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Cdn Corp Fixed Income
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|
NAVPS (11-22-2024) |
$10.47 |
|---|---|
| Change |
$0.02
(0.23%)
|
As at October 31, 2024
As at September 30, 2024
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Inception Return (July 18, 2022): 5.45%
| 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 | -0.54% | 1.67% | 6.19% | 4.98% | 12.51% | 7.19% | - | - | - | - | - | - | - | - |
| Benchmark | -0.41% | 2.08% | 6.64% | 5.45% | 12.99% | 7.77% | 1.49% | 0.88% | 1.92% | 3.14% | 2.68% | 2.56% | 2.96% | 2.96% |
| Category Average | -0.56% | 1.79% | 6.37% | 5.24% | 12.76% | 7.49% | 0.99% | 0.59% | 1.45% | 2.51% | - | - | - | - |
| Category Rank | 60 / 106 | 92 / 106 | 80 / 102 | 76 / 95 | 65 / 95 | 70 / 90 | - | - | - | - | - | - | - | - |
| Quartile Ranking | 3 | 4 | 4 | 4 | 3 | 4 | - | - | - | - | - | - | - | - |
| Return % | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 3.78% | 3.27% | -0.67% | 0.22% | 0.56% | -1.24% | 1.32% | 0.93% | 2.13% | 0.19% | 2.03% | -0.54% |
| Benchmark | 3.64% | 3.39% | -0.70% | 0.25% | 0.60% | -1.26% | 1.47% | 0.98% | 1.96% | 0.45% | 2.04% | -0.41% |
3.78% (November 2023)
-2.00% (August 2022)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | - | - | - | 7.53% |
| Benchmark | 7.44% | 2.74% | 3.59% | 3.48% | 0.96% | 8.01% | 8.57% | -1.32% | -10.12% | 8.32% |
| Category Average | - | - | - | - | - | 7.34% | 7.62% | -1.82% | -10.25% | 7.57% |
| Quartile Ranking | - | - | - | - | - | - | - | - | - | 3 |
| Category Rank | - | - | - | - | - | - | - | - | - | 63/ 91 |
7.53% (2023)
7.53% (2023)
| Name | Percent |
|---|---|
| Canadian Corporate Bonds | 90.82 |
| Cash and Equivalents | 3.84 |
| Canadian Government Bonds | 3.21 |
| Canadian Equity | 1.17 |
| Canadian Bonds - Other | 0.40 |
| Other | 0.56 |
| Name | Percent |
|---|---|
| Fixed Income | 95.00 |
| Cash and Cash Equivalent | 3.84 |
| Financial Services | 0.89 |
| Utilities | 0.19 |
| Energy | 0.09 |
| Other | -0.01 |
| Name | Percent |
|---|---|
| North America | 100.00 |
| Name | Percent |
|---|---|
| Canada Government 2.75% 01-Jun-2033 | 1.22 |
| Toronto-Dominion Bank 1.89% 08-Mar-2028 | 1.04 |
| Bank of Nova Scotia 2.95% 08-Mar-2027 | 0.80 |
| Enbridge Inc 3.10% 21-Jun-2033 | 0.70 |
| CU Inc 4.09% 02-Mar-2044 | 0.67 |
| National Bank of Canada TD 4.200% Oct 01, 2024 | 0.67 |
| Rogers Communications Inc 6.11% 25-Feb-2040 | 0.66 |
| Hydro One Inc 6.03% 03-Mar-2039 | 0.63 |
| Altalink LP 3.72% 03-Dec-2046 | 0.63 |
| Bank of Montreal 4.31% 01-May-2027 | 0.62 |
| Standard Deviation | - | - | - |
|---|---|---|---|
| Beta | - | - | - |
| Alpha | - | - | - |
| Rsquared | - | - | - |
| Sharpe | - | - | - |
| Sortino | - | - | - |
| Treynor | - | - | - |
| Tax Efficiency | - | - | - |
| Volatility | - | - | - |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 5.43% | - | - | - |
| Beta | 1.02% | - | - | - |
| Alpha | -0.01% | - | - | - |
| Rsquared | 0.99% | - | - | - |
| Sharpe | 1.35% | - | - | - |
| Sortino | 4.67% | - | - | - |
| Treynor | 0.07% | - | - | - |
| Tax Efficiency | 89.49% | - | - | - |
| Start Date | July 18, 2022 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | - |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| RBF320 |
The objective of the fund is to provide long-term returns consisting primarily of interest income and moderate capital growth. The fund invests primarily in investment grade fixed-income securities issued by Canadian corporations. It may also hold similar securities of U.S. corporations. We will not change the fundamental investment objectives of the fund unless we have the consent of a majority of the unitholders of the fund to do so.
To achieve the fund’s objectives, the portfolio manager: uses a disciplined approach to assess opportunities within five risk categories: – overall direction of interest rates in Canada, the United States and other major economies, –expected changes in interest rate spreads between different segments of the bond market (for instance, between corporate bonds and government bonds or among different corporate bonds)
| Name | Start Date |
|---|---|
| Marty Balch | 07-12-2022 |
| 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 | 1.07% |
|---|---|
| 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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