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BlueBay Global Monthly Income Bond Fund Series A

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High Yield Fixed Income

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

NAVPS
(12-20-2024) 		$8.13
Change
$0.01 (0.12%)

As at November 30, 2024

As at October 31, 2024

Period
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Legend

BlueBay Global Monthly Income Bond Fund Series A

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Fund Returns

Inception Return (July 11, 2011): 2.98%

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 1.20% 2.49% 5.85% 6.50% 9.87% 8.04% 1.72% 0.93% 2.39% 3.59% 2.46% 3.06% 3.09% 2.46%
Benchmark 0.82% 5.17% 9.67% 14.84% 15.87% 12.91% 5.71% 4.51% 4.92% 5.53% 4.90% 5.16% 5.85% 6.42%
Category Average 1.12% 2.01% 5.52% 7.49% 10.61% 7.81% 1.98% 2.44% 2.94% 3.57% 2.87% 3.33% 3.63% 3.03%
Category Rank 100 / 304 95 / 304 134 / 302 242 / 302 229 / 302 191 / 296 217 / 287 245 / 278 218 / 272 172 / 260 185 / 237 159 / 225 171 / 199 158 / 183
Quartile Ranking 2 2 2 4 4 3 4 4 4 3 4 3 4 4

Monthly Return

Monthly Return
Return % Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov
Fund 3.17% -0.48% 0.39% 1.09% -1.44% 1.08% 0.14% 1.78% 1.33% 1.79% -0.50% 1.20%
Benchmark 0.89% 1.39% 1.87% 0.83% 0.55% 0.00% 1.79% 2.95% -0.48% 2.00% 2.26% 0.82%

Best Monthly Return Since Inception

4.92% (May 2020)

Worst Monthly Return Since Inception

-11.79% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 3.04% -2.67% 5.84% 5.62% -3.33% 11.00% 9.31% -2.75% -10.46% 9.30%
Benchmark 8.91% 14.93% 10.80% 2.96% 5.36% 7.98% 6.14% 0.50% -6.92% 10.36%
Category Average 2.69% -2.71% 9.58% 5.34% -2.63% 9.49% 5.35% 3.21% -10.00% 8.59%
Quartile Ranking 3 2 4 2 3 2 1 4 3 2
Category Rank 105/ 171 89/ 183 188/ 199 79/ 227 161/ 238 110/ 263 22/ 273 278/ 278 184/ 287 145/ 296

Best Calendar Return (Last 10 years)

11.00% (2019)

Worst Calendar Return (Last 10 years)

-10.46% (2022)

Asset Allocation

Asset Allocation
Name Percent
Foreign Corporate Bonds 49.66
Foreign Government Bonds 33.72
Cash and Equivalents 9.61
Foreign Bonds - Other 5.08
Canadian Corporate Bonds 1.32
Other 0.61

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 90.07
Cash and Cash Equivalent 9.61
Energy 0.12
Basic Materials 0.03
Consumer Goods 0.02
Other 0.15

Geographic Allocation

Geographic Allocation
Name Percent
North America 45.11
Europe 24.57
Latin America 13.52
Africa and Middle East 7.21
Asia 5.74
Other 3.85

Top Holdings

Top Holdings
Name Percent
MARGIN CASH - CAD - CITI NON CLEARED COLL 3.34
Canadian Dollar 3.12
South Africa Government 8.50% 31-Jan-2037 0.91
Brazil Government 10.00% 01-Jan-2031 0.89
International Bank Recon Dvlpt 2.72% 16-Aug-2034 0.75
South Africa Government 8.25% 31-Mar-2032 0.71
Colombia Government 13.25% 09-Feb-2033 0.64
Samarco Mineracao SA 9.00% 30-Jun-2031 0.63
Indonesia Government 7.13% 15-Jun-2038 0.61
Malaysia Government 4.64% 07-Nov-2033 0.59

Equity Style

Equity style data not available

Fixed Income Style

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

Risk vs Return (3 Yr)

BlueBay Global Monthly Income Bond Fund Series A

Median

Other - High Yield Fixed Income

3 Yr Annualized

Standard Deviation 7.27% 9.03% 7.03%
Beta 0.77% 0.94% 0.59%
Alpha -0.03% -0.02% -0.01%
Rsquared 0.51% 0.56% 0.34%
Sharpe -0.22% 0.05% 0.15%
Sortino -0.19% -0.03% -0.06%
Treynor -0.02% 0.01% 0.02%
Tax Efficiency - 18.13% 25.35%
Volatility Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 3 on a scale of 1 to 10

Risk Rating

Rating 3 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 4.32% 7.27% 9.03% 7.03%
Beta -0.05% 0.77% 0.94% 0.59%
Alpha 0.10% -0.03% -0.02% -0.01%
Rsquared 0.00% 0.51% 0.56% 0.34%
Sharpe 1.16% -0.22% 0.05% 0.15%
Sortino 3.28% -0.19% -0.03% -0.06%
Treynor -0.98% -0.02% 0.01% 0.02%
Tax Efficiency 79.01% - 18.13% 25.35%

Fund Details

Start Date July 11, 2011
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $2,357

Fund Codes

FundServ Code Load Code Sales Status
RBF494

Investment Objectives

> To provide a high regular monthly income. > To provide total returns comprised of interest income and modest capital appreciation. The fund invests primarily in global high yield debt securities, emerging market government and corporate debt securities, and global convertible bonds either directly or indirectly through investment in other mutual funds managed by RBC GAM or an affiliate of RBC GAM. We will not change

Investment Strategy

To achieve the fund’s objectives, the portfolio manager: allocates the fund’s assets across global high yield debt, emerging market debt, and global convertible bonds.

Portfolio Manager(s)

Name Start Date
RBC Global Asset Management Inc. 07-11-2011
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 Royal Bank of Canada
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 1.77%
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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