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RBC Short-Term Global Bond Fund Series A
Global Fixed Income
Click for more information on Fundata’s FundGrade
FundGrade C
Click for more information on Fundata’s FundGrade.
|
NAVPS (06-18-2026) |
$9.82 |
|---|---|
| Change |
$0.00
(-0.03%)
|
As at May 31, 2026
As at April 30, 2026
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Legend
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Fund Returns
Inception Return (March 29, 2021): 0.59%
| 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 | 0.26% | -0.53% | 0.23% | 0.34% | 1.82% | 3.13% | 2.89% | 1.91% | 0.64% | - | - | - | - | - |
| Benchmark | 1.42% | -0.89% | -1.04% | 0.67% | 3.04% | 5.68% | 3.76% | 3.43% | 0.69% | -1.15% | 0.15% | 1.07% | 0.67% | 0.99% |
| Category Average | 0.60% | -1.20% | -0.32% | 0.32% | 2.69% | 3.61% | 3.21% | 2.14% | 0.13% | 0.39% | 0.87% | 1.26% | 0.98% | 1.24% |
| Category Rank | 210 / 249 | 57 / 247 | 50 / 247 | 103 / 247 | 168 / 234 | 105 / 196 | 84 / 169 | 60 / 149 | 31 / 118 | - | - | - | - | - |
| Quartile Ranking | 4 | 1 | 1 | 2 | 3 | 3 | 2 | 2 | 2 | - | - | - | - | - |
Monthly Return
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.51% | -0.18% | 0.54% | 0.28% | 0.26% | 0.15% | -0.10% | 0.30% | 0.57% | -1.01% | 0.23% | 0.26% |
| Benchmark | 1.17% | -0.22% | 0.81% | 2.14% | 0.41% | -0.23% | -1.70% | -0.25% | 1.83% | -0.86% | -1.43% | 1.42% |
Best Monthly Return Since Inception
1.55% (December 2023)
Worst Monthly Return Since Inception
-1.60% (September 2022)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | -5.64% | 3.96% | 2.70% | 3.09% |
| Benchmark | -1.36% | -0.08% | 7.82% | 1.45% | 7.03% | -6.05% | -10.83% | 2.72% | 6.80% | 3.01% |
| Category Average | 2.08% | 2.75% | -0.04% | 5.49% | 5.94% | -1.81% | -10.70% | 5.33% | 2.37% | 3.68% |
| Quartile Ranking | - | - | - | - | - | - | 1 | 4 | 2 | 2 |
| Category Rank | - | - | - | - | - | - | 17/ 132 | 125/ 154 | 73/ 188 | 98/ 218 |
Best Calendar Return (Last 10 years)
3.96% (2023)
Worst Calendar Return (Last 10 years)
-5.64% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Foreign Government Bonds | 51.66 |
| Cash and Equivalents | 31.14 |
| Canadian Corporate Bonds | 13.36 |
| Foreign Corporate Bonds | 3.30 |
| Canadian Government Bonds | 0.50 |
| Other | 0.04 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 68.92 |
| Cash and Cash Equivalent | 31.14 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 64.80 |
| Europe | 22.78 |
| Asia | 6.01 |
| Latin America | 3.26 |
| Multi-National | 1.32 |
| Other | 1.83 |
Top Holdings
| Name | Percent |
|---|---|
| United States Treasury Note/Bond 3.500% Feb 15, 2029 | 6.68 |
| United States Treasury 0.63% 15-Aug-2030 | 6.06 |
| United States Treasury 1.25% 31-May-2028 | 2.99 |
| France Government 2.75% 25-Feb-2029 | 2.93 |
| France Government 2.70% 25-Feb-2031 | 2.74 |
| United Kingdom Government 4.75% 07-Dec-2030 | 2.48 |
| iShares Core Canadian Short Term Corp Bnd Inx(XSH) | 1.98 |
| United Kingdom Government 1.25% 22-Jul-2027 | 1.59 |
| France Government 1.00% 25-May-2027 | 1.54 |
| Spain Government 1.40% 30-Jul-2028 | 1.50 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
RBC Short-Term Global Bond Fund Series A
Median
Other - Global Fixed Income
3 Yr Annualized
| Standard Deviation | 1.98% | 2.44% | - |
|---|---|---|---|
| Beta | 0.27 | 0.29 | - |
| Alpha | 0.02 | 0.00 | - |
| Rsquared | 0.47% | 0.54% | - |
| Sharpe | -0.36 | -0.92 | - |
| Sortino | -0.09 | -1.09 | - |
| Treynor | -0.03 | -0.08 | - |
| Tax Efficiency | 78.34% | - | - |
| Volatility |
|
|
- |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 1.50% | 1.98% | 2.44% | - |
| Beta | 0.19 | 0.27 | 0.29 | - |
| Alpha | 0.01 | 0.02 | 0.00 | - |
| Rsquared | 0.32% | 0.47% | 0.54% | - |
| Sharpe | -0.36 | -0.36 | -0.92 | - |
| Sortino | -0.86 | -0.09 | -1.09 | - |
| Treynor | -0.03 | -0.03 | -0.08 | - |
| Tax Efficiency | 68.74% | 78.34% | - | - |
Fund Details
| Start Date | March 29, 2021 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | - |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Quarterly |
| Assets ($mil) | $1,046 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| RBF340 |
Investment Objectives
To provide regular income by taking advantage of interest rate and currency fluctuations in world short-term fixed-income markets. The fund invests primarily in high-quality short-term fixed-income securities, denominated in foreign currencies and issued internationally by governments and their agencies around the world. The fund may also invest in fixed-income securities issued by Canadian and foreign corporations and supranational agencies like the World Bank.
Investment Strategy
To achieve the fund’s objectives, the portfolio manager: invests in short-term fixed-income securities of governments, their agencies, supranational organizations or companies throughout the world; selects securities based on fundamental economic analysis examining economic growth, inflation and the fiscal and monetary policy in each country; uses a disciplined approach to assess opportunities within four risk categories.
Portfolio Management
| Portfolio Manager |
RBC Global Asset Management Inc.
|
|---|---|
| Sub-Advisor |
RBC Global Asset Management (UK) Limited |
Management and Organization
| 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. |
Investment Minimums
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 500 |
| PAC Subsequent | 25 |
| SWP Allowed | Yes |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
Fees
| MER | 1.06% |
|---|---|
| Management Fee | 0.90% |
| 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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