RBC Asset Management Introduces Series I Option For 13 RBC Funds

TORONTO, February 5, 2008 — RBC Asset Management Inc. introduced Series I units of 13 existing RBC Funds. Series I units are available in fee-based accounts offered through full-service dealers, have a minimum investment amount of $500,000 per fund and lower management fees than other Series.

RBC Funds offering Series I Units include:
RBC Bond Fund
RBC Global Bond Fund
RBC Jantzi Balanced Fund
RBC Canadian Dividend Fund
RBC Canadian Equity Fund
RBC Jantzi Canadian Equity Fund
RBC U.S. Equity Fund
RBC U.S. Mid-Cap Equity Fund
RBC O’Shaughnessy U.S. Value Fund
RBC O’Shaughnessy International Equity Fund
RBC Global Dividend Growth Fund
RBC O’Shaughnessy Global Equity Fund
RBC Jantzi Global Equity Fund

About RBC Asset Management
RBC Asset Management Inc. is an indirect, wholly owned subsidiary of Royal Bank of Canada. RBC Asset Management Inc. provides a broad range of investment services to investors through mutual funds, pooled funds and separately managed portfolios. With offices in major financial centres around the world, RBC Asset Management Inc. is one of Canada’s largest money managers and has over $87 billion in assets under management.

The RBC Asset Management mutual fund family was awarded the “Best Overall Fund Group” in Canada for 2007 by Lipper Inc. The prestigious award is part of a global program of events held by Lipper in 21 countries to highlight funds and fund families that excel in delivering consistently strong risk-adjusted performance relative to their peers. Visit our website at www.rbcam.com.

RBC Asset Management is part of RBC Wealth Management which directly serves affluent and high net worth clients in Canada, the United States, Latin America, Europe and Asia, provides asset management and trust services through RBC partners and third-party distributors and has over $500 billion of assets under administration, 3,500 financial advisors and $150 billion of assets under management.