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Alternative Credit Focus
Click for more information on Fundata’s FundGrade.
NAVPS (06-13-2025) |
$9.17 |
---|---|
Change |
$0.00
(0.04%)
|
As at May 31, 2025
As at April 30, 2025
Inception Return (October 28, 2020): 3.16%
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 | 0.24% | -0.96% | 0.41% | -0.23% | 1.56% | 3.88% | 3.62% | 2.58% | - | - | - | - | - | - |
Benchmark | 0.08% | -0.97% | 0.76% | 1.28% | 8.93% | 4.72% | 3.34% | 0.32% | -0.12% | 1.00% | 1.83% | 1.49% | 1.65% | 1.76% |
Category Average | 0.97% | 0.24% | 1.67% | 1.45% | 6.73% | 7.04% | 5.38% | 3.12% | 4.86% | 4.06% | - | - | - | - |
Category Rank | 120 / 137 | 115 / 135 | 109 / 134 | 118 / 135 | 121 / 122 | 102 / 109 | 74 / 94 | 41 / 70 | - | - | - | - | - | - |
Quartile Ranking | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | - | - | - | - | - | - |
Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Fund | -0.15% | 0.51% | -0.15% | 0.19% | 0.46% | 0.28% | 0.64% | 0.65% | 0.09% | -0.13% | -1.06% | 0.24% |
Benchmark | 2.98% | 2.14% | 0.52% | 1.82% | -1.07% | 1.51% | -0.52% | 1.13% | 1.14% | -0.29% | -0.77% | 0.08% |
2.58% (November 2020)
-1.76% (June 2022)
Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|---|---|---|---|---|
Fund | - | - | - | - | - | - | -0.44% | 3.36% | 3.52% | 4.80% |
Benchmark | 3.57% | 1.54% | 2.70% | 1.29% | 6.97% | 8.61% | -2.71% | -11.46% | 6.38% | 4.10% |
Category Average | - | - | - | - | - | 7.20% | 3.25% | -4.07% | 7.22% | 7.97% |
Quartile Ranking | - | - | - | - | - | - | 4 | 1 | 4 | 4 |
Category Rank | - | - | - | - | - | - | 64/ 67 | 9/ 90 | 105/ 108 | 96/ 113 |
4.80% (2024)
-0.44% (2021)
Name | Percent |
---|---|
Foreign Corporate Bonds | 45.67 |
Foreign Government Bonds | 31.84 |
Cash and Equivalents | 23.56 |
Canadian Corporate Bonds | 0.73 |
Derivatives | -1.78 |
Other | -0.02 |
Name | Percent |
---|---|
Fixed Income | 78.22 |
Cash and Cash Equivalent | 23.56 |
Other | -1.78 |
Name | Percent |
---|---|
Europe | 52.93 |
North America | 21.23 |
Latin America | 7.82 |
Asia | 5.51 |
Multi-National | 1.32 |
Other | 11.19 |
Name | Percent |
---|---|
Canada Government 3.75% 01-May-2025 | 9.17 |
MARGIN CASH - CAD - MS OTC CLEARED | 5.66 |
Mexico Government 5.50% 04-Mar-2027 | 5.65 |
MARGIN CASH - CAD - HSBC NON CLEARED COLL | 5.02 |
United Kingdom Government 4.38% 31-Jul-2054 | 4.76 |
Japan Government 2.20% 20-Jun-2054 | 2.62 |
Canadian Dollar | 2.21 |
MARGIN CASH - EUR - MS OTC CLEARED | 2.11 |
US Dollar | 1.95 |
Japan Government 0.50% 20-Mar-2060 | 1.77 |
BlueBay Global Alternative Bond Fund (Canada) Series A
Median
Other - Alternative Credit Focus
Standard Deviation | 2.64% | - | - |
---|---|---|---|
Beta | -0.04% | - | - |
Alpha | 0.04% | - | - |
Rsquared | 0.01% | - | - |
Sharpe | -0.14% | - | - |
Sortino | 0.32% | - | - |
Treynor | 0.09% | - | - |
Tax Efficiency | 51.95% | - | - |
Volatility |
|
- | - |
Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
---|---|---|---|---|
Standard Deviation | 1.64% | 2.64% | - | - |
Beta | 0.06% | -0.04% | - | - |
Alpha | 0.01% | 0.04% | - | - |
Rsquared | 0.03% | 0.01% | - | - |
Sharpe | -1.20% | -0.14% | - | - |
Sortino | -0.97% | 0.32% | - | - |
Treynor | -0.32% | 0.09% | - | - |
Tax Efficiency | 59.74% | 51.95% | - | - |
Start Date | October 28, 2020 |
---|---|
Instrument Type | Mutual Fund (Alternative) |
Share Class | Commission Based Advice |
Legal Status | - |
Sales Status | Open |
Currency | CAD |
Distribution Frequency | Quarterly |
Assets ($mil) | $1,697 |
FundServ Code | Load Code | Sales Status |
---|---|---|
RBF9908 |
> To provide total returns comprised of interest income and modest capital appreciation. The fund invests primarily in long and short positions of investment grade fixed-income securities issued by sovereign governments and entities, and corporations from anywhere around the world. It may also invest in high-yield debt securities and emerging-market sovereign and corporate bonds globally. The fund may engage in short sales, borrowing and/or derivatives for investment purposes. We will not change
To achieve the fund’s objectives, the portfolio manager: invests primarily in investment grade fixed-income securities rated BBB(-) and above by Standard & Poor’s (or equivalent rating agency) and across global interest rates, sovereign and non-sovereign credit, currencies, cash and derivatives; may seek to generate performance in all environments by investing in long and short positions.
Portfolio Manager |
RBC Global Asset Management Inc.
|
---|---|
Sub-Advisor |
RBC Global Asset Management (U.S.) Inc. RBC Global Asset Management (UK) Limited |
Fund Manager |
RBC Global Asset Management Inc. |
---|---|
Custodian |
RBC Investor Services Trust (Canada) |
Registrar |
Royal Bank of Canada RBC Global Asset Management Inc. RBC Investor Services Trust (Canada) |
Distributor |
Royal Mutual Funds Inc. |
RSP Eligible | Yes |
---|---|
PAC Allowed | No |
PAC Initial Investment | - |
PAC Subsequent | - |
SWP Allowed | No |
SWP Min Balance | - |
SWP Min Withdrawal | - |
MER | 1.70% |
---|---|
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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