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RBC Balanced Growth & Income Fund Series A

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Global Equity Balanced

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

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FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2017

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NAVPS
(10-16-2024) 		$14.58
Change
$0.06 (0.39%)

As at September 30, 2024

As at August 31, 2024

Period
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Legend

RBC Balanced Growth & Income Fund Series A

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Fund Returns

Inception Return (August 12, 2013): 6.67%

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 2.80% 6.36% 7.94% 13.34% 21.49% 14.41% 5.70% 8.41% 6.63% 6.37% 5.88% 5.95% 6.46% 5.83%
Benchmark 2.38% 5.49% 8.30% 16.70% 26.09% 20.00% 7.19% 8.92% 9.21% 8.58% 8.90% 8.79% 8.91% 9.34%
Category Average 1.98% 6.76% 6.76% 13.75% 22.14% 15.82% 5.23% 7.69% 7.11% 6.39% 6.27% 6.30% 6.43% 6.12%
Category Rank 59 / 1,387 236 / 1,386 276 / 1,377 843 / 1,376 840 / 1,335 937 / 1,293 545 / 1,185 403 / 1,101 738 / 1,068 546 / 942 615 / 879 534 / 811 407 / 708 414 / 584
Quartile Ranking 1 1 1 3 3 3 2 2 3 3 3 3 3 3

Monthly Return

Monthly Return
Return % Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
Fund -1.37% 5.29% 3.23% 0.23% 2.21% 2.49% -1.60% 2.48% 0.63% 2.81% 0.64% 2.80%
Benchmark -0.20% 5.87% 2.26% 1.06% 4.23% 2.30% -1.69% 2.36% 2.01% 3.06% -0.02% 2.38%

Best Monthly Return Since Inception

8.20% (November 2020)

Worst Monthly Return Since Inception

-12.52% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 10.27% 1.29% 9.71% 8.40% -5.23% 13.87% 4.99% 12.71% -8.60% 8.97%
Benchmark 13.13% 17.03% 3.66% 11.99% 0.72% 16.29% 12.17% 11.33% -12.03% 15.07%
Category Average 7.89% 4.87% 4.92% 9.31% -5.49% 15.12% 8.09% 12.42% -11.85% 11.42%
Quartile Ranking 2 4 1 3 3 3 4 2 1 4
Category Rank 175/ 543 553/ 616 62/ 717 564/ 812 537/ 891 717/ 980 835/ 1,074 513/ 1,123 237/ 1,242 1,054/ 1,293

Best Calendar Return (Last 10 years)

13.87% (2019)

Worst Calendar Return (Last 10 years)

-8.60% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 22.28
Canadian Equity 20.07
International Equity 16.25
Foreign Corporate Bonds 11.58
Foreign Government Bonds 7.86
Other 21.96

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 34.54
Financial Services 14.49
Technology 11.91
Energy 6.23
Real Estate 4.18
Other 28.65

Geographic Allocation

Geographic Allocation
Name Percent
North America 72.33
Asia 9.95
Europe 9.89
Latin America 4.45
Africa and Middle East 2.97
Other 0.41

Top Holdings

Top Holdings
Name Percent
PH&N Total Return Bond Fund Series O 13.88
RBC Global Corporate Bond Fund Series O 9.41
RBC Emerging Markets Dividend Fund Series O 9.31
BlueBay Global Monthly Income Bond Fund Series O 7.34
RBC Global High Yield Bond Fund Series O 7.30
RBC International Dividend Growth Fund Series O 6.60
Royal Bank of Canada 1.79
Microsoft Corp 1.74
Apple Inc 1.62
Toronto-Dominion Bank 1.29

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

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

Risk vs Return (3 Yr)

RBC Balanced Growth & Income Fund Series A

Median

Other - Global Equity Balanced

3 Yr Annualized

Standard Deviation 9.60% 10.99% 8.84%
Beta 0.86% 0.98% 0.82%
Alpha 0.00% -0.02% -0.02%
Rsquared 0.88% 0.83% 0.76%
Sharpe 0.28% 0.44% 0.51%
Sortino 0.47% 0.51% 0.49%
Treynor 0.03% 0.05% 0.05%
Tax Efficiency 73.45% 82.44% 81.40%
Volatility Volatility rating is 4 on a scale of 1 to 10 Volatility rating is 4 on a scale of 1 to 10 Volatility rating is 4 on a scale of 1 to 10

Risk Rating

Rating 4 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 6.91% 9.60% 10.99% 8.84%
Beta 0.89% 0.86% 0.98% 0.82%
Alpha -0.01% 0.00% -0.02% -0.02%
Rsquared 0.81% 0.88% 0.83% 0.76%
Sharpe 2.19% 0.28% 0.44% 0.51%
Sortino 6.86% 0.47% 0.51% 0.49%
Treynor 0.17% 0.03% 0.05% 0.05%
Tax Efficiency 93.52% 73.45% 82.44% 81.40%

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 Quarterly
Assets ($mil) $1,396

Fund Codes

FundServ Code Load Code Sales Status
RBF481

Investment Objectives

> To provide a combination of capital growth and modest income. The fund invests primarily in a diversified portfolio of income-producing equity and fixed-income securities from anywhere around the world either directly or indirectly through investment in other mutual funds managed by RBC GAM or an affiliate of RBC GAM. We will not change the fundamental investment objectives of the fund unless we have the consent of a majority of the voting unitholders of the fund to do so.

Investment Strategy

To achieve the fund’s objectives, the portfolio manager: invests primarily in income-producing equity securities and fixed-income securities from anywhere around the world such as dividend-paying common shares, preferred shares, government and corporate bonds, high yield bonds, debentures and notes, asset-backed commercial paper, mortgage-backed securities and other income-generating securities.

Portfolio Manager(s)

Name Start Date
Brad Willock 08-03-2021
Jennifer McClelland 08-03-2021
Sarah Riopelle 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 RBC Investor Services Trust (Canada)
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 2.01%
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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