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RBC Global Dividend Growth Currency Neutral Fund Series A

Global Div & Inc Equity

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

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

Fundata ESG Grade B

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FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2022

Click for more information on Fundata’s FundGrade

NAVPS
(05-21-2024)
$20.78
Change
-$0.01 (-0.02%)

As at April 30, 2024

As at March 31, 2024

As at February 29, 2024

Period
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Legend

RBC Global Dividend Growth Currency Neutral Fund Series A

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Fund Returns

Inception Return (May 16, 2016): 9.65%

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 -3.75% 3.27% 17.95% 4.75% 11.73% 4.60% 2.23% 11.57% 8.14% 8.61% 9.34% - - -
Benchmark -1.84% 6.75% 18.70% 8.25% 18.76% 13.40% 7.92% 13.07% 9.85% 9.77% 9.47% 11.38% 9.88% 10.74%
Category Average -1.88% - - - - - - - - - - - - -
Category Rank 244 / 246 228 / 245 30 / 245 236 / 245 140 / 241 220 / 223 207 / 214 119 / 206 88 / 199 86 / 187 19 / 175 - - -
Quartile Ranking 4 4 1 4 3 4 4 3 2 2 1 - - -

Monthly Return

Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund -1.77% 3.65% 2.46% -2.84% -4.46% -2.17% 7.32% 4.91% 1.43% 4.20% 2.97% -3.75%
Benchmark -0.97% 2.98% 3.28% -0.19% -4.15% -0.71% 6.95% 2.53% 1.41% 5.64% 2.94% -1.84%

Best Monthly Return Since Inception

11.51% (November 2020)

Worst Monthly Return Since Inception

-14.28% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - 21.61% -6.85% 33.06% 15.24% 26.46% -20.54% 9.59%
Benchmark 13.97% 16.88% 5.18% 16.29% -1.79% 21.41% 13.15% 17.62% -12.64% 19.37%
Category Average - - - - - - - - - -
Quartile Ranking - - - 1 4 1 1 1 4 2
Category Rank - - - 6/ 175 159/ 186 6/ 199 15/ 203 23/ 213 218/ 220 109/ 227

Best Calendar Return (Last 10 years)

33.06% (2019)

Worst Calendar Return (Last 10 years)

-20.54% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 60.00
International Equity 38.04
Cash and Equivalents 1.95
Other 0.01

Sector Allocation

Sector Allocation
Name Percent
Technology 26.96
Financial Services 17.96
Healthcare 11.30
Consumer Goods 9.21
Consumer Services 7.07
Other 27.50

Geographic Allocation

Geographic Allocation
Name Percent
North America 61.96
Europe 27.44
Asia 10.59
Africa and Middle East 0.00
Other 0.01

Top Holdings

Top Holdings
Name Percent
Microsoft Corp 7.02
NVIDIA Corp 6.87
UnitedHealth Group Inc 4.79
Broadcom Inc 4.60
Taiwan Semiconductor Manufactrg Co Ltd - ADR 4.17
Visa Inc Cl A 4.01
Blackstone Inc 3.78
Procter & Gamble Co 3.65
JPMorgan Chase & Co 3.11
Novo Nordisk A/S Cl B 3.10

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 Dividend Growth Currency Neutral Fund Series A

Median

Other - Global Div & Inc Equity

3 Yr Annualized

Standard Deviation 16.82% 17.73% -
Beta 1.22% 1.26% -
Alpha -0.07% -0.04% -
Rsquared 0.88% 0.91% -
Sharpe 0.05% 0.42% -
Sortino 0.05% 0.52% -
Treynor 0.01% 0.06% -
Tax Efficiency 92.17% 98.39% -
Volatility Volatility rating is 9 on a scale of 1 to 10 Volatility rating is 9 on a scale of 1 to 10 -

Risk Rating

Rating 9 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 13.36% 16.82% 17.73% -
Beta 1.14% 1.22% 1.26% -
Alpha -0.08% -0.07% -0.04% -
Rsquared 0.89% 0.88% 0.91% -
Sharpe 0.54% 0.05% 0.42% -
Sortino 1.18% 0.05% 0.52% -
Treynor 0.06% 0.01% 0.06% -
Tax Efficiency 98.96% 92.17% 98.39% -

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 May 16, 2016
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Partially Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $77

Fund Codes

FundServ Code Load Code Sales Status
RBF433

Investment Objectives

To provide long-term capital growth while minimizing the exposure to currency fluctuations between foreign currencies and the Canadian dollar. The fund invests primarily in equity securities of a diversified mix of companies operating in various countries around the world across a range of sectors that may grow their dividends over time, either directly or indirectly through investment in other mutual funds managed by RBC GAM or an affiliate of RBC GAM.

Investment Strategy

Currently, the fund invests directly in equity securities of companies operating in various countries around the world. 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.

Portfolio Manager(s)

Name Start Date
Habib Subjally 05-16-2016
RBC Global Asset Management Inc. 08-09-2021

Management and Organization

Fund Manager RBC Global Asset Management Inc.
Advisor RBC Global Asset Management Inc.
Custodian RBC Investor Services Trust
Registrar RBC Investor Services Trust
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 2.09%
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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