RBC Global Asset Management Inc. announces January sales results for RBC Funds and PH&N Funds

TORONTO, February 5, 2013 - RBC Global Asset Management Inc. today announced January net sales of $1.1 billion. Long-term funds had net sales of
$1.3 billion and money market funds had net redemptions of $189 million. Assets under management increased by 2.2 per cent.

"It was a record first month for 2013, as we exceeded previous January long-term mutual fund sales results," said Doug Coulter, president of RBC Global Asset Management Inc. "As a result of RRSP contributions being top of mind and advisors and investors continuing to search for yield, our comprehensive selection of income-oriented products saw strong inflows. Notably, the PH&N Monthly Income Fund, which celebrated its three-year anniversary, has captured more than $2.7 billion in total assets."

Sales results information is based on preliminary data from the Investment Funds Institute of Canada (IFIC).

For more information, contact:
Yen To, RBC GAM Communications, 416 955-5916
Leah Commisso RBC GAM Media Relations, 416 955-6498

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