Home Breadcrumb caret Industry News Breadcrumb caret Industry RBC launches 5 global portfolios The new offerings are designed to minimize home-country bias By Staff | July 15, 2019 | Last updated on July 15, 2019 1 min read © XtockImages / Thinkstock Toronto-based RBC Global Asset Management Inc. (RBC GAM) announced on Monday the launch of RBC Global Portfolios, which are designed to minimize home-country bias. The portfolios consist of mutual funds actively managed by RBC GAM, BlueBay Asset Management LLP and RBC iShares ETFs, and come in five options, ranging from “very conservative” to “all-equity.” Holdings of Canadian equities are minimal throughout the portfolio lineup, ranging from 0.4% to 1.4%. “Canadians are becoming increasingly aware of how concentrated their investments are in Canada,” Doug Coulter, president of RBC GAM, said in a release. “They have been asking for more global investment options to diversify their holdings, and RBC Global Portfolios is our answer, building on RBC GAM’s 30-plus years of managing portfolio solutions.” Also read: Why home-country bias can hurt clients Staff The staff of Advisor.ca have been covering news for financial advisors since 1998. Save Stroke 1 Print Group 8 Share LI logo