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RBC Strategic Income Bond Fund Series A

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Multi-Sector Fixed Income

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

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FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2016

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NAVPS
(12-24-2024) 		$8.60
Change
$0.00 (-0.04%)

As at November 30, 2024

As at October 31, 2024

Period
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Legend

RBC Strategic Income Bond Fund Series A

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Fund Returns

Inception Return (August 12, 2013): 3.35%

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 0.91% 2.30% 5.21% 7.07% 9.74% 7.48% 0.75% 0.17% 1.27% 2.49% 1.71% 2.19% 2.52% 2.72%
Benchmark 0.96% 3.30% 7.79% 9.02% 10.50% 7.28% 0.55% -0.44% 0.89% 2.29% 1.95% 2.15% 2.52% 3.45%
Category Average 1.02% 1.01% 4.55% 4.77% 8.00% - - - - - - - - -
Category Rank 245 / 310 35 / 297 95 / 295 68 / 293 87 / 293 61 / 284 139 / 276 173 / 266 149 / 245 122 / 230 116 / 205 88 / 170 66 / 131 44 / 102
Quartile Ranking 4 1 2 1 2 1 3 3 3 3 3 3 3 2

Monthly Return

Monthly Return
Return % Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov
Fund 2.50% -0.03% 0.52% 1.05% -0.80% 1.02% 0.46% 1.85% 0.53% 1.55% -0.17% 0.91%
Benchmark 1.36% 0.46% 0.43% 0.67% -0.78% 0.36% 1.11% 3.56% -0.33% 1.97% 0.33% 0.96%

Best Monthly Return Since Inception

4.64% (November 2022)

Worst Monthly Return Since Inception

-8.81% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 7.72% 4.73% 6.49% 3.62% -0.54% 7.82% 6.52% -2.27% -11.79% 7.84%
Benchmark 11.01% 16.14% 1.29% 1.23% 6.50% 4.01% 7.35% -4.31% -10.27% 5.25%
Category Average - - - - - - - - - -
Quartile Ranking 2 1 2 2 2 2 2 4 4 2
Category Rank 29/ 80 19/ 107 44/ 131 74/ 170 86/ 206 106/ 234 66/ 248 244/ 266 213/ 276 75/ 284

Best Calendar Return (Last 10 years)

7.84% (2023)

Worst Calendar Return (Last 10 years)

-11.79% (2022)

Asset Allocation

Asset Allocation
Name Percent
Foreign Corporate Bonds 36.69
Foreign Government Bonds 33.47
Cash and Equivalents 18.34
Canadian Corporate Bonds 10.61
Canadian Government Bonds 0.21
Other 0.68

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 81.02
Cash and Cash Equivalent 18.34
Exchange Traded Fund 0.67
Financial Services 0.15
Utilities 0.01
Other -0.19

Geographic Allocation

Geographic Allocation
Name Percent
North America 58.28
Europe 14.80
Latin America 11.57
Africa and Middle East 9.27
Asia 4.87
Other 1.21

Top Holdings

Top Holdings
Name Percent
RBC Global Corporate Bond Fund Series O 24.04
RBC Global High Yield Bond Fund Series O 20.04
RBC Emerging Markets Bond Fund Series O 15.07
RBC High Yield Bond Fund Series O 10.49
RBC Emerging Markets Foreign Exchange Fund O 10.04
BlueBay Emerging Markets Corporate Bond Fd O 10.03
BlueBay European High Yield Bond Fund (Canada) O 3.00
BlueBay Global Alternative Bond Fund (Canada) O 3.00
RBC Short-Term Global Bond Fund Series O 2.97
Bank of Montreal TD 4.200% Oct 01, 2024 1.09

Equity Style

Equity style data not available

Fixed Income Style

Average Duration: M. Average Credit Quality: M.
Period: 

Risk vs Return (3 Yr)

RBC Strategic Income Bond Fund Series A

Median

Other - Multi-Sector Fixed Income

3 Yr Annualized

Standard Deviation 6.82% 7.41% 5.89%
Beta 0.83% 0.67% 0.46%
Alpha 0.00% 0.01% 0.01%
Rsquared 0.65% 0.33% 0.31%
Sharpe -0.38% -0.10% 0.21%
Sortino -0.39% -0.25% -0.03%
Treynor -0.03% -0.01% 0.03%
Tax Efficiency - - 35.53%
Volatility Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 2 on a scale of 1 to 10

Risk Rating

Rating 3 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 3.16% 6.82% 7.41% 5.89%
Beta 0.59% 0.83% 0.67% 0.46%
Alpha 0.03% 0.00% 0.01% 0.01%
Rsquared 0.53% 0.65% 0.33% 0.31%
Sharpe 1.54% -0.38% -0.10% 0.21%
Sortino 5.48% -0.39% -0.25% -0.03%
Treynor 0.08% -0.03% -0.01% 0.03%
Tax Efficiency 78.24% - - 35.53%

Fund Details

Start Date August 12, 2013
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $1,136

Fund Codes

FundServ Code Load Code Sales Status
RBF482

Investment Objectives

To provide regular monthly income with a potential for modest capital appreciation. The fund invests primarily in units of other mutual funds managed by RBC GAM or an affiliate of RBC GAM (called the underlying funds), emphasizing mutual funds that invest in higher yielding fixed-income securities.

Investment Strategy

It is expected that the fund will invest up to 100% of its net assets in units of the underlying funds managed by RBC GAM or an affiliate of RBC GAM.

Portfolio Manager(s)

Name Start Date
Sarah Riopelle 08-03-2021
Dagmara Fijalkowski 08-03-2021

Management and Organization

Fund Manager RBC Global Asset Management Inc.
Advisor RBC Global Asset Management Inc.
Custodian RBC Investor Services Trust (Canada)
Registrar Royal Bank of Canada
Distributor Royal Mutual Funds Inc.
Auditor PriceWaterhouseCoopers LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 500
PAC Subsequent 25
SWP Allowed Yes
SWP Min Balance 10,000
SWP Min Withdrawal 100

Fees

MER 1.76%
Management Fee 1.50%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 0.75%
Trailer Fee Max (LL) -

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