Try Fund Library Premium
Free with a 30 day trial!
Gain access to
- Unlimited Watchlists
- Advanced Search Filtering
- Fund Comparisons
- Portfolio Scenarios
- Customizable PDF Reports
- Portfolio Rebalancer new
RBC Emerging Markets Foreign Exchange Fund Series A
Emerg Mkts Fixed Income
Click for more information on Fundata’s FundGrade
FundGrade C
Click for more information on Fundata’s FundGrade.
|
NAVPS (07-29-2026) |
$9.16 |
|---|---|
| Change |
-$0.02
(-0.26%)
|
As at June 30, 2026
As at May 31, 2026
Loading......
Legend
Compare Options
Fund Returns
Inception Return (July 27, 2015): 2.07%
| 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 | 1.85% | 3.36% | 4.39% | 4.39% | 7.16% | 8.05% | 6.99% | 7.57% | 4.88% | 3.34% | 2.57% | 2.50% | 2.13% | 2.31% |
| Benchmark | 3.31% | 5.55% | 5.20% | 5.20% | 12.38% | 11.45% | 11.48% | 11.06% | 4.12% | 3.06% | 3.20% | 4.08% | 3.59% | 3.76% |
| Category Average | 1.65% | 4.46% | 3.85% | 3.85% | 10.05% | 9.70% | 9.22% | 9.19% | 3.73% | 3.71% | 3.13% | 3.71% | - | - |
| Category Rank | 36 / 64 | 51 / 64 | 34 / 64 | 34 / 64 | 49 / 63 | 45 / 62 | 52 / 59 | 37 / 54 | 16 / 38 | 20 / 37 | 17 / 29 | 20 / 27 | 17 / 25 | 11 / 17 |
| Quartile Ranking | 3 | 4 | 3 | 3 | 4 | 3 | 4 | 3 | 2 | 3 | 3 | 3 | 3 | 3 |
Monthly Return
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -0.02% | 0.56% | 2.03% | 0.44% | 0.19% | -0.55% | 0.52% | 1.26% | -0.77% | -0.26% | 1.75% | 1.85% |
| Benchmark | 1.79% | 0.99% | 2.68% | 2.42% | -0.14% | -1.05% | -0.64% | 1.92% | -1.57% | 0.02% | 2.14% | 3.31% |
Best Monthly Return Since Inception
3.59% (November 2022)
Worst Monthly Return Since Inception
-3.98% (June 2017)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -0.49% | 2.63% | 3.13% | -1.29% | -2.01% | -5.59% | 3.81% | 4.93% | 5.99% | 7.01% |
| Benchmark | 3.92% | 4.16% | 4.15% | 7.03% | 4.99% | -4.38% | -12.92% | 7.92% | 13.85% | 8.62% |
| Category Average | - | - | - | 9.00% | 3.99% | -4.64% | -9.10% | 9.06% | 8.21% | 9.86% |
| Quartile Ranking | 4 | 4 | 2 | 4 | 4 | 4 | 1 | 4 | 3 | 3 |
| Category Rank | 17/ 17 | 17/ 21 | 11/ 25 | 29/ 29 | 31/ 31 | 32/ 38 | 4/ 53 | 47/ 58 | 43/ 62 | 41/ 62 |
Best Calendar Return (Last 10 years)
7.01% (2025)
Worst Calendar Return (Last 10 years)
-5.59% (2021)
Asset Allocation
| Name | Percent |
|---|---|
| Cash and Equivalents | 98.93 |
| Foreign Government Bonds | 1.07 |
Sector Allocation
| Name | Percent |
|---|---|
| Cash and Cash Equivalent | 98.93 |
| Fixed Income | 1.07 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 98.92 |
| Latin America | 1.07 |
| Europe | 0.00 |
| Other | 0.01 |
Top Holdings
| Name | Percent |
|---|---|
| Fusion Trust May 19, 2026 | 2.06 |
| STABLE TRUST NABP May 01 26 | 2.03 |
| Zeus Receivables Trust Aug 24, 2026 | 1.88 |
| Canadian Imperial Bank of Commerce Oct 20, 2026 | 1.42 |
| Toronto-Dominion Bank 2.560% Jul 21, 2026 | 1.38 |
| Fusion Trust Apr 07, 2026 | 1.34 |
| King Street Funding Trust May 08, 2026 | 1.32 |
| Canadian Imperial Bank of Commerce May 06, 2026 | 1.30 |
| Canadian Imperial Bank of Commerce 2.589% Mar 19, 2027 | 1.29 |
| Inter Pipeline Corridor Inc Apr 07, 2026 | 1.29 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
RBC Emerging Markets Foreign Exchange Fund Series A
Median
Other - Emerg Mkts Fixed Income
3 Yr Annualized
| Standard Deviation | 3.62% | 4.37% | 5.11% |
|---|---|---|---|
| Beta | 0.43 | 0.37 | 0.47 |
| Alpha | 0.02 | 0.03 | 0.01 |
| Rsquared | 0.42% | 0.42% | 0.47% |
| Sharpe | 0.92 | 0.44 | 0.10 |
| Sortino | 1.99 | 0.67 | -0.15 |
| Treynor | 0.08 | 0.05 | 0.01 |
| Tax Efficiency | 66.47% | 71.36% | - |
| Volatility |
|
|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 3.29% | 3.62% | 4.37% | 5.11% |
| Beta | 0.48 | 0.43 | 0.37 | 0.47 |
| Alpha | 0.01 | 0.02 | 0.03 | 0.01 |
| Rsquared | 0.67% | 0.42% | 0.42% | 0.47% |
| Sharpe | 1.42 | 0.92 | 0.44 | 0.10 |
| Sortino | 2.81 | 1.99 | 0.67 | -0.15 |
| Treynor | 0.10 | 0.08 | 0.05 | 0.01 |
| Tax Efficiency | 56.15% | 66.47% | 71.36% | - |
Fund Details
| Start Date | July 27, 2015 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Quarterly |
| Assets ($mil) | $1,614 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| RBF406 |
Investment Objectives
• To provide total returns associated with those of emerging market currencies and short-term interest rates. • To provide total returns comprised of income and modest capital growth. The fund invests primarily in short-term Canadian money market instruments and foreign exchange forward contracts on emerging market currencies. We will not change the fundamental investment objectives of the fund unless we have the consent of a majority of the voting unitholders of the fund to do so.
Investment Strategy
To achieve the fund’s objectives, the portfolio manager: • uses derivatives such as forward contracts to gain exposure to currencies in emerging market countries; • invests most of the fund’s assets in high-quality Canadian money market securities; • focuses on countries demonstrating improving fiscal, balance of payments and business-friendly trends, coupled with positive public policy momentum; • emphasizes fundamental economic analysis of each country and its sensitivity to the shifting globa
Portfolio Management
| Portfolio Manager |
RBC Global Asset Management Inc.
|
|---|---|
| Sub-Advisor |
- |
Management and Organization
| Fund Manager |
RBC Global Asset Management Inc. |
|---|---|
| Custodian |
RBC Investor Services Trust (Canada) |
| Registrar |
Royal Bank of Canada RBC Investor Services Trust (Canada) RBC Global Asset Management Inc. |
| Distributor |
Royal Mutual Funds Inc. |
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 | 1.68% |
|---|---|
| Management Fee | 1.50% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | 0.75% |
| Trailer Fee Max (LL) | - |
Try Fund Library Premium
Free with a 30 day trial!
Gain access to
- Unlimited Watchlists
- Advanced Search Filtering
- Fund Comparisons
- Portfolio Scenarios
- Customizable PDF Reports
- Portfolio Rebalancer new
