Fund Library Home Page
Sign In Français

  • My Watchlist is is a members only feature. Sign in or Sign up for free access to the watchlist feature.

Try Fund Library Premium

For Free with a 30 day trial!

Gain access to

  • Unlimited Watchlists
  • Advanced Search Filtering
  • Fund Comparisons
  • Portfolio Scenarios
  • Customizable PDF Reports
Sign up Now More Info

RBC North American Value Fund Series A

  • Premium Feature Only
Add to My Watchlist

Canadian Focused Equity

FundGrade A Click for more information on Fundata’s FundGrade

FundGrade A

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeC Click for more information on Fundata’s ESG Grade

Fundata ESG Grade C

Click for more information on Fundata’s ESG Grade.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2024, 2023, 2022, 2018, 2017

Click for more information on Fundata’s FundGrade

NAVPS
(05-26-2025) 		$37.69
Change
$0.32 (0.85%)

As at April 30, 2025

As at March 31, 2025

As at April 30, 2025

Period
Created with Highcharts 10.3.3Jan 1999Jan 2001Jan 2003Jan 2005Jan 2007Jan 2009Jan 2011Jan 2013Jan 2015Jan 2017Jan 2019Jan 2021Jan 2023Jan 2025Jul 2022Oct 2022Apr 2023Jul 2023Oct 2023Jan 2024Apr 2024Jul 2024Oct 2024Apr 2025Jan 2001Jan 2005Jan 2009Jan 2013Jan 2017Jan 2021$10,000$110,000-$15,000$35,000$60,000$85,000$8,000$9,000$11,000$12,000$13,000$14,000Period

Legend

RBC North American Value Fund Series A

Compare Options

Fund Returns

Inception Return (April 20, 1998): 8.18%

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 -1.66% -3.98% 1.83% -1.21% 13.23% 13.40% 9.56% 10.51% 15.19% 10.85% 10.18% 9.35% 10.05% 8.78%
Benchmark -1.16% -4.29% 2.54% -0.84% 15.15% 13.27% 10.04% 9.01% 13.15% 9.60% 9.47% 8.77% 9.73% 8.20%
Category Average -1.25% -5.20% 1.07% -1.83% 11.14% 11.10% 8.82% 7.51% 12.10% 8.69% 8.20% 7.48% 8.25% 6.77%
Category Rank 359 / 576 176 / 576 233 / 576 205 / 576 187 / 572 163 / 567 265 / 556 94 / 545 116 / 531 157 / 528 154 / 487 157 / 450 131 / 413 138 / 385
Quartile Ranking 3 2 2 2 2 2 2 1 1 2 2 2 2 2

Monthly Return

Created with Highcharts 10.3.3-4%-2%0%2%4%6%8%
Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund 3.08% -0.51% 4.79% 0.61% 2.60% 0.25% 5.81% -2.59% 2.88% -0.23% -2.13% -1.66%
Benchmark 2.82% -0.17% 4.75% 0.75% 2.88% 0.77% 5.65% -2.12% 3.61% -0.67% -2.52% -1.16%

Best Monthly Return Since Inception

11.28% (November 2020)

Worst Monthly Return Since Inception

-16.46% (August 1998)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%30%40%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund -0.29% 12.61% 11.18% -8.96% 19.19% 5.00% 29.50% -5.01% 15.12% 20.44%
Benchmark -0.77% 14.44% 10.80% -7.14% 21.45% 7.58% 21.76% -8.87% 13.60% 22.75%
Category Average -2.47% 11.42% 8.06% -8.78% 18.54% 7.73% 22.26% -9.42% 13.34% 19.16%
Quartile Ranking 3 3 2 3 3 3 1 2 2 2
Category Rank 214/ 376 272/ 409 146/ 432 312/ 482 318/ 517 345/ 531 32/ 539 156/ 552 218/ 563 282/ 570

Best Calendar Return (Last 10 years)

29.50% (2021)

Worst Calendar Return (Last 10 years)

-8.96% (2018)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 55.31
US Equity 31.11
Cash and Equivalents 10.54
Income Trust Units 2.46
International Equity 0.59
Other -0.01

Sector Allocation

Sector Allocation
Name Percent
Financial Services 30.95
Energy 12.43
Technology 11.15
Cash and Cash Equivalent 10.54
Basic Materials 8.06
Other 26.87

Geographic Allocation

Geographic Allocation
Name Percent
North America 98.93
Latin America 0.51
Europe 0.29
Africa and Middle East 0.27
Asia 0.01
Other -0.01

Top Holdings

Top Holdings
Name Percent
Toronto-Dominion Bank 4.05
Royal Bank of Canada 3.84
Power Corp of Canada 2.44
Berkshire Hathaway Inc Cl B 2.29
Brookfield Corp Cl A 2.24
iShares S&P/TSX Global Gold Index ETF (XGD) 2.17
Microsoft Corp 2.16
Manulife Financial Corp 2.16
TC Energy Corp 1.85
Imperial Oil Ltd 1.73

Equity Style

Market capitalization is large. Equity style is growth.

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 Return7891011121314151617181920-5%0%5%10%15%20%

RBC North American Value Fund Series A

Median

Other - Canadian Focused Equity

3 Yr Annualized

Standard Deviation 12.74% 12.25% 12.13%
Beta 0.99% 1.00% 1.00%
Alpha 0.00% 0.02% 0.01%
Rsquared 0.98% 0.95% 0.96%
Sharpe 0.47% 1.02% 0.62%
Sortino 0.88% 1.77% 0.75%
Treynor 0.06% 0.13% 0.08%
Tax Efficiency 88.67% 91.27% 88.88%
Volatility Volatility rating is 6 on a scale of 1 to 10 Volatility rating is 7 on a scale of 1 to 10 Volatility rating is 6 on a scale of 1 to 10

Risk Rating

Rating 6 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 9.46% 12.74% 12.25% 12.13%
Beta 1.00% 0.99% 1.00% 1.00%
Alpha -0.02% 0.00% 0.02% 0.01%
Rsquared 0.98% 0.98% 0.95% 0.96%
Sharpe 0.97% 0.47% 1.02% 0.62%
Sortino 2.32% 0.88% 1.77% 0.75%
Treynor 0.09% 0.06% 0.13% 0.08%
Tax Efficiency 88.52% 88.67% 91.27% 88.88%

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A60.8​60.848.5​48.50%10%20%30%40%50%60%70%80%90%100%

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A67.9​67.951.7​51.70%10%20%30%40%50%60%70%80%90%100%

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A61.4​61.444.7​44.70%10%20%30%40%50%60%70%80%90%100%

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A46.3​46.344.8​44.80%10%20%30%40%50%60%70%80%90%100%

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

View the full methodology

Fund Details

Start Date April 20, 1998
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $7,039

Fund Codes

FundServ Code Load Code Sales Status
RBF554

Investment Objectives

The objective of the fund is to provide long-term capital growth. The fund invests primarily in equity securities of Canadian and/or U.S. companies priced below their true value and offering long-term opportunities for growth.

Investment Strategy

The fund’s investment process is primarily based on fundamental research, although the portfolio manager will also consider quantitative and technical factors. Stock selection decisions are ultimately based on an understanding of the company, its business and its outlook.

Portfolio Management

Portfolio Manager

RBC Global Asset Management Inc.

  • Doug Raymond
  • Stuart Kedwell
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 1.89%
Management Fee 1.60%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 1.00%
Trailer Fee Max (LL) -

Try Fund Library Premium

For Free with a 30 day trial!

Gain access to

  • Unlimited Watchlists
  • Advanced Search Filtering
  • Fund Comparisons
  • Portfolio Scenarios
  • Customizable PDF Reports
Sign up Now More Info