RBC Dexia Selected to service Luxembourg-based Pantera Investment Grade Strategies Fund

LUXEMBOURG, Feb. 9 /PRNewswire/ - RBC Dexia Investor Services has been selected to provide custody, fund administration and transfer agency services for the Pantera Investment Grade Strategies Fund (Pantera IGS Fund), a Specialised Investment Fund (SIF) in Luxembourg. Pantera IGS Fund is an open-ended Specialized Investment Fund that participates in negotiated, volume-based wholesale purchases of Bank Medium Term Note and Bond issuances for sale at an immediate profit.

"RBC Dexia's consultative approach to servicing our fund and their ability to advise on regulatory matters, fund registration and distribution will go a long way in helping us fulfil our business objectives," said Mark Porcelli, Chairman - Fund Manager, Pantera Investment Grade Strategies Fund. "Their tailor-made service solution and deep experience with Luxembourg-based funds were clear differentiators when it came to choosing a service partner."

Pantera IGS Fund offers a principal protection feature while using a total return strategy of managed buy/sell MTN and Bond transactions for anticipated above market returns. Pantera IGS Fund will be the first public fund listed on the Luxembourg Stock Exchange that focuses solely on new-issue bank MTN and Bond trading programs.

"Whether it's the day-to-day servicing of the fund, providing advice on distribution or other matters related to the Pantera Investment Grade Strategies Fund, RBC Dexia has the tools they need to succeed," said Laurent Vanderweyen, Managing Director, Luxembourg for RBC Dexia Investor Services. "We are confident our size and scale in Luxembourg and high quality service model will provide opportunities for this fund to grow and prosper."

RBC Dexia Investor Services was recently ranked number one overall in the Global Investor Global Custody Survey for the sixth consecutive year (2004 - 2009). RBC Dexia also excelled in the annual R&M Consultants Global Custody Survey, and was ranked the number one service provider by fund managers and number one for Europe in Global Custodian's 2009 Global Custody Survey. RBC Dexia was also named Global Custody: Client Relationship Manager of the Year in ICFA's 2009 Global Awards.

About RBC Dexia Investor Services

RBC Dexia Investor Services offers a complete range of investor services to institutions worldwide. Our unique offshore and onshore solutions, combined with the expertise of our 5,300 professionals in 16 markets, help clients grow their business and sustain enhanced performance through efficiency improvements and robust risk management practices.

Equally owned by RBC and Dexia, the company ranks among the world's top 10 global custodians with USD 2.5 trillion in client assets under administration.

rbcdexia.com

RBC Dexia Investor Services Limited is a holding company that provides strategic direction and management oversight to its affiliates, including RBC Dexia Investor Services Bank S.A., a credit institution licensed in Luxembourg by the Commission de Surveillance du Secteur Financier and the Ministry of Finance. All are licensed users of the RBC trademark (a registered trademark of Royal Bank of Canada) and Dexia trademark (a registered mark of Dexia Crédit Local) and conduct their global custody and investment administration business under the RBC Dexia Investor Services brand name.

SOURCE RBC Dexia Investor Services