RBC Global Asset Management (RBC GAM) has rolled out the QUBE Low Volatility Global Equity Fund, available for investment by individual and institutional investors in Canada.
Commenting on the launch, RBC GAM quantitative investments head Bill Tilford said, "Like our other low-volatility solutions, this fund seeks to provide investors with 30 percent less volatility than a standard equity portfolio, as well as downside protection and strong risk-adjusted return potential."
The QUBE low volatility global equity fund is a suitable investment option for investors looking for a defensive core equity investment with the potential to earn equity-like returns, but with less volatility than a traditional equity portfolio.
Leveraging a custom risk model, the low-volatility strategies has been prepared to measure and forecast risk, monitor daily and adjust to deal with changes to risk and return profiles.
RBC GAM is the asset management division of Royal Bank of Canada (RBC), and comprises institutional money managers BlueBay Asset Management, Phillips, Hager & North Investment Management and RBC Global Asset Management (US).
Having a workforce of nearly 1,000 employees located across Canada, the US, Europe and Asia, RBC GAM group of companies manage more than $280bn in assets.