional website. You can change your location here or visit other RBC GAM websites.

Welcome to the RBC Global Asset Management site for Institutional Investors
Français

In order to proceed to the site, please accept our Terms & Conditions.

Please read the following terms and conditions carefully. By accessing rbcgam.com and any pages thereof (the "site"), you agree to be bound by these terms and conditions as well as any future revisions RBC Global Asset Management Inc. ("RBC GAM Inc.") may make in its discretion. If you do not agree to the terms and conditions below, do not access this website, or any pages thereof. Phillips, Hager & North Investment Management is a division of RBC GAM Inc. PH&N Institutional is the institutional business division of RBC GAM Inc.

No Offer

Products and services of RBC GAM Inc. are only offered in jurisdictions where they may be lawfully offered for sale. The contents of this site do not constitute an offer to sell or a solicitation to buy products or services to any person in a jurisdiction where such offer or solicitation is considered unlawful.

No information included on this site is to be construed as investment advice or as a recommendation or a representation about the suitability or appropriateness of any product or service. The amount of risk associated with any particular investment depends largely on the investor's own circumstances.

No Reliance

The material on this site has been provided by RBC GAM Inc. for information purposes only and may not be reproduced, distributed or published without the written consent of RBC GAM Inc. It is for general information only and is not, nor does it purport to be, a complete description of the investment solutions and strategies offered by RBC GAM Inc., including RBC Funds, RBC Private Pools, PH&N Funds, RBC Corporate Class Funds and RBC ETFs (the "Funds"). If there is an inconsistency between this document and the respective offering documents, the provisions of the respective offering documents shall prevail.

RBC GAM Inc. takes reasonable steps to provide up-to-date, accurate and reliable information, and believes the information to be so when published. Information obtained from third parties is believed to be reliable, but no representation or warranty, express or implied, is made by RBC GAM Inc., its affiliates or any other person as to its accuracy, completeness, reliability or correctness. RBC GAM Inc. assumes no responsibility for any errors or omissions in such information. The views and opinions expressed herein are those of RBC GAM Inc. and are subject to change without notice.

About Our Funds

The Funds are offered by RBC GAM Inc. and distributed through authorized dealers. Commissions, trailing commissions, management fees and expenses all may be associated with the Funds. Please read the offering materials for a particular fund before investing. The performance data provided are historical returns, they are not intended to reflect future values of any of the funds or returns on investment in these funds. Further, the performance data provided assumes reinvestment of distributions only and does not take into account sales, redemption, distribution or optional charges or income taxes payable by any unitholder that would have reduced returns. The unit values of non-money market funds change frequently. For money market funds, there can be no assurances that the fund will be able to maintain its net asset value per unit at a constant amount or that the full amount of your investment in the fund will be returned to you. Mutual fund securities are not guaranteed by the Canada Deposit Insurance Corporation or by any other government deposit insurer. Past performance may not be repeated. ETF units are bought and sold at market price on a stock exchange and brokerage commissions will reduce returns. RBC ETFs do not seek to return any predetermined amount at maturity. Index returns do not represent RBC ETF returns.

About RBC Global Asset Management

RBC Global Asset Management is the asset management division of Royal Bank of Canada ("RBC") which includes the following affiliates around the world, all indirect subsidiaries of RBC: RBC GAM Inc. (including Phillips, Hager & North Investment Management and PH&N Institutional), RBC Global Asset Management (U.S.) Inc., RBC Global Asset Management (UK) Limited, RBC Investment Management (Asia) Limited, BlueBay Asset Management LLP, and BlueBay Asset Management USA LLC.

Forward-Looking Statements

This website may contain forward-looking statements about general economic factors which are not guarantees of future performance. Forward-looking statements involve inherent risk and uncertainties, so it is possible that predictions, forecasts, projections and other forward-looking statements will not be achieved. We caution you not to place undue reliance on these statements as a number of important factors could cause actual events or results to differ materially from those expressed or implied in any forward-looking statement. All opinions in forward-looking statements are subject to change without notice and are provided in good faith but without legal responsibility.

Accept Decline

Our most comprehensive offering for Canadian institutional investors, Delegated Portfolio Solutions (DPS), represents the evolution of PH&N Institutional’s experience and expertise, underscored by the global scope of RBC Global Asset Management’s (RBC GAM) distinct investment strength and operational excellence.

An evolving landscape

What are Delegated Portfolio Solutions?

Our commitment to client service

DPS was launched in response to growing interest among clients for an integrated portfolio management and oversight service. With DPS, our clients have the opportunity to delegate key investment management and governance functions to us. The engagement could entail expert counsel on strategic policy development, with ongoing dynamic and tactical risk management, and even the governance oversight of a fully outsourced chief investment officer (OCIO), as determined by the client’s in-house resources and preference.

Our DPS offering is distinguished by the degree of discretion PH&N Institutional assumes in executing investment management and governance functions on behalf of institutional trustees.

Fully depicted, our governance framework includes:

  • Investment policy advice and design

    We work collaboratively with clients to identify and understand their specific objectives and define an investment program that is comprehensive and robust.

  • Portfolio execution and ongoing management

    Using proprietary tools, we execute and manage the portfolio, from customized strategic asset allocation to dynamic adjustment to manager oversight.

  • Portfolio monitoring and reporting

    DPS portfolios are monitored and measured on a daily basis to gather appropriate metrics for evaluating the strategy as well as manager performance.

  • Client service and education

    We deliver timely, relevant, and comprehensive updates, as well as ongoing educational support.

Perspective

55+ years participating in capital markets on behalf of institutional investors

Breadth

23 RBC GAM investment teams managing a full spectrum of investment strategies

Strategy

Proven ability to design and manage tailored investment solutions

Performance

Committed to delivering strong, risk-adjusted returns, relative to peers and objectives

Infrastructure

The established systems, policies, and procedures of a leading asset manager

Service

Market leading institutional client service and transparent reporting1

Cost

No additional layer of fees

1 Phillips, Hager & North Investment Management (now known as PH&N Institutional) was named a 2020 Greenwich Quality Leader in Canadian Institutional Investment Management Service. Greenwich Quality Leaders are distinguished for providing the industry’s highest-quality service as determined by Canadian institutional investors. We have been recognized as a Greenwich Quality Leader for the past seven years.

Each DPS client accesses the aggregate talent pool and infrastructure of PH&N Institutional and RBC GAM via their PH&N Institutional portfolio management team. On their behalf, the PH&N Institutional professionals harness relevant expertise from across the organization, and evolve the program over time, as warranted by client-related and market-driven changes.

Client
PH&N Institutional Portfolio Management Team
Delegated Portfolio Solutions

Institutional Portfolio Solutions (IPS)

Investment Advisory & Solution Design

RBC Investment Strategy Committee

Asset Class Outlook, Tactical Asset Allocation, & Research

Investment Professionals

Strategy/Fund Management, Risk Management

Office of the CIO

Fund Manager Monitoring & Risk Oversight

Operational Management

Compliance Monitoring, Legal Oversight

DPS Implementation Group

Monitoring & Consistency Assurance across DPS Clients