The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

AdChoices

Fund Price: $10.33 (as at June 27, 2016)  1-day chg: $-.0421 -0.41%  YTD: 6.16%

Returns as at May 31, 2016

  Fund Group Avg Index*
1 Month 0.38% 0.62% 0.62%
3 Months 5.40% 6.14% 6.09%
6 Months 3.53% 2.36% 2.19%
1 Year 0.95% -1.86% -2.02%
2 Year Avg 1.86% 0.13% 0.01%
3 Year Avg 3.01% 2.05% 1.62%
4 Year Avg 4.78% 3.82% 3.58%
5 Year Avg 5.15% 3.75% 3.23%
10 Year Avg 6.46% 4.59% 4.16%
15 Year Avg - 4.61% 4.54%
20 Year Avg - 4.29% 4.60%
Since Inception 6.19% - -
 
2015 -1.02% -2.62% -2.75%
2014 4.87% 3.12% 2.59%
2013 -0.35% 3.59% 3.45%
 
3 year risk 5.42 5.75 4.46
3 year beta 1.12 0.97 1.00

*Globe High Yield Fixed Income Peer Index

Growth of $10,000

This graph shows how a $10,000 investment in this fund would have changed in value compared with the Globe High Yield Fixed Income Peer Index.

Risk Measures as at May 31, 2016

Best/Worst 12 months (since inception)
Best (ending Nov 09): 37.41 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Worst (ending Nov 08): -18.00 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Volatility meter (Based on 3 year standard deviation from GlobeInvestor.com)
Low VOLATILITY METER: 5 High

Fund Objectives

To provide above-average total returns comprised of interest income and capital growth and achieve a yield advantage. The fund invests primarily in higher yielding corporate debt securities issued by U.S. corporations.

Fund Facts

Fund Sponsor: RBC Global Asset Management Inc.
Managed by: RBC Global Asset Management Inc.
Fund Type: MF Trust
Inception Date: July 2003
Asset Class: High Yield Fixed Income
Quartile Rank: 2 (3YR ending May 31, 2016)
Total Assets: N/A
Mgmt Exp. Ratio (MER): 1.78%
Management Fee: 1.50%
Load Type: No Load
Globe 5-Star Rating:
RRSP Eligible:
Canadian
Min. Invest (initial):
$500
Subsequent:
$25
Min. Invest (initial RRSP):
$500
Subsequent RRSP:
$50
Closed:
No
Restricted:
No
Restriction:
 
 

Asset Allocation February 29, 2016

Bond Type February 29, 2016

Bond Term February 29, 2016

Top Holdings as at February 29, 2016

Symbol Company Name Sector Geographic
Area
Asset
Type
% of
Total Assets
  Performance as at June 27, 2016
1 Year Performance (%)
  Bluebay Emerging Markets Corporate Bond Other 4.77   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Philippines 7.750% 14-Jan-2031 Bond 1.04   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  CCOH Safari, 5.75%, FEB/15/26 Bond 1.01   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Republic of Panama, 7.13%, JAN/29/26 Bond 0.97   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  U.S. Treasury, 2.50%, MAY/15/24 Bond 0.97   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  SPDR Barclays High Yield Bond ETF Other 0.96   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Codelco Inc, 3.88%, NOV/03/21 Bond 0.92   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Pemex Project FDG Master Trust, 6.63%, JUN/15/35 Bond 0.9   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Russian Fedrtn 4.875% 16-Sep-2023 Bond 0.86   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)

Distribution Report (18 months up to June 27, 2016)

Frequency of Income Distributions: Quarterly

Frequency of Capital Gain Distributions: Annually

Date Income Dividend Capital Gain Total (Current Period) Trailing 12-Months Total Reinvestment Price
Mar 31, 2016 0.1141 0.1141 0.4051 10.067
Dec 18, 2015 0.0850 0.0850 0.4187 9.783
Sep 30, 2015 0.1207 0.1207 0.4332 9.947
Jun 30, 2015 0.0853 0.0853 0.4207 10.377
Mar 31, 2015 0.1277 0.1277 0.4321 10.509

Portfolio Manager(s)

Frank Gambino MBA, CFA

RBC Global Asset Management Inc.

Start Date: July, 2003

Fund Return: 6.93%

Frank Gambino is a senior member of the RBC Global Asset Management corporate bond team with primary responsibility of managing the firm�s high-yield corporate bond investments across a number of fixed-income funds. A member of the Global Fixed Income Strategy Committee and chair of the Corporate Bond Strategy Committee, Frank pursues a team-based, value-focused, total-rate-of-return investment philosophy.

Also manages:RBC $U.S. High Yield Bd Advisor Srs, RBC $U.S. High Yield Bond Series D, RBC $U.S. High Yield Bond Series F, RBC $U.S. High Yield Bond Series H, RBC $U.S. High Yield Bond Series I, RBC US Monthly Inc Fd Advs Srs USD, RBC US Monthly Income Fund Srs A, RBC US Monthly Income Fund Srs D, RBC US Monthly Income Fund Srs F

View fund manager performance report

Jane Lesslie, CFA

RBC Global Asset Management Inc.

Start Date: July, 2003

Fund Return: 6.93%

Also manages:RBC Emerging Markets Bd Fd Srs I, RBC US Monthly Income Fund Srs A, RBC US Monthly Income Fund Srs D, RBC US Monthly Income Fund Srs F

View fund manager performance report

Frank Gambino, Jane Lesslie

RBC Global Asset Management Inc.

Start Date: July, 2003

Fund Return: 6.20%

Also manages:RBC Global High Yield Bond Series O

View fund manager performance report