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RP Alternative Global Bond Fund Class A
Alternative Credit Focus
Click for more information on Fundata’s FundGrade
FundGrade C
Click for more information on Fundata’s FundGrade.
FundGrade A+® Rating Recipient
2025, 2024
Click for more information on Fundata’s FundGrade
|
NAVPS (06-19-2026) |
$9.64 |
|---|---|
| Change |
$0.00
(-0.04%)
|
As at May 31, 2026
As at April 30, 2026
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Legend
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Fund Returns
Inception Return (July 10, 2019): 5.38%
| 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 | 1.26% | 0.23% | -1.52% | 0.41% | 1.85% | 3.74% | 6.78% | 6.04% | 4.38% | 7.00% | - | - | - | - |
| Benchmark | 1.41% | -0.55% | 0.39% | 1.78% | 2.90% | 5.87% | 4.11% | 3.23% | 0.83% | 0.37% | 1.26% | 1.96% | 1.65% | 1.78% |
| Category Average | 0.77% | 0.87% | 2.20% | 2.09% | 6.05% | 6.39% | 6.71% | 5.55% | 3.70% | 5.05% | 4.34% | - | - | - |
| Category Rank | 15 / 150 | 95 / 150 | 146 / 146 | 137 / 146 | 130 / 134 | 109 / 119 | 38 / 106 | 30 / 91 | 23 / 67 | 9 / 50 | - | - | - | - |
| Quartile Ranking | 1 | 3 | 4 | 4 | 4 | 4 | 2 | 2 | 2 | 1 | - | - | - | - |
Monthly Return
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.67% | 0.53% | 0.86% | 0.87% | 0.13% | 0.31% | -1.92% | 0.75% | -0.57% | -1.57% | 0.56% | 1.26% |
| Benchmark | 0.04% | -0.74% | 0.37% | 1.80% | 0.76% | 0.26% | -1.36% | 0.63% | 1.70% | -1.99% | 0.06% | 1.41% |
Best Monthly Return Since Inception
7.07% (April 2020)
Worst Monthly Return Since Inception
-16.63% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | 7.71% | 4.05% | 0.44% | 8.35% | 8.28% | 4.09% |
| Benchmark | 1.54% | 2.70% | 1.29% | 6.97% | 8.61% | -2.71% | -11.46% | 6.38% | 4.10% | 2.40% |
| Category Average | - | - | - | - | 7.20% | 3.25% | -4.07% | 7.22% | 7.97% | 5.39% |
| Quartile Ranking | - | - | - | - | 2 | 2 | 1 | 2 | 2 | 3 |
| Category Rank | - | - | - | - | 15/ 36 | 23/ 64 | 18/ 85 | 31/ 105 | 51/ 110 | 97/ 132 |
Best Calendar Return (Last 10 years)
8.35% (2023)
Worst Calendar Return (Last 10 years)
0.44% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 102.23 |
| Canadian Government Bonds | 68.52 |
| Canadian Corporate Bonds | 39.01 |
| Foreign Bonds - Other | 5.35 |
| Cash and Equivalents | 1.35 |
| Other | -116.46 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 98.20 |
| Cash and Cash Equivalent | 1.35 |
| Industrial Services | 0.19 |
| Consumer Goods | 0.13 |
| Technology | 0.01 |
| Other | 0.12 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 96.61 |
| Europe | 3.28 |
| Other | 0.11 |
Top Holdings
| Name | Percent |
|---|---|
| CANADIAN GOVERNMENT 2.500% 05/01/2028 | 33.35 |
| CANADIAN GOVERNMENT 2.250% 02/01/2028 | 31.81 |
| CANADIAN GOVERNMENT 2.750% 03/01/2031 | 7.78 |
| Canada Government 0.50% 01-Dec-2030 | 7.54 |
| BANK OF AMERICA CORP FRN 04/23/2032 | 7.22 |
| JPMORGAN CHASE & CO FRN 04/23/2032 | 5.51 |
| MORGAN STANLEY FRN 04/16/2032 | 5.45 |
| GOLDMAN SACHS GROUP INC FRN 04/20/2030 | 3.46 |
| BANK OF NOVA SCOTIA FRN 05/01/2034 | 3.31 |
| TORONTO-DOMINION BANK FRN 04/13/2030 | 3.18 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
RP Alternative Global Bond Fund Class A
Median
Other - Alternative Credit Focus
3 Yr Annualized
| Standard Deviation | 3.18% | 3.35% | - |
|---|---|---|---|
| Beta | 0.32 | 0.28 | - |
| Alpha | 0.05 | 0.04 | - |
| Rsquared | 0.27% | 0.24% | - |
| Sharpe | 0.96 | 0.43 | - |
| Sortino | 2.01 | 0.62 | - |
| Treynor | 0.10 | 0.05 | - |
| Tax Efficiency | 70.44% | 54.89% | - |
| Volatility |
|
|
- |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 3.46% | 3.18% | 3.35% | - |
| Beta | 0.55 | 0.32 | 0.28 | - |
| Alpha | 0.00 | 0.05 | 0.04 | - |
| Rsquared | 0.42% | 0.27% | 0.24% | - |
| Sharpe | -0.13 | 0.96 | 0.43 | - |
| Sortino | -0.38 | 2.01 | 0.62 | - |
| Treynor | -0.01 | 0.10 | 0.05 | - |
| Tax Efficiency | 1.43% | 70.44% | 54.89% | - |
Fund Details
| Start Date | July 10, 2019 |
|---|---|
| Instrument Type | Mutual Fund (Alternative) |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | - |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| RPD200 |
Investment Objectives
The investment objective of the Fund is to generate attractive risk-adjusted returns with an emphasis on capital preservation. The Fund will invest primarily in investment grade debt and debt-like securities of corporations and financial institutions. The Fund may also use derivatives for leverage, engage in short selling and borrow cash for investment purposes.
Investment Strategy
To achieve the investment objective, the Fund intends to invest primarily in investment grade debt securities rated BBB- and above by Standard & Poor’s (or equivalent rating agency) from anywhere around the world, with a focus on G7 countries. The Fund may invest in corporate bonds, government and agency debt, high quality asset backed paper, floating rate notes, credit derivatives, preferred shares, and loans.
Portfolio Management
| Portfolio Manager |
RP Investment Advisors
|
|---|---|
| Sub-Advisor |
- |
Management and Organization
| Fund Manager |
RP Investment Advisors |
|---|---|
| Custodian |
The Northern Trust Company Canada |
| Registrar |
Apex Fund Services (Canada) Ltd. |
| Distributor |
- |
Investment Minimums
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | No |
| PAC Initial Investment | - |
| PAC Subsequent | - |
| SWP Allowed | No |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
Fees
| MER | 2.90% |
|---|---|
| Management Fee | 1.40% |
| Load | Back Fee Only |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 0.50% |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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