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RBC Indigo Mortgage Fund Investor Series

Cdn Short Term Fixed Inc

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

Click for more information on Fundata’s FundGrade.

NAVPS
(04-16-2024)
$11.38
Change
$0.00 (0.02%)

As at March 31, 2024

As at February 29, 2024

Period
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Legend

RBC Indigo Mortgage Fund Investor Series

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Fund Returns

Inception Return (January 04, 1993): 3.46%

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 0.33% 1.40% 3.37% 1.40% 2.99% 1.63% 0.33% 0.74% 0.93% 0.98% 0.79% 0.89% 0.89% 0.91%
Benchmark 0.53% 0.45% 4.45% 0.45% 3.64% 2.06% 0.29% 0.89% 1.33% 1.66% 1.39% 1.38% 1.34% 1.59%
Category Average 0.47% 4.41% 4.41% 0.55% 3.84% 1.74% 0.16% 1.11% 1.09% 1.28% 1.05% 1.06% 0.92% 1.04%
Category Rank 296 / 322 37 / 289 245 / 287 37 / 289 238 / 272 193 / 262 122 / 245 174 / 236 161 / 227 171 / 211 152 / 196 136 / 183 118 / 171 114 / 155
Quartile Ranking 4 1 4 1 4 3 2 3 3 4 4 3 3 3

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 0.07% -0.26% -0.52% 0.07% 0.08% 0.19% 0.16% 0.55% 1.21% 0.80% 0.27% 0.33%
Benchmark 0.41% -0.84% -0.32% -0.08% 0.39% -0.32% 0.78% 1.67% 1.48% -0.13% 0.05% 0.53%

Best Monthly Return Since Inception

3.62% (November 1993)

Worst Monthly Return Since Inception

-1.74% (March 1994)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 1.18% 1.13% 1.67% -0.40% 0.34% 2.19% 2.83% -1.15% -2.37% 2.88%
Benchmark 3.01% 2.56% 0.90% 0.27% 1.89% 2.98% 5.17% -0.92% -3.98% 4.92%
Category Average 1.73% 0.55% 0.85% 0.42% 0.53% 2.93% 4.36% -0.83% -4.45% 4.84%
Quartile Ranking 4 3 2 4 4 4 4 3 1 4
Category Rank 133/ 146 100/ 167 62/ 180 149/ 188 176/ 208 185/ 225 201/ 235 157/ 241 39/ 255 264/ 269

Best Calendar Return (Last 10 years)

2.88% (2023)

Worst Calendar Return (Last 10 years)

-2.37% (2022)

Asset Allocation

Asset Allocation
Name Percent
Mortgages 81.31
Cash and Equivalents 10.43
Canadian Government Bonds 3.59
Canadian Corporate Bonds 3.41
Canadian Bonds - Other 1.26

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 89.57
Cash and Cash Equivalent 10.43

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
HSBC Mortgage Consolidation 82.49
Canada Housing Trust No 1 1.10% 15-Mar-2031 3.59
Canada Government 0.00% 06-Jun-2024 2.67
Canada Government 0.00% 15-Aug-2024 1.54
Canada Government 0.00% 01-Aug-2024 1.24
RY 4.95 03/01/24 PPGGCSBX MMkt 4.95% 01-Mar-2024 1.11
NACN 4.95 03/01/24 PPGL2TFL MMkt 4.95% 01-Mar-2024 0.99
Canada Government 0.00% 05-Dec-2024 0.90
Canadian Mortgage Pools 3.80% 01-Dec-2028 0.89
OMERS Realty Corp 4.96% 10-Feb-2031 0.62

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

RBC Indigo Mortgage Fund Investor Series

Median

Other - Cdn Short Term Fixed Inc

3 Yr Annualized

Standard Deviation 1.70% 1.40% 1.05%
Beta 0.50% 0.47% 0.39%
Alpha 0.00% 0.00% 0.00%
Rsquared 0.61% 0.59% 0.51%
Sharpe -1.34% -0.71% -0.45%
Sortino -1.66% -1.57% -1.94%
Treynor -0.05% -0.02% -0.01%
Tax Efficiency - 53.16% 50.36%
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 1.58% 1.70% 1.40% 1.05%
Beta 0.40% 0.50% 0.47% 0.39%
Alpha 0.02% 0.00% 0.00% 0.00%
Rsquared 0.42% 0.61% 0.59% 0.51%
Sharpe -1.13% -1.34% -0.71% -0.45%
Sortino -0.04% -1.66% -1.57% -1.94%
Treynor -0.04% -0.05% -0.02% -0.01%
Tax Efficiency 73.65% - 53.16% 50.36%

Fund Details

Start Date January 04, 1993
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $2,198

Fund Codes

FundServ Code Load Code Sales Status
HKB498

Investment Objectives

The fundamental investment objective of this Fund is to earn as high a level of income as possible that is consistent with the Fund’s eligible investments while aiming to protect invested capital by investing primarily in residential first mortgages on property in Canada and other debt obligations. We may only change the Fund’s fundamental investment objective with the approval of a majority of the votes cast at a meeting of the investors of the Fund held to consider the change.

Investment Strategy

Subject to the availability of suitable mortgages, the Fund will invest primarily in uninsured Canadian-dollar-denominated mortgages. The Fund may also invest a portion of its assets in other debt obligations such as government bonds, corporate bonds, mortgage-backed securities, debentures and other fixed income securities. The Fund intends to purchase and sell, as principal, mortgages from and to HSBC Bank Canada or our other affiliates.

Portfolio Manager(s)

Name Start Date
RBC Indigo Asset Management Inc. 03-28-2024

Management and Organization

Fund Manager RBC Indigo Asset Management Inc.
Advisor RBC Indigo Asset Management Inc.
Custodian CIBC Mellon Trust Company
Registrar International Financial Data Services (Canada) Ltd
Distributor HSBC Investment Funds (Canada) Inc.
Auditor KPMG LLP, Chartered Accountants

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 500
PAC Subsequent 50
SWP Allowed Yes
SWP Min Balance 10,000
SWP Min Withdrawal 50

Fees

MER 1.60%
Management Fee 1.35%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 0.50%
Trailer Fee Max (LL) -

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