RBC GAM Floats Monthly Income Bond Fund

RBC Global Asset Management has rolled out a monthly income bond fund.

RBC Global Asset Management has rolled out a monthly income bond fund. The BlueBay Global Monthly Income Bond Fund will invest majorly in global high yield debt, emerging market government and corporate debt securities, as well as global convertible bonds.

BlueBay Asset Management is the sub-advisor of the new portfolio. The bond fund is available to individual and institutional investors in Canada from July 11, 2011.

Click here for the release from Canada Newswire.