RBC O'Shaughnessy U.S. Growth Fund Being Capped to New Investors

TORONTO, March 31, 2006 - RBC Asset Management Inc. announced today its decision to close the RBC O'Shaughnessy U.S. Growth Fund to new purchases effective June 30, 2006. This change will not affect existing investments in the Fund.

The RBC O'Shaughnessy U.S. Growth Fund has been extremely successful and has grown rapidly in size. Closing the Fund to new purchases will provide the best opportunity for continued success due to the regular rebalancing inherent in its investment approach.

Unitholders with pre-authorized investment plans established with RBC Asset Management prior to June 30, 2006 may continue to make these regular contributions. In addition, purchases through automatically reinvested distributions will continue unless a unitholder instructs their dealer otherwise.

For further information, please contact:
Kathy Bevan, Media Relations, (416) 974-8810