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

Add to My Watchlist

Global Corp Fixed Income

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

NAVPS
(04-15-2024)
$8.61
Change
-$0.05 (-0.56%)

As at March 31, 2024

As at December 31, 2023

Period
Loading...

Legend

BlueBay Global Investment Grade Corporate Bond Fund (Canada) Series A

Compare Options


Fund Returns

Inception Return (December 01, 2016): 1.82%

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 1.30% 0.27% -1.39% 0.48% 5.90% -1.36% -2.57% 1.83% 1.39% 1.38% 1.55% - - -
Benchmark 0.87% 1.89% 7.97% 1.89% 5.13% 2.99% -0.37% -0.61% 1.00% 1.65% 1.85% 2.17% 2.40% 3.49%
Category Average 0.99% 7.07% 7.07% 0.83% 5.91% 1.22% -0.24% 2.52% 1.83% 2.01% - - - -
Category Rank 10 / 114 71 / 113 40 / 112 71 / 113 63 / 112 90 / 101 86 / 96 56 / 90 58 / 87 60 / 79 50 / 71 - - -
Quartile Ranking 1 3 2 3 3 4 4 3 3 4 3 - - -

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 0.41% -0.85% 0.41% 0.76% -0.59% -1.93% -1.39% 4.90% 3.75% 0.27% -1.07% 1.30%
Benchmark 1.46% -1.67% -1.90% 0.45% 1.77% -2.69% 1.41% 3.17% 1.28% 0.85% 0.16% 0.87%

Best Monthly Return Since Inception

5.66% (April 2020)

Worst Monthly Return Since Inception

-8.83% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - 5.42% -3.36% 10.38% 11.33% -0.59% -16.44% 8.10%
Benchmark 12.44% 15.41% 0.66% 2.08% 5.22% 5.81% 8.39% -3.78% -10.63% 6.54%
Category Average - - - - - 9.03% 6.89% 0.56% -10.54% 7.62%
Quartile Ranking - - - 2 4 2 1 3 4 2
Category Rank - - - 21/ 71 70/ 78 26/ 84 11/ 89 60/ 93 93/ 101 51/ 111

Best Calendar Return (Last 10 years)

11.33% (2020)

Worst Calendar Return (Last 10 years)

-16.44% (2022)

Asset Allocation

Asset Allocation
Name Percent
Foreign Corporate Bonds 71.72
Foreign Government Bonds 14.23
Cash and Equivalents 9.39
Canadian Corporate Bonds 4.89
Canadian Government Bonds 0.51
Other -0.74

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 91.34
Cash and Cash Equivalent 9.40
Other -0.74

Geographic Allocation

Geographic Allocation
Name Percent
North America 68.23
Europe 24.33
Latin America 2.13
Multi-National 1.33
Other 3.98

Top Holdings

Top Holdings
Name Percent
United States Treasury 5.00% 31-Aug-2025 4.08
United States Treasury 4.75% 15-Nov-2053 3.51
MARGIN CASH - CAD - CITI NON CLEARED COLL 2.23
MARGIN CASH - CAD - CITI OTC CLEARED 1.95
Credit Suisse Group AG 7.75% 01-Mar-2028 1.70
United Kingdom Government 4.25% 07-Jun-2032 1.63
MARGIN CASH - USD - CITI FUTURES 1.09
Canadian Dollar 1.03
Broadcom Inc 4.93% 15-Feb-2037 1.03
Foundry JV Holdco LLC 5.88% 25-Oct-2033 1.01

Equity Style

Equity style data not available

Fixed Income Style

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

Risk vs Return (3 Yr)

BlueBay Global Investment Grade Corporate Bond Fund (Canada) Series A

Median

Other - Global Corp Fixed Income

3 Yr Annualized

Standard Deviation 7.82% 8.35% -
Beta 0.81% 0.81% -
Alpha -0.02% 0.01% -
Rsquared 0.55% 0.43% -
Sharpe -0.63% -0.02% -
Sortino -0.87% -0.20% -
Treynor -0.06% 0.00% -
Tax Efficiency - 14.91% -
Volatility Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 3 on a scale of 1 to 10 -

Risk Rating

Rating 3 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 7.06% 7.82% 8.35% -
Beta 0.71% 0.81% 0.81% -
Alpha 0.02% -0.02% 0.01% -
Rsquared 0.35% 0.55% 0.43% -
Sharpe 0.17% -0.63% -0.02% -
Sortino 0.89% -0.87% -0.20% -
Treynor 0.02% -0.06% 0.00% -
Tax Efficiency 83.49% - 14.91% -

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) $3,145

Fund Codes

FundServ Code Load Code Sales Status
RBF9079

Investment Objectives

To provide total returns comprised of interest income and modest capital appreciation. The fund invests primarily in investment grade corporate debt securities from anywhere around the world. It may also invest in high yield debt securities and emerging market sovereign and corporate bonds globally.

Investment Strategy

To achieve the fund’s objectives, the portfolio manager: invests primarily in investment grade debt securities rated BBB(-) and above by Standard & Poor’s (or equivalent rating agency) of companies domiciled or carrying out their business activities anywhere in the world; conducts detailed company credit and industry analysis to identify investment opportunities offering higher probabilities of superior rates of return while simultaneously minimizing the prospect of default.

Portfolio Manager(s)

Name Start Date
RBC Global Asset Management Inc. 08-10-2021
RBC Global Asset Management (U.S.) Inc. 09-27-2022
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 Global Asset Management Inc.
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 1.54%
Management Fee 1.35%
Load No Load
FE Max -
DSC Max -
LL 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.