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Canadian Neutral Balanced
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2012
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|
NAVPS (07-25-2024) |
$15.00 |
|---|---|
| Change |
$0.01
(0.06%)
|
As at June 30, 2024
As at May 31, 2024
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Inception Return (August 18, 1997): 6.22%
| 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 | 0.11% | 0.36% | 2.91% | 2.91% | 7.72% | 6.35% | 2.41% | 5.22% | 4.33% | 4.57% | 4.43% | 4.71% | 4.48% | 4.26% |
| Benchmark | 0.56% | 0.18% | 3.20% | 3.20% | 8.38% | 7.73% | 2.57% | 5.85% | 5.21% | 5.29% | 5.40% | 5.47% | 5.12% | 4.83% |
| Category Average | 0.32% | 4.15% | 4.15% | 4.15% | 8.52% | 7.52% | 2.16% | 5.40% | 4.41% | 4.27% | 4.22% | 4.46% | 4.02% | 4.00% |
| Category Rank | 296 / 453 | 285 / 453 | 426 / 447 | 426 / 447 | 359 / 444 | 350 / 423 | 265 / 402 | 300 / 382 | 274 / 372 | 220 / 365 | 211 / 354 | 221 / 340 | 174 / 315 | 183 / 290 |
| Quartile Ranking | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 4 | 3 | 3 | 3 | 3 | 3 | 3 |
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.36% | -0.89% | -2.70% | -1.12% | 5.40% | 3.76% | -0.32% | 1.08% | 1.77% | -2.16% | 2.47% | 0.11% |
| Benchmark | 0.93% | -0.84% | -3.01% | -1.57% | 6.01% | 3.69% | -0.31% | 0.82% | 2.49% | -1.88% | 1.52% | 0.56% |
5.93% (November 2020)
-8.46% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 8.97% | -3.35% | 11.66% | 5.30% | -3.20% | 12.54% | 5.33% | 11.83% | -7.86% | 7.79% |
| Benchmark | 9.98% | -3.02% | 11.97% | 6.22% | -4.30% | 15.62% | 7.61% | 11.90% | -8.20% | 9.43% |
| Category Average | 7.98% | 0.06% | 6.65% | 5.72% | -4.72% | 12.57% | 6.33% | 10.85% | -9.35% | 8.27% |
| Quartile Ranking | 2 | 4 | 1 | 3 | 2 | 3 | 3 | 3 | 2 | 3 |
| Category Rank | 130/ 289 | 251/ 302 | 79/ 334 | 240/ 347 | 116/ 358 | 268/ 368 | 253/ 378 | 226/ 393 | 202/ 413 | 312/ 433 |
12.54% (2019)
-7.86% (2022)
| Name | Percent |
|---|---|
| Canadian Equity | 38.16 |
| Canadian Government Bonds | 28.95 |
| Canadian Corporate Bonds | 20.09 |
| US Equity | 5.95 |
| Cash and Equivalents | 4.76 |
| Other | 2.09 |
| Name | Percent |
|---|---|
| Fixed Income | 49.37 |
| Financial Services | 15.97 |
| Energy | 7.14 |
| Industrial Services | 5.50 |
| Cash and Cash Equivalent | 4.76 |
| Other | 17.26 |
| Name | Percent |
|---|---|
| North America | 99.32 |
| Latin America | 0.67 |
| Europe | 0.19 |
| Other | -0.18 |
| Name | Percent |
|---|---|
| RBC U.S. Dividend Fund Series O | 6.51 |
| Royal Bank of Canada | 2.95 |
| Toronto-Dominion Bank | 2.15 |
| Canadian Pacific Kansas City Ltd | 1.67 |
| Brookfield Corp Cl A | 1.54 |
| Enbridge Inc | 1.52 |
| Canadian National Railway Co | 1.52 |
| Bank of Montreal | 1.49 |
| Canadian Natural Resources Ltd | 1.31 |
| Canada Government 2.00% 01-Dec-2051 | 1.24 |
RBC Monthly Income Fund Series A
Median
Other - Canadian Neutral Balanced
| Standard Deviation | 8.68% | 8.88% | 7.09% |
|---|---|---|---|
| Beta | 0.91% | 0.85% | 0.85% |
| Alpha | 0.00% | 0.00% | 0.00% |
| Rsquared | 0.97% | 0.97% | 0.96% |
| Sharpe | -0.03% | 0.29% | 0.42% |
| Sortino | -0.04% | 0.26% | 0.29% |
| Treynor | 0.00% | 0.03% | 0.03% |
| Tax Efficiency | 30.08% | 64.01% | 64.69% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 8.29% | 8.68% | 8.88% | 7.09% |
| Beta | 0.93% | 0.91% | 0.85% | 0.85% |
| Alpha | 0.00% | 0.00% | 0.00% | 0.00% |
| Rsquared | 0.96% | 0.97% | 0.97% | 0.96% |
| Sharpe | 0.35% | -0.03% | 0.29% | 0.42% |
| Sortino | 1.12% | -0.04% | 0.26% | 0.29% |
| Treynor | 0.03% | 0.00% | 0.03% | 0.03% |
| Tax Efficiency | 80.03% | 30.08% | 64.01% | 64.69% |
| Start Date | August 18, 1997 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $6,033 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| RBF448 |
To provide as high a regular monthly income as possible. To provide relatively tax efficient distributions consisting of dividend income, interest income and capital gains. To provide the potential for modest capital growth. The fund invests primarily in higher yielding Canadian fixed-income securities such as government and corporate bonds, debentures, notes and preferred shares. The fund may also invest in common shares, income trusts and similar high-yielding investments.
The monthly distribution is reviewed and established at the beginning of each calendar year based on the market outlook. The monthly distribution may be adjusted during the year if required, as capital market conditions change.
| Name | Start Date |
|---|---|
| Irene Fernando | 01-01-2007 |
| Suzanne Michele Gaynor | 03-03-2008 |
| Sarah Neilson | 01-01-2016 |
| 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 |
| 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 |
| MER | 1.16% |
|---|---|
| Management Fee | 1.00% |
| 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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