The Globe and Mail

Returns as at April 30, 2013

	Fund	Group Avg	Index*
1 Month	0.52%	1.10%	1.10%
3 Months	0.17%	2.08%	2.12%
6 Months	1.85%	4.61%	4.63%
1 Year	8.40%	9.23%	9.30%
2 Year Avg	-	6.60%	6.29%
3 Year Avg	-	7.54%	7.04%
4 Year Avg	-	11.53%	11.17%
5 Year Avg	-	6.86%	6.54%
10 Year Avg	-	5.19%	5.47%
15 Year Avg	-	4.57%	4.36%
20 Year Avg	-	6.63%	-
Since Inception	-	-	-
2012	-	11.21%	11.05%
2011	-	2.81%	2.12%
2010	-	10.72%	10.16%
3 year risk	-	5.43	4.26
3 year beta	-	1.07	1.00

*Globe High Yield Fixed Income Peer Index

Growth of $10,000

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US Salomon Corp Bonds - US ($ Cdn) U.S. 30-Day Treasury Bills U.S. 30-Day Treasury Bills ($ Cdn) U.S. 91-Day Treasury Bills US 30-Day Money Market Yield Index US 30-Day Money Market Yield Index($Cdn) Wilshire 5000 ($ Cdn) Time period: Start date

Start Month: JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember Start Year: 20122013

End date

End Month: JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember End Year: 20132012

Risk Measures as at April 30, 2013

Best/Worst 12 months (since inception)

Best (ending Jan 13):	11.96
Worst (ending Mar 13):	8.39

Volatility meter (Based on 1 year standard deviation from GlobeInvestor.com)

Low  High

Fund Objectives

To provide total returns comprised of interest income and modest capital appreciation. The fund invests primarily in debt securities of corporations based in emerging market countries. The fund may also invest in government debt securities of emerging markets and developed countries.

Fund Facts

Fund Sponsor:	RBC Global Asset Management Inc.
Managed by:	BlueBay Asset Management Inc.
Fund Type:	MF Corp
Inception Date:	December 2011
Asset Class:	High Yield Fixed Income
Quartile Rank:	- (3YR ending April 30, 2013)
Total Assets:	N/A
Mgmt Exp. Ratio (MER):	2.13%
Management Fee:	1.70%
Load Type:	Optional

Globe 5-Star Rating:

RRSP Eligible:

Canadian

Min. Invest (initial):

$500

Subsequent:

$25

Min. Invest (initial RRSP):

$500

Subsequent RRSP:

$25

Closed:

No

Restricted:

No

Restriction:

 

 

Top Holdings as at December 31, 2012

Distribution Report (18 months up to May 22, 2013)

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 28, 2013	0.0818		0.0818	0.4524	10.654
Dec 21, 2012	0.0500	0.1800	0.2300	0.4164	10.745
Sep 28, 2012	0.0604		0.0604	0.1864	10.641
Jun 29, 2012	0.0802		0.0802	0.1260	10.259
Mar 30, 2012	0.0458		0.0458	0.0458	10.254

Portfolio Manager(s)

Anthony Robertson

BlueBay Asset Management Inc.

Start Date: January, 2012

Fund Return: 9.58%

Anthony Robertson is Senior Portfolio Manager and Head of High Yield and Distressed Debt Group. He has been in the Investment Industry since 1992.

Also manages:BlueBay Global Monthly Income Bond

View fund manager performance report

Tom Kreuzer

BlueBay Asset Management Inc.

Start Date: January, 2012

Fund Return: 9.58%

View fund manager performance report

Michael Reed

BlueBay Asset Management Inc.

Start Date: January, 2012

Fund Return: 9.58%

Michael joined BlueBay Asset Management LLP in October 2007 from Pendragon where, as a Partner, he ran the company�s convertible arbitrage strategies. Prior to that, he was a Managing Director at Salomon Brothers, responsible for international convertible bond trading from 1994 to 2002. Michael joined the Japanese Warrant Arbitrage desk at Salomon in 1989 and spent two years trading in Tokyo. Michael holds a B.Eng. from Southampton University.

Also manages:BlueBay Global Convertible Bd Fd A, BlueBay Global Monthly Income Bond

View fund manager performance report

David Dowsett

BlueBay Asset Management Inc.

Start Date: January, 2012

Fund Return: 9.58%

David Dowsett is Senior Portfolio Manager - Emerging Markets. He has been in the Investment Industry since 1993.

Also manages:BlueBay Global Monthly Income Bond

View fund manager performance report