Announces re-alignment of fund suites following socially responsible investing principles 

Phillips, Hager & North Community Values Bond Fund to re-open to new investors 

TORONTO, June 27, 2017 — RBC Global Asset Management Inc. (RBC GAM Inc.) today announced that effective June 30, 2017, the funds within its two socially responsible investing (SRI) line-ups, PH&N Community Values Funds and RBC Jantzi Funds, which are merging on June 30, 2017, will be renamed and become part of the suite of RBC Vision Funds. 

“When we first introduced the RBC Jantzi Funds ten years ago, RBC was the first major Canadian bank to offer investors SRI solutions,” said Doug Coulter, president of RBC GAM Inc. “Over the past decade a growing number of investors have sought out investment solutions with socially responsible mandates. We believe that these options will continue to attract the interest of investors and advisors. As we look to the future, we look forward to further expanding our line-up of RBC Vision Funds.” 

This name change is further to mergers that RBC GAM Inc. announced in April, in which certain PH&N Community Values Funds will merge with RBC Jantzi Funds to create one cohesive suite of funds with SRI mandates. The continuing RBC Jantzi Funds, along with the Phillips, Hager & North Community Values Bond Fund, will be renamed and included as part of the RBC Vision Funds suite as follows:

Current Name	New Name
Phillips, Hager & North Community Values Bond Fund	RBC Vision Bond Fund
RBC Jantzi Balanced Fund	RBC Vision Balanced Fund
RBC Jantzi Canadian Equity Fund	RBC Vision Canadian Equity Fund
RBC Jantzi Global Equity Fund	RBC Vision Global Equity Fund

“The RBC Vision Funds use a process to screen portfolio holdings using SRI criteria, which determines each fund’s investable universe,” added Judy Cotte, VP and Head of Corporate Governance and Responsible Investment. “As a result, these solutions allow our clients to align their investments with their environmental and social values.” 

Additionally, Phillips, Hager & North Community Values Bond Fund (the Fund), which will be renamed RBC Vision Bond Fund, will re-open to new investors effective June 30, 2017. 

The Fund was capped to new investors on July 4, 2016. RBC GAM Inc. proactively made the decision to limit inflows to this Fund in order to preserve the portfolio management teams' ability to fulfill their mandates over the long term and to maintain the integrity of their disciplined management approach.  

The Fund currently has additional capacity, allowing for purchases by new investors. RBC GAM Inc. reserves the right to cap the Fund or otherwise restrict investment at a later date. 

Please consult your advisor and read the prospectus or Fund Facts document before investing. There may be commissions, trailing commissions, management fees and expenses associated with mutual fund investments. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. RBC Funds, PH&N Funds and BlueBay Funds are offered by RBC Global Asset Management Inc. and distributed through authorized dealers.