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RBC $U.S. Money Market Fund Series A

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U.S. Money Market

NAVPS
(10-30-2024) 		$10.00
Change
$0.00 (0.01%)

As at September 30, 2024

As at August 31, 2024

Period
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Legend

RBC $U.S. Money Market Fund Series A

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Fund Returns

Inception Return (July 31, 1990): 2.34%

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 0.42% 1.29% 2.59% 3.97% 5.34% 5.00% 3.55% 2.68% 2.34% 2.32% 2.22% 2.05% 1.87% 1.69%
Benchmark 0.40% 1.22% 2.44% 3.69% 4.95% 4.74% 3.42% 2.57% 2.22% 2.22% 2.13% 1.95% 1.76% 1.58%
Category Average 0.41% 1.25% 2.55% 3.89% 5.18% 4.81% 3.39% 2.55% 2.23% 2.20% 2.08% 1.89% 1.71% 1.55%
Category Rank - - - - - - - - - - - - - -
Quartile Ranking - - - - - - - - - - - - - -

Monthly Return

Monthly Return
Return % Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
Fund 0.45% 0.44% 0.43% 0.51% 0.42% 0.41% 0.43% 0.44% 0.40% 0.44% 0.43% 0.42%
Benchmark 0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40%

Best Monthly Return Since Inception

0.68% (August 1990)

Worst Monthly Return Since Inception

0.00% (July 1990)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 0.09% 0.18% 0.50% 1.00% 1.90% 2.10% 0.60% 0.08% 1.60% 5.10%
Benchmark 0.03% 0.05% 0.28% 0.88% 1.87% 2.08% 0.44% 0.04% 1.76% 4.82%
Category Average 0.10% 0.14% 0.34% 0.71% 1.63% 2.04% 0.51% 0.07% 1.38% 4.91%
Quartile Ranking - - - - - - - - - -
Category Rank - - - - - - - - - -

Best Calendar Return (Last 10 years)

5.10% (2023)

Worst Calendar Return (Last 10 years)

0.08% (2021)

Asset Allocation

Asset Allocation
Name Percent
Cash and Equivalents 100.00

Sector Allocation

Sector Allocation
Name Percent
Cash and Cash Equivalent 100.00

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
Bank of Nova Scotia UTD 5.400% Jul 02, 2024 5.33
Province of Quebec Canada Jul 18, 2024 5.07
Safe Trust Oct 15, 2024 4.08
Enbridge Pipelines Inc Jul 23, 2024 3.58
Canadian Master Trust Jul 03, 2024 3.56
SOUND Trust Aug 28, 2024 2.59
Canadian Master Trust Sep 10, 2024 2.49
Farm Credit Canada Jul 24, 2024 2.45
Ridge Trust Sep 10, 2024 2.43
SURE Trust Jul 03, 2024 2.06

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

RBC $U.S. Money Market Fund Series A

Median

Other - U.S. Money Market

3 Yr Annualized

Standard Deviation 0.61% 0.64% 0.51%
Beta - - -
Alpha - - -
Rsquared - - -
Sharpe - - -
Sortino 1.24% -1.22% -2.26%
Treynor - - -
Tax Efficiency - - -
Volatility Volatility rating is 1 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10

Risk Rating

Rating 1 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 0.09% 0.61% 0.64% 0.51%
Beta - - - -
Alpha - - - -
Rsquared - - - -
Sharpe - - - -
Sortino - 1.24% -1.22% -2.26%
Treynor - - - -
Tax Efficiency - - - -

Fund Details

Start Date July 31, 1990
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency USD
Distribution Frequency Monthly
Assets ($mil) $380

Fund Codes

FundServ Code Load Code Sales Status
RBF261

Investment Objectives

> To provide current income and liquidity consistent with short-term U.S. money market rates. > To generate U.S. dollar returns, providing investors with potential for currency diversification. > To preserve the value of your investment. The fund invests primarily in high-quality, short-term (one year or less) debt securities denominated in U.S. dollars.

Investment Strategy

To achieve the fund’s objectives, the portfolio manager: strives to maintain a constant US$10 unit value; invests in short-term debt securities, maintaining an average term of 90 days or less; selects maturities based on both economic fundamentals and capital market developments; for the portion invested in corporate money market securities, invests only in securities rated R-1 or higher by DBRS Ltd. or the equivalent rating as defined by other recognized rating agencies.

Portfolio Manager(s)

Name Start Date
Walter Posiewko 01-01-1999

Management and Organization

Fund Manager RBC Global Asset Management Inc.
Advisor RBC Global Asset Management Inc.
Custodian RBC Investor Services Trust (Canada)
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 0.35%
Management Fee 0.30%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 0.10%
Trailer Fee Max (LL) -

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