RBC Global Asset Management Inc. announces the capping and closure of RBC QUBE Low Volatility Emerging Markets Equity Fund - Royal Bank of Canada (NYSE:RY)
Royal Bank of Canada(US:RY) Benzinga·2026-01-28 21:35The decision to close the Fund was driven by its limited growth potential.Unitholders may redeem or switch their holdings in the Fund until market close on March 26, 2026. Any remaining units will be redeemed, and the proceeds distributed to unitholders.For units of the Fund that are held in a non-registered account, the fund closure will be treated as a disposition and may result in a taxable capital gain or loss, depending on each unitholder's individual situation.Unitholders are encouraged to contact the ...