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Cdn Short Term Fixed Inc
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|
NAVPS (12-20-2024) |
$10.47 |
|---|---|
| Change |
$0.02
(0.15%)
|
As at November 30, 2024
As at October 31, 2024
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Inception Return (January 27, 1992): 3.43%
| 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 | 0.56% | 1.50% | 4.13% | 4.85% | 6.50% | 4.77% | 1.64% | 0.70% | 1.46% | 1.77% | 1.45% | 1.24% | 1.20% | 1.18% |
| Benchmark | 0.48% | 1.44% | 4.29% | 5.23% | 6.79% | 5.10% | 2.06% | 1.30% | 1.98% | 2.31% | 2.07% | 1.89% | 1.84% | 1.88% |
| Category Average | 0.57% | 1.44% | 3.95% | 4.94% | 6.64% | 4.84% | 1.79% | 1.14% | 1.69% | 1.97% | 1.68% | 1.54% | 1.49% | 1.37% |
| Category Rank | 188 / 324 | 211 / 321 | 186 / 312 | 214 / 280 | 192 / 280 | 189 / 261 | 185 / 247 | 193 / 234 | 181 / 228 | 168 / 217 | 162 / 202 | 151 / 183 | 147 / 178 | 132 / 165 |
| Quartile Ranking | 3 | 3 | 3 | 4 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Return % | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.57% | -0.16% | 0.05% | 0.44% | -0.45% | 0.83% | 0.68% | 1.46% | 0.43% | 1.30% | -0.36% | 0.56% |
| Benchmark | 1.48% | -0.13% | 0.05% | 0.53% | -0.40% | 0.86% | 0.79% | 1.36% | 0.63% | 1.26% | -0.30% | 0.48% |
3.21% (November 1993)
-3.00% (March 1994)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.09% | 1.38% | 0.31% | -0.62% | 0.80% | 2.37% | 4.99% | -1.97% | -4.77% | 4.84% |
| Benchmark | 3.01% | 2.56% | 0.90% | 0.27% | 1.89% | 2.98% | 5.17% | -0.92% | -3.98% | 4.92% |
| Category Average | 1.73% | 0.55% | 0.85% | 0.42% | 0.53% | 2.93% | 4.36% | -0.83% | -4.45% | 4.84% |
| Quartile Ranking | 3 | 3 | 4 | 4 | 3 | 4 | 2 | 4 | 3 | 3 |
| Category Rank | 94/ 145 | 92/ 165 | 146/ 178 | 157/ 183 | 133/ 203 | 173/ 218 | 103/ 228 | 226/ 234 | 167/ 248 | 153/ 261 |
4.99% (2020)
-4.77% (2022)
| Name | Percent |
|---|---|
| Canadian Corporate Bonds | 47.94 |
| Canadian Government Bonds | 41.23 |
| Cash and Equivalents | 10.01 |
| Mortgages | 0.42 |
| Canadian Bonds - Other | 0.40 |
| Name | Percent |
|---|---|
| Fixed Income | 89.99 |
| Cash and Cash Equivalent | 10.00 |
| Other | 0.01 |
| Name | Percent |
|---|---|
| North America | 100.00 |
| Name | Percent |
|---|---|
| Canada Government 3.50% 01-Mar-2028 | 3.06 |
| Canada Government 3.25% 01-Sep-2028 | 3.03 |
| Canada Government 1.25% 01-Mar-2027 | 2.65 |
| Ontario Province 2.60% 02-Jun-2027 | 2.62 |
| Canada Government 3.50% 01-Sep-2029 | 2.08 |
| Ontario Province 2.40% 02-Jun-2026 | 1.98 |
| Quebec Province 2.50% 01-Sep-2026 | 1.86 |
| Canada Government 2.75% 01-Sep-2027 | 1.72 |
| Canada Government 4.00% 01-Mar-2029 | 1.60 |
| Ontario Province 1.05% 08-Sep-2027 | 1.60 |
RBC Canadian Short-Term Income Fund Series A
Median
Other - Cdn Short Term Fixed Inc
| Standard Deviation | 3.03% | 2.68% | 2.13% |
|---|---|---|---|
| Beta | 1.05% | 1.08% | 1.05% |
| Alpha | -0.01% | -0.01% | -0.01% |
| Rsquared | 0.98% | 0.97% | 0.97% |
| Sharpe | -0.62% | -0.30% | -0.20% |
| Sortino | -0.56% | -0.72% | -1.03% |
| Treynor | -0.02% | -0.01% | 0.00% |
| Tax Efficiency | 56.23% | 57.26% | 49.14% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 2.37% | 3.03% | 2.68% | 2.13% |
| Beta | 1.06% | 1.05% | 1.08% | 1.05% |
| Alpha | -0.01% | -0.01% | -0.01% | -0.01% |
| Rsquared | 0.99% | 0.98% | 0.97% | 0.97% |
| Sharpe | 0.77% | -0.62% | -0.30% | -0.20% |
| Sortino | 3.23% | -0.56% | -0.72% | -1.03% |
| Treynor | 0.02% | -0.02% | -0.01% | 0.00% |
| Tax Efficiency | 86.30% | 56.23% | 57.26% | 49.14% |
| Start Date | January 27, 1992 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $7,183 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| RBF264 |
The objective of the fund is to provide a competitive level of monthly income by investing in short-term fixed-income assets. The fund invests primarily in short-term, high-quality fixed-income securities issued or guaranteed by Canadian federal, provincial or municipal governments and corporations, asset-backed securities and corporate bonds.
To achieve the fund’s objectives, the portfolio manager: selects maturities based on both economic fundamentals and capital market developments; invests the portion of the fund allocated to corporate bonds in securities with an average rating of A or higher by DBRS Ltd. or the equivalent rating as defined by other recognized rating agencies.
| Name | Start Date |
|---|---|
| Walter Posiewko | 07-19-2000 |
| 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 |
| 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 |
| MER | 1.04% |
|---|---|
| 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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