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Global Corp Fixed Income
|
NAVPS (04-30-2024) |
$8.20 |
|---|---|
| Change |
-$0.03
(-0.41%)
|
As at March 31, 2024
As at December 31, 2023
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Inception Return (August 12, 2013): 1.80%
| Row Heading | Return | Annualized Return | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Mth | 3 Mth | 6 Mth | YTD | 1 Yr | 2 Yr | 3 Yr | 4 Yr | 5 Yr | 6 Yr | 7 Yr | 8 Yr | 9 Yr | 10 Yr | |
| Fund | 1.15% | -0.20% | 8.00% | -0.20% | 3.82% | -1.59% | -2.93% | -0.69% | 0.31% | 0.91% | 0.98% | 1.08% | 1.04% | 1.52% |
| Benchmark | 1.10% | -0.72% | 7.87% | -0.72% | 5.14% | -1.05% | -2.79% | 0.66% | 0.74% | 0.84% | 1.64% | 1.59% | 1.65% | 1.40% |
| Category Average | 0.99% | 7.07% | 7.07% | 0.83% | 5.91% | 1.22% | -0.24% | 2.52% | 1.83% | 2.01% | - | - | - | - |
| Category Rank | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Quartile Ranking | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Return % | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.66% | -1.53% | 0.46% | 0.44% | -1.05% | -2.86% | -2.16% | 6.15% | 4.20% | 0.04% | -1.38% | 1.15% |
| Benchmark | 1.24% | -1.89% | 0.77% | 0.99% | -0.99% | -2.62% | -1.24% | 5.64% | 4.14% | -0.47% | -1.34% | 1.10% |
6.15% (November 2023)
-6.73% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 6.31% | -1.08% | 4.73% | 5.43% | -3.77% | 13.39% | 8.62% | -2.74% | -17.14% | 7.71% |
| Benchmark | 3.15% | -3.77% | 4.27% | 9.26% | -3.48% | 11.44% | 10.33% | -2.95% | -16.69% | 9.48% |
| Category Average | - | - | - | - | - | 9.03% | 6.89% | 0.56% | -10.54% | 7.62% |
| Quartile Ranking | - | - | - | - | - | - | - | - | - | - |
| Category Rank | - | - | - | - | - | - | - | - | - | - |
13.39% (2019)
-17.14% (2022)
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 80.57 |
| Cash and Equivalents | 8.80 |
| Foreign Government Bonds | 6.15 |
| US Equity | 3.03 |
| Canadian Corporate Bonds | 1.45 |
| Name | Percent |
|---|---|
| Fixed Income | 88.17 |
| Cash and Cash Equivalent | 8.80 |
| Financial Services | 3.03 |
| Name | Percent |
|---|---|
| North America | 98.04 |
| Multi-National | 1.34 |
| Latin America | 0.63 |
| Other | -0.01 |
| Name | Percent |
|---|---|
| United States Treasury 4.00% 15-Nov-2052 | 2.75 |
| United States Treasury 4.75% 15-Nov-2053 | 2.06 |
| Microchip Technology Inc 0.97% 15-Feb-2024 | 1.40 |
| Athene Global Funding 6.02% 24-May-2024 | 1.34 |
| Bank of America Corp 4.57% 27-Apr-2032 | 1.31 |
| AT&T Inc 4.50% 15-May-2035 | 1.20 |
| GLP Capital LP 5.25% 03-Mar-2025 | 1.19 |
| Morgan Stanley 3.62% 17-Apr-2024 | 1.16 |
| Truist Financial Corp 5.87% 08-Jun-2033 | 1.10 |
| Goldman Sachs Group Inc 3.69% 05-Jun-2027 | 1.04 |
RBC $U.S. Investment Grade Corporate Bond Fund Series A
Median
Other - Global Corp Fixed Income
| Standard Deviation | 9.57% | 9.03% | 6.97% |
|---|---|---|---|
| Beta | 1.00% | 0.99% | 0.51% |
| Alpha | -0.02% | 0.00% | 0.00% |
| Rsquared | 0.55% | 0.54% | 0.28% |
| Sharpe | -0.54% | -0.14% | 0.05% |
| Sortino | -0.76% | -0.34% | -0.24% |
| Treynor | -0.05% | -0.01% | 0.01% |
| Tax Efficiency | - | - | - |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 9.01% | 9.57% | 9.03% | 6.97% |
| Beta | 0.92% | 1.00% | 0.99% | 0.51% |
| Alpha | -0.01% | -0.02% | 0.00% | 0.00% |
| Rsquared | 0.37% | 0.55% | 0.54% | 0.28% |
| Sharpe | -0.07% | -0.54% | -0.14% | 0.05% |
| Sortino | 0.23% | -0.76% | -0.34% | -0.24% |
| Treynor | -0.01% | -0.05% | -0.01% | 0.01% |
| Tax Efficiency | 65.27% | - | - | - |
| Start Date | August 12, 2013 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | USD |
| Distribution Frequency | Quarterly |
| Assets ($mil) | $164 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| RBF484 |
> To provide interest income with the potential for modest capital growth by investing primarily in U.S. corporate bonds. The fund invests primarily in a portfolio of diversified investment grade fixed-income securities issued by U.S. corporations. We will not change the fundamental investment objectives of the fund unless we have the consent of a majority of the voting unitholders of the fund to do so.
To achieve the fund’s objectives, the portfolio manager: invests primarily in investment grade fixed-income securities issued by U.S. corporations rated BBB(-) and above by Standard & Poor’s (or equivalent rating agency); maintains a minimum portfolio average credit quality rating of BBB(-) by Standard & Poor’s (or equivalent rating agency) over time.
| Name | Start Date |
|---|---|
| RBC Global Asset Management Inc. | 08-03-2021 |
| Andrzej Skiba | 02-28-2024 |
| Neil Sun | 02-28-2024 |
| Fund Manager | RBC Global Asset Management Inc. |
|---|---|
| Advisor | RBC Global Asset Management Inc. |
| Custodian | RBC Investor Services Trust (Canada) |
| Registrar | RBC Global Asset Management Inc. |
| Distributor | Royal Mutual Funds Inc. |
| Auditor | PriceWaterhouseCoopers LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 25 |
| PAC Subsequent | 25 |
| SWP Allowed | Yes |
| SWP Min Balance | 10,000 |
| SWP Min Withdrawal | 100 |
| MER | 1.25% |
|---|---|
| Management Fee | 1.10% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | 0.50% |
| Trailer Fee Max (LL) | - |
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