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RBC Vision QUBE Fossil Fuel Free Low Volatility Canadian Equity Fund Series A

Canadian Equity

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

Click for more information on Fundata’s FundGrade.

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

Fundata ESG Grade C

Click for more information on Fundata’s ESG Grade.

NAVPS
(04-22-2024)
$12.45
Change
$0.03 (0.28%)

As at March 31, 2024

As at December 31, 2023

As at February 29, 2024

Period
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Legend

RBC Vision QUBE Fossil Fuel Free Low Volatility Canadian Equity Fund Series A

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Fund Returns

Inception Return (January 22, 2021): 10.21%

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 1.92% 5.84% 15.20% 5.84% 9.23% 3.50% 8.91% - - - - - - -
Benchmark 4.14% 6.62% 15.26% 6.62% 13.96% 3.95% 9.11% 16.99% 9.96% 9.65% 8.48% 9.70% 7.76% 7.67%
Category Average 2.98% 13.93% 13.93% 6.16% 12.04% 3.60% 8.38% 15.41% 8.69% 8.07% 6.99% 7.91% 6.36% 6.41%
Category Rank 638 / 725 481 / 724 221 / 714 481 / 724 602 / 701 392 / 671 292 / 598 - - - - - - -
Quartile Ranking 4 3 2 3 4 3 2 - - - - - - -

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 2.50% -4.60% 1.95% -0.21% -2.39% -2.35% -1.88% 6.59% 4.07% 1.42% 2.39% 1.92%
Benchmark 2.90% -4.95% 3.36% 2.58% -1.37% -3.33% -3.21% 7.48% 3.91% 0.55% 1.82% 4.14%

Best Monthly Return Since Inception

6.59% (November 2023)

Worst Monthly Return Since Inception

-6.94% (June 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - - - -4.54% 9.92%
Benchmark 10.55% -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75%
Category Average 9.54% -6.15% 16.46% 6.89% -9.47% 19.21% 3.42% 23.26% -4.82% 9.85%
Quartile Ranking - - - - - - - - 2 3
Category Rank - - - - - - - - 301/ 656 379/ 694

Best Calendar Return (Last 10 years)

9.92% (2023)

Worst Calendar Return (Last 10 years)

-4.54% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 93.88
Income Trust Units 4.90
International Equity 0.67
Cash and Equivalents 0.55

Sector Allocation

Sector Allocation
Name Percent
Financial Services 29.95
Consumer Services 17.11
Basic Materials 10.20
Real Estate 9.56
Telecommunications 8.92
Other 24.26

Geographic Allocation

Geographic Allocation
Name Percent
North America 99.33
Asia 0.67

Top Holdings

Top Holdings
Name Percent
Bank of Nova Scotia 5.05
Royal Bank of Canada 5.02
Bank of Montreal 5.02
National Bank of Canada 4.97
Alimentation Couche-Tard Inc 4.08
BCE Inc 4.02
Dollarama Inc 4.00
Constellation Software Inc 3.98
Hydro One Ltd 3.98
CGI Inc Cl A 3.96

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

RBC Vision QUBE Fossil Fuel Free Low Volatility Canadian Equity Fund Series A

Median

Other - Canadian Equity

3 Yr Annualized

Standard Deviation 11.17% - -
Beta 0.79% - -
Alpha 0.02% - -
Rsquared 0.89% - -
Sharpe 0.59% - -
Sortino 0.86% - -
Treynor 0.08% - -
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 10.96% 11.17% - -
Beta 0.80% 0.79% - -
Alpha -0.02% 0.02% - -
Rsquared 0.88% 0.89% - -
Sharpe 0.43% 0.59% - -
Sortino 0.99% 0.86% - -
Treynor 0.06% 0.08% - -
Tax Efficiency 95.87% - - -

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 22, 2021
Instrument Type Mutual Fund (Responsible Investment)
Share Class Commission Based Advice
Legal Status -
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $150

Fund Codes

FundServ Code Load Code Sales Status
RBF325

Investment Objectives

To provide long-term capital growth. The fund invests primarily in equity securities of Canadian companies using a quantitative investment approach, but excludes securities of issuers directly engaged in the extraction, processing and transportation of fossil fuels such as coal, oil and natural gas. The fund seeks to achieve a reduced level of volatility of returns as compared to the broader Canadian equity market.

Investment Strategy

The fund’s investment process begins by excluding issuers identified in two exclusion lists that determine its investable universe. The first exclusion list is based on the Carbon Underground 200. Generally, any issuer included in the Carbon Underground 200 exclusion list is ineligible for the fund. RBC GAM has partnered with Sustainalytics to identify issuers for the second exclusion list.

Portfolio Manager(s)

Name Start Date
Jaco Van der Walt 02-22-2021
Oliver McMahon 11-01-2021
Norman So 11-01-2021

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 1.88%
Management Fee 1.60%
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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