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Fund Price: $10.51 (as at February 23, 2018)  1-day chg: $.0469 0.45%  YTD: 1.07%

Returns as at January 31, 2018

  Fund Group Avg Index*
1 Month 1.86% 0.39% 0.39%
3 Months -0.55% 0.43% 0.41%
6 Months 0.96% 1.51% 1.48%
1 Year 3.35% 4.80% 4.54%
2 Year Avg 4.02% 9.21% 8.49%
3 Year Avg 1.27% 4.04% 3.69%
4 Year Avg - 3.74% 3.41%
5 Year Avg - 3.74% 3.43%
10 Year Avg - 5.17% 4.87%
15 Year Avg - 5.23% 4.93%
20 Year Avg - 4.00% 4.13%
Since Inception 1.80% - -
 
2017 2.65% 5.32% 5.07%
2016 -1.38% 10.39% 9.63%
2015 1.93% -3.03% -2.75%
 
3 year risk 5.67 5.55 4.04
3 year beta 1.10 1.04 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 January 31, 2018

Best/Worst 12 months (since inception)
Best (ending Feb 17): 7.47 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Worst (ending Apr 16): -7.91 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: 6 High

Fund Objectives

To provide total returns comprised of interest income and modest capital appreciation. The Fund may achieve its investment objective by investing either directly in securities of issuers or indirectly through one or more underlying funds. The Fund currently invests substantially all of its assets in the RBC BlueBay Global Convertible Bond but may invest in a substantially similar underlying fund or in securities, in the future.

Fund Facts

Fund Sponsor: RBC Life Insurance Company
Managed by: RBC Global Asset Management Inc.
Fund Type: Seg
Inception Date: November 2014
Asset Class: High Yield Fixed Income
Quartile Rank: 4 (3YR ending January 31, 2018)
Total Assets: N/A
Mgmt Exp. Ratio (MER): 2.64%
Management Fee: 1.97%
Load Type: No Load
Globe 5-Star Rating:
RRSP Eligible:
Canadian
Min. Invest (initial):
-
Subsequent:
-
Min. Invest (initial RRSP):
-
Subsequent RRSP:
-
Closed:
No
Restricted:
No
Restriction:
 
 

Asset Allocation October 31, 2017

Bond Type October 31, 2017

Bond Term October 31, 2017

Top Holdings as at October 31, 2017

Symbol Company Name Sector Geographic
Area
Asset
Type
% of
Total Assets
  Performance as at February 23, 2018
1 Year Performance (%)
  Dish Network Corp 3.375% 15-Aug-2026 Bond 3.2   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Stein Fin Hldg 1.250% 21-Oct-2023 Bond 1.92   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Microchip Technology Inc 1.625% 15-Feb-2 Bond 1.9   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Citrix Systems Inc 0.500% 15-Apr-2019 Bond 1.66   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Tesla Motors Inc 1.250% 01-Mar-2021 Bond 1.57   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Yahoo! Inc 0.000% 01-Dec-2018 Bond 1.44   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Deutsche Wohnen AG 0.325% 26-Jul-2024 Bond 1.38   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Khazanah 0.000% 18-Sep-2021 Bond 1.34   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  On Semiconductor Corp 1.625% 15-Oct-2023 Bond 1.34   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)

Portfolio Manager(s)

Mike Reed, BlueBay Asset Management

RBC Global Asset Management Inc.

Start Date: November, 2014

Fund Return: 4.74%

Also manages:BlueBay Global conv bd (Cdn) A, BlueBay Global conv bd (Cdn) FT5, BlueBay Global conv bd (Cdn) O, BlueBay gbl conv bd Cl (Cdn) A, BlueBay gbl conv bd Cl (Cdn) Adv, BlueBay gbl conv bd Cl (Cdn) D, BlueBay gbl conv bd Cl (Cdn) F, BlueBay gbl conv bd Cl (Cdn) H, BlueBay gbl conv bd Cl (Cdn) I, BlueBay gbl conv bd Cl (Cdn) O

View fund manager performance report

Mike Reed, BlueBay Asset Management

BlueBay Asset Management Inc.

Start Date: November, 2014

Fund Return: 4.74%

Also manages:BlueBay Global conv bd (Cdn) A, BlueBay Global conv bd (Cdn) FT5, BlueBay Global conv bd (Cdn) T5, BlueBay Global conv bd (Cdn) Y5, BlueBay gbl conv bd Cl (Cdn) Adv T5, BlueBay gbl conv bd Cl (Cdn) FT5, BlueBay gbl conv bd Cl (Cdn) T5

View fund manager performance report