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RBC $U.S. Strategic Income Bond Fund Series A

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Multi-Sector Fixed Income

NAVPS
(10-30-2024) 		$7.82
Change
$0.01 (0.09%)

As at September 30, 2024

As at August 31, 2024

Period
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Legend

RBC $U.S. Strategic Income Bond Fund Series A

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Fund Returns

Inception Return (January 29, 2018): 1.83%

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 1.53% 4.95% 5.20% 5.98% 13.84% 10.75% -0.26% 0.92% 1.49% 2.46% - - - -
Benchmark 1.73% 6.60% 6.15% 5.05% 13.81% 9.38% -1.92% -1.17% 0.30% 1.53% 1.17% 1.26% 2.13% 1.60%
Category Average 1.23% 4.12% 4.41% 5.00% 11.20% - - - - - - - - -
Category Rank - - - - - - - - - - - - - -
Quartile Ranking - - - - - - - - - - - - - -

Monthly Return

Monthly Return
Return % Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
Fund -1.35% 4.95% 3.75% -0.47% 0.00% 1.21% -1.64% 1.57% 0.33% 1.70% 1.64% 1.53%
Benchmark -1.25% 5.27% 4.22% -0.85% -1.08% 0.90% -2.26% 0.64% 1.24% 2.58% 2.16% 1.73%

Best Monthly Return Since Inception

5.27% (November 2022)

Worst Monthly Return Since Inception

-9.90% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - 10.96% 7.76% -1.79% -13.67% 9.31%
Benchmark 1.83% -3.16% 4.92% 8.35% -2.30% 9.55% 9.27% -3.49% -16.35% 8.15%
Category Average - - - - - - - - - -
Quartile Ranking - - - - - - - - - -
Category Rank - - - - - - - - - -

Best Calendar Return (Last 10 years)

10.96% (2019)

Worst Calendar Return (Last 10 years)

-13.67% (2022)

Asset Allocation

Asset Allocation
Name Percent
Foreign Corporate Bonds 49.46
Foreign Government Bonds 29.60
Cash and Equivalents 17.10
Canadian Corporate Bonds 2.82
US Equity 0.70
Other 0.32

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 82.13
Cash and Cash Equivalent 17.10
Financial Services 0.70
Exchange Traded Fund 0.02
Other 0.05

Geographic Allocation

Geographic Allocation
Name Percent
North America 70.47
Latin America 10.33
Africa and Middle East 7.97
Europe 6.39
Asia 4.07
Other 0.77

Top Holdings

Top Holdings
Name Percent
RBC Emerging Markets Bond Fund Series O 24.84
RBC $U.S. Investment Grade Corporate Bond Fund O 23.83
RBC $U.S. High Yield Bond Fund Series O 19.49
BlueBay Emerging Markets Corporate Bond Fd O 10.00
RBC Emerging Markets Foreign Exchange Fund O 9.99
BlueBay $U.S. Global High Yield Bond Fund (Cda) O 9.98
Bank of Nova Scotia UTD 5.400% Jul 02, 2024 0.97
RBC $U.S. Global Bond Fund O 0.50
US Dollar 0.36
Canadian Dollar 0.02

Equity Style

Equity style data not available

Fixed Income Style

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

Risk vs Return (3 Yr)

RBC $U.S. Strategic Income Bond Fund Series A

Median

Other - Multi-Sector Fixed Income

3 Yr Annualized

Standard Deviation 8.81% 9.01% -
Beta 0.80% 0.66% -
Alpha 0.00% 0.01% -
Rsquared 0.41% 0.22% -
Sharpe -0.37% -0.04% -
Sortino -0.43% -0.16% -
Treynor -0.04% -0.01% -
Tax Efficiency - - -
Volatility Volatility rating is 4 on a scale of 1 to 10 Volatility rating is 3 on a scale of 1 to 10 -

Risk Rating

Rating 4 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 6.66% 8.81% 9.01% -
Beta 0.83% 0.80% 0.66% -
Alpha 0.02% 0.00% 0.01% -
Rsquared 0.29% 0.41% 0.22% -
Sharpe 1.28% -0.37% -0.04% -
Sortino 3.95% -0.43% -0.16% -
Treynor 0.10% -0.04% -0.01% -
Tax Efficiency 81.90% - - -

Fund Details

Start Date January 29, 2018
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency USD
Distribution Frequency Monthly
Assets ($mil) $78

Fund Codes

FundServ Code Load Code Sales Status
RBF442

Investment Objectives

> To provide regular monthly income with a potential for modest capital appreciation. The fund invests primarily in units of other mutual funds managed by RBC GAM or an affiliate of RBC GAM (called the underlying funds), emphasizing mutual funds that invest in higher yielding fixed-income securities. We will not change the fundamental investment objectives of the fund unless we have the consent of a majority of the voting unitholders of the fund to do so.

Investment Strategy

It is expected that the fund will invest up to 100% of its net assets in units of the underlying funds managed by RBC GAM or an affiliate of RBC GAM.

Portfolio Manager(s)

Name Start Date
Dagmara Fijalkowsk 01-29-2018
Sarah Riopelle 01-29-2018

Management and Organization

Fund Manager RBC Global Asset Management Inc.
Advisor RBC Global Asset Management Inc.
Custodian RBC Investor Services Trust
Registrar RBC Investor Services Trust
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 -
SWP Min Withdrawal -

Fees

MER 1.73%
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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