Try Fund Library Premium
For Free with a 30 day trial!
Alternative Credit Focus
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (08-12-2025) |
$9.25 |
|---|---|
| Change |
$0.02
(0.24%)
|
As at July 31, 2025
As at June 30, 2025
Inception Return (October 28, 2020): 3.23%
| 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 | 0.20% | 1.07% | -0.05% | 0.60% | 2.04% | 3.41% | 4.24% | 3.06% | - | - | - | - | - | - |
| Benchmark | -0.74% | -0.62% | -0.55% | 0.57% | 2.83% | 4.94% | 2.59% | -0.37% | -0.89% | 0.71% | 1.81% | 1.81% | 1.28% | 1.61% |
| Category Average | 0.56% | 2.48% | 2.30% | 2.96% | 6.27% | 7.38% | 5.86% | 3.52% | 4.27% | 4.20% | - | - | - | - |
| Category Rank | 114 / 141 | 128 / 136 | 128 / 134 | 129 / 134 | 120 / 123 | 107 / 110 | 76 / 94 | 45 / 78 | - | - | - | - | - | - |
| Quartile Ranking | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | - | - | - | - | - | - |
| Return % | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -0.15% | 0.19% | 0.46% | 0.28% | 0.64% | 0.65% | 0.09% | -0.13% | -1.06% | 0.24% | 0.63% | 0.20% |
| Benchmark | 0.52% | 1.82% | -1.07% | 1.51% | -0.52% | 1.13% | 1.14% | -0.29% | -0.77% | 0.08% | 0.04% | -0.74% |
2.58% (November 2020)
-1.76% (June 2022)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | -0.44% | 3.36% | 3.52% | 4.80% |
| Benchmark | 3.57% | 1.54% | 2.70% | 1.29% | 6.97% | 8.61% | -2.71% | -11.46% | 6.38% | 4.10% |
| Category Average | - | - | - | - | - | 7.20% | 3.25% | -4.07% | 7.22% | 7.97% |
| Quartile Ranking | - | - | - | - | - | - | 4 | 1 | 4 | 4 |
| Category Rank | - | - | - | - | - | - | 64/ 67 | 9/ 90 | 105/ 108 | 96/ 113 |
4.80% (2024)
-0.44% (2021)
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 44.06 |
| Foreign Government Bonds | 27.32 |
| Cash and Equivalents | 22.60 |
| Canadian Corporate Bonds | 8.27 |
| Derivatives | -2.25 |
| Name | Percent |
|---|---|
| Fixed Income | 79.65 |
| Cash and Cash Equivalent | 22.60 |
| Name | Percent |
|---|---|
| Europe | 49.22 |
| North America | 24.40 |
| Asia | 9.76 |
| Africa and Middle East | 3.50 |
| Latin America | 1.61 |
| Other | 11.51 |
| Name | Percent |
|---|---|
| Canada Government 3.50% 01-Aug-2025 | 5.77 |
| MARGIN CASH - CAD - MS OTC CLEARED | 5.48 |
| US Dollar | 3.30 |
| MARGIN CASH - CAD - HSBC NON CLEARED COLL | 3.29 |
| Japan Government 2.20% 20-Jun-2054 | 2.44 |
| United Kingdom Government 4.38% 31-Jul-2054 | 2.42 |
| Canadian Dollar | 2.27 |
| South Africa Government 8.88% 28-Feb-2035 | 1.93 |
| MARGIN CASH - EUR - MS OTC CLEARED | 1.64 |
| Japan Government 0.50% 20-Mar-2060 | 1.61 |
BlueBay Global Alternative Bond Fund (Canada) Series A
Median
Other - Alternative Credit Focus
| Standard Deviation | 2.33% | - | - |
|---|---|---|---|
| Beta | -0.11% | - | - |
| Alpha | 0.04% | - | - |
| Rsquared | 0.08% | - | - |
| Sharpe | 0.08% | - | - |
| Sortino | 0.83% | - | - |
| Treynor | -0.02% | - | - |
| Tax Efficiency | 71.74% | - | - |
| Volatility |
|
- | - |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 1.64% | 2.33% | - | - |
| Beta | 0.09% | -0.11% | - | - |
| Alpha | 0.02% | 0.04% | - | - |
| Rsquared | 0.04% | 0.08% | - | - |
| Sharpe | -0.71% | 0.08% | - | - |
| Sortino | -0.67% | 0.83% | - | - |
| Treynor | -0.12% | -0.02% | - | - |
| Tax Efficiency | 82.45% | 71.74% | - | - |
| Start Date | October 28, 2020 |
|---|---|
| Instrument Type | Mutual Fund (Alternative) |
| Share Class | Commission Based Advice |
| Legal Status | - |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Quarterly |
| Assets ($mil) | $1,726 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| RBF9908 |
> To provide total returns comprised of interest income and modest capital appreciation. The fund invests primarily in long and short positions of investment grade fixed-income securities issued by sovereign governments and entities, and corporations from anywhere around the world. It may also invest in high-yield debt securities and emerging-market sovereign and corporate bonds globally. The fund may engage in short sales, borrowing and/or derivatives for investment purposes. We will not change
To achieve the fund’s objectives, the portfolio manager: invests primarily in investment grade fixed-income securities rated BBB(-) and above by Standard & Poor’s (or equivalent rating agency) and across global interest rates, sovereign and non-sovereign credit, currencies, cash and derivatives; may seek to generate performance in all environments by investing in long and short positions.
| Portfolio Manager |
RBC Global Asset Management Inc.
|
|---|---|
| Sub-Advisor |
RBC Global Asset Management (U.S.) Inc. RBC Global Asset Management (UK) Limited |
| Fund Manager |
RBC Global Asset Management Inc. |
|---|---|
| Custodian |
RBC Investor Services Trust (Canada) |
| Registrar |
Royal Bank of Canada RBC Global Asset Management Inc. RBC Investor Services Trust (Canada) |
| Distributor |
Royal Mutual Funds Inc. |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | No |
| PAC Initial Investment | - |
| PAC Subsequent | - |
| SWP Allowed | No |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
| MER | 1.70% |
|---|---|
| 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) | - |
Try Fund Library Premium
For Free with a 30 day trial!
Fund Library
