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RBC Global Asset Management Broadens U.S. Fixed Income Solutions with Launch of New Multi-Asset Credit Fund

press release

RBC Global Asset Management (U.S.) • Apr 1, 2026

New multi-asset credit fund seeks to achieve a high level of total return by investing across the spectrum of higher yielding, sub-investment grade credit markets.

Stamford, CT – March 30, 2026 – RBC Global Asset Management (U.S.) Inc. (“RBC GAM-U.S.”) announced today the launch of the RBC BlueBay Credit Opportunities Fund (“the Fund”), a new investment strategy designed specifically for investors seeking income and total return opportunities from U.S. credit markets.

"The credit market appears to be abundant with idiosyncratic opportunities and high-yielding asset classes," said Donald Sanya, CEO of RBC Global Asset Management (U.S.)."We believe dynamically combining these asset classes can help enable investors to build resilient portfolios that have the potential to generate compelling risk-adjusted returns.”

The RBC BlueBay Credit Opportunities Fund is co-led by Tim Leary, Senior Portfolio Manager at RBC Global Asset Management and Andrzej Skiba, Head of U.S. Fixed Income at RBC Global Asset Management.

"We believe U.S. credit remains exceptionally important for investors seeking the potential for strong returns and high income," said Mr. Leary. "The depth and liquidity of the U.S. credit markets, combined with a diverse issuer base across sectors, provide our institutional and intermediary clients with meaningful opportunities to potentially generate attractive risk-adjusted returns. Our focus on U.S. fixed income investments combined with our experience managing credit portfolios helps ensure our investors have the potential to benefit directly from these compelling credit market opportunities to help meet their investment goals."

Share Class

Ticker

Cusip

RCOAX

74933U498

RORIX

74933U480

RCRSX

74933U472

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About RBC Global Asset Management RBC Global Asset Management (RBC GAM) is the asset management division of Royal Bank of Canada (RBC). RBC GAM is a provider of global investment management services and solutions to institutional, high-net-worth and individual investors through separate accounts, pooled funds, mutual funds, hedge funds, exchange-traded funds and specialty investment strategies. RBC Funds, BlueBay Funds, PH&N Funds and RBC ETFs are offered by RBC Global Asset Management Inc. (RBC GAM Inc.) and distributed through authorized dealers in Canada. The RBC GAM group of companies, which includes RBC GAM Inc. (including PH&N Institutional), manage more than $572 billion USD in assets (as of December 31, 2025) and have approximately 1,600 employees located across Canada, the United States, Europe and Asia.

For more information, please contact:

Tony Catinella, RBC Global Asset Management Corporate Communications, 617-763-7232

Mutual fund investing involves risk. Principal loss is possible. Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities. Investments in lower-rated and non-rated securities present a greater risk of loss to principal and interest than higher-rated securities. Investments in foreign securities involve greater volatility and political, economic and currency risks and differences in accounting methods. Derivatives such as futures, forwards, and swaps involve risks different from, and in certain cases, greater than the risks presented by more traditional investments. Collateralized Loan Obligations (CLOs) and structured finance securities present risks similar to those of other types of credit investments, including default (credit), interest rate and prepayment risks. The Fund is new with no operating history. As a result, prospective investors have no track record or history on which to base their investment decisions. These and other risks are described more fully in the prospectus.

Before investing, you should consider carefully a fund’s investment objectives, risks, charges, and expenses. This and other information is in the prospectus, which you can view by visiting https://dfinview.com/usrbcgam or request by calling 800.422.2766. Please read the prospectus carefully before investing.

RBC Global Asset Management (U.S.) Inc. is the Adviser for the RBC Funds Trust. The Funds are distributed by Quasar Distributors, LLC. Securities are offered through RBC Wealth Management, a division of RBC Capital Markets, LLC, member NYSE/FINRA/SIPC.

Disclosure

This material is provided by RBC Global Asset Management (RBC GAM) for informational purposes only and may not be reproduced, distributed or published without the written consent of RBC GAM or its affiliated entities listed herein. This material does not constitute an offer or a solicitation to buy or to sell any security, product or service in any jurisdiction; nor is it intended to provide investment, financial, legal, accounting, tax, or other advice and such information should not be relied or acted upon for providing such advice. This material is not available for distribution to investors in jurisdictions where such distribution would be prohibited.

RBC GAM is the asset management division of Royal Bank of Canada (RBC) which includes RBC Global Asset Management Inc. (RBC GAM Inc.), RBC Global Asset Management (U.S.) Inc. (RBC GAM-US), RBC Global Asset Management (UK) Limited (RBC GAM-UK), and RBC Global Asset Management (Asia) Limited (RBC GAM-Asia), which are separate, but affiliated subsidiaries of RBC.

In Canada, this material is provided by RBC GAM Inc. (including PH&N Institutional), each of which is regulated by each provincial and territorial securities commission with which it is registered. In the United States, this material is provided by RBC GAM-US, a federally registered investment adviser. In Europe this material is provided by RBC GAM-UK, which is authorised and regulated by the UK Financial Conduct Authority. In Asia, this material is provided by RBC GAM-Asia, which is registered with the Securities and Futures Commission (SFC) in Hong Kong.

Additional information about RBC GAM may be found at www.rbcgam.com.

This material has not been reviewed by, and is not registered with any securities or other regulatory authority, and may, where appropriate and permissible, be distributed by the above-listed entities in their respective jurisdictions.

Any investment and economic outlook information contained in this material has been compiled by RBC GAM from various sources. Information obtained from third parties is believed to be reliable, but no representation or warranty, express or implied, is made by RBC GAM, its affiliates or any other person as to its accuracy, completeness or correctness. RBC GAM and its affiliates assume no responsibility for any errors or omissions in such information.

Opinions contained herein reflect the judgment and thought leadership of RBC GAM and are subject to change at any time. Such opinions are for informational purposes only and are not intended to be investment or financial advice and should not be relied or acted upon for providing such advice. RBC GAM does not undertake any obligation or responsibility to update such opinions.

RBC GAM reserves the right at any time and without notice to change, amend or cease publication of this information.

Past performance is not indicative of future results. With all investments there is a risk of loss of all or a portion of the amount invested. Where return estimates are shown, these are provided for illustrative purposes only and should not be construed as a prediction of returns; actual returns may be higher or lower than those shown and may vary substantially, especially over shorter time periods. It is not possible to invest directly in an index.

Some of the statements contained in this material may be considered forward-looking statements which provide current expectations or forecasts of future results or events. Forward-looking statements are not guarantees of future performance or events and involve risks and uncertainties. Do not place undue reliance on these statements because actual results or events may differ materially from those described in such forward-looking statements as a result of various factors. Before making any investment decisions, we encourage you to consider all relevant factors carefully.

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© RBC Global Asset Management Inc., 2026