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RBC Indigo U.S. Dollar Monthly Income Fund Premium Series

Global Fixed Inc Balanced

NAVPS
(06-13-2024)
$9.81
Change
$0.00 (-0.01%)

As at May 31, 2024

As at April 30, 2024

Period
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Legend

RBC Indigo U.S. Dollar Monthly Income Fund Premium Series

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Fund Returns

Inception Return (January 05, 2011): 3.54%

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 2.01% 2.12% 4.22% 1.14% 5.55% 0.33% 0.36% 2.34% 2.29% 2.62% 1.99% 2.26% 2.45% 2.36%
Benchmark 0.79% 0.42% 3.97% 2.21% 5.60% 4.83% 0.41% -0.18% 1.48% 2.33% 2.01% 2.75% 3.34% 4.17%
Category Average 1.87% 5.44% 5.44% 2.31% 7.45% 3.64% 0.41% 2.67% 2.68% 2.73% 2.47% 2.97% 2.59% 2.89%
Category Rank - - - - - - - - - - - - - -
Quartile Ranking - - - - - - - - - - - - - -

Monthly Return

Monthly Return
Return % Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
Fund 0.74% 0.88% -1.16% -2.19% -1.31% 4.45% 3.05% -0.04% -0.91% 2.03% -1.88% 2.01%
Benchmark -1.21% 0.72% 1.08% -3.41% 0.82% 3.70% 1.73% 0.36% 1.41% 1.04% -1.39% 0.79%

Best Monthly Return Since Inception

4.45% (November 2023)

Worst Monthly Return Since Inception

-7.61% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 5.37% 0.65% 4.69% 5.96% -4.03% 11.45% 1.19% 4.44% -3.94% 2.72%
Benchmark 11.35% 16.91% 0.39% 3.81% 5.53% 6.30% 9.09% -0.49% -11.13% 6.74%
Category Average 6.43% 1.21% 4.39% 5.49% -2.85% 9.97% 7.08% 4.51% -11.10% 7.71%
Quartile Ranking - - - - - - - - - -
Category Rank - - - - - - - - - -

Best Calendar Return (Last 10 years)

11.45% (2019)

Worst Calendar Return (Last 10 years)

-4.03% (2018)

Asset Allocation

Asset Allocation
Name Percent
Foreign Corporate Bonds 48.31
US Equity 25.33
Foreign Government Bonds 10.61
Cash and Equivalents 7.04
International Equity 5.80
Other 2.91

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 58.92
Financial Services 8.26
Cash and Cash Equivalent 7.04
Utilities 6.96
Healthcare 4.71
Other 14.11

Geographic Allocation

Geographic Allocation
Name Percent
North America 91.91
Europe 6.48
Multi-National 1.61

Top Holdings

Top Holdings
Name Percent
United States Treasury 2.63% 31-Jul-2029 2.63
United States Treasury 3.50% 30-Apr-2030 1.61
US Bancorp 2.49% 03-Nov-2031 1.54
United States Treasury 2.88% 15-May-2032 1.46
Philip Morris International Inc 1.41
United States Treasury 3.13% 31-Aug-2029 1.40
Wells Fargo & Co - Pfd 1.35
TotalEnergies SE 1.28
Verizon Communications Inc 1.27
Amazon.com Inc 3.60% 13-Jan-2032 1.25

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Average Duration: M. Average Credit Quality: M.
Period: 

Risk vs Return (3 Yr)

RBC Indigo U.S. Dollar Monthly Income Fund Premium Series

Median

Other - Global Fixed Inc Balanced

3 Yr Annualized

Standard Deviation 7.32% 7.41% 5.96%
Beta 0.62% 0.55% 0.26%
Alpha 0.00% 0.02% 0.01%
Rsquared 0.39% 0.22% 0.09%
Sharpe -0.31% 0.07% 0.18%
Sortino -0.43% -0.08% -0.11%
Treynor -0.04% 0.01% 0.04%
Tax Efficiency - 44.53% 41.46%
Volatility Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 2 on a scale of 1 to 10

Risk Rating

Rating 3 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 7.25% 7.32% 7.41% 5.96%
Beta 0.82% 0.62% 0.55% 0.26%
Alpha 0.01% 0.00% 0.02% 0.01%
Rsquared 0.49% 0.39% 0.22% 0.09%
Sharpe 0.11% -0.31% 0.07% 0.18%
Sortino 0.66% -0.43% -0.08% -0.11%
Treynor 0.01% -0.04% 0.01% 0.04%
Tax Efficiency 81.05% - 44.53% 41.46%

Fund Details

Start Date January 05, 2011
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency USD
Distribution Frequency Monthly
Assets ($mil) $565

Fund Codes

FundServ Code Load Code Sales Status
HKB7523

Investment Objectives

The fundamental investment objective of this Fund is to provide a reasonably consistent level of monthly income while aiming to preserve capital over the medium to long term. The Fund will invest primarily in a diversified portfolio of debt and equity instruments denominated in U.S. dollars.

Investment Strategy

The investment strategy is to position the Fund to maximize income and to preserve capital while providing potential for long-term capital appreciation. The Fund’s investment advisor selects a diversified portfolio of money market instruments, government and corporate bonds, mortgages, high-dividend-paying common and preferred shares, income trust units and other high-yielding securities denominated in U.S. dollars.

Portfolio Manager(s)

Name Start Date
HSBC Global Asset Management (USA) Inc. 07-27-2022
Federated Investment Counseling Inc. 07-27-2022

Management and Organization

Fund Manager RBC Indigo Asset Management Inc.
Advisor HSBC Global Asset Management (USA) Inc.
Custodian CIBC Mellon Trust Company
Registrar International Financial Data Services (Canada) Ltd
Distributor HSBC Investment Funds (Canada) Inc.
Auditor KPMG LLP, Chartered Accountants

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 100,000
PAC Subsequent 25
SWP Allowed Yes
SWP Min Balance 100,000
SWP Min Withdrawal 50

Fees

MER 1.42%
Management Fee 1.25%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 0.25%
Trailer Fee Max (LL) -

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