RBC Global Asset Management Inc. announces management fee reduction for RBC Select Balanced Portfolio

Group 1 - RBC Global Asset Management Inc. announced a reduction in management fees for certain series of the RBC Select Balanced Portfolio, effective January 1, 2026 [1] - The management fee for Series F and FT5 of the RBC Select Balanced Portfolio will decrease from 0.78% to 0.70% [1] - RBC GAM Inc. conducts ongoing reviews of management and administration fees [1] Group 2 - RBC Global Asset Management is the asset management division of Royal Bank of Canada, managing approximately $790 billion in assets [5] - RBC GAM provides a range of investment management services and solutions to various types of investors, including institutional and individual clients [5] - The company employs around 1,600 staff across Canada, the United States, Europe, and Asia [5]