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Alternative Credit Focus
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (03-05-2026) |
$9.25 |
|---|---|
| Change |
$0.01
(0.13%)
|
As at January 31, 2026
As at December 31, 2025
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Inception Return (October 28, 2020): 3.26%
| 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 | 0.21% | 0.62% | 1.78% | 0.21% | 1.73% | 3.01% | 3.32% | 3.40% | 2.56% | - | - | - | - | - |
| Benchmark | 0.63% | -0.48% | 2.46% | 0.63% | 1.90% | 4.28% | 3.55% | 1.02% | -0.10% | 0.58% | 1.74% | 1.96% | 1.96% | 1.85% |
| Category Average | 0.72% | 1.11% | 3.08% | 0.72% | 5.46% | 6.66% | 6.27% | 4.42% | 3.89% | 4.37% | - | - | - | - |
| Category Rank | 141 / 143 | 112 / 143 | 118 / 136 | 141 / 143 | 127 / 130 | 107 / 108 | 100 / 103 | 62 / 88 | 52 / 64 | - | - | - | - | - |
| Quartile Ranking | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 4 | - | - | - | - | - |
| Return % | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.09% | -0.13% | -1.06% | 0.24% | 0.63% | 0.20% | 1.00% | -0.03% | 0.18% | -0.14% | 0.55% | 0.21% |
| Benchmark | 1.14% | -0.29% | -0.77% | 0.08% | 0.04% | -0.74% | 0.37% | 1.80% | 0.76% | 0.26% | -1.36% | 0.63% |
2.58% (November 2020)
-1.76% (June 2022)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | -0.44% | 3.36% | 3.52% | 4.80% | 2.17% |
| Benchmark | 1.54% | 2.70% | 1.29% | 6.97% | 8.61% | -2.71% | -11.46% | 6.38% | 4.10% | 2.40% |
| Category Average | - | - | - | - | 7.20% | 3.25% | -4.07% | 7.22% | 7.97% | 5.39% |
| Quartile Ranking | - | - | - | - | - | 4 | 1 | 4 | 4 | 4 |
| Category Rank | - | - | - | - | - | 64/ 64 | 7/ 85 | 100/ 103 | 94/ 108 | 123/ 129 |
4.80% (2024)
-0.44% (2021)
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 35.80 |
| Foreign Government Bonds | 27.45 |
| Canadian Corporate Bonds | 22.77 |
| Cash and Equivalents | 14.86 |
| Derivatives | -0.87 |
| Name | Percent |
|---|---|
| Fixed Income | 86.01 |
| Cash and Cash Equivalent | 14.85 |
| Name | Percent |
|---|---|
| Europe | 43.48 |
| North America | 37.04 |
| Asia | 8.10 |
| Latin America | 3.77 |
| Multi-National | 1.40 |
| Other | 6.21 |
| Name | Percent |
|---|---|
| Canada Government 3.00% 01-Apr-2026 | 5.08 |
| MARGIN CASH - CAD - MS OTC CLEARED | 4.66 |
| Canadian Dollar | 3.67 |
| Mexican Bonos 8.000% Feb 21, 2036 | 2.28 |
| Colombia Government 13.25% 09-Feb-2033 | 2.06 |
| Japan Government 2.20% 20-Jun-2054 | 2.04 |
| Colombian TES 11.750% Jan 24, 2035 | 1.80 |
| Romanian Government International Bond 6.125% Oct 07, 2037 | 1.78 |
| Mexico Government 4.00% 15-Mar-2115 | 1.71 |
| Germany Government 15-Feb-2032 | 1.60 |
BlueBay Global Alternative Bond Fund (Canada) Series A
Median
Other - Alternative Credit Focus
| Standard Deviation | 2.09% | 2.45% | - |
|---|---|---|---|
| Beta | -0.13% | -0.05% | - |
| Alpha | 0.04% | 0.03% | - |
| Rsquared | 0.10% | 0.02% | - |
| Sharpe | -0.25% | -0.08% | - |
| Sortino | 0.21% | -0.23% | - |
| Treynor | 0.04% | 0.04% | - |
| Tax Efficiency | 78.13% | - | - |
| Volatility |
|
|
- |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 1.74% | 2.09% | 2.45% | - |
| Beta | 0.04% | -0.13% | -0.05% | - |
| Alpha | 0.02% | 0.04% | 0.03% | - |
| Rsquared | 0.01% | 0.10% | 0.02% | - |
| Sharpe | -0.46% | -0.25% | -0.08% | - |
| Sortino | -0.87% | 0.21% | -0.23% | - |
| Treynor | -0.18% | 0.04% | 0.04% | - |
| Tax Efficiency | 58.45% | 78.13% | - | - |
| 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) | $1,773 |
| 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) | - |
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