Fact_Sheet 
Investment Professionals
Scott Cabalka
Vice President, Client Service Portfolio Manager
Investment Experience: 31 Years
Scott Cabalka is a senior institutional portfolio manager responsible for our Client Service Portfolio Management Team’s coverage of the RBC Money Market Funds, local government investment pools, and other short fixed income solutions. Scott is a veteran member of the firm’s Cash Strategy & Credit Committee and Fixed Income Committee, and provides guidance on investment policy and implementation for all of our short mandates. In addition, he leads our communication with clients invested in our short fixed income strategies and ensures that they receive the most appropriate solutions and service. Before joining RBC GAM (US) in 1993, Scott was an account executive at Merrill Lynch, where he focused on short strategies for institutional investors. He has specialized in short fixed income since he began working in the investment industry in 1980. Scott earned a BS and an MBA in Finance from the University of Minnesota Carlson School of Management.
John M. Huber, CFA
Senior Managing Director, Chief Investment Officer - Fixed Income
Investment Experience: 22 Years
John Huber oversees our fixed income research and portfolio management efforts. John is a member of the firm’s Executive Committee. He joined RBC GAM (US) in 2004 from Galliard Capital Management, where he was a founding member and principal. Before that, John was a portfolio manager at Norwest Investment Management, where he began his career in the capital markets group in 1990. He earned a BA from the University of Iowa and an MBA in Finance from the University of Minnesota Carlson School of Management. John acts as an advisor to the Carlson Funds Enterprise for the University of Minnesota. He is also a board member of the Minneapolis Downtown YMCA. John is a CFA charterholder and a member of the CFA Society of Minnesota.
Raye C. Kanzenbach, CFA
Senior Managing Director, Senior Portfolio Manager
Investment Experience: 38 Years
Raye Kanzenbach leads the Municipal Research Team in our fixed income group. Raye has extensive experience researching and investing in municipal securities. His research responsibilities include tax-exempt money market securities, general obligations, and revenue bonds. Before joining RBC GAM (US) in 1983, Raye worked at U.S. Bank, where he managed the firm’s municipal and money market trust funds. He was also previously an investment officer at The St. Paul Companies. Raye began his career in the investment industry in 1973. He earned a BA in Economics from Lawrence University and an MBA in Finance from the University of Michigan. Raye is a CFA charterholder.
Brandon T. Swensen, CFA
Vice President, Portfolio Manager
Investment Experience: 13 Years
Brandon Swensen leads our fixed income group’s Short Term Research Team. Brandon researches asset-backed commercial paper and consumer asset-backed securities. He also has portfolio management responsibilities for our short term and cash management mandates. Brandon joined RBC GAM (US) in 2003, and has held several key positions in our fixed income group including senior structured product analyst and credit analyst. He began his career in the investment industry in 1998. Brandon earned a BS in Finance from St. Cloud State University and an MBA in Finance from the University of St. Thomas. He is a CFA charterholder and a member of the CFA Society of Minnesota.
RBC Global Asset Management (U.S.) Inc. serves as investment adviser for RBC Funds. The RBC Funds are distributed by Quasar Distributors, LLC, an affiliate of U.S. Bancorp Fund Services, LLC.
NOT FDIC INSURED. NO BANK GUARANTEE. MAY LOSE VALUE.