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RBC Emerging Markets Foreign Exchange Fund Series A

Emerg Mkts Fixed Income

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

NAVPS
(06-11-2025)
$9.18
Change
$0.01 (0.15%)

As at May 31, 2025

As at April 30, 2025

Period
Created with Highcharts 10.3.3Apr 2016Jan 2017Oct 2017Jul 2018Apr 2019Jan 2020Oct 2020Jul 2021Apr 2022Jan 2023Oct 2023Jul 2024Apr 2025Jul 2022Oct 2022Apr 2023Jul 2023Jan 2024Apr 2024Oct 2024Jan 2025Apr 2016Oct 2017Apr 2019Oct 2020Apr 2022Oct 2023$9,000$9,500$10,000$10,500$11,000$11,500$12,000$12,500Period

Legend

RBC Emerging Markets Foreign Exchange Fund Series A

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Fund Returns

Inception Return (July 27, 2015): 1.41%

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 1.27% 0.13% 3.59% 2.50% 6.32% 5.41% 6.82% 4.20% 2.07% 1.43% 1.55% 0.79% 1.72% -
Benchmark 0.30% -2.83% 0.69% -0.27% 9.29% 9.69% 8.12% 2.34% 1.20% 1.54% 2.72% 1.80% 2.88% 3.50%
Category Average 0.85% -0.74% 1.93% 1.86% 7.39% 8.60% 6.63% 2.02% 2.49% 2.04% 2.43% - - -
Category Rank 10 / 63 15 / 62 13 / 62 16 / 62 43 / 62 59 / 59 28 / 54 10 / 38 18 / 37 16 / 29 15 / 26 17 / 25 11 / 17 -
Quartile Ranking 1 1 1 2 3 4 3 2 2 3 3 3 3 -

Monthly Return

Created with Highcharts 10.3.3-4%-2%0%2%4%
Monthly Return
Return % Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
Fund -0.74% 1.78% -0.66% 2.17% 0.59% -0.47% 1.06% 2.43% -0.06% 0.59% -1.71% 1.27%
Benchmark 0.80% 2.93% 0.22% 2.10% 1.01% 1.21% 0.96% 1.82% 0.80% -0.22% -2.90% 0.30%

Best Monthly Return Since Inception

3.59% (November 2022)

Worst Monthly Return Since Inception

-3.98% (June 2017)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%30%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - -0.49% 2.63% 3.13% -1.29% -2.01% -5.59% 3.81% 4.93% 5.99%
Benchmark 18.71% 3.92% 4.16% 4.15% 7.03% 4.99% -4.38% -12.92% 7.92% 13.85%
Category Average - - - - 9.00% 3.99% -4.64% -9.10% 9.06% 8.21%
Quartile Ranking - 4 4 2 4 4 4 1 4 3
Category Rank - 17/ 17 17/ 21 11/ 25 29/ 29 31/ 31 32/ 38 4/ 53 47/ 58 43/ 62

Best Calendar Return (Last 10 years)

5.99% (2024)

Worst Calendar Return (Last 10 years)

-5.59% (2021)

Asset Allocation

Asset Allocation
Name Percent
Cash and Equivalents 99.20
Foreign Government Bonds 0.80

Sector Allocation

Sector Allocation
Name Percent
Cash and Cash Equivalent 99.20
Fixed Income 0.80

Geographic Allocation

Geographic Allocation
Name Percent
North America 99.20
Latin America 0.80
Europe 0.00

Top Holdings

Top Holdings
Name Percent
Bay Street Funding Trust Jul 07, 2025 2.94
STABLE Trust May 22, 2025 2.35
Zeus Receivables Trust May 23, 2025 2.19
SOUND Trust Apr 11, 2025 2.02
Banner Trust Jun 10, 2025 2.00
Fusion Trust Aug 21, 2025 1.95
Rideau Trail Funding Trust May 20, 2025 1.85
Bay Street Funding Trust Aug 05, 2025 1.84
Bank of Montreal May 09, 2025 1.62
King Street Funding Trust Jul 07, 2025 1.61

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return5678910112%4%6%8%10%12%

RBC Emerging Markets Foreign Exchange Fund Series A

Median

Other - Emerg Mkts Fixed Income

3 Yr Annualized

Standard Deviation 4.35% 4.52% -
Beta 0.33% 0.37% -
Alpha 0.04% 0.02% -
Rsquared 0.29% 0.40% -
Sharpe 0.63% -0.07% -
Sortino 1.56% -0.26% -
Treynor 0.08% -0.01% -
Tax Efficiency 81.24% 64.59% -
Volatility 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 4.44% 4.35% 4.52% -
Beta 0.66% 0.33% 0.37% -
Alpha 0.00% 0.04% 0.02% -
Rsquared 0.54% 0.29% 0.40% -
Sharpe 0.61% 0.63% -0.07% -
Sortino 1.29% 1.56% -0.26% -
Treynor 0.04% 0.08% -0.01% -
Tax Efficiency 75.02% 81.24% 64.59% -

Fund Details

Start Date July 27, 2015
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) $1,344

Fund Codes

FundServ Code Load Code Sales Status
RBF406

Investment Objectives

To provide total returns associated with those of emerging market currencies and short-term interest rates. To provide total returns comprised of income and modest capital growth. The fund invests primarily in short-term Canadian money market instruments and foreign exchange forward contracts on emerging market currencies.

Investment Strategy

To achieve the fund’s objectives, the portfolio manager: uses derivatives such as forward contracts to gain exposure to currencies in emerging market countries; invests most of the fund’s assets in high-quality Canadian money market securities; focuses on countries demonstrating improving fiscal, balance of payments and business-friendly trends, coupled with positive public policy momentum.

Portfolio Management

Portfolio Manager

RBC Global Asset Management Inc.

  • Daniel Mitchell
  • David Nava
Sub-Advisor

-

Management and Organization

Fund Manager

RBC Global Asset Management Inc.

Custodian

RBC Investor Services Trust (Canada)

Registrar

Royal Bank of Canada

RBC Investor Services Trust (Canada)

RBC Global Asset Management Inc.

Distributor

Royal Mutual Funds Inc.

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 1.68%
Management Fee 1.50%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 0.75%
Trailer Fee Max (LL) -

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