Join Fund Library now and get free access to personalized features to help you manage your investments.

RBC Target 2030 Education Fund Series A

2030 Target Date

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

Click for more information on Fundata’s FundGrade.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2018

Click for more information on Fundata’s FundGrade

NAVPS
(04-22-2024)
$13.49
Change
$0.02 (0.12%)

As at March 31, 2024

As at December 31, 2023

Period
Loading...

Legend

RBC Target 2030 Education Fund Series A

Compare Options


Fund Returns

Inception Return (July 09, 2012): 6.26%

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 1.17% 1.99% 9.39% 1.99% 6.29% 1.71% 1.70% 6.30% 3.93% 3.94% 4.13% 4.86% 4.03% 4.83%
Benchmark 2.30% 7.76% 16.43% 7.76% 17.03% 8.32% 6.28% 10.74% 8.09% 7.66% 7.94% 8.66% 7.72% 8.79%
Category Average 1.49% 10.18% 10.18% 2.75% 6.97% 2.26% 1.98% 5.84% 3.89% 3.90% 4.00% 4.56% 3.63% 4.39%
Category Rank 16 / 25 14 / 25 16 / 25 14 / 25 13 / 25 12 / 24 12 / 23 11 / 23 12 / 23 12 / 22 12 / 20 8 / 16 8 / 16 8 / 15
Quartile Ranking 3 3 3 3 3 2 3 2 3 3 3 2 2 3

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 1.20% -1.95% 0.96% 0.25% -0.58% -2.69% -0.56% 4.68% 3.04% -0.34% 1.16% 1.17%
Benchmark 1.47% -1.16% 1.58% 2.43% 0.23% -3.90% -0.20% 5.87% 2.26% 1.06% 4.23% 2.30%

Best Monthly Return Since Inception

6.53% (April 2020)

Worst Monthly Return Since Inception

-8.22% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 9.31% 4.59% 6.09% 9.28% -4.11% 13.72% 8.43% 7.90% -10.45% 7.52%
Benchmark 13.13% 17.03% 3.66% 11.99% 0.72% 16.29% 12.17% 11.33% -12.03% 15.07%
Category Average 9.03% 3.21% 4.58% 7.90% -3.38% 12.85% 8.71% 7.05% -10.51% 7.50%
Quartile Ranking 4 2 2 2 4 3 3 3 2 3
Category Rank 15/ 15 7/ 16 6/ 16 9/ 20 19/ 22 13/ 23 14/ 23 14/ 23 10/ 24 13/ 24

Best Calendar Return (Last 10 years)

13.72% (2019)

Worst Calendar Return (Last 10 years)

-10.45% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Government Bonds 27.71
Canadian Corporate Bonds 26.36
US Equity 12.24
Canadian Equity 11.81
International Equity 9.73
Other 12.15

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 59.71
Financial Services 7.42
Technology 6.45
Cash and Cash Equivalent 5.88
Energy 2.89
Other 17.65

Geographic Allocation

Geographic Allocation
Name Percent
North America 86.53
Europe 7.33
Asia 4.62
Latin America 0.92
Africa and Middle East 0.29
Other 0.31

Top Holdings

Top Holdings
Name Percent
RBC Bond Fund Series O 35.29
RBC Canadian Short-Term Income Fund Series O 14.44
PH&N Total Return Bond Fund Series O 9.97
RBC Canadian Equity Fund Series O 6.46
RBC European Equity Fund Series O 5.15
RBC Global Bond Fund Series O 4.90
RBC Private U.S. Large-Cap Core Equity Pool O 3.55
PH&N U.S. Multi-Style All-Cap Equity Fund Series O 3.52
RBC U.S. Equity Fund Series O 3.48
RBC Canadian Dividend Fund Series O 3.22

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 Target 2030 Education Fund Series A

Median

Other - 2030 Target Date

3 Yr Annualized

Standard Deviation 7.90% 8.71% 7.53%
Beta 0.70% 0.80% 0.75%
Alpha -0.03% -0.02% -0.02%
Rsquared 0.89% 0.89% 0.85%
Sharpe -0.08% 0.26% 0.48%
Sortino -0.18% 0.20% 0.38%
Treynor -0.01% 0.03% 0.05%
Tax Efficiency 36.07% 76.43% 76.76%
Volatility Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 3 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 6.99% 7.90% 8.71% 7.53%
Beta 0.72% 0.70% 0.80% 0.75%
Alpha -0.05% -0.03% -0.02% -0.02%
Rsquared 0.80% 0.89% 0.89% 0.85%
Sharpe 0.23% -0.08% 0.26% 0.48%
Sortino 0.86% -0.18% 0.20% 0.38%
Treynor 0.02% -0.01% 0.03% 0.05%
Tax Efficiency 85.12% 36.07% 76.43% 76.76%

Fund Details

Start Date July 09, 2012
Instrument Type Mutual Fund (Wrap Program)
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $1,940

Fund Codes

FundServ Code Load Code Sales Status
RBF549

Investment Objectives

This fund is an asset allocation fund specifically designed to meet the changing needs of investors who are saving money for the purpose of funding a post-secondary education that commences around 2030. The fund gradually shifts its asset mix from an emphasis on equity funds, in its early years, to an emphasis on money market funds as its “target” date (2030) approaches.

Investment Strategy

The underlying funds are managed by RBC GAM or an affiliate of RBC GAM. The portfolio manager uses an asset allocation strategy as the principal investment strategy (see About the asset allocation strategy).

Portfolio Manager(s)

Name Start Date
Sarah Riopelle 06-01-2012

Management and Organization

Fund Manager RBC Global Asset Management Inc.
Advisor RBC Global Asset Management Inc.
Custodian RBC Investor Services Trust (Canada)
Registrar Royal Bank of Canada
Distributor Royal Mutual Funds Inc.
Auditor PriceWaterhouseCoopers LLP

Investment Minimums

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

Fees

MER 1.82%
Management Fee 1.58%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 0.85%
Trailer Fee Max (LL) -

Join Fund Library now and get free access to personalized features to help you manage your investments.