Short Description: RBC is closing its QUBE Low Volatility Emerging Markets Equity Fund in March 2026. Learn the key dates, reasons, and steps investors must take now.
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Main Article:
RBC Global Asset Management Inc. has announced the closure of the RBC QUBE Low Volatility Emerging Markets Equity Fund, with the final shutdown effective on or about March 30, 2026. The fund is immediately closed to new purchases. According to the firm, this decision was driven by the fund’s “limited growth potential,” signaling a strategic shift away from this specific emerging markets fund strategy. For current unitholders, this initiates a carefully structured fund liquidation process managed by RBC GAM.
Investors must be aware of critical deadlines. Unitholders can redeem or switch their holdings until the market close on March 26, 2026. After that, RBC GAM will sell the fund’s assets, convert them to cash, and distribute the net proceeds pro rata to remaining unitholders of record on the Effective Date. Importantly, for units held in non-registered accounts, this closure will be treated as a disposition for tax purposes, potentially triggering a capital gain or loss. All investors are strongly encouraged to consult their financial advisors to discuss implications and alternative investment options.
This move highlights the dynamic nature of mutual fund offerings, where products are periodically evaluated and consolidated based on performance and demand. While the closure provides a clear exit path, it underscores the importance for investors to regularly review their portfolios. RBC has stated that unitholders will receive formal written notice and directs them to the fund’s prospectus for details. The firm reassures that its broader suite of funds, including other emerging market and low-volatility strategies, remains available for those seeking similar exposure.
Short Summary:
RBC is liquidating its QUBE Low Volatility Emerging Markets Equity Fund by March 2026 due to limited growth. Investors have until March 26, 2026, to redeem or switch holdings, after which remaining units will be cashed out. This event may have tax consequences, making consultation with a financial advisor essential for exploring new investment options.
