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Global Neutral Balanced
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2023, 2022, 2021, 2020, 2019
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|
NAVPS (05-01-2024) |
$10.88 |
|---|---|
| Change |
$0.00
(0.00%)
|
As at March 31, 2024
As at December 31, 2023
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Inception Return (May 24, 2005): 5.00%
| 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 | 2.10% | 4.62% | 13.00% | 4.62% | 12.88% | 2.01% | 2.51% | 7.20% | 5.63% | 5.42% | 5.34% | 5.62% | 4.98% | 5.12% |
| Benchmark | 1.95% | 3.24% | 13.32% | 3.24% | 12.24% | 1.85% | 1.32% | 7.86% | 5.35% | 4.69% | 5.60% | 5.87% | 5.20% | 4.85% |
| Category Average | 1.96% | 12.03% | 12.03% | 4.49% | 10.15% | 3.31% | 3.22% | 7.67% | 4.79% | 4.62% | 4.52% | 5.09% | 4.15% | 4.67% |
| Category Rank | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Quartile Ranking | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Return % | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.10% | -0.85% | 2.70% | 1.54% | -1.19% | -3.28% | -1.92% | 6.06% | 3.83% | 1.02% | 1.43% | 2.10% |
| Benchmark | 0.95% | -1.50% | 3.22% | 2.23% | -2.06% | -3.63% | -2.32% | 7.23% | 4.79% | -0.51% | 1.79% | 1.95% |
6.37% (November 2020)
-7.84% (October 2008)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 7.38% | -1.15% | 6.67% | 10.07% | -3.54% | 14.85% | 10.88% | 11.18% | -14.77% | 10.57% |
| Benchmark | 2.93% | -1.74% | 5.51% | 16.32% | -5.58% | 17.91% | 13.35% | 6.94% | -17.27% | 14.38% |
| Category Average | 7.77% | 2.99% | 5.05% | 7.69% | -3.99% | 13.52% | 7.16% | 9.69% | -11.26% | 9.53% |
| Quartile Ranking | - | - | - | - | - | - | - | - | - | - |
| Category Rank | - | - | - | - | - | - | - | - | - | - |
14.85% (2019)
-14.77% (2022)
| Name | Percent |
|---|---|
| US Equity | 43.67 |
| Foreign Corporate Bonds | 18.78 |
| Mortgages | 17.81 |
| Foreign Government Bonds | 9.72 |
| Cash and Equivalents | 4.89 |
| Other | 5.13 |
| Name | Percent |
|---|---|
| Fixed Income | 50.46 |
| Technology | 14.32 |
| Healthcare | 6.71 |
| Financial Services | 6.02 |
| Cash and Cash Equivalent | 4.89 |
| Other | 17.60 |
| Name | Percent |
|---|---|
| North America | 90.32 |
| Europe | 5.55 |
| Latin America | 1.75 |
| Multi-National | 0.58 |
| Africa and Middle East | 0.44 |
| Other | 1.36 |
| Name | Percent |
|---|---|
| Microsoft Corp | 3.33 |
| Apple Inc | 3.05 |
| United States Treasury 1.88% 15-Nov-2051 | 2.82 |
| Alphabet Inc Cl A | 1.86 |
| Amazon.com Inc | 1.78 |
| US Dollar | 1.64 |
| iShares JPMorgan USD EM Bond ETF (EMB) | 1.57 |
| NVIDIA Corp | 1.49 |
| Bank of Nova Scotia UTD 5.400% Jan 02, 2024 | 1.30 |
| United States Treasury 4.50% 15-Nov-2033 | 1.15 |
RBC U.S. Monthly Income Fund Series A U$
Median
Other - Global Neutral Balanced
| Standard Deviation | 10.44% | 9.82% | 7.75% |
|---|---|---|---|
| Beta | 1.01% | 1.06% | 0.67% |
| Alpha | -0.01% | 0.00% | 0.01% |
| Rsquared | 0.76% | 0.77% | 0.45% |
| Sharpe | 0.04% | 0.41% | 0.51% |
| Sortino | 0.00% | 0.43% | 0.43% |
| Treynor | 0.00% | 0.04% | 0.06% |
| Tax Efficiency | 41.47% | 72.44% | 67.06% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 8.94% | 10.44% | 9.82% | 7.75% |
| Beta | 1.01% | 1.01% | 1.06% | 0.67% |
| Alpha | 0.00% | -0.01% | 0.00% | 0.01% |
| Rsquared | 0.72% | 0.76% | 0.77% | 0.45% |
| Sharpe | 0.87% | 0.04% | 0.41% | 0.51% |
| Sortino | 2.11% | 0.00% | 0.43% | 0.43% |
| Treynor | 0.08% | 0.00% | 0.04% | 0.06% |
| Tax Efficiency | 89.09% | 41.47% | 72.44% | 67.06% |
| Start Date | May 24, 2005 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | USD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $1,434 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| RBF587 |
To provide a combination of regular U.S. dollar monthly income and modest capital growth. The fund invests primarily in U.S. fixed-income securities such as government and corporate bonds, notes, asset-backed securities and preferred shares. The fund also invests in high-quality equity securities of U.S. companies. It may also invest in high yield debt securities and emerging market sovereign and corporate bonds.
To achieve the fund’s objectives, the portfolio manager: invests primarily in U.S. fixed-income and U.S. equity securities; employs a strategic asset allocation approach, determining the appropriate asset mix within broad pre-established guidelines for each asset class as follows: Fixed income 55%, Equities 45%.
| Name | Start Date |
|---|---|
| Soo Boo Cheah | 05-24-2005 |
| Brad Willock | 05-01-2009 |
| David Nava | 01-12-2022 |
| Frank Gambino | 01-12-2022 |
| 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 | 500 |
| PAC Subsequent | 25 |
| SWP Allowed | Yes |
| SWP Min Balance | 10,000 |
| SWP Min Withdrawal | 100 |
| MER | 1.59% |
|---|---|
| Management Fee | 1.40% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | 0.75% |
| Trailer Fee Max (LL) | - |
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