Based on the four asset class categories, RBC's actively managed team underperformed the indexed products by 1.16 per cent per year. On a $10,000 investment equally allocated across each fund category, the indexes would have beaten the actively managed products by $1,222, or 12.2 per cent overall.
Did Canada's other large fund companies do any better? In this occasional series, we will find out.
RBC vs. comparable indexed products
| Fund | Expense Ratio % | 10-yr Avg Rtn % |
|---|---|---|
| Fixed Income | ||
| RBC Bond Fund | 1.22 | 4.30 |
| iShares XBB-DEX Universe Bond Index | 0.33 | 4.87 |
| TD e-Series Canadian Bond Index | 0.50 | 4.57 |
| Canadian Equity | ||
| RBC Canadian Equity | 2.07 | 6.50 |
| RBC O’Shaughnessy Canadian Equity | 1.55 | 7.80 |
| iShares XIC S&P/TSX Capped Composite Index | 0.27 | 7.89 |
| TD e-Series Canadian Equity Index | 0.33 | 7.63 |
| U.S. Equity | ||
| RBC U.S. Equity | 2.11 | 2.70 |
| iShares S&P 500 Index (XSP) | 0.25 | 4.86 |
| TD e-Series U.S. Index Fund | 0.35 | 4.54 |
| International Equity | ||
| RBC International Equity | 2.27 | 2.30 |
| iShares MSCI EAFE Index | 0.50 | 3.29 |
| TD e-Series International Index | 0.51 | 4.53 |