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Fund Price: $19.85 (as at January 19, 2018)  1-day chg: $.0104 0.05%  YTD: -0.17%

Returns as at December 31, 2017

  Fund Group Avg Index*
1 Month -0.52% -0.36% -0.36%
3 Months 0.45% 1.47% 1.47%
6 Months -0.09% -0.08% -0.13%
1 Year 0.89% 1.81% 1.80%
2 Year Avg 2.03% 1.71% 1.62%
3 Year Avg 2.55% 1.37% 1.40%
4 Year Avg 4.65% 2.55% 2.63%
5 Year Avg 3.69% 1.76% 1.71%
10 Year Avg - 3.36% 3.58%
15 Year Avg - 3.50% 3.76%
20 Year Avg - 4.10% 4.08%
Since Inception 3.58% - -
 
2017 0.89% 1.81% 1.80%
2016 3.18% 1.62% 1.44%
2015 3.59% 0.84% 0.97%
 
3 year risk 2.93 4.04 3.37
3 year beta 0.78 0.99 1.00

*Globe Canadian 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 Canadian Fixed Income Peer Index.

Risk Measures as at December 31, 2017

Best/Worst 12 months (since inception)
Best (ending Jan 15): 11.39 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Worst (ending Feb 16): -0.82 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: 3 High

Fund Objectives

The investment objective of the fund is to provide income, for a limited period of time ending on the funds termination date, by replicating, to the extent possible, the investment results that correspond generally to the performance, before the funds fees and expenses, of the FTSE TMX Canada 2021 Maturity Corporate Bond Index.* The fund expects to primarily use an index replication strategy to track as closely as possible the performance of the index. However, the fund may use a sampling strategy to achieve its objective, if such an approach is appropriate. It is anticipated that the fund will terminate on or about November 30, 2021.

Fund Facts

Fund Sponsor: RBC Global Asset Management Inc.
Managed by: RBC Global Asset Management Inc.
Fund Type: MF Trust
Inception Date: October 2012
Asset Class: Canadian Fixed Income
Quartile Rank: 1 (3YR ending December 31, 2017)
Total Assets: $122.3 million
Mgmt Exp. Ratio (MER): 0.28%
Management Fee: 0.25%
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 December 31, 2017

Bond Type December 31, 2017

Bond Term December 31, 2017

Top Holdings as at December 31, 2017

Symbol Company Name Sector Geographic
Area
Asset
Type
% of
Total Assets
  Performance as at January 19, 2018
1 Year Performance (%)
  Royal Bank of Canada, 1.58%, SEP/13/21 Bond 6.41   -3.11 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Ford Credit Canada, 2.58%, MAY/10/21 Bond 5.71   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  National Bank of Canada, 1.81%, JUL/26/21 Bond 5.63   -3.18 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  HSBC Bank Canada, 2.91%, SEP/29/21 Bond 5.37   -0.16 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Thomson Reuters, 3.31%, NOV/12/21 Bond 4.32   1.25 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Bank of Montreal, 3.40%, APR/23/21 Bond 4.11   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  TransCanada Pipelines, 3.65%, NOV/15/21 Bond 4.02   -0.87 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Rogers Communications Inc 5.340% 22-Mar- Bond 3.97   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Capital Desjardins INC., 4.95%, DEC/15/26 Bond 3.86   -0.33 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Daimler Ag, 1.91%, JUL/08/21 Bond 3.76   -2.79 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 January 19, 2018)

Frequency of Income Distributions: Monthly

Frequency of Capital Gain Distributions: Annually

Date Income Dividend Capital Gain Total (Current Period) Trailing 12-Months Total Reinvestment Price
Dec 28, 2017 0.0500 0.0500 0.5330 19.881
Nov 23, 2017 0.0450 0.0450 0.5310 20.025
Oct 25, 2017 0.0450 0.0450 0.5350 19.982
Sep 25, 2017 0.0420 0.0420 0.5410 19.883
Aug 22, 2017 0.0470 0.0470 0.5500 20.061
Jul 21, 2017 0.0470 0.0470 0.5550 20.079
Jun 22, 2017 0.0470 0.0470 0.5620 20.327
May 24, 2017 0.0420 0.0420 0.5680 20.464
Apr 21, 2017 0.0420 0.0420 0.5800 20.488
Mar 22, 2017 0.0420 0.0420 0.5870 20.362
Feb 22, 2017 0.0420 0.0420 0.5940 20.347
Jan 23, 2017 0.0420 0.0420 0.6010 20.289
Dec 28, 2016 0.0480 0.0480 0.6080 20.192
Nov 30, 2016 0.0490 0.0490 0.6110 20.311
Oct 21, 2016 0.0510 0.0510 0.6180 20.552
Sep 22, 2016 0.0510 0.0510 0.6320 20.510
Aug 23, 2016 0.0520 0.0520 0.6320 20.521
Jul 21, 2016 0.0540 0.0540 0.6350 20.457

Portfolio Manager(s)

RBC Global Investment Mgmt - Mgmt. Team

RBC Global Asset Management Inc.

Start Date: October, 2012

Fund Return: 3.65%

Also manages:RBC Target 2017 Corporate Bond ETF, RBC Target 2018 Corporate Bond ETF, RBC Target 2019 Corporate Bond ETF, RBC Target 2020 Corporate Bond ETF

View fund manager performance report