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RBC Premium Money Market Fund Series A

Canadian Money Market

NAVPS
(02-05-2025)
$10.00
Change
$0.00 (0.01%)

As at December 31, 2024

As at November 30, 2024

Period
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Legend

RBC Premium Money Market Fund Series A

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Fund Returns

Inception Return (March 17, 1997): 2.30%

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 0.31% 0.96% 2.10% 4.60% 4.60% 4.67% 3.70% 2.79% 2.36% 2.24% 2.12% 1.94% 1.79% 1.67%
Benchmark 0.28% 0.90% 1.99% 4.47% 4.47% 4.59% 3.70% 2.79% 2.34% 2.23% 2.10% 1.92% 1.76% 1.64%
Category Average 0.26% 0.81% 1.83% 4.01% 4.01% 4.04% 3.06% 2.26% 1.89% 1.78% 1.62% 1.46% 1.32% 1.19%
Category Rank 92 / 275 88 / 274 89 / 267 74 / 264 74 / 264 73 / 241 64 / 231 64 / 227 56 / 214 46 / 201 42 / 185 41 / 178 41 / 170 37 / 165
Quartile Ranking 2 2 2 2 2 2 2 2 2 1 1 1 1 1

Monthly Return

Monthly Return
Return % Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Fund 0.47% 0.39% 0.38% 0.40% 0.41% 0.36% 0.39% 0.37% 0.35% 0.35% 0.31% 0.31%
Benchmark 0.40% 0.40% 0.40% 0.41% 0.40% 0.39% 0.38% 0.36% 0.34% 0.33% 0.29% 0.28%

Best Monthly Return Since Inception

0.47% (January 2024)

Worst Monthly Return Since Inception

0.01% (August 2021)

Calendar Return (%)

Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund 0.63% 0.57% 0.73% 1.41% 1.62% 0.68% 0.09% 1.78% 4.74% 4.60%
Benchmark 0.55% 0.50% 0.65% 1.34% 1.66% 0.56% 0.11% 1.95% 4.71% 4.47%
Category Average 0.02% 0.24% 0.35% 0.69% 1.20% 0.45% -0.11% 1.13% 4.06% 4.01%
Quartile Ranking 2 2 1 1 2 2 2 2 2 2
Category Rank 42/ 165 44/ 170 42/ 178 46/ 185 57/ 201 63/ 214 104/ 227 69/ 231 83/ 241 74/ 264

Best Calendar Return (Last 10 years)

4.74% (2023)

Worst Calendar Return (Last 10 years)

0.09% (2021)

Asset Allocation

Asset Allocation
Name Percent
Cash and Equivalents 100.00

Sector Allocation

Sector Allocation
Name Percent
Cash and Cash Equivalent 100.00

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
SOUND Trust Oct 10, 2024 2.51
SURE Trust Oct 07, 2024 2.09
Fusion Trust Dec 17, 2024 1.92
Canada Government 07-Oct-2024 1.54
King Street Funding Trust Jan 27, 2025 1.50
Bank of Nova Scotia 24-Mar-2025 1.46
Safe Trust Nov 19, 2024 1.46
Zeus Receivables Trust Dec 04, 2024 1.44
Canadian Imperial Bank Commrce 4.32% 27-Mar-2025 1.32
SURE Trust Mar 21, 2025 1.30

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

RBC Premium Money Market Fund Series A

Median

Other - Canadian Money Market

3 Yr Annualized

Standard Deviation 0.46% 0.59% 0.47%
Beta - - -
Alpha - - -
Rsquared - - -
Sharpe - - -
Sortino 2.13% -1.23% -2.36%
Treynor - - -
Tax Efficiency - - -
Volatility Volatility rating is 1 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10

Risk Rating

Rating 1 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 0.16% 0.46% 0.59% 0.47%
Beta - - - -
Alpha - - - -
Rsquared - - - -
Sharpe - - - -
Sortino - 2.13% -1.23% -2.36%
Treynor - - - -
Tax Efficiency - - - -

Fund Details

Start Date March 17, 1997
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $1,720

Fund Codes

FundServ Code Load Code Sales Status
RBF447

Investment Objectives

To provide current income and liquidity consistent with short-term money market rates. To preserve the value of your investment. The fund invests primarily in high-quality, short-term (one year or less) debt securities, including treasury bills and promissory notes issued or guaranteed by Canadian governments or their agencies, bankers acceptances, asset-backed commercial paper and commercial paper issued by Canadian chartered banks, loan companies, trust companies and corporations.

Investment Strategy

To achieve the fund’s objectives, the portfolio manager: strives to maintain a constant $10 unit value; invests in short-term debt securities, maintaining an average term of 90 days or less; selects maturities based on both economic fundamentals and capital market developments; for the portion invested in corporate money market securities, invests only in securities rated R-1 or higher by DBRS Ltd. or the equivalent rating as defined by other recognized rating agencies.

Portfolio Manager(s)

Name Start Date
Walter Posiewko 01-01-1999

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 100,000
PAC Subsequent 100
SWP Allowed Yes
SWP Min Balance 100,000
SWP Min Withdrawal 5,000

Fees

MER 0.36%
Management Fee 0.30%
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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