Kaleido Growth has selected RBC Investor Services (RBCIS) to act as custodian and fund accountant for its IDEO+ registered education saving plans (RESPs) and legacy funds.
This new partnership will take effect on 1 October with the transition of assets, and reinforces RBCIS’s reputation as a provider of asset services in Canadian financial markets.
Commenting on the selection, Claire Johnson, CEO of RBC Investor Services, states: “We are thrilled to welcome Kaleido Growth as a client, and to be a part of helping them achieve their aspirations.”
Jean-Stéphane Parent, VP and chief investment officer at Kaleido Growth, adds: “We are pleased to partner with RBC Investor Services to support us in delivering superior investment solutions to our clients.”
"We believe their expertise in custody and fund accounting will further strengthen our operational capabilities and allow us to focus on driving value for our clients."
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