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RBC Canadian Money Market Fund Series A

Canadian Money Market

NAVPS
(07-19-2024)
$10.00
Change
$0.00 (0.01%)

As at June 30, 2024

As at May 31, 2024

Period
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Legend

RBC Canadian Money Market Fund Series A

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Fund Returns

Inception Return (December 01, 1986): 3.31%

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 0.37% 1.18% 2.40% 2.40% 4.89% 4.34% 2.99% 2.26% 2.03% 1.93% 1.76% 1.59% 1.44% 1.35%
Benchmark 0.39% 1.20% 2.43% 2.43% 4.97% 4.39% 3.05% 2.31% 2.11% 2.02% 1.87% 1.70% 1.56% 1.49%
Category Average 0.32% 2.14% 2.14% 2.14% 4.33% 3.69% 2.42% 1.81% 1.63% 1.54% 1.39% 1.24% 1.12% 1.02%
Category Rank 77 / 257 103 / 257 100 / 254 100 / 254 86 / 246 68 / 227 60 / 220 59 / 212 54 / 205 58 / 197 57 / 183 53 / 173 52 / 169 51 / 163
Quartile Ranking 2 2 2 2 2 2 2 2 2 2 2 2 2 2

Monthly Return

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

Best Monthly Return Since Inception

1.10% (December 1989)

Worst Monthly Return Since Inception

0.01% (December 2009)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 0.63% 0.38% 0.32% 0.48% 1.15% 1.38% 0.54% 0.10% 1.79% 4.75%
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 2 2 2 2 2 2 2 2 2 2
Category Rank 70/ 159 72/ 165 68/ 170 78/ 178 84/ 185 100/ 201 83/ 207 85/ 220 57/ 224 70/ 233

Best Calendar Return (Last 10 years)

4.75% (2023)

Worst Calendar Return (Last 10 years)

0.10% (2021)

Asset Allocation

Asset Allocation
Name Percent
Cash and Equivalents 100.00

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
Banner Trust May 27, 2024 2.04
King Street Funding Trust Apr 25, 2024 2.03
Fusion Trust Jun 17, 2024 1.77
Bank of Nova Scotia 24-Mar-2025 1.68
Merit Trust May 27, 2024 1.67
Canadian Imperial Bank Commrce 5.27% 27-Mar-2025 1.53
SURE Trust Apr 15, 2024 1.51
Inter Pipeline Corridor Inc Apr 12, 2024 1.36
Enbridge Gas Inc Apr 10, 2024 1.32
STABLE Trust May 14, 2024 1.32

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

RBC Canadian Money Market Fund Series A

Median

Other - Canadian Money Market

3 Yr Annualized

Standard Deviation 0.58% 0.57% 0.45%
Beta - - -
Alpha - - -
Rsquared - - -
Sharpe - - -
Sortino -0.11% -1.73% -2.64%
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 0.05% 0.58% 0.57% 0.45%
Beta - - - -
Alpha - - - -
Rsquared - - - -
Sharpe - - - -
Sortino - -0.11% -1.73% -2.64%
Treynor - - - -
Tax Efficiency - - - -

Fund Details

Start Date December 01, 1986
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $4,634

Fund Codes

FundServ Code Load Code Sales Status
RBF271

Investment Objectives

To provide current income and liquidity consistent with short-term money market rates. To preserve the value of your investment. The fund invests primarily in high-quality, short-term (one year or less) debt securities, including treasury bills and promissory notes issued or guaranteed by Canadian governments or their agencies, bankers acceptances, asset-backed commercial paper and commercial paper issued by Canadian chartered banks, loan companies, trust companies and corporations.

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; for the portion invested in corporate money market securities, invests only in securities rated R-1 or higher by DBRS Ltd. or the equivalent rating as defined by other recognized rating agencies.

Portfolio Manager(s)

Name Start Date
Walter Posiewko 07-19-2000

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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