News - Enforcing and reinforcing a bond of trust

With RBC, the answer lies in a rigorous, independent review and audit of RBC Funds. Since 1994, the advisory Board of Governors of RBC Funds has provided independent fund governance and oversight of the fund managers’ activities. The Board meets with management at least four times a year to discuss industry issues, review fund policies, rule on potential conflicts of interest, and ensure that internal controls are working effectively.

The mandate of the Board of Governors is to “…advise the Trustee and any Manager in the administration of its duties and deal with situations where there exists a conflict or potential for conflict between the interests of the Trustee or the Manager on the one hand and the interests of such Fund and the Participant thereof on the other.”

That’s a long way of saying that the interests of investors, including those who hold units as Group Plan members, come first at RBC.

To learn more about RBC’s dedication to compliance, see our guidebook Mutual Funds and Governance: Taking Care of Your Investments.