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GlobeinvestorGOLD Canada's most comprehensive investment tool.

Fund Price: $10.76 (as at September 23, 2016)  1-day chg: $.0059 0.05%  YTD: 11.03%

Returns as at August 31, 2016

  Fund Group Avg Index*
1 Month 1.29% 1.44% 1.44%
3 Months 4.56% 4.36% 4.37%
6 Months 11.26% 10.93% 10.72%
1 Year 8.11% 5.49% 5.24%
2 Year Avg 4.00% 1.80% 1.72%
3 Year Avg 5.36% 4.20% 3.81%
4 Year Avg 4.83% 4.32% 3.83%
5 Year Avg 6.23% 5.12% 4.63%
10 Year Avg - 4.87% 4.42%
15 Year Avg - 4.85% 4.77%
20 Year Avg - 4.58% 4.68%
Since Inception 5.93% - -
 
2015 -1.38% -2.92% -2.75%
2014 3.36% 3.08% 2.59%
2013 3.86% 3.66% 3.45%
 
3 year risk 4.45 5.74 4.31
3 year beta 1.00 1.01 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 August 31, 2016

Best/Worst 12 months (since inception)
Best (ending Sep 12): 14.91 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Worst (ending Feb 16): -4.30 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: 4 High

Fund Objectives

To provide a high level of income with the potential for modest capital growth. The fund invests primarily in higher yielding corporate debt securities issued by Canadian and 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: October 2010
Asset Class: High Yield Fixed Income
Quartile Rank: 2 (3YR ending August 31, 2016)
Total Assets: $1,926.4 million
Mgmt Exp. Ratio (MER): 1.42%
Management Fee: 1.25%
Load Type: No Load
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:
 
 

Asset Allocation May 31, 2016

Bond Type May 31, 2016

Bond Term May 31, 2016

Top Holdings as at May 31, 2016

Symbol Company Name Sector Geographic
Area
Asset
Type
% of
Total Assets
  Performance as at September 23, 2016
1 Year Performance (%)
  SPDR Barclays High Yield Bond ETF Other 2.49   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Videotron Ltd 5.750% 15-Jan-2026 Bond 1.85   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Charter Com Oper 4.908% 23-Jul-2025 Bond 1.55   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Cco Holdings Llc 5.750% 15-Feb-2026 Bond 1.48   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Heinz, 4.88%, FEB/15/25 Bond 1.26   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Goodyear Tire & Rubber Co 5.000% 31-May- Bond 1.24   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Smithfield Foods, 6.63%, AUG/15/22 Bond 1.22   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  HCA Inc 5.875% 15-Feb-2026 Bond 1.2   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Williams Partners LP 4.875% 15-May-2023 Bond 1.19   - 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 September 23, 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
Jun 30, 2016 0.0980 0.0980 0.3973 10.415
Mar 31, 2016 0.1092 0.1092 0.4078 10.108
Dec 18, 2015 0.0800 0.0800 0.4632 9.794
Sep 30, 2015 0.1101 0.1101 0.4982 10.044
Jun 30, 2015 0.1085 0.1085 0.5204 10.452
Mar 31, 2015 0.1646 0.1646 0.5230 10.579

Portfolio Manager(s)

Efstathios Notidis, Frank Gambino

RBC Global Asset Management Inc.

Start Date: October, 2010

Fund Return: 5.94%

Also manages:RBC High Yield Bond Series O

View fund manager performance report