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High Yield Fixed Income
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|
NAVPS (08-08-2025) |
$8.44 |
|---|---|
| Change |
$0.00
(0.01%)
|
As at June 30, 2025
As at May 31, 2025
Inception Return (January 22, 2021): 1.60%
| 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 | 1.24% | 1.61% | 1.79% | 1.79% | 7.16% | 8.62% | 7.49% | 1.27% | - | - | - | - | - | - |
| Benchmark | 1.47% | -0.66% | 1.39% | 1.39% | 11.51% | 12.96% | 12.81% | 5.35% | 5.30% | 5.02% | 5.27% | 5.04% | 5.83% | 5.88% |
| Category Average | 1.42% | 2.40% | 3.00% | 3.00% | 7.58% | 7.77% | 6.81% | 2.02% | 3.86% | 3.08% | 3.29% | 3.05% | 3.59% | 3.21% |
| Category Rank | 156 / 245 | 190 / 245 | 210 / 242 | 210 / 242 | 156 / 242 | 96 / 235 | 121 / 232 | 203 / 229 | - | - | - | - | - | - |
| Quartile Ranking | 3 | 4 | 4 | 4 | 3 | 2 | 3 | 4 | - | - | - | - | - | - |
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.75% | 1.34% | 1.42% | -0.03% | 0.80% | -0.11% | 0.86% | 0.73% | -1.39% | -1.29% | 1.68% | 1.24% |
| Benchmark | 2.95% | -0.48% | 2.00% | 2.26% | 0.82% | 2.08% | 1.94% | 0.36% | -0.24% | -3.14% | 1.07% | 1.47% |
4.44% (July 2022)
-6.65% (June 2022)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | - | -10.78% | 10.27% | 7.44% |
| Benchmark | 14.93% | 10.80% | 2.96% | 5.36% | 7.98% | 6.14% | 0.50% | -6.92% | 10.36% | 17.23% |
| Category Average | -2.71% | 9.58% | 5.34% | -2.63% | 9.49% | 5.35% | 3.21% | -10.00% | 8.59% | 7.12% |
| Quartile Ranking | - | - | - | - | - | - | - | 3 | 2 | 3 |
| Category Rank | - | - | - | - | - | - | - | 156/ 229 | 88/ 235 | 136/ 241 |
10.27% (2023)
-10.78% (2022)
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 80.92 |
| Cash and Equivalents | 9.25 |
| Foreign Government Bonds | 6.18 |
| Canadian Corporate Bonds | 3.55 |
| US Equity | 0.12 |
| Name | Percent |
|---|---|
| Fixed Income | 90.64 |
| Cash and Cash Equivalent | 9.25 |
| Telecommunications | 0.12 |
| Name | Percent |
|---|---|
| North America | 72.89 |
| Europe | 20.86 |
| Latin America | 3.97 |
| Multi-National | 0.88 |
| Other | 1.40 |
| Name | Percent |
|---|---|
| BlueBay $U.S. Global High Yield Bond Fund (Cda) O | 98.85 |
| Canadian Dollar | 0.85 |
| US Dollar | 0.30 |
BlueBay Global High Yield Bond Fund (Canada) A
Median
Other - High Yield Fixed Income
| Standard Deviation | 6.26% | - | - |
|---|---|---|---|
| Beta | 0.70% | - | - |
| Alpha | -0.01% | - | - |
| Rsquared | 0.30% | - | - |
| Sharpe | 0.55% | - | - |
| Sortino | 1.25% | - | - |
| Treynor | 0.05% | - | - |
| Tax Efficiency | 71.93% | - | - |
| Volatility |
|
- | - |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 3.72% | 6.26% | - | - |
| Beta | 0.37% | 0.70% | - | - |
| Alpha | 0.03% | -0.01% | - | - |
| Rsquared | 0.33% | 0.30% | - | - |
| Sharpe | 0.98% | 0.55% | - | - |
| Sortino | 1.74% | 1.25% | - | - |
| Treynor | 0.10% | 0.05% | - | - |
| Tax Efficiency | 70.26% | 71.93% | - | - |
| Start Date | January 22, 2021 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | - |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Quarterly |
| Assets ($mil) | $9 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| RBF345 |
To provide total returns comprised of interest income and modest capital appreciation. The fund invests primarily in units of other mutual funds managed by RBC GAM or an affiliate of RBC GAM (called the underlying funds), emphasizing mutual funds that invest in high yield debt securities issued by entities domiciled in or carrying out the majority of their business activities anywhere around the world while minimizing the exposure to currency fluctuations between foreign currencies and the CAD.
The fund invests its assets primarily in units of the BlueBay $U.S. Global High Yield Bond Fund (Canada), which is sub-advised by RBC Global Asset Management (UK) Limited and RBC Global Asset Management (U.S.) Inc. The fund may also invest in underlying funds managed by RBC GAM or an affiliate of RBC GAM. The fund also employs strategies to minimize the effect on the fund of currency fluctuations in the value of foreign currencies relative to the Canadian dollar.
| Portfolio Manager |
RBC Global Asset Management Inc.
|
|---|---|
| Sub-Advisor |
RBC Global Asset Management (UK) Limited RBC Global Asset Management (U.S.) Inc. |
| 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 | Yes |
| PAC Initial Investment | - |
| PAC Subsequent | - |
| SWP Allowed | Yes |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
| MER | 1.69% |
|---|---|
| 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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