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Emerg Mkts Fixed Income
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|
NAVPS (05-02-2024) |
$8.90 |
|---|---|
| Change |
$0.00
(0.00%)
|
As at March 31, 2024
As at December 31, 2023
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Inception Return (July 27, 2015): 0.73%
| 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 | -0.21% | 0.86% | 3.21% | 0.86% | 3.34% | 5.90% | 2.68% | 0.86% | 0.30% | -0.20% | 0.26% | 0.86% | - | - |
| Benchmark | 1.61% | 3.45% | 11.17% | 3.45% | 9.46% | 4.54% | -0.14% | 0.12% | 0.30% | 1.16% | 1.34% | 2.31% | 2.76% | 4.08% |
| Category Average | 1.06% | 9.02% | 9.02% | 2.05% | 8.58% | 3.87% | 0.64% | 3.11% | 1.04% | 0.89% | - | - | - | - |
| Category Rank | 61 / 69 | 60 / 69 | 66 / 66 | 60 / 69 | 55 / 66 | 21 / 60 | 7 / 45 | 39 / 44 | 19 / 36 | 23 / 33 | 23 / 33 | 20 / 24 | - | - |
| Quartile Ranking | 4 | 4 | 4 | 4 | 4 | 2 | 1 | 4 | 3 | 3 | 3 | 4 | - | - |
| Return % | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.94% | -0.75% | -1.11% | 1.15% | 0.92% | -1.00% | 2.29% | 0.81% | -0.78% | 0.01% | 1.06% | -0.21% |
| Benchmark | 0.97% | -1.12% | -0.50% | 1.36% | 1.10% | -3.28% | 1.39% | 3.75% | 2.16% | -0.12% | 1.93% | 1.61% |
3.59% (November 2022)
-3.98% (June 2017)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | -0.49% | 2.63% | 3.13% | -1.29% | -2.01% | -5.59% | 3.81% | 4.93% |
| Benchmark | 14.63% | 18.71% | 3.92% | 4.16% | 4.15% | 7.03% | 4.99% | -4.38% | -12.92% | 7.92% |
| Category Average | - | - | - | - | - | 9.00% | 3.99% | -4.64% | -9.10% | 9.06% |
| Quartile Ranking | - | - | 4 | 4 | 2 | 4 | 4 | 3 | 1 | 4 |
| Category Rank | - | - | 24/ 24 | 25/ 29 | 12/ 33 | 36/ 36 | 38/ 38 | 33/ 45 | 4/ 60 | 55/ 66 |
4.93% (2023)
-5.59% (2021)
| Name | Percent |
|---|---|
| Cash and Equivalents | 99.31 |
| Foreign Government Bonds | 0.68 |
| Derivatives | 0.01 |
| Foreign Bonds - Other | 0.01 |
| Other | -0.01 |
| Name | Percent |
|---|---|
| Cash and Cash Equivalent | 99.30 |
| Fixed Income | 0.69 |
| Other | 0.01 |
| Name | Percent |
|---|---|
| North America | 99.31 |
| Latin America | 0.68 |
| Europe | 0.00 |
| Other | 0.01 |
| Name | Percent |
|---|---|
| King Street Funding Trust Mar 06, 2024 | 4.38 |
| Bay Street Funding Trust Mar 06, 2024 | 4.04 |
| SOUND Trust Jan 05, 2024 | 3.59 |
| Bank of Nova Scotia Jan 04, 2024 | 3.34 |
| Canadian Imperial Bank of Commerce Mar 14, 2024 | 3.26 |
| Inter Pipeline Corridor Inc Jan 22, 2024 | 3.25 |
| Zeus Receivables Trust Jan 31, 2024 | 3.01 |
| STABLE Trust Jan 24, 2024 | 2.82 |
| Safe Trust 0.00% 20-Feb-2024 | 2.77 |
| Banner Trust Feb 09, 2024 | 2.75 |
RBC Emerging Markets Foreign Exchange Fund Series A
Median
Other - Emerg Mkts Fixed Income
| Standard Deviation | 4.72% | 4.28% | - |
|---|---|---|---|
| Beta | 0.33% | 0.30% | - |
| Alpha | 0.03% | 0.00% | - |
| Rsquared | 0.38% | 0.34% | - |
| Sharpe | 0.03% | -0.36% | - |
| Sortino | -0.07% | -0.77% | - |
| Treynor | 0.00% | -0.05% | - |
| Tax Efficiency | 73.21% | - | - |
| Volatility |
|
|
- |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 3.70% | 4.72% | 4.28% | - |
| Beta | 0.33% | 0.33% | 0.30% | - |
| Alpha | 0.00% | 0.03% | 0.00% | - |
| Rsquared | 0.31% | 0.38% | 0.34% | - |
| Sharpe | -0.38% | 0.03% | -0.36% | - |
| Sortino | 0.15% | -0.07% | -0.77% | - |
| Treynor | -0.04% | 0.00% | -0.05% | - |
| Tax Efficiency | 36.28% | 73.21% | - | - |
| Start Date | July 27, 2015 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Quarterly |
| Assets ($mil) | $961 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| RBF406 |
To provide total returns associated with those of emerging market currencies and short-term interest rates. To provide total returns comprised of income and modest capital growth. The fund invests primarily in short-term Canadian money market instruments and foreign exchange forward contracts on emerging market currencies.
To achieve the fund’s objectives, the portfolio manager: uses derivatives such as forward contracts to gain exposure to currencies in emerging market countries; invests most of the fund’s assets in high-quality Canadian money market securities; focuses on countries demonstrating improving fiscal, balance of payments and business-friendly trends, coupled with positive public policy momentum.
| Name | Start Date |
|---|---|
| Daniel Mitchell | 08-04-2021 |
| David Nava | 08-04-2021 |
| RBC Global Asset Management (UK) Limited | 06-27-2023 |
| 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 |
| 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 | 1.71% |
|---|---|
| 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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