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High Yield Fixed Income
|
NAVPS (11-22-2024) |
$8.00 |
|---|---|
| Change |
$0.00
(-0.05%)
|
As at October 31, 2024
As at September 30, 2024
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Inception Return (January 22, 2021): 1.59%
| 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 | -0.01% | 3.04% | 6.38% | 7.42% | 16.55% | 10.54% | 2.11% | - | - | - | - | - | - | - |
| Benchmark | -0.89% | 2.87% | 7.21% | 7.75% | 17.22% | 13.17% | 1.96% | 3.61% | 3.53% | 4.37% | 3.61% | 4.44% | 4.97% | 4.15% |
| Category Average | -0.34% | 1.96% | 5.58% | 6.30% | 13.32% | 8.38% | 1.37% | 2.95% | 2.78% | 3.24% | 2.70% | 3.06% | 3.36% | 2.90% |
| Category Rank | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Quartile Ranking | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Return % | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 4.39% | 3.94% | 0.41% | 0.37% | 1.13% | -0.92% | 1.12% | 0.25% | 1.83% | 1.45% | 1.58% | -0.01% |
| Benchmark | 4.87% | 3.74% | 0.06% | 0.35% | 1.06% | -0.96% | 0.00% | 2.20% | 1.97% | 2.01% | 1.76% | -0.89% |
4.52% (July 2022)
-6.59% (June 2022)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | - | - | -11.19% | 11.76% |
| Benchmark | -0.09% | -4.17% | 14.77% | 10.20% | -3.35% | 13.73% | 8.03% | 1.37% | -13.23% | 13.41% |
| Category Average | 2.69% | -2.71% | 9.58% | 5.34% | -2.63% | 9.49% | 5.35% | 3.21% | -10.00% | 8.59% |
| Quartile Ranking | - | - | - | - | - | - | - | - | - | - |
| Category Rank | - | - | - | - | - | - | - | - | - | - |
11.76% (2023)
-11.19% (2022)
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 86.29 |
| Foreign Government Bonds | 6.24 |
| Canadian Corporate Bonds | 4.06 |
| Cash and Equivalents | 3.02 |
| Canadian Government Bonds | 0.37 |
| Other | 0.02 |
| Name | Percent |
|---|---|
| Fixed Income | 96.97 |
| Cash and Cash Equivalent | 3.03 |
| Name | Percent |
|---|---|
| North America | 69.07 |
| Europe | 24.33 |
| Latin America | 4.11 |
| Multi-National | 1.11 |
| Other | 1.38 |
| Name | Percent |
|---|---|
| MARGIN CASH - USD - HSBC FX COLL | 1.36 |
| CCO Holdings LLC 6.38% 01-Sep-2029 | 1.29 |
| Melco Resorts Finance Ltd 7.63% 17-Apr-2032 | 0.98 |
| CA Magnum Holdings 5.38% 31-Oct-2026 | 0.98 |
| Rocket Software Inc 9.00% 28-Nov-2028 | 0.98 |
| CI Financial Corp 7.50% 30-Apr-2029 | 0.98 |
| YPF SA 9.50% 17-Jan-2031 | 0.97 |
| VMED O2 UK Financing I PLC 7.75% 15-Apr-2032 | 0.96 |
| Banco de Credito e Inversiones SA 7.500% PERPETUAL | 0.93 |
| Domtar Corp 6.75% 01-Oct-2028 | 0.91 |
BlueBay $U.S. Global High Yield Bond Fund (Canada) Series A
Median
Other - High Yield Fixed Income
| Standard Deviation | 8.10% | - | - |
|---|---|---|---|
| Beta | 0.84% | - | - |
| Alpha | -0.03% | - | - |
| Rsquared | 0.48% | - | - |
| Sharpe | -0.13% | - | - |
| Sortino | -0.10% | - | - |
| Treynor | -0.01% | - | - |
| Tax Efficiency | - | - | - |
| Volatility |
|
- | - |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 5.37% | 8.10% | - | - |
| Beta | 0.24% | 0.84% | - | - |
| Alpha | 0.12% | -0.03% | - | - |
| Rsquared | 0.03% | 0.48% | - | - |
| Sharpe | 2.03% | -0.13% | - | - |
| Sortino | 10.46% | -0.10% | - | - |
| Treynor | 0.46% | -0.01% | - | - |
| Tax Efficiency | 85.93% | - | - | - |
| Start Date | January 22, 2021 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | - |
| Sales Status | Open |
| Currency | USD |
| Distribution Frequency | Quarterly |
| Assets ($mil) | $335 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| RBF344 |
> To provide total returns comprised of interest income and modest capital appreciation. The fund invests primarily in high yield debt securities issued by entities domiciled in or carrying out the majority of their business activities anywhere around the world. We will not change the fundamental investment objectives of the fund unless we have the consent of a majority of the voting unitholders of the fund to do so.
To achieve the fund’s objectives, the portfolio manager: invests the fund’s assets primarily in high yield debt securities, such as corporate bonds and loans, rated below investment grade (BB+ or below by Standard & Poor’s or an equivalent rating agency) of companies domiciled or carrying out the majority of their business activities anywhere around the world.
| Name | Start Date |
|---|---|
| RBC Global Asset Management Inc. | 01-14-2021 |
| RBC Global Asset Management (U.S.) Inc. | 09-27-2022 |
| RBC Global Asset Management (UK) Limited | 06-27-2023 |
| Fund Manager | RBC Global Asset Management Inc. |
|---|---|
| Advisor | RBC Global Asset Management Inc. |
| Custodian | RBC Investor Services Trust (Canada) |
| Registrar | Royal Bank of Canada |
| Distributor | Royal Mutual Funds Inc. |
| Auditor | PriceWaterhouseCoopers LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | - |
| PAC Subsequent | - |
| SWP Allowed | No |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
| MER | 1.68% |
|---|---|
| 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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