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RBC Canadian T-Bill Fund Series A

Canadian Money Market

NAVPS
(04-18-2024)
$10.00
Change
$0.00 (0.01%)

As at March 31, 2024

As at December 31, 2023

Period
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Legend

RBC Canadian T-Bill Fund Series A

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Fund Returns

Inception Return (January 25, 1991): 2.42%

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 0.36% 1.16% 2.33% 1.16% 4.57% 3.56% 2.41% 1.86% 1.75% 1.66% 1.50% 1.33% 1.21% 1.13%
Benchmark 0.40% 1.21% 2.46% 1.21% 4.85% 3.91% 2.64% 2.02% 1.95% 1.87% 1.72% 1.56% 1.45% 1.39%
Category Average 0.33% 2.23% 2.23% 1.06% 4.22% 3.17% 2.06% 1.59% 1.48% 1.39% 1.25% 1.11% 1.01% 0.93%
Category Rank 139 / 235 122 / 233 133 / 232 122 / 233 117 / 219 107 / 207 93 / 200 79 / 190 74 / 174 69 / 159 69 / 154 69 / 151 66 / 145 62 / 139
Quartile Ranking 3 3 3 3 3 3 2 2 2 2 2 2 2 2

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 0.34% 0.35% 0.35% 0.37% 0.38% 0.38% 0.40% 0.39% 0.37% 0.42% 0.37% 0.36%
Benchmark 0.35% 0.36% 0.37% 0.40% 0.41% 0.41% 0.41% 0.41% 0.41% 0.40% 0.40% 0.40%

Best Monthly Return Since Inception

0.80% (March 1991)

Worst Monthly Return Since Inception

0.00% (December 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 0.50% 0.24% 0.20% 0.36% 1.07% 1.35% 0.53% 0.10% 1.59% 4.42%
Benchmark 0.91% 0.55% 0.50% 0.65% 1.34% 1.66% 0.56% 0.11% 1.95% 4.71%
Category Average 0.30% 0.02% 0.24% 0.35% 0.69% 1.20% 0.45% -0.11% 1.13% 4.06%
Quartile Ranking 3 3 3 3 3 3 2 2 2 3
Category Rank 75/ 139 86/ 144 88/ 148 89/ 154 87/ 158 95/ 174 82/ 187 75/ 200 89/ 204 115/ 211

Best Calendar Return (Last 10 years)

4.42% (2023)

Worst Calendar Return (Last 10 years)

0.10% (2021)

Asset Allocation

Asset Allocation
Name Percent
Cash and Equivalents 100.01
Other -0.01

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
Quebec Province 0.00% 12-Jan-2024 4.99
Ontario Province 0.00% 24-Apr-2024 4.60
Province of Alberta Canada Jan 02, 2024 4.17
Ontario Province 0.00% 07-Feb-2024 3.75
Quebec Province 0.00% 10-May-2024 3.56
Province of Manitoba Canada Feb 28, 2024 2.87
Province of Saskatchewan Canada Mar 12, 2024 2.87
Province of New Brunswick Canada Feb 08, 2024 2.63
Province of Quebec Canada Jul 26, 2024 2.57
Province of Manitoba Canada Mar 06, 2024 2.22

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

RBC Canadian T-Bill Fund Series A

Median

Other - Canadian Money Market

3 Yr Annualized

Standard Deviation 0.57% 0.50% 0.40%
Beta - - -
Alpha - - -
Rsquared - - -
Sharpe - - -
Sortino -1.19% -2.17% -2.85%
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 0.08% 0.57% 0.50% 0.40%
Beta - - - -
Alpha - - - -
Rsquared - - - -
Sharpe - - - -
Sortino - -1.19% -2.17% -2.85%
Treynor - - - -
Tax Efficiency - - - -

Fund Details

Start Date January 25, 1991
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $278

Fund Codes

FundServ Code Load Code Sales Status
RBF262

Investment Objectives

The objectives of the fund are the following: to preserve the value of your investment; to provide current income and liquidity consistent with short-term money market rates. The fund invests in high-quality, short-term (one year or less) debt securities, such as Canadian federal government treasury bills, federal government-guaranteed notes, provincial government treasury bills and promissory notes.

Investment Strategy

To achieve the fund’s objectives, the portfolio manager: strives to maintain a constant $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; may invest no more than 5% of the fund’s assets in foreign currency denominated securities.

Portfolio Manager(s)

Name Start Date
Walter Posiewko 01-25-1991

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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