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BlueBay Global Investment Grade Corporate Bond Fund (Canada) Series A

Global Corp Fixed Income

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

NAVPS
(12-13-2024)
$8.93
Change
-$0.03 (-0.30%)

As at November 30, 2024

As at October 31, 2024

Period
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Legend

BlueBay Global Investment Grade Corporate Bond Fund (Canada) Series A

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Fund Returns

Inception Return (December 01, 2016): 2.19%

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 1.09% 1.10% 4.50% 4.69% 8.62% 5.87% -1.90% -1.31% 1.02% 2.57% 1.65% - - -
Benchmark 1.01% 3.55% 7.27% 9.66% 11.06% 8.26% 1.01% 0.00% 1.40% 3.07% 2.50% 2.72% 2.91% 3.78%
Category Average 1.13% 1.75% 5.24% 6.09% 9.29% 6.53% 0.85% 0.91% 1.97% 3.09% - - - -
Category Rank 107 / 158 120 / 154 102 / 123 85 / 114 80 / 114 76 / 113 92 / 103 80 / 96 66 / 92 58 / 88 60 / 82 - - -
Quartile Ranking 3 4 4 3 3 3 4 4 3 3 3 - - -

Monthly Return

Monthly Return
Return % Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov
Fund 3.75% 0.27% -1.07% 1.30% -1.86% 1.58% 0.31% 2.06% 0.97% 1.24% -1.22% 1.09%
Benchmark 1.28% 0.85% 0.16% 0.87% -0.72% 1.05% 0.71% 3.42% -0.54% 2.07% 0.44% 1.01%

Best Monthly Return Since Inception

5.66% (April 2020)

Worst Monthly Return Since Inception

-8.83% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - 5.42% -3.36% 10.38% 11.33% -0.59% -16.44% 8.10%
Benchmark 12.44% 15.41% 0.66% 2.08% 5.22% 5.81% 8.39% -3.78% -10.63% 6.54%
Category Average - - - - - 9.03% 6.89% 0.56% -10.54% 7.62%
Quartile Ranking - - - 2 4 2 1 3 4 2
Category Rank - - - 21/ 75 74/ 82 26/ 88 11/ 92 62/ 96 95/ 103 51/ 113

Best Calendar Return (Last 10 years)

11.33% (2020)

Worst Calendar Return (Last 10 years)

-16.44% (2022)

Asset Allocation

Asset Allocation
Name Percent
Foreign Corporate Bonds 77.11
Foreign Government Bonds 11.26
Cash and Equivalents 10.50
Canadian Corporate Bonds 1.34
Canadian Government Bonds 0.47
Other -0.68

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 90.19
Cash and Cash Equivalent 10.51
Other -0.70

Geographic Allocation

Geographic Allocation
Name Percent
North America 59.79
Europe 32.41
Latin America 1.75
Multi-National 0.89
Other 5.16

Top Holdings

Top Holdings
Name Percent
MARGIN CASH - CAD - CITI NON CLEARED COLL 3.68
Canadian Dollar 2.35
United States Treasury 4.25% 15-Feb-2054 2.22
United States Treasury 4.75% 15-Nov-2053 2.10
MARGIN CASH - CAD - CITI OTC CLEARED 1.84
Mizuho Financial Group Inc 2.65% 22-May-2025 1.62
United Kingdom Government 4.25% 07-Jun-2032 1.52
TWDC Enterprises 18 Corp 3.15% 17-Sep-2025 1.18
Goldman Sachs Group Inc 1.43% 09-Mar-2026 1.00
MARGIN CASH - USD - CITI FUTURES 1.00

Equity Style

Equity style data not available

Fixed Income Style

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

Risk vs Return (3 Yr)

BlueBay Global Investment Grade Corporate Bond Fund (Canada) Series A

Median

Other - Global Corp Fixed Income

3 Yr Annualized

Standard Deviation 8.08% 8.42% -
Beta 0.92% 0.82% -
Alpha -0.03% 0.00% -
Rsquared 0.62% 0.44% -
Sharpe -0.64% -0.11% -
Sortino -0.74% -0.26% -
Treynor -0.06% -0.01% -
Tax Efficiency - - -
Volatility Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 3 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 5.38% 8.08% 8.42% -
Beta 0.85% 0.92% 0.82% -
Alpha -0.01% -0.03% 0.00% -
Rsquared 0.37% 0.62% 0.44% -
Sharpe 0.73% -0.64% -0.11% -
Sortino 1.88% -0.74% -0.26% -
Treynor 0.05% -0.06% -0.01% -
Tax Efficiency 87.84% - - -

Fund Details

Start Date December 01, 2016
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) $3,526

Fund Codes

FundServ Code Load Code Sales Status
RBF9079

Investment Objectives

> To provide total returns comprised of interest income and modest capital appreciation. The fund invests primarily in investment grade corporate debt securities from anywhere around the world. It may also invest in high yield debt securities and emerging market sovereign and corporate bonds globally. 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 investment grade debt securities rated BBB(-) and above by Standard & Poor’s (or equivalent rating agency) of companies domiciled or carrying out their business activities anywhere in the world; conducts detailed company credit and industry analysis to identify investment opportunities offering higher probabilities of superior rates of return while simultaneously minimizing the prospect of default.

Portfolio Manager(s)

Name Start Date
RBC Global Asset Management Inc. 08-10-2021
RBC Global Asset Management (U.S.) Inc. 09-27-2022
RBC Global Asset Management (UK) Limited 06-27-2023

Management and Organization

Fund Manager RBC Global Asset Management Inc.
Advisor RBC Global Asset Management Inc.
Custodian RBC Investor Services Trust
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 1.55%
Management Fee 1.35%
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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