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Alternative Market Neutrl
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Click for more information on Fundata’s ESG Grade
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|
NAVPS (09-06-2024) |
$9.77 |
|---|---|
| Change |
$0.00
(0.03%)
|
As at July 31, 2024
As at June 30, 2024
As at July 31, 2024
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Inception Return (August 31, 2017): 1.37%
| 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 | -2.86% | -0.33% | 6.53% | 12.12% | 14.84% | 9.98% | 10.23% | 6.69% | 5.06% | 1.28% | - | - | - | - |
| Benchmark | 5.87% | 7.26% | 11.67% | 12.28% | 15.73% | 11.92% | 7.72% | 12.72% | 10.46% | 9.19% | 9.55% | 9.20% | 8.61% | 7.41% |
| Category Average | -0.03% | 4.49% | 4.49% | 5.92% | 8.37% | 5.63% | -0.03% | 1.33% | -0.36% | - | - | - | - | - |
| Category Rank | 31 / 31 | 26 / 28 | 7 / 27 | 8 / 27 | 7 / 27 | 7 / 27 | 4 / 27 | 9 / 20 | 10 / 15 | - | - | - | - | - |
| Quartile Ranking | 4 | 4 | 2 | 2 | 2 | 2 | 1 | 2 | 3 | - | - | - | - | - |
| Return % | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.54% | 1.40% | -0.43% | 1.52% | -2.55% | 5.24% | 3.89% | 1.45% | 1.41% | 1.83% | 0.77% | -2.86% |
| Benchmark | -1.37% | -3.33% | -3.21% | 7.48% | 3.91% | 0.55% | 1.82% | 4.14% | -1.82% | 2.77% | -1.42% | 5.87% |
5.24% (January 2024)
-5.43% (June 2018)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | -3.45% | -13.60% | -9.14% | 12.26% | 10.62% | 2.95% |
| Benchmark | 10.55% | -8.32% | 21.08% | 9.10% | -8.89% | 22.88% | 5.60% | 25.09% | -5.84% | 11.75% |
| Category Average | - | - | - | - | - | - | -3.57% | -6.24% | -1.79% | 4.02% |
| Quartile Ranking | - | - | - | - | - | - | 3 | 2 | 1 | 3 |
| Category Rank | - | - | - | - | - | - | 12/ 16 | 6/ 23 | 5/ 27 | 18/ 27 |
12.26% (2021)
-13.60% (2019)
| Name | Percent |
|---|---|
| Cash and Equivalents | 98.58 |
| International Equity | 6.70 |
| Canadian Equity | -1.80 |
| US Equity | -3.47 |
| Other | -0.01 |
| Name | Percent |
|---|---|
| Cash and Cash Equivalent | 98.57 |
| Technology | 9.30 |
| Utilities | 5.72 |
| Financial Services | 2.29 |
| Telecommunications | 1.30 |
| Other | -17.18 |
| Name | Percent |
|---|---|
| North America | 93.53 |
| Asia | 2.43 |
| Latin America | 2.28 |
| Europe | 2.09 |
| Africa and Middle East | -0.33 |
| Name | Percent |
|---|---|
| RBC Qube Market Neutral World Equity Fund O U$ | 99.44 |
| Canadian Dollar | 0.40 |
| US Dollar | 0.16 |
RBC Qube Market Neutral World Equity Fund (CAD Hedged) Series A
Median
Other - Alternative Market Neutrl
| Standard Deviation | 6.52% | 6.70% | - |
|---|---|---|---|
| Beta | -0.06% | -0.06% | - |
| Alpha | 0.10% | 0.06% | - |
| Rsquared | 0.02% | 0.02% | - |
| Sharpe | 1.05% | 0.45% | - |
| Sortino | 1.88% | 0.50% | - |
| Treynor | -1.15% | -0.49% | - |
| Tax Efficiency | 100.00% | 98.48% | - |
| Volatility |
|
|
- |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 8.05% | 6.52% | 6.70% | - |
| Beta | -0.16% | -0.06% | -0.06% | - |
| Alpha | 0.17% | 0.10% | 0.06% | - |
| Rsquared | 0.06% | 0.02% | 0.02% | - |
| Sharpe | 1.16% | 1.05% | 0.45% | - |
| Sortino | 2.64% | 1.88% | 0.50% | - |
| Treynor | -0.58% | -1.15% | -0.49% | - |
| Tax Efficiency | 100.00% | 100.00% | 98.48% | - |
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.
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.
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.
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.
| Start Date | August 31, 2017 |
|---|---|
| Instrument Type | Mutual Fund (Alternative) |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Quarterly |
| Assets ($mil) | $17 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| RBF10590 | ||
| RBF441 |
The fundamental investment objective of the Fund is to provide consistent absolute return that are substantially independent of the performance of the global equity market.
The Fund intends to achieve its investment objective by investing primarily in secuities of issuers listed on global equity markets which are expected to outperform comparable securities, while selling short an equivalent dollar amount of global equity securities which are expected to underperform.
| Name | Start Date |
|---|---|
| Sarah Riopelle | 02-22-2021 |
| Norman So | 11-01-2021 |
| Oliver McMahon | 11-01-2021 |
| Fund Manager | RBC Global Asset Mgmt Inc. |
|---|---|
| Advisor | RBC Global Asset Mgmt Inc. |
| Custodian | Credit Suisse Securities (USA) LLC |
| Registrar | RBC Investor Services Trust (Canada) |
| Distributor | - |
| Auditor | Deloitte & Touche LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | No |
| PAC Initial Investment | - |
| PAC Subsequent | - |
| SWP Allowed | No |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
| MER | 2.17% |
|---|---|
| Management Fee | 2.00% |
| 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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