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RBC Vision Fossil Fuel Free Balanced Fund Series A

Global Neutral Balanced

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeC Click for more information on Fundata’s ESG Grade

Fundata ESG Grade C

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NAVPS
(10-03-2024)
$10.83
Change
-$0.03 (-0.23%)

As at August 31, 2024

As at July 31, 2024

As at July 31, 2024

Period
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Legend

RBC Vision Fossil Fuel Free Balanced Fund Series A

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Fund Returns

Inception Return (January 25, 2021): 1.79%

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 -0.08% 3.88% 6.43% 11.49% 15.72% 9.92% -0.01% - - - - - - -
Benchmark -0.07% 5.05% 7.09% 11.27% 15.05% 12.92% 3.22% 5.30% 6.14% 6.04% 6.60% 6.34% 6.47% 7.28%
Category Average 0.56% 6.32% 6.32% 8.96% 13.32% 9.60% 2.38% 5.17% 5.16% 4.86% 5.03% 4.96% 4.95% 4.73%
Category Rank 1,495 / 1,738 1,096 / 1,730 906 / 1,706 209 / 1,706 292 / 1,682 861 / 1,616 1,406 / 1,479 - - - - - - -
Quartile Ranking 4 3 3 1 1 3 4 - - - - - - -

Monthly Return

Monthly Return
Return % Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug
Fund -3.79% 0.22% 5.25% 2.28% 1.42% 3.28% 1.49% -1.59% 2.58% 1.94% 1.98% -0.08%
Benchmark -3.70% 0.21% 5.00% 2.05% 0.78% 3.10% 1.80% -1.57% 1.73% 1.79% 3.28% -0.07%

Best Monthly Return Since Inception

5.65% (November 2022)

Worst Monthly Return Since Inception

-6.31% (January 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - - - -16.65% 7.19%
Benchmark 12.44% 17.05% 2.39% 8.66% 2.68% 12.26% 11.12% 6.48% -11.62% 11.69%
Category Average 7.77% 2.99% 5.05% 7.69% -3.99% 13.52% 7.16% 9.69% -11.26% 9.53%
Quartile Ranking - - - - - - - - 4 4
Category Rank - - - - - - - - 1,492/ 1,535 1,406/ 1,653

Best Calendar Return (Last 10 years)

7.19% (2023)

Worst Calendar Return (Last 10 years)

-16.65% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 34.36
International Equity 25.39
Canadian Government Bonds 21.17
Canadian Corporate Bonds 12.97
Cash and Equivalents 4.79
Other 1.32

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 35.49
Technology 16.45
Financial Services 9.83
Consumer Services 9.68
Industrial Goods 7.14
Other 21.41

Geographic Allocation

Geographic Allocation
Name Percent
North America 74.57
Europe 12.89
Asia 11.65
Latin America 0.70
Africa and Middle East 0.22
Other -0.03

Top Holdings

Top Holdings
Name Percent
RBC Vision Fossil Fuel Free Global Equity Fund O 52.96
RBC Vision Fossil Fuel Free Bond Fund Series O 28.86
RBC Vision Fossil Fuel Free Short-Term Bond Fund O 9.09
RBC Vision Fossil Fuel Free Emerging Mkts Equ Fd O 7.11
National Bank of Canada TD 4.700% Jul 02, 2024 1.82
Canadian Dollar 0.17

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

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

Risk vs Return (3 Yr)

RBC Vision Fossil Fuel Free Balanced Fund Series A

Median

Other - Global Neutral Balanced

3 Yr Annualized

Standard Deviation 10.10% - -
Beta 1.06% - -
Alpha -0.03% - -
Rsquared 0.91% - -
Sharpe -0.27% - -
Sortino -0.33% - -
Treynor -0.03% - -
Tax Efficiency - - -
Volatility Volatility rating is 5 on a scale of 1 to 10 - -

Risk Rating

Rating 5 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 8.12% 10.10% - -
Beta 0.99% 1.06% - -
Alpha 0.01% -0.03% - -
Rsquared 0.95% 0.91% - -
Sharpe 1.26% -0.27% - -
Sortino 2.69% -0.33% - -
Treynor 0.10% -0.03% - -
Tax Efficiency 99.35% - - -

Fundata ESG Metrics

Fundata ESG Score

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

Fund Details

Start Date January 25, 2021
Instrument Type Mutual Fund (Responsible Investment)
Share Class Commission Based Advice
Legal Status -
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $128

Fund Codes

FundServ Code Load Code Sales Status
RBF327

Investment Objectives

To provide long-term capital growth, with a secondary focus on modest income. The fund invests primarily in Canadian, U.S. and international equities and fixed-income securities, either directly or indirectly through investment in other mutual funds (called the underlying funds) managed by RBC GAM or an affiliate of RBC GAM. The fund aims to exclude securities of issuers directly engaged in the extraction, processing and transportation of fossil fuels such as coal, oil and natural gas.

Investment Strategy

It is currently expected that the fund will invest up to 100% of its net assets in units of the RBC Vision Fossil Fuel Free Short-Term Bond Fund, the RBC Vision Fossil Fuel Free Bond Fund, the RBC Vision QUBE Fossil Fuel Free Low Volatility Canadian Equity Fund, the RBC Vision Fossil Fuel Free Emerging Markets Equity Fund and the RBC Vision Fossil Fuel Free Global Equity Fund.

Portfolio Manager(s)

Name Start Date
Sarah Riopelle 01-14-2021

Management and Organization

Fund Manager RBC Global Asset Management Inc.
Advisor RBC Global Asset Management Inc.
Custodian RBC Investor Services Trust (Canada)
Registrar Royal Bank of Canada
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 -
SWP Min Withdrawal -

Fees

MER 2.03%
Management Fee 1.75%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 1.00%
Trailer Fee Max (LL) -

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