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RBC $U.S. Short-Term Corporate Bond Fund Series A

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Global Corp Fixed Income

NAVPS
(08-08-2025) 		$9.60
Change
-$0.01 (-0.08%)

As at June 30, 2025

As at May 31, 2025

Period
Created with Highcharts 10.3.3May 2018Nov 2018May 2019Nov 2019May 2020Nov 2020May 2021Nov 2021May 2022Nov 2022May 2023Nov 2023May 2024Nov 2024May 2025Jul 2022Oct 2022Jan 2023Apr 2023Jul 2023Oct 2023Jan 2024Apr 2024Jul 2024Oct 2024Jan 2025Apr 2025May 2018May 2019May 2020May 2021May 2022May 2023May 2024May 2025M…$10,000$11,000$9,500$10,500$11,500Period

Legend

RBC $U.S. Short-Term Corporate Bond Fund Series A

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Fund Returns

Inception Return (January 29, 2018): 1.71%

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 0.88% 1.59% 3.33% 3.33% 6.14% 5.87% 4.33% 1.30% 1.20% 1.51% 2.03% - - -
Benchmark 2.31% 4.49% 7.52% 7.52% 9.71% 7.31% 5.48% -0.50% 0.70% 1.52% 2.40% 2.16% 2.21% 2.57%
Category Average 0.91% 1.07% 2.53% 2.53% 6.67% 6.55% 5.23% 1.13% 1.94% 2.32% 2.82% - - -
Category Rank - - - - - - - - - - - - - -
Quartile Ranking - - - - - - - - - - - - - -

Monthly Return

Created with Highcharts 10.3.3-3%-2%-1%0%1%2%3%
Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 1.43% 0.95% 0.87% -0.93% 0.57% -0.19% 0.48% 0.90% 0.33% 0.63% 0.07% 0.88%
Benchmark 2.44% 1.94% 1.83% -2.66% 0.56% -1.98% 0.65% 1.63% 0.60% 1.95% 0.17% 2.31%

Best Monthly Return Since Inception

3.33% (April 2020)

Worst Monthly Return Since Inception

-5.24% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - - - 6.33% 3.10% -1.70% -6.37% 5.79% 4.19%
Benchmark -3.77% 4.27% 9.26% -3.48% 11.44% 10.33% -2.95% -16.69% 9.48% 1.23%
Category Average - - - - 9.03% 6.89% 0.56% -10.54% 7.62% 5.63%
Quartile Ranking - - - - - - - - - -
Category Rank - - - - - - - - - -

Best Calendar Return (Last 10 years)

6.33% (2019)

Worst Calendar Return (Last 10 years)

-6.37% (2022)

Asset Allocation

Asset Allocation
Name Percent
Foreign Corporate Bonds 80.73
Foreign Government Bonds 7.84
Cash and Equivalents 7.53
US Equity 3.88
Other 0.02

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 88.58
Cash and Cash Equivalent 7.53
Financial Services 3.88
Other 0.01

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
RBC Short Term U.S. Corporate Bond ETF U$ (RUSB.U) 98.99
National Bank of Canada UTD 4.330% Apr 01, 2025 1.18
US Dollar -0.17

Equity Style

Equity style data not available

Fixed Income Style

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

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return234567891011120%2%4%6%8%10%12%

RBC $U.S. Short-Term Corporate Bond Fund Series A

Median

Other - Global Corp Fixed Income

3 Yr Annualized

Standard Deviation 3.24% 3.06% -
Beta 0.42% 0.33% -
Alpha 0.01% 0.01% -
Rsquared 0.53% 0.49% -
Sharpe 0.10% -0.41% -
Sortino 0.59% -0.71% -
Treynor 0.01% -0.04% -
Tax Efficiency 74.77% 15.05% -
Volatility Volatility rating is 1 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10 -

Risk Rating

Rating 1 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 2.16% 3.24% 3.06% -
Beta 0.16% 0.42% 0.33% -
Alpha 0.05% 0.01% 0.01% -
Rsquared 0.13% 0.53% 0.49% -
Sharpe 1.22% 0.10% -0.41% -
Sortino 2.35% 0.59% -0.71% -
Treynor 0.16% 0.01% -0.04% -
Tax Efficiency 78.40% 74.77% 15.05% -

Fund Details

Start Date January 29, 2018
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency USD
Distribution Frequency Monthly
Assets ($mil) $186

Fund Codes

FundServ Code Load Code Sales Status
RBF409

Investment Objectives

> To provide regular monthly income with the potential for modest capital growth. The fund invests primarily in a well-diversified portfolio of short-term fixed-income securities issued in the U.S. market by U.S. and foreign corporations either directly or indirectly through investment in other mutual funds managed by RBC GAM or an affiliate of RBC GAM. We will not change

Investment Strategy

It is currently expected that the fund will invest up to 100% of its assets in units of the RBC Short Term U.S. Corporate Bond ETF (the underlying fund), which is sub-advised by RBC Global Asset Management (U.S.) Inc.

Portfolio Management

Portfolio Manager

RBC Global Asset Management Inc.
Sub-Advisor

RBC Global Asset Management (U.S.) Inc.

  • James Weinand

Management and Organization

Fund Manager

RBC Global Asset Management Inc.
Custodian

RBC Investor Services Trust
Registrar

RBC Investor Services Trust
Distributor

Royal Mutual Funds Inc.

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 0.98%
Management Fee 0.85%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 0.50%
Trailer Fee Max (LL) -

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