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RBC International Equity Currency Neutral Index ETF Fund Series DZ

International Equity

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeC Click for more information on Fundata’s ESG Grade

Fundata ESG Grade C

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FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2023, 2022

Click for more information on Fundata’s FundGrade

NAVPS
(04-17-2024)
$14.23
Change
-$0.05 (-0.32%)

As at March 31, 2024

As at December 31, 2023

As at February 29, 2024

Period
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RBC International Equity Currency Neutral Index ETF Fund Series DZ

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Fund Returns

Inception Return (October 13, 1998): 4.94%

Fund Returns
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 4.01% 9.92% 16.07% 9.92% 19.77% 12.36% 9.78% 16.67% 9.76% 8.55% 8.09% 9.40% 6.67% 7.67%
Benchmark 3.12% 7.59% 16.68% 7.59% 15.23% 9.95% 5.89% 11.85% 7.22% 5.75% 6.70% 7.66% 6.18% 6.93%
Category Average 2.83% 15.60% 15.60% 7.06% 12.44% 8.30% 4.27% 10.73% 6.20% 4.82% 5.67% 6.45% 5.01% 5.58%
Category Rank 111 / 783 130 / 775 347 / 763 130 / 775 49 / 742 74 / 719 46 / 694 25 / 656 60 / 620 50 / 540 82 / 476 49 / 423 105 / 366 81 / 337
Quartile Ranking 1 1 2 1 1 1 1 1 1 1 1 1 2 1

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 2.54% -1.58% 3.69% 1.66% -1.87% -1.15% -2.40% 5.18% 2.86% 1.95% 3.66% 4.01%
Benchmark 2.76% -3.45% 1.52% 3.11% -1.30% -3.65% -1.92% 7.38% 2.98% 0.90% 3.40% 3.12%

Best Monthly Return Since Inception

11.89% (November 2020)

Worst Monthly Return Since Inception

-16.91% (October 2008)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 5.11% 3.62% 5.73% 14.93% -10.83% 22.81% 0.39% 18.49% -6.74% 17.67%
Benchmark 4.12% 19.41% -1.70% 18.37% -6.81% 16.27% 8.01% 8.97% -10.67% 15.74%
Category Average 1.55% 13.82% -2.56% 17.84% -8.91% 17.54% 7.87% 8.64% -12.60% 13.75%
Quartile Ranking 1 4 1 3 3 1 4 1 1 1
Category Rank 72/ 325 343/ 363 22/ 408 319/ 468 378/ 531 124/ 599 502/ 653 37/ 684 169/ 707 102/ 738

Best Calendar Return (Last 10 years)

22.81% (2019)

Worst Calendar Return (Last 10 years)

-10.83% (2018)

Asset Allocation

Asset Allocation
Name Percent
International Equity 98.49
Cash and Equivalents 1.51

Sector Allocation

Sector Allocation
Name Percent
Exchange Traded Fund 98.49
Cash and Cash Equivalent 1.51

Geographic Allocation

Geographic Allocation
Name Percent
Multi-National 98.49
North America 1.51

Top Holdings

Top Holdings
Name Percent
iShares Core MSCI EAFE IMI Index ETF C$ Hgd (XFH) 98.49
Bank of Montreal TD 4.950% Jan 02, 2024 1.45
Canadian Dollar 0.06

Equity Style

Market capitalization is large. Equity style is blend.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

RBC International Equity Currency Neutral Index ETF Fund Series DZ

Median

Other - International Equity

3 Yr Annualized

Standard Deviation 12.14% 14.74% 12.99%
Beta 0.82% 0.98% 0.91%
Alpha 0.05% 0.03% 0.01%
Rsquared 0.82% 0.83% 0.75%
Sharpe 0.62% 0.58% 0.53%
Sortino 0.94% 0.73% 0.57%
Treynor 0.09% 0.09% 0.08%
Tax Efficiency 88.65% 87.34% 83.38%
Volatility Volatility rating is 6 on a scale of 1 to 10 Volatility rating is 7 on a scale of 1 to 10 Volatility rating is 7 on a scale of 1 to 10

Risk Rating

Rating 6 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 9.08% 12.14% 14.74% 12.99%
Beta 0.72% 0.82% 0.98% 0.91%
Alpha 0.08% 0.05% 0.03% 0.01%
Rsquared 0.82% 0.82% 0.83% 0.75%
Sharpe 1.52% 0.62% 0.58% 0.53%
Sortino 3.79% 0.94% 0.73% 0.57%
Treynor 0.19% 0.09% 0.09% 0.08%
Tax Efficiency 90.97% 88.65% 87.34% 83.38%

Fundata ESG Metrics

Fundata ESG Score

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

Fund Details

Start Date October 13, 1998
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Partially Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $860

Fund Codes

FundServ Code Load Code Sales Status
PHN9759
RBF559

Investment Objectives

To track the performance of a generally recognized international equity market index. To provide long-term capital growth while minimizing the exposure to currency fluctuations between foreign currencies and the Canadian dollar. The fund invests primarily in equity securities in substantially the same proportion as its benchmark index, either directly or indirectly through investment in other mutual funds.

Investment Strategy

To achieve the fund’s objectives, the portfolio manager: manages the fund to track the performance of the MSCI EAFE IMI Hedged 100% to CAD Index (or any successor thereto). The MSCI EAFE IMI Hedged 100% to CAD Index is a market capitalization-weighted index representing the after-tax performance of large- and mid-capitalization securities in developed markets, excluding the U.S. and Canada.

Portfolio Manager(s)

Name Start Date
Sarah Riopelle 02-22-2021

Management and Organization

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

Investment Minimums

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

Fees

MER 0.60%
Management Fee 0.50%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 0.10%
Trailer Fee Max (LL) -

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