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Cdn Short Term Fixed Inc
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|
NAVPS (11-22-2024) |
$10.40 |
|---|---|
| Change |
$0.01
(0.06%)
|
As at October 31, 2024
As at September 30, 2024
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Inception Return (January 27, 1992): 3.42%
| 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% | 1.37% | 4.41% | 4.27% | 7.80% | 4.96% | 1.50% | 0.63% | 1.35% | 1.75% | 1.38% | 1.09% | 1.13% | 1.16% |
| Benchmark | -0.30% | 1.59% | 4.68% | 4.73% | 8.05% | 5.17% | 1.98% | 1.23% | 1.90% | 2.33% | 2.02% | 1.77% | 1.79% | 1.87% |
| Category Average | -0.28% | 1.36% | 4.16% | 4.34% | 7.89% | 5.02% | 1.58% | 1.13% | 1.59% | 1.92% | 1.61% | 1.41% | 1.41% | 1.34% |
| Category Rank | 281 / 327 | 237 / 321 | 163 / 312 | 216 / 280 | 177 / 278 | 182 / 261 | 186 / 248 | 196 / 234 | 181 / 229 | 163 / 215 | 163 / 202 | 153 / 184 | 149 / 179 | 127 / 162 |
| Quartile Ranking | 4 | 3 | 3 | 4 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Return % | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.78% | 1.57% | -0.16% | 0.05% | 0.44% | -0.45% | 0.83% | 0.68% | 1.46% | 0.43% | 1.30% | -0.36% |
| Benchmark | 1.67% | 1.48% | -0.13% | 0.05% | 0.53% | -0.40% | 0.86% | 0.79% | 1.36% | 0.63% | 1.26% | -0.30% |
3.21% (November 1993)
-3.00% (March 1994)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.09% | 1.38% | 0.31% | -0.62% | 0.80% | 2.37% | 4.99% | -1.97% | -4.77% | 4.84% |
| Benchmark | 3.01% | 2.56% | 0.90% | 0.27% | 1.89% | 2.98% | 5.17% | -0.92% | -3.98% | 4.92% |
| Category Average | 1.73% | 0.55% | 0.85% | 0.42% | 0.53% | 2.93% | 4.36% | -0.83% | -4.45% | 4.84% |
| Quartile Ranking | 3 | 3 | 4 | 4 | 3 | 4 | 2 | 4 | 3 | 3 |
| Category Rank | 94/ 145 | 92/ 166 | 147/ 179 | 158/ 184 | 133/ 204 | 173/ 219 | 103/ 229 | 227/ 235 | 168/ 249 | 152/ 261 |
4.99% (2020)
-4.77% (2022)
| Name | Percent |
|---|---|
| Canadian Corporate Bonds | 48.89 |
| Canadian Government Bonds | 41.33 |
| Cash and Equivalents | 8.66 |
| Mortgages | 0.61 |
| Canadian Bonds - Other | 0.52 |
| Other | -0.01 |
| Name | Percent |
|---|---|
| Fixed Income | 91.35 |
| Cash and Cash Equivalent | 8.65 |
| Name | Percent |
|---|---|
| North America | 100.00 |
| Name | Percent |
|---|---|
| Canada Government 3.50% 01-Mar-2028 | 3.06 |
| Canada Government 3.25% 01-Sep-2028 | 3.03 |
| Canada Government 1.25% 01-Mar-2027 | 2.65 |
| Ontario Province 2.60% 02-Jun-2027 | 2.62 |
| Canada Government 3.50% 01-Sep-2029 | 2.08 |
| Ontario Province 2.40% 02-Jun-2026 | 1.98 |
| Quebec Province 2.50% 01-Sep-2026 | 1.86 |
| Canada Government 2.75% 01-Sep-2027 | 1.72 |
| Canada Government 4.00% 01-Mar-2029 | 1.60 |
| Ontario Province 1.05% 08-Sep-2027 | 1.60 |
RBC Canadian Short-Term Income Fund Series A
Median
Other - Cdn Short Term Fixed Inc
| Standard Deviation | 3.02% | 2.67% | 2.13% |
|---|---|---|---|
| Beta | 1.05% | 1.08% | 1.05% |
| Alpha | -0.01% | -0.01% | -0.01% |
| Rsquared | 0.98% | 0.97% | 0.97% |
| Sharpe | -0.64% | -0.33% | -0.19% |
| Sortino | -0.62% | -0.77% | -1.04% |
| Treynor | -0.02% | -0.01% | 0.00% |
| Tax Efficiency | 52.49% | 54.33% | 48.75% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 2.68% | 3.02% | 2.67% | 2.13% |
| Beta | 1.07% | 1.05% | 1.08% | 1.05% |
| Alpha | -0.01% | -0.01% | -0.01% | -0.01% |
| Rsquared | 0.99% | 0.98% | 0.97% | 0.97% |
| Sharpe | 1.10% | -0.64% | -0.33% | -0.19% |
| Sortino | 4.42% | -0.62% | -0.77% | -1.04% |
| Treynor | 0.03% | -0.02% | -0.01% | 0.00% |
| Tax Efficiency | 88.52% | 52.49% | 54.33% | 48.75% |
| Start Date | January 27, 1992 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $7,082 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| RBF264 |
The objective of the fund is to provide a competitive level of monthly income by investing in short-term fixed-income assets. The fund invests primarily in short-term, high-quality fixed-income securities issued or guaranteed by Canadian federal, provincial or municipal governments and corporations, asset-backed securities and corporate bonds.
To achieve the fund’s objectives, the portfolio manager: selects maturities based on both economic fundamentals and capital market developments; invests the portion of the fund allocated to corporate bonds in securities with an average rating of A or higher by DBRS Ltd. or the equivalent rating as defined by other recognized rating agencies.
| Name | Start Date |
|---|---|
| Walter Posiewko | 07-19-2000 |
| 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 | 1.04% |
|---|---|
| Management Fee | 0.90% |
| 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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