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RBC Target 2040 Education Fund Series A

2040 Target Date Portflio

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

NAVPS
(07-24-2025)
$12.99
Change
$0.00 (0.03%)

As at June 30, 2025

As at May 31, 2025

Period
Created with Highcharts 10.3.3Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Oct 2022Apr 2023Oct 2023Apr 2024Oct 2024Apr 2025$9,000$10,000$11,000$12,000$13,000$14,000$15,000Period

Legend

RBC Target 2040 Education Fund Series A

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Fund Returns

Inception Return (July 18, 2022): 12.37%

Fund Returns
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 2.47% 4.70% 4.81% 4.81% 12.37% 12.78% - - - - - - - -
Benchmark 3.03% 4.19% 3.86% 3.86% 14.13% 16.01% 15.62% 7.80% 9.74% 9.30% 8.68% 8.87% 9.42% 8.79%
Category Average - - - - - - - - - - - - - -
Category Rank 10 / 16 8 / 16 12 / 16 12 / 16 16 / 16 12 / 16 - - - - - - - -
Quartile Ranking 3 2 3 3 4 3 - - - - - - - -

Monthly Return

Created with Highcharts 10.3.3-4%-2%0%2%4%6%
Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 2.64% 0.39% 2.24% -0.22% 3.43% -1.40% 3.04% -0.29% -2.56% -1.65% 3.89% 2.47%
Benchmark 3.06% -0.02% 2.38% 0.42% 3.57% 0.16% 3.26% -0.48% -3.00% -2.54% 3.76% 3.03%

Best Monthly Return Since Inception

5.94% (November 2023)

Worst Monthly Return Since Inception

-3.21% (September 2022)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%30%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - - - - - - - 10.93% 15.51%
Benchmark 17.03% 3.66% 11.99% 0.72% 16.29% 12.17% 11.33% -12.03% 15.07% 21.57%
Category Average - - - - - - - - - -
Quartile Ranking - - - - - - - - 3 4
Category Rank - - - - - - - - 8/ 15 13/ 16

Best Calendar Return (Last 10 years)

15.51% (2024)

Worst Calendar Return (Last 10 years)

10.93% (2023)

Asset Allocation

Asset Allocation
Name Percent
US Equity 24.09
Canadian Equity 23.26
International Equity 20.34
Canadian Bonds - Funds 11.43
Canadian Government Bonds 8.78
Other 12.10

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 27.79
Financial Services 16.94
Technology 14.16
Consumer Services 5.42
Energy 5.18
Other 30.51

Geographic Allocation

Geographic Allocation
Name Percent
North America 79.02
Europe 10.81
Asia 9.00
Latin America 0.92
Africa and Middle East 0.22
Other 0.03

Top Holdings

Top Holdings
Name Percent
RBC Bond Fund Series O 17.34
RBC Canadian Equity Fund Series O 12.11
RBC High Yield Bond Fund Series O 11.43
RBC European Equity Fund Series O 9.98
RBC U.S. Equity Fund Series O 7.43
RBC Private U.S. Large-Cap Core Equity Pool O 7.43
PH&N U.S. Multi-Style All-Cap Equity Fund Series O 5.40
RBC Canadian Dividend Fund Series O 5.05
PH&N Canadian Growth Fund Series O 5.03
RBC U.S. Mid-Cap Growth Equity Fund Series O 5.01

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Average Duration: M. Average Credit Quality: M.

Risk vs Return (3 Yr)

3 Yr Annualized

Standard Deviation - - -
Beta - - -
Alpha - - -
Rsquared - - -
Sharpe - - -
Sortino - - -
Treynor - - -
Tax Efficiency - - -
Volatility - - -

Risk Rating

Rating  out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 7.67% - - -
Beta 0.90% - - -
Alpha 0.00% - - -
Rsquared 0.93% - - -
Sharpe 1.12% - - -
Sortino 2.34% - - -
Treynor 0.10% - - -
Tax Efficiency 90.10% - - -

Fund Details

Start Date July 18, 2022
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $153

Fund Codes

FundServ Code Load Code Sales Status
RBF276

Investment Objectives

This fund is an asset allocation fund specifically designed to meet the changing needs of investors who are saving money for the purpose of funding a post-secondary education that commences around 2040. The fund gradually shifts its asset mix from an emphasis on equity funds, in its early years, to an emphasis on money market funds as its “target” date (2040) approaches.

Investment Strategy

The underlying funds are managed by RBC GAM or an affiliate of RBC GAM. The portfolio manager uses an asset allocation strategy as the principal investment strategy (see About the asset allocation strategy).

Portfolio Management

Portfolio Manager

RBC Global Asset Management Inc.

  • Sarah Riopelle
Sub-Advisor

-

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 No
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 1.96%
Management Fee 1.70%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 1.00%
Trailer Fee Max (LL) -

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