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RBC Global Technology Fund Series A

Sector Equity

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

Fundata ESG Grade B

Click for more information on Fundata’s ESG Grade.

NAVPS
(04-16-2024)
$14.72
Change
$0.07 (0.50%)

As at March 31, 2024

As at December 31, 2023

As at February 29, 2024

Period
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RBC Global Technology Fund Series A

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Fund Returns

Inception Return (July 02, 2002): 9.90%

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 1.69% 15.79% 31.66% 15.79% 45.18% 18.15% 13.40% 21.35% 18.65% 17.86% 18.64% 19.58% 17.16% 17.75%
Benchmark 4.14% 6.62% 15.26% 6.62% 13.96% 3.95% 9.11% 16.99% 9.96% 9.65% 8.48% 9.70% 7.76% 7.67%
Category Average 1.75% 21.53% 21.53% 10.46% 26.42% 7.93% 5.18% 15.21% 11.07% 11.30% 11.63% 12.17% 10.44% 11.78%
Category Rank 120 / 198 35 / 197 31 / 193 35 / 197 32 / 177 15 / 159 24 / 144 43 / 138 26 / 127 22 / 119 20 / 94 21 / 94 17 / 87 17 / 76
Quartile Ranking 3 1 1 1 1 1 1 2 1 1 1 1 1 1

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 0.40% 9.24% 2.57% 3.37% 0.79% -5.92% 0.89% 10.31% 2.17% 6.04% 7.38% 1.69%
Benchmark 2.90% -4.95% 3.36% 2.58% -1.37% -3.33% -3.21% 7.48% 3.91% 0.55% 1.82% 4.14%

Best Monthly Return Since Inception

23.22% (November 2002)

Worst Monthly Return Since Inception

-16.35% (December 2002)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 19.15% 19.34% 5.60% 27.83% 4.85% 33.79% 37.95% 23.16% -31.75% 51.62%
Benchmark 10.55% -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75%
Category Average 17.30% 16.21% -0.43% 20.39% 1.55% 22.37% 29.99% 15.34% -25.24% 26.53%
Quartile Ranking 3 2 2 2 2 1 2 1 3 1
Category Rank 47/ 76 42/ 87 42/ 94 24/ 94 41/ 114 20/ 125 44/ 135 33/ 140 111/ 157 27/ 168

Best Calendar Return (Last 10 years)

51.62% (2023)

Worst Calendar Return (Last 10 years)

-31.75% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 86.53
International Equity 10.31
Canadian Equity 2.46
Cash and Equivalents 0.69
Other 0.01

Sector Allocation

Sector Allocation
Name Percent
Technology 86.17
Financial Services 4.16
Industrial Goods 2.95
Consumer Services 2.07
Consumer Goods 1.18
Other 3.47

Geographic Allocation

Geographic Allocation
Name Percent
North America 89.68
Europe 5.95
Asia 3.91
Latin America 0.45
Other 0.01

Top Holdings

Top Holdings
Name Percent
Microsoft Corp 11.70
Apple Inc 10.28
Alphabet Inc Cl A 9.71
NVIDIA Corp 6.96
Meta Platforms Inc Cl A 5.30
Broadcom Inc 2.87
Adobe Inc 1.99
Mastercard Inc Cl A 1.98
Salesforce Inc 1.86
Visa Inc Cl A 1.79

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)

RBC Global Technology Fund Series A

Median

Other - Sector Equity

3 Yr Annualized

Standard Deviation 20.72% 19.12% 17.01%
Beta 0.95% 0.81% 0.75%
Alpha 0.06% 0.10% 0.12%
Rsquared 0.37% 0.44% 0.32%
Sharpe 0.58% 0.89% 0.97%
Sortino 0.87% 1.37% 1.45%
Treynor 0.13% 0.21% 0.22%
Tax Efficiency 100.00% 100.00% 100.00%
Volatility Volatility rating is 10 on a scale of 1 to 10 Volatility rating is 10 on a scale of 1 to 10 Volatility rating is 10 on a scale of 1 to 10

Risk Rating

Rating 10 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 15.44% 20.72% 19.12% 17.01%
Beta 0.35% 0.95% 0.81% 0.75%
Alpha 0.34% 0.06% 0.10% 0.12%
Rsquared 0.09% 0.37% 0.44% 0.32%
Sharpe 2.22% 0.58% 0.89% 0.97%
Sortino - 0.87% 1.37% 1.45%
Treynor 0.97% 0.13% 0.21% 0.22%
Tax Efficiency 100.00% 100.00% 100.00% 100.00%

Fundata ESG Metrics

Fundata ESG Score

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

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

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

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.

Fund Details

Start Date July 02, 2002
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $1,048

Fund Codes

FundServ Code Load Code Sales Status
RBF564

Investment Objectives

To provide long-term capital growth by investing in equity securities of companies around the world in the Information Technology and/or Communication Services sectors. The fund will invest in companies developing or marketing technology and telecommunications products and services. This includes companies that provide services to technology or telecommunications firms or those that may benefit from developments in the Information Technology and Communication Services sectors and their evolution

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. The portfolio manager is supported by a team of portfolio managers and research analysts focusing on the global investment environment.

Portfolio Manager(s)

Name Start Date
Rob Cavallo 05-19-2005
Marcello Montanari 05-19-2005

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 2.10%
Management Fee 1.75%
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) -

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