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

BlueBay Global Sovereign Bond Fund (Canada) Series A

Global Fixed Income

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

Click for more information on Fundata’s FundGrade.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2019

Click for more information on Fundata’s FundGrade

NAVPS
(06-13-2024)
$8.31
Change
$0.03 (0.36%)

As at May 31, 2024

As at March 31, 2024

Period
Loading...

Legend

BlueBay Global Sovereign Bond Fund (Canada) Series A

Compare Options


Fund Returns

Inception Return (December 01, 2016): 0.08%

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 0.95% -0.28% 1.78% -1.33% 1.19% -0.76% -3.41% -2.89% -1.10% -0.34% -0.12% - - -
Benchmark 0.00% -0.84% 0.62% -0.82% 0.03% 1.24% -2.50% -4.40% -1.98% -0.42% -0.71% -0.15% 0.99% 1.76%
Category Average 1.16% 2.23% 2.23% -0.81% 2.43% 0.70% -2.13% -1.19% -0.21% 0.49% 0.25% 0.66% 0.84% 1.06%
Category Rank 354 / 543 448 / 539 393 / 536 413 / 536 395 / 490 380 / 440 296 / 356 213 / 293 158 / 245 131 / 209 75 / 173 - - -
Quartile Ranking 3 4 3 4 4 4 4 3 3 3 2 - - -

Monthly Return

Monthly Return
Return % Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
Fund -0.02% 0.08% -0.83% -2.32% -0.84% 3.42% 3.16% -0.43% -0.62% 0.55% -1.76% 0.95%
Benchmark -2.61% -0.13% 1.51% -3.16% 1.33% 2.61% 1.46% 0.01% 0.00% 0.40% -1.24% 0.00%

Best Monthly Return Since Inception

3.42% (November 2023)

Worst Monthly Return Since Inception

-3.53% (September 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - 2.03% 0.61% 5.91% 5.51% -3.44% -12.45% 4.77%
Benchmark 10.42% 16.63% -1.36% -0.08% 7.82% 1.45% 7.03% -6.05% -10.83% 2.72%
Category Average 4.74% 2.92% 2.08% 2.75% -0.04% 5.49% 5.94% -1.81% -10.70% 5.33%
Quartile Ranking - - - 2 3 2 4 3 3 3
Category Rank - - - 62/ 163 116/ 191 79/ 234 208/ 268 227/ 325 274/ 392 302/ 472

Best Calendar Return (Last 10 years)

5.91% (2019)

Worst Calendar Return (Last 10 years)

-12.45% (2022)

Asset Allocation

Asset Allocation
Name Percent
Foreign Government Bonds 86.27
Cash and Equivalents 12.58
Canadian Government Bonds 1.15

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 87.42
Cash and Cash Equivalent 12.58

Geographic Allocation

Geographic Allocation
Name Percent
Europe 30.66
North America 30.06
Latin America 12.14
Asia 11.37
Multi-National 6.71
Other 9.06

Top Holdings

Top Holdings
Name Percent
United States Treasury 2.25% 15-Nov-2027 5.66
United States Treasury 1.13% 15-May-2040 5.66
United States Treasury 1.00% 31-Jul-2028 5.24
Germany Government 0.25% 15-Feb-2029 4.03
United States Treasury 0.88% 15-Nov-2030 3.96
MARGIN CASH - CAD - CITI NON CLEARED COLL 3.68
United States Treasury 3.50% 31-Jan-2028 3.67
Uruguay Government 0.52% 09-Dec-2024 3.54
Indonesia Government 0.96% 09-Jun-2025 3.26
United States Treasury 1.38% 15-Aug-2050 3.13

Equity Style

Equity style data not available

Fixed Income Style

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

Risk vs Return (3 Yr)

BlueBay Global Sovereign Bond Fund (Canada) Series A

Median

Other - Global Fixed Income

3 Yr Annualized

Standard Deviation 5.85% 5.11% -
Beta 0.61% 0.51% -
Alpha -0.02% 0.00% -
Rsquared 0.53% 0.46% -
Sharpe -1.06% -0.59% -
Sortino -1.28% -0.97% -
Treynor -0.10% -0.06% -
Tax Efficiency - - -
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 6.01% 5.85% 5.11% -
Beta 0.66% 0.61% 0.51% -
Alpha 0.01% -0.02% 0.00% -
Rsquared 0.42% 0.53% 0.46% -
Sharpe -0.58% -1.06% -0.59% -
Sortino -0.44% -1.28% -0.97% -
Treynor -0.05% -0.10% -0.06% -
Tax Efficiency 59.40% - - -

Fund Details

Start Date December 01, 2016
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) $1,841

Fund Codes

FundServ Code Load Code Sales Status
RBF9078

Investment Objectives

> To provide total returns comprised of interest income and modest capital appreciation. The fund invests primarily in fixed-income securities issued by sovereign governments and entities (including emerging market countries) anywhere in the world. The fund may also invest in corporate debt securities globally. 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 primarily in fixed-income securities of governments, their agencies, regional governments or supranational organizations throughout the world whose sovereign long-term debt rating is rated BBB(-) and above by Standard & Poor’s (or equivalent rating agency).

Portfolio Manager(s)

Name Start Date
RBC Global Asset Management Inc. 08-10-2021
RBC Global Asset Management (UK) Limited 06-27-2023

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 25
PAC Subsequent 25
SWP Allowed Yes
SWP Min Balance 10,000
SWP Min Withdrawal 100

Fees

MER 1.55%
Management Fee 1.35%
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) -

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