The fixed-income strategy focuses on ESG standards and principles

RBC Global Asset Management has launched the RBC BlueBay Global Bond Fund.

The company calls it “a globally diversified fixed-income fund designed as a core portfolio holding for U.S. investors.” According to a press release, the group will invest in investment-grade rated fixed-income assets. It will target securities of the international sovereign or corporate issuers.

Meanwhile, in its prospectus, the firm describes “fixed income securities” to include bonds, debt securities, convertible bonds. The fund will also invest in asset-backed securities from U.S. and non-U.S. public- or private- sector entities. In addition, it will tap into derivatives and cash equivalents.

The firm further says that the actively managed fund fully integrates environmental, social, and governance (ESG)principles into its investment process.

More details on the new fund at RBC Global Asset Management

Meanwhile, the Investment Grade team at BlueBay Asset Management will manage the fund. Investors have the option to purchase Class I and Class R6 shares.

“RBC Global Asset Management has built a reputation as a global leader in fixed income solutions,” said Jeff Masom, Head of Global Institutional Distribution at RBC GAM. “The RBC BlueBay Global Bond Fund leverages the depth and expertise of 27 investment professionals on BlueBay’s Investment Grade team. [The group] brings U.S. clients a truly global approach to help meet their fixed income needs.”