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RBC Retirement Income Solution Series A

Canadian Fix Inc Balanced

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

NAVPS
(06-13-2024)
$10.77
Change
$0.01 (0.10%)

As at May 31, 2024

As at March 31, 2024

Period
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Legend

RBC Retirement Income Solution Series A

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Fund Returns

Inception Return (October 11, 2016): 2.44%

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 1.52% 1.18% 4.65% 2.25% 6.68% 3.38% 0.75% 2.16% 2.30% 2.62% 2.23% - - -
Benchmark 0.69% 0.14% 2.93% -0.59% 4.74% 2.34% 0.07% 1.58% 2.23% 2.88% 2.65% 2.97% 2.78% 3.20%
Category Average 1.91% 4.95% 4.95% 1.80% 6.77% 3.40% 0.53% 2.21% 2.30% 2.53% 2.20% 2.61% 2.33% 2.64%
Category Rank 376 / 417 272 / 417 256 / 416 154 / 416 223 / 414 242 / 409 202 / 385 199 / 352 196 / 341 169 / 305 166 / 287 - - -
Quartile Ranking 4 3 3 2 3 3 3 3 3 3 3 - - -

Monthly Return

Monthly Return
Return % Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
Fund 0.35% 0.31% -0.21% -1.60% 0.02% 3.12% 2.35% 0.25% 0.82% 0.95% -1.28% 1.52%
Benchmark 0.81% -0.16% -0.48% -2.80% -0.48% 5.03% 3.54% -0.88% 0.16% 1.39% -1.91% 0.69%

Best Monthly Return Since Inception

3.51% (April 2020)

Worst Monthly Return Since Inception

-4.19% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - 2.75% -0.56% 7.70% 6.05% 3.47% -7.93% 5.69%
Benchmark 9.52% 0.56% 6.19% 4.30% -1.25% 10.87% 8.35% 3.73% -9.93% 7.79%
Category Average 6.62% 1.24% 4.06% 3.92% -2.19% 9.07% 6.42% 3.91% -9.95% 7.21%
Quartile Ranking - - - 4 1 4 3 3 1 4
Category Rank - - - 244/ 284 66/ 297 264/ 321 251/ 350 229/ 373 60/ 389 385/ 412

Best Calendar Return (Last 10 years)

7.70% (2019)

Worst Calendar Return (Last 10 years)

-7.93% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Corporate Bonds 32.46
Canadian Government Bonds 26.06
US Equity 9.72
Canadian Equity 8.91
Cash and Equivalents 5.89
Other 16.96

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 69.26
Cash and Cash Equivalent 5.90
Financial Services 5.71
Technology 3.53
Industrial Services 2.31
Other 13.29

Geographic Allocation

Geographic Allocation
Name Percent
North America 86.05
Multi-National 5.25
Europe 5.19
Asia 2.58
Latin America 0.50
Other 0.43

Top Holdings

Top Holdings
Name Percent
RBC Canadian Short-Term Income Fund Series O 54.61
RBC Global Dividend Growth Fund Series O 10.89
RBC Global High Yield Bond Fund Series O 5.07
RBC QUBE Low Volatility Global Equity Fund O 5.04
RBC QUBE Low Volatility Canadian Equity Fund O 4.59
PH&N Conservative Equity Income Fund Series O 4.57
RBC Bond Fund Series O 4.50
PH&N Total Return Bond Fund Series O 4.45
RBC Global Bond Fund Series O 1.75
BlueBay Global Sovereign Bond Fund (Canada) O 1.72

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

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

Risk vs Return (3 Yr)

RBC Retirement Income Solution Series A

Median

Other - Canadian Fix Inc Balanced

3 Yr Annualized

Standard Deviation 5.42% 5.21% -
Beta 0.69% 0.67% -
Alpha 0.01% 0.01% -
Rsquared 0.93% 0.93% -
Sharpe -0.37% 0.07% -
Sortino -0.51% -0.15% -
Treynor -0.03% 0.01% -
Tax Efficiency 8.17% 76.15% -
Volatility Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10 -

Risk Rating

Rating 2 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 4.68% 5.42% 5.21% -
Beta 0.60% 0.69% 0.67% -
Alpha 0.04% 0.01% 0.01% -
Rsquared 0.92% 0.93% 0.93% -
Sharpe 0.37% -0.37% 0.07% -
Sortino 1.46% -0.51% -0.15% -
Treynor 0.03% -0.03% 0.01% -
Tax Efficiency 88.69% 8.17% 76.15% -

Fund Details

Start Date October 11, 2016
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) $70

Fund Codes

FundServ Code Load Code Sales Status
RBF1501

Investment Objectives

To provide regular income with a potential for modest capital appreciation. This fund is an asset allocation fund specifically designed for investors who are approaching or are already in retirement. The fund invests primarily in units of other funds managed by RBC GAM or an affiliate of RBC GAM (called the underlying funds), emphasizing mutual funds whose investment objective is to generate income.

Investment Strategy

To achieve the fund’s objectives, the portfolio manager: selects underlying funds managed by RBC GAM or an affiliate based on their ability to provide cash flow and complement other funds within the portfolio; allocates assets among the underlying funds within the target weightings set for the portfolio (excluding cash and cash equivalents).

Portfolio Manager(s)

Name Start Date
Sarah Riopelle 09-27-2016

Management and Organization

Fund Manager RBC Global Asset Management Inc.
Advisor RBC Global Asset Management Inc.
Custodian RBC Investor Services Trust
Registrar RBC Investor Services Trust
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 1.70%
Management Fee 1.45%
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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