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RBC Emerging Markets Bond Fund Series A

Emerg Mkts Fixed Income

FundGrade A Click for more information on Fundata’s FundGrade

FundGrade A

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FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2020, 2019, 2018, 2017, 2016

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NAVPS
(06-14-2024)
$9.86
Change
-$0.01 (-0.12%)

As at May 31, 2024

As at March 31, 2024

Period
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Legend

RBC Emerging Markets Bond Fund Series A

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Fund Returns

Inception Return (August 23, 2010): 4.28%

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 0.72% 2.11% 6.53% 4.29% 11.65% 8.08% 1.05% 0.07% 0.21% 1.90% 0.75% 1.90% 2.51% 3.75%
Benchmark 0.96% 2.05% 6.14% 3.89% 10.10% 7.55% 0.13% -0.73% 0.06% 1.66% 0.78% 2.10% 2.88% 3.89%
Category Average 1.32% 5.22% 5.22% 2.64% 9.83% 6.25% 0.28% 1.30% 1.00% 1.62% - - - -
Category Rank 53 / 70 27 / 70 34 / 70 28 / 70 20 / 67 18 / 62 24 / 45 27 / 44 19 / 36 10 / 34 14 / 33 10 / 24 7 / 21 5 / 20
Quartile Ranking 4 2 2 2 2 2 3 3 3 2 2 2 2 1

Monthly Return

Monthly Return
Return % Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
Fund 0.16% 1.79% 0.70% -2.13% 0.84% 3.44% 2.15% 0.28% 1.85% 1.90% -0.51% 0.72%
Benchmark -0.50% 1.36% 1.10% -3.28% 1.39% 3.75% 2.16% -0.12% 1.93% 1.61% -0.53% 0.96%

Best Monthly Return Since Inception

10.24% (January 2015)

Worst Monthly Return Since Inception

-9.86% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 14.72% 17.43% 4.53% 0.83% 3.81% 6.97% 3.81% -4.32% -11.27% 8.43%
Benchmark 14.63% 18.71% 3.92% 4.16% 4.15% 7.03% 4.99% -4.38% -12.92% 7.92%
Category Average - - - - - 9.00% 3.99% -4.64% -9.10% 9.06%
Quartile Ranking 1 1 3 4 1 3 3 3 3 2
Category Rank 4/ 20 4/ 21 15/ 24 29/ 29 7/ 33 22/ 36 20/ 38 25/ 45 43/ 60 33/ 66

Best Calendar Return (Last 10 years)

17.43% (2015)

Worst Calendar Return (Last 10 years)

-11.27% (2022)

Asset Allocation

Asset Allocation
Name Percent
Foreign Government Bonds 91.96
Cash and Equivalents 8.01
Foreign Corporate Bonds 0.05
Other -0.02

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 91.99
Cash and Cash Equivalent 8.01

Geographic Allocation

Geographic Allocation
Name Percent
Latin America 35.83
Africa and Middle East 30.30
Asia 14.37
Europe 12.01
North America 7.52
Other -0.03

Top Holdings

Top Holdings
Name Percent
US Dollar 5.06
Oman Government 4.75% 15-Jun-2026 2.09
Oman Government 6.50% 08-Mar-2047 1.84
Saudi Arabia Government 4.50% 17-Apr-2030 1.69
Peru Government 8.75% 21-Nov-2033 1.68
Colombia Government 6.13% 18-Jan-2041 1.56
Philippines Government 7.75% 14-Jan-2031 1.54
United States Treasury 2.25% 15-Feb-2027 1.53
Dominican Republic Government 7.45% 30-Apr-2044 1.46
Petroleos Mexicanos 5.95% 28-Jan-2031 1.43

Equity Style

Equity style data not available

Fixed Income Style

Average Duration: M. Average Credit Quality: M.
Period: 

Risk vs Return (3 Yr)

RBC Emerging Markets Bond Fund Series A

Median

Other - Emerg Mkts Fixed Income

3 Yr Annualized

Standard Deviation 8.43% 8.84% 8.51%
Beta 0.92% 1.00% 1.00%
Alpha 0.01% 0.00% 0.00%
Rsquared 0.94% 0.91% 0.92%
Sharpe -0.18% -0.16% 0.31%
Sortino -0.25% -0.34% 0.18%
Treynor -0.02% -0.01% 0.03%
Tax Efficiency - - 54.06%
Volatility Volatility rating is 4 on a scale of 1 to 10 Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 4 on a scale of 1 to 10

Risk Rating

Rating 4 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 5.00% 8.43% 8.84% 8.51%
Beta 0.80% 0.92% 1.00% 1.00%
Alpha 0.03% 0.01% 0.00% 0.00%
Rsquared 0.95% 0.94% 0.91% 0.92%
Sharpe 1.27% -0.18% -0.16% 0.31%
Sortino 3.27% -0.25% -0.34% 0.18%
Treynor 0.08% -0.02% -0.01% 0.03%
Tax Efficiency 85.04% - - 54.06%

Fund Details

Start Date August 23, 2010
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) $1,720

Fund Codes

FundServ Code Load Code Sales Status
RBF497

Investment Objectives

To provide total returns comprised of interest income and capital growth while minimizing the exposure to currency fluctuations between foreign currencies and the Canadian dollar. The fund invests primarily in government debt securities of emerging market countries and may also invest in emerging market corporate bonds and government debt securities of developed countries.

Investment Strategy

It is currently expected that the fund will invest up to 100% of its net assets in units of the RBC Emerging Markets Bond Fund (the underlying fund). 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(s)

Name Start Date
David Nava 07-27-2021
RBC Global Asset Management (UK) Limited 06-27-2023

Management and Organization

Fund Manager RBC Global Asset Management Inc.
Advisor RBC Global Asset Management Inc.
Custodian RBC Investor Services Trust (Canada)
Registrar RBC Global Asset Management Inc.
Distributor Royal Mutual Funds Inc.
Auditor PriceWaterhouseCoopers LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 25
PAC Subsequent 25
SWP Allowed Yes
SWP Min Balance 10,000
SWP Min Withdrawal 100

Fees

MER 1.72%
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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