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BlueBay European High Yield Bond Fund (Canada) Series A
High Yield Fixed Income
Click for more information on Fundata’s FundGrade
FundGrade C
Click for more information on Fundata’s FundGrade.
FundGrade A+® Rating Recipient
2025, 2024, 2023, 2022, 2021
Click for more information on Fundata’s FundGrade
|
NAVPS (11-10-2026) |
$9.25 |
|---|---|
| Change |
$0.03
(0.32%)
|
As at October 31, 2026
As at September 30, 2026
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Legend
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Fund Returns
Inception Return (October 03, 2016): 4.04%
| 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 | -1.66% | -3.16% | -2.72% | -2.62% | -2.41% | 1.22% | 5.17% | 6.14% | 2.47% | 3.48% | 3.46% | 3.92% | 3.56% | 4.06% |
| Benchmark | -2.08% | -2.64% | 0.64% | 1.16% | 0.27% | 4.85% | 8.97% | 9.52% | 5.55% | 4.79% | 4.78% | 5.27% | 4.79% | 4.93% |
| Category Average | -0.02% | -1.35% | -1.15% | -0.21% | 0.25% | 3.23% | 6.49% | 5.78% | 2.11% | 3.04% | 2.91% | 3.24% | 2.82% | 3.09% |
| Category Rank | 245 / 260 | 243 / 257 | 240 / 257 | 248 / 255 | 246 / 254 | 229 / 246 | 223 / 245 | 121 / 239 | 121 / 233 | 127 / 225 | 99 / 219 | 86 / 212 | 72 / 190 | 62 / 178 |
| Quartile Ranking | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 2 | 2 | 2 | 2 |
Monthly Return
| Return % | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.01% | 0.20% | 0.66% | 0.25% | -2.59% | 1.85% | 0.74% | 0.40% | -0.69% | 0.20% | -1.71% | -1.66% |
| Benchmark | -0.09% | -0.80% | -0.26% | 0.83% | 0.13% | -0.18% | 1.73% | 2.93% | -1.29% | -0.14% | -0.43% | -2.08% |
Best Monthly Return Since Inception
5.61% (April 2020)
Worst Monthly Return Since Inception
-10.05% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | 6.87% | -1.28% | 11.87% | 6.70% | 3.41% | -8.64% | 11.95% | 8.67% | 4.00% |
| Benchmark | 10.80% | 2.96% | 5.36% | 7.98% | 6.14% | 0.50% | -6.92% | 10.36% | 17.23% | 5.59% |
| Category Average | 9.58% | 5.34% | -2.63% | 9.49% | 5.35% | 3.21% | -10.00% | 8.59% | 7.12% | 5.98% |
| Quartile Ranking | - | 1 | 2 | 2 | 2 | 3 | 2 | 1 | 2 | 4 |
| Category Rank | - | 25/ 180 | 55/ 191 | 75/ 215 | 56/ 221 | 151/ 226 | 60/ 233 | 34/ 239 | 91/ 245 | 213/ 246 |
Best Calendar Return (Last 10 years)
11.95% (2023)
Worst Calendar Return (Last 10 years)
-8.64% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Corporate Bonds | 45.25 |
| Foreign Corporate Bonds | 40.28 |
| Cash and Equivalents | 10.97 |
| Foreign Government Bonds | 3.52 |
| International Equity | 0.00 |
| Other | -0.02 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 89.04 |
| Cash and Cash Equivalent | 10.96 |
| Financial Services | 0.00 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 58.31 |
| Europe | 37.84 |
| Multi-National | 1.04 |
| Latin America | 0.33 |
| Other | 2.48 |
Top Holdings
| Name | Percent |
|---|---|
| Canadian Dollar | 8.02 |
| Canada Government 0.00% 04-Nov-2026 | 4.24 |
| MARGIN CASH - CAD - CITI FX COLL | 2.16 |
| Fibercop SpA 4.750% Jun 30, 2030 | 1.51 |
| SoftBank Group Corp 5.250% Oct 10, 2029 | 1.13 |
| VMED O2 UK Financing I PLC 4.50% 15-Jul-2031 | 1.03 |
| Sunrise FinCo I BV 4.625% May 15, 2032 | 0.97 |
| Versuni Group BV 5.750% Jul 01, 2033 | 0.85 |
| United Group BV 6.375% May 14, 2033 | 0.84 |
| Summer BidCo BV 8.875% Jan 31, 2031 | 0.84 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
BlueBay European High Yield Bond Fund (Canada) Series A
Median
Other - High Yield Fixed Income
3 Yr Annualized
| Standard Deviation | 3.79% | 5.70% | 6.06% |
|---|---|---|---|
| Beta | 0.35 | 0.64 | 0.60 |
| Alpha | 0.02 | -0.01 | 0.01 |
| Rsquared | 0.19% | 0.45% | 0.39% |
| Sharpe | 0.50 | -0.08 | 0.36 |
| Sortino | 0.82 | -0.09 | 0.25 |
| Treynor | 0.05 | -0.01 | 0.04 |
| Tax Efficiency | 72.43% | 21.23% | - |
| Volatility |
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Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 4.32% | 3.79% | 5.70% | 6.06% |
| Beta | 0.35 | 0.35 | 0.64 | 0.60 |
| Alpha | -0.02 | 0.02 | -0.01 | 0.01 |
| Rsquared | 0.14% | 0.19% | 0.45% | 0.39% |
| Sharpe | -1.06 | 0.50 | -0.08 | 0.36 |
| Sortino | -1.32 | 0.82 | -0.09 | 0.25 |
| Treynor | -0.13 | 0.05 | -0.01 | 0.04 |
| Tax Efficiency | - | 72.43% | 21.23% | - |
Fund Details
| Start Date | October 03, 2016 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Quarterly |
| Assets ($mil) | $2,358 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| RBF436 | NL | Open |
Investment Objectives
• To provide total returns comprised of interest income and modest capital appreciation. The fund invests primarily in high yield debt securities issued by entities domiciled in or carrying out the majority of their business activities in Europe. 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: • invests the fund’s assets primarily in high yield debt securities, such as corporate bonds and loans, rated below investment grade (BB+ or below by Standard & Poor’s or an equivalent rating agency) of companies domiciled or carrying out the majority of their business activities in Europe; • conducts detailed company credit and industry analysis to identify investment opportunities offering higher probabilities of superior rates of return
Portfolio Management
| Portfolio Manager |
RBC Global Asset Management Inc. |
|---|---|
| Sub-Advisor |
RBC Global Asset Management (UK) Limited |
Management and Organization
| Fund Manager |
RBC Global Asset Management Inc. |
|---|---|
| Custodian |
RBC Investor Services Trust |
| Registrar |
RBC Investor Services Trust |
| 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 | 1.79% |
|---|---|
| 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) | - |
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