Try Fund Library Premium
For Free with a 30 day trial!
Cdn Short Term Fixed Inc
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (05-02-2025) |
$10.55 |
|---|---|
| Change |
-$0.02
(-0.15%)
|
As at March 31, 2025
As at February 28, 2025
Inception Return (January 27, 1992): 3.45%
| 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 | 0.24% | 1.44% | 1.94% | 1.44% | 6.34% | 4.91% | 3.27% | 1.37% | 1.65% | 1.67% | 1.78% | 1.41% | 1.31% | 1.20% |
| Benchmark | 0.31% | 1.67% | 2.32% | 1.67% | 7.00% | 5.31% | 3.68% | 1.93% | 2.09% | 2.25% | 2.40% | 2.08% | 1.99% | 1.89% |
| Category Average | 0.20% | 1.34% | 1.85% | 1.34% | 6.01% | 4.91% | 3.14% | 1.59% | 2.07% | 1.89% | 1.94% | 1.66% | 1.60% | 1.42% |
| Category Rank | 171 / 282 | 141 / 281 | 209 / 272 | 141 / 281 | 160 / 257 | 142 / 216 | 144 / 204 | 150 / 195 | 151 / 186 | 134 / 178 | 124 / 169 | 120 / 155 | 116 / 145 | 107 / 138 |
| Quartile Ranking | 3 | 3 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 3 | 4 | 4 | 4 |
| Return % | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -0.45% | 0.83% | 0.68% | 1.46% | 0.43% | 1.30% | -0.36% | 0.56% | 0.30% | 0.78% | 0.42% | 0.24% |
| Benchmark | -0.40% | 0.86% | 0.79% | 1.36% | 0.63% | 1.26% | -0.30% | 0.48% | 0.46% | 0.83% | 0.52% | 0.31% |
3.21% (November 1993)
-3.00% (March 1994)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.38% | 0.31% | -0.62% | 0.80% | 2.37% | 4.99% | -1.97% | -4.77% | 4.84% | 5.17% |
| Benchmark | 2.56% | 0.90% | 0.27% | 1.89% | 2.98% | 5.17% | -0.92% | -3.98% | 4.92% | 5.71% |
| Category Average | 0.55% | 0.85% | 0.42% | 0.53% | 2.93% | 4.36% | -0.83% | -4.45% | 4.84% | 5.17% |
| Quartile Ranking | 3 | 4 | 4 | 3 | 4 | 2 | 4 | 3 | 3 | 3 |
| Category Rank | 75/ 138 | 113/ 143 | 123/ 147 | 117/ 166 | 134/ 176 | 88/ 185 | 184/ 191 | 143/ 200 | 120/ 213 | 170/ 232 |
5.17% (2024)
-4.77% (2022)
| Name | Percent |
|---|---|
| Canadian Corporate Bonds | 46.64 |
| Canadian Government Bonds | 43.68 |
| Cash and Equivalents | 8.88 |
| Mortgages | 0.41 |
| Canadian Bonds - Other | 0.39 |
| Name | Percent |
|---|---|
| Fixed Income | 91.12 |
| Cash and Cash Equivalent | 8.88 |
| Name | Percent |
|---|---|
| North America | 100.00 |
| Name | Percent |
|---|---|
| Canada Government 3.50% 01-Mar-2028 | 2.94 |
| Canada Government 3.25% 01-Sep-2028 | 2.90 |
| Canada Government 3.50% 01-Sep-2029 | 2.63 |
| Canada Government 1.25% 01-Mar-2027 | 2.57 |
| Ontario Province 2.60% 02-Jun-2027 | 2.53 |
| Canada Government 2.75% 01-Mar-2030 | 2.07 |
| Quebec Province 2.50% 01-Sep-2026 | 1.80 |
| Canada Government 2.75% 01-Sep-2027 | 1.66 |
| Ontario Province 1.05% 08-Sep-2027 | 1.55 |
| Canada Government 4.00% 01-Mar-2029 | 1.53 |
RBC Canadian Short-Term Income Fund Series A
Median
Other - Cdn Short Term Fixed Inc
| Standard Deviation | 2.66% | 2.64% | 2.08% |
|---|---|---|---|
| Beta | 1.04% | 1.08% | 1.06% |
| Alpha | -0.01% | -0.01% | -0.01% |
| Rsquared | 0.98% | 0.97% | 0.97% |
| Sharpe | -0.23% | -0.27% | -0.23% |
| Sortino | 0.14% | -0.64% | -1.03% |
| Treynor | -0.01% | -0.01% | 0.00% |
| Tax Efficiency | 76.46% | 60.79% | 49.18% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 1.97% | 2.66% | 2.64% | 2.08% |
| Beta | 1.06% | 1.04% | 1.08% | 1.06% |
| Alpha | -0.01% | -0.01% | -0.01% | -0.01% |
| Rsquared | 0.98% | 0.98% | 0.97% | 0.97% |
| Sharpe | 1.16% | -0.23% | -0.27% | -0.23% |
| Sortino | 3.44% | 0.14% | -0.64% | -1.03% |
| Treynor | 0.02% | -0.01% | -0.01% | 0.00% |
| Tax Efficiency | 85.11% | 76.46% | 60.79% | 49.18% |
| 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) | $7,037 |
| 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.
| Portfolio Manager |
RBC Global Asset Management Inc.
|
|---|---|
| Sub-Advisor |
- |
| 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. |
| 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) | - |
Try Fund Library Premium
For Free with a 30 day trial!
Fund Library
