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RBC QUBE Low Volatility Global Equity Fund Series A

Global Equity

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

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

2017, 2016

Click for more information on Fundata’s FundGrade

NAVPS
(05-17-2024)
$22.71
Change
$0.03 (0.13%)

As at April 30, 2024

As at March 31, 2024

As at February 29, 2024

Period
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Legend

RBC QUBE Low Volatility Global Equity Fund Series A

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Fund Returns

Inception Return (April 08, 2013): 8.43%

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 -2.04% 1.03% 8.11% 4.30% 3.45% 5.40% 6.04% 5.97% 3.81% 5.38% 4.86% 6.29% 6.47% 7.61%
Benchmark -1.84% 6.75% 18.70% 8.25% 18.76% 13.40% 7.92% 13.07% 9.85% 9.77% 9.47% 11.38% 9.88% 10.74%
Category Average -2.59% 16.87% 16.87% 6.65% 13.80% 9.73% 4.96% 10.77% 7.61% 7.52% 7.30% 8.66% 7.25% 7.76%
Category Rank 783 / 2,062 1,973 / 2,040 2,005 / 2,032 1,745 / 2,036 1,881 / 1,943 1,705 / 1,798 737 / 1,636 1,425 / 1,505 1,362 / 1,447 1,080 / 1,243 932 / 1,089 828 / 926 574 / 793 457 / 718
Quartile Ranking 2 4 4 4 4 4 2 4 4 4 4 4 3 3

Monthly Return

Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund -4.93% 0.59% 1.34% 0.76% -2.43% 0.44% 2.00% 1.62% 3.24% 1.38% 1.74% -2.04%
Benchmark -0.97% 2.98% 3.28% -0.19% -4.15% -0.71% 6.95% 2.53% 1.41% 5.64% 2.94% -1.84%

Best Monthly Return Since Inception

9.90% (January 2015)

Worst Monthly Return Since Inception

-6.89% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 20.03% 19.31% 2.87% 9.22% 4.40% 12.28% -2.41% 15.75% -4.64% 5.05%
Benchmark 13.97% 16.88% 5.18% 16.29% -1.79% 21.41% 13.15% 17.62% -12.64% 19.37%
Category Average 8.33% 8.98% 3.86% 14.23% -5.38% 19.94% 11.73% 16.21% -13.86% 15.08%
Quartile Ranking 1 2 3 4 1 4 4 3 1 4
Category Rank 8/ 677 194/ 759 518/ 883 875/ 1,053 80/ 1,203 1,274/ 1,407 1,397/ 1,488 929/ 1,604 124/ 1,758 1,859/ 1,919

Best Calendar Return (Last 10 years)

20.03% (2014)

Worst Calendar Return (Last 10 years)

-4.64% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 64.22
International Equity 30.46
Canadian Equity 4.77
Income Trust Units 0.49
Cash and Equivalents 0.06

Sector Allocation

Sector Allocation
Name Percent
Healthcare 19.03
Telecommunications 14.98
Consumer Goods 14.77
Financial Services 13.98
Utilities 9.67
Other 27.57

Geographic Allocation

Geographic Allocation
Name Percent
North America 69.00
Asia 18.82
Europe 10.02
Africa and Middle East 2.15
Other 0.01

Top Holdings

Top Holdings
Name Percent
Colgate-Palmolive Co 3.01
Procter & Gamble Co 2.99
Coca-Cola Co 2.97
Johnson & Johnson 2.94
Consolidated Edison Inc 2.89
Costco Wholesale Corp 2.87
Vertex Pharmaceuticals Inc 2.77
T-Mobile US Inc 2.64
Merck & Co Inc 2.64
Atmos Energy Corp 2.56

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

RBC QUBE Low Volatility Global Equity Fund Series A

Median

Other - Global Equity

3 Yr Annualized

Standard Deviation 9.24% 9.58% 9.74%
Beta 0.56% 0.58% 0.65%
Alpha 0.02% -0.02% 0.01%
Rsquared 0.61% 0.65% 0.62%
Sharpe 0.38% 0.23% 0.66%
Sortino 0.52% 0.17% 0.77%
Treynor 0.06% 0.04% 0.10%
Tax Efficiency 89.51% 85.88% 91.34%
Volatility Volatility rating is 4 on a scale of 1 to 10 Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 5 on a scale of 1 to 10

Risk Rating

Rating 4 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 7.97% 9.24% 9.58% 9.74%
Beta 0.48% 0.56% 0.58% 0.65%
Alpha -0.05% 0.02% -0.02% 0.01%
Rsquared 0.45% 0.61% 0.65% 0.62%
Sharpe -0.14% 0.38% 0.23% 0.66%
Sortino 0.11% 0.52% 0.17% 0.77%
Treynor -0.02% 0.06% 0.04% 0.10%
Tax Efficiency 69.64% 89.51% 85.88% 91.34%

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.

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Fund Details

Start Date April 08, 2013
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $2,113

Fund Codes

FundServ Code Load Code Sales Status
RBF487

Investment Objectives

To provide long-term capital growth. The fund invests primarily in equity securities of companies throughout the world using a quantitative investment approach. The fund seeks to achieve a reduced level of volatility of returns as compared to the broader global equity market.

Investment Strategy

The fund is managed using a quantitative investment model designed to select individual stocks while controlling portfolio-level risk. This involves building a portfolio that maximizes exposure to factors associated with outperformance, while controlling for exposure to risk factors.

Portfolio Manager(s)

Name Start Date
Norman So 11-01-2021
Oliver McMahon 11-01-2021

Management and Organization

Fund Manager RBC Global Asset Management Inc.
Advisor RBC Global Asset Management Inc.
Custodian RBC Investor Services Trust (Canada)
Registrar RBC Investor Services Trust (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 2.09%
Management Fee 1.75%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 1.00%
Trailer Fee Max (LL) -

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