Fintech
RPIA Announces Fee Reduction on the RP Strategic Income Plus Fund
Toronto, Ontario–(Newsfile Corp. – July 22, 2020) – RP Investment Advisors LP (“RPIA”) was founded in 2009 with a simple goal – to build an alternative fixed income investment management firm that provides thoughtful investment solutions for their investors aimed at generating strong risk-adjusted returns.
RPIA is committed to transferring economies of scale to their investors and passing on benefits that allow them to retain a greater share of their investment returns.
With this in mind, RPIA is pleased to announce a reduction in their management fee for the RP Strategic Income Plus Fund, effective July 27, 2020.
As such, the resultant change in management fee for each Class will be as follows:
- RP Strategic Income Plus Fund Class A (RPD100) management fee will be lowered from 0.95% to 0.80%.
- RP Strategic Income Plus Fund USD Class A (RPD105) management fee will be lowered from 0.95% to 0.80%.
- RP Strategic Income Plus Fund Class F (RPD110) management fee will be lowered from 0.70% to 0.55%.
- RP Strategic Income Plus Fund USD Class F (RPD115) management fee will be lowered from 0.70% to 0.55%.
About RPIA
RPIA is a specialized fixed income manager with deep expertise in corporate bonds and active interest rate management. The firm was founded in 2009 by a highly experienced team who had previously run the global fixed income arm of Canada’s largest bank. Based in Toronto, RPIA now has over 65 employees including investment and risk management professionals with a collective experience set complementary to that of our founders. Ten years in, we are now managing over $5 billion for a broad Canadian investor base. RPIA remains independent, privately owned by our employees who have approximately $120 million invested alongside our investors.
Media Contact:
Liam O’Sullivan
losullivan@rpia.ca
647-776-1779