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RBC Canadian T-Bill Fund Series A

Canadian Money Market

NAVPS
(07-23-2025)
$10.00
Change
$0.00 (0.01%)

As at June 30, 2025

As at May 31, 2025

Period
Created with Highcharts 10.3.3Jan 2025Jul 2022Oct 2022Jan 2023Apr 2023Jul 2023Oct 2023Jan 2024Apr 2024Jul 2024Oct 2024Apr 2025Jan 1995Jan 2000Jan 2005Jan 2010Jan 2015Jan 2020Jan 2025J…$10,000$9,500$10,500$11,000$11,500Period

Legend

RBC Canadian T-Bill Fund Series A

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Fund Returns

Inception Return (January 25, 1991): 2.47%

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 0.21% 0.64% 1.39% 1.39% 3.42% 4.03% 3.83% 2.94% 2.36% 2.16% 2.04% 1.87% 1.68% 1.53%
Benchmark 0.22% 0.65% 1.39% 1.39% 3.41% 4.19% 4.06% 3.14% 2.53% 2.32% 2.22% 2.06% 1.89% 1.75%
Category Average 0.19% 0.60% 1.26% 1.26% 3.11% 3.72% 3.50% 2.59% 2.07% 1.88% 1.77% 1.60% 1.45% 1.31%
Category Rank 130 / 275 122 / 274 105 / 270 105 / 270 123 / 262 133 / 250 113 / 227 103 / 221 94 / 213 84 / 199 80 / 191 77 / 177 70 / 167 68 / 163
Quartile Ranking 2 2 2 2 2 3 2 2 2 2 2 2 2 2

Monthly Return

Created with Highcharts 10.3.30%0%0%0%0%
Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 0.38% 0.35% 0.34% 0.33% 0.29% 0.29% 0.28% 0.23% 0.24% 0.22% 0.21% 0.21%
Benchmark 0.38% 0.36% 0.34% 0.33% 0.29% 0.28% 0.26% 0.24% 0.23% 0.22% 0.22% 0.22%

Best Monthly Return Since Inception

0.80% (March 1991)

Worst Monthly Return Since Inception

0.00% (December 2020)

Calendar Return (%)

Created with Highcharts 10.3.30%1%2%3%4%5%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund 0.24% 0.20% 0.36% 1.07% 1.35% 0.53% 0.10% 1.59% 4.42% 4.34%
Benchmark 0.55% 0.50% 0.65% 1.34% 1.66% 0.56% 0.11% 1.95% 4.71% 4.47%
Category Average 0.02% 0.24% 0.35% 0.69% 1.20% 0.45% -0.11% 1.13% 4.06% 4.01%
Quartile Ranking 3 3 3 3 3 2 2 2 3 3
Category Rank 91/ 159 92/ 164 94/ 172 95/ 179 102/ 195 90/ 208 85/ 221 93/ 224 130/ 234 142/ 257

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 98.74
Canadian Government Bonds 1.26

Sector Allocation

Sector Allocation
Name Percent
Cash and Cash Equivalent 98.74
Fixed Income 1.26

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
Province of Alberta Canada Apr 17, 2025 4.31
Province of New Brunswick Canada May 01, 2025 3.56
Province of Nova Scotia Canada Jun 12, 2025 2.71
Province of New Brunswick Canada Apr 03, 2025 2.56
Province of Alberta Canada Apr 15, 2025 2.55
Ontario T-Bill Apr 16, 2025 2.35
Ontario T-Bill Apr 30, 2025 2.22
Province of Alberta Canada Sep 22, 2025 2.17
Province of New Brunswick Canada May 22, 2025 2.05
Province of New Brunswick Canada Apr 24, 2025 2.03

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 Return01234560%1%2%3%4%5%6%

RBC Canadian T-Bill Fund Series A

Median

Other - Canadian Money Market

3 Yr Annualized

Standard Deviation 0.26% 0.55% 0.46%
Beta - - -
Alpha - - -
Rsquared - - -
Sharpe - - -
Sortino 7.53% -1.27% -2.45%
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 0.20% 0.26% 0.55% 0.46%
Beta - - - -
Alpha - - - -
Rsquared - - - -
Sharpe - - - -
Sortino 5.26% 7.53% -1.27% -2.45%
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) $368

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 Management

Portfolio Manager

RBC Global Asset Management Inc.

  • Walter Posiewko
Sub-Advisor

-

Management and Organization

Fund Manager

RBC Global Asset Management Inc.

Custodian

RBC Investor Services Trust (Canada)

Registrar

RBC Global Asset Management Inc.

Royal Bank of Canada

RBC Investor Services Trust (Canada)

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 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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