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BlueBay Global High Yield Bond Fund (Canada) A
High Yield Fixed Income
Click for more information on Fundata’s FundGrade
FundGrade C
Click for more information on Fundata’s FundGrade.
|
NAVPS (05-13-2026) |
$8.29 |
|---|---|
| Change |
$0.00
(-0.04%)
|
As at April 30, 2026
As at March 31, 2026
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Legend
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Fund Returns
Inception Return (January 22, 2021): 1.98%
| Row Heading | Return | Annualized Return | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Mth | 3 Mth | 6 Mth | YTD | 1 Yr | 2 Yr | 3 Yr | 4 Yr | 5 Yr | 6 Yr | 7 Yr | 8 Yr | 9 Yr | 10 Yr | |
| Fund | 1.82% | -0.37% | 0.60% | 0.25% | 6.35% | 5.89% | 6.99% | 4.62% | 1.77% | - | - | - | - | - |
| Benchmark | -0.18% | 0.77% | -0.37% | 0.52% | 7.36% | 9.01% | 9.45% | 8.89% | 5.57% | 5.99% | 4.77% | 5.36% | 4.58% | 6.19% |
| Category Average | 1.50% | 0.42% | 1.42% | 0.95% | 6.83% | 6.69% | 6.46% | 4.71% | 2.66% | 4.65% | 3.31% | 3.36% | 3.18% | 3.77% |
| Category Rank | 29 / 247 | 224 / 246 | 196 / 244 | 194 / 245 | 125 / 241 | 169 / 237 | 106 / 231 | 153 / 228 | 201 / 222 | - | - | - | - | - |
| Quartile Ranking | 1 | 4 | 4 | 4 | 3 | 3 | 2 | 3 | 4 | - | - | - | - | - |
Monthly Return
| Return % | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.68% | 1.24% | 1.12% | 0.84% | 0.69% | 0.02% | -0.29% | 0.64% | 0.62% | -0.24% | -1.92% | 1.82% |
| Benchmark | 1.07% | 1.47% | 1.52% | 0.80% | 2.13% | 0.55% | -0.09% | -0.80% | -0.26% | 0.83% | 0.13% | -0.18% |
Best Monthly Return Since Inception
4.44% (July 2022)
Worst Monthly Return Since Inception
-6.65% (June 2022)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | -10.78% | 10.27% | 7.44% | 4.90% |
| Benchmark | 10.80% | 2.96% | 5.36% | 7.98% | 6.14% | 0.50% | -6.92% | 10.36% | 17.23% | 5.59% |
| Category Average | 9.58% | 5.34% | -2.63% | 9.49% | 5.35% | 3.21% | -10.00% | 8.59% | 7.12% | 5.98% |
| Quartile Ranking | - | - | - | - | - | - | 3 | 2 | 3 | 3 |
| Category Rank | - | - | - | - | - | - | 154/ 225 | 84/ 231 | 137/ 237 | 153/ 238 |
Best Calendar Return (Last 10 years)
10.27% (2023)
Worst Calendar Return (Last 10 years)
-10.78% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 41.94 |
| Canadian Corporate Bonds | 40.43 |
| Cash and Equivalents | 14.60 |
| Foreign Government Bonds | 3.02 |
| Other | 0.01 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 85.39 |
| Cash and Cash Equivalent | 14.61 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 83.26 |
| Europe | 13.95 |
| Latin America | 2.34 |
| Multi-National | 0.28 |
| Other | 0.17 |
Top Holdings
| Name | Percent |
|---|---|
| BlueBay $U.S. Global High Yield Bond Fund (Cda) O | 96.27 |
| Canadian Dollar | 2.80 |
| Bank of Montreal TD 2.150% Apr 01, 2026 | 2.79 |
| US Dollar | -1.86 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
BlueBay Global High Yield Bond Fund (Canada) A
Median
Other - High Yield Fixed Income
3 Yr Annualized
| Standard Deviation | 4.41% | 6.52% | - |
|---|---|---|---|
| Beta | 0.35 | 0.68 | - |
| Alpha | 0.04 | -0.02 | - |
| Rsquared | 0.12% | 0.41% | - |
| Sharpe | 0.73 | -0.14 | - |
| Sortino | 1.68 | -0.21 | - |
| Treynor | 0.09 | -0.01 | - |
| Tax Efficiency | 68.73% | - | - |
| Volatility |
|
|
- |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 3.54% | 4.41% | 6.52% | - |
| Beta | 0.28 | 0.35 | 0.68 | - |
| Alpha | 0.04 | 0.04 | -0.02 | - |
| Rsquared | 0.06% | 0.12% | 0.41% | - |
| Sharpe | 1.09 | 0.73 | -0.14 | - |
| Sortino | 1.40 | 1.68 | -0.21 | - |
| Treynor | 0.14 | 0.09 | -0.01 | - |
| Tax Efficiency | 66.05% | 68.73% | - | - |
Fund Details
| Start Date | January 22, 2021 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | - |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Quarterly |
| Assets ($mil) | $14 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| RBF345 |
Investment Objectives
To provide total returns comprised of interest income and modest capital appreciation. The fund invests primarily in units of other mutual funds managed by RBC GAM or an affiliate of RBC GAM (called the underlying funds), emphasizing mutual funds that invest in high yield debt securities issued by entities domiciled in or carrying out the majority of their business activities anywhere around the world while minimizing the exposure to currency fluctuations between foreign currencies and the CAD.
Investment Strategy
The fund invests its assets primarily in units of the BlueBay $U.S. Global High Yield Bond Fund (Canada), which is sub-advised by RBC Global Asset Management (UK) Limited and RBC Global Asset Management (U.S.) Inc. The fund may also invest in underlying funds managed by RBC GAM or an affiliate of RBC GAM. The fund also employs strategies to minimize the effect on the fund of currency fluctuations in the value of foreign currencies relative to the Canadian dollar.
Portfolio Management
| Portfolio Manager |
RBC Global Asset Management Inc.
|
|---|---|
| Sub-Advisor |
RBC Global Asset Management (UK) Limited RBC Global Asset Management (U.S.) Inc. |
Management and Organization
| Fund Manager |
RBC Global Asset Management Inc. |
|---|---|
| Custodian |
RBC Investor Services Trust (Canada) |
| Registrar |
Royal Bank of Canada RBC Global Asset Management Inc. RBC Investor Services Trust (Canada) |
| Distributor |
Royal Mutual Funds Inc. |
Investment Minimums
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | - |
| PAC Subsequent | - |
| SWP Allowed | Yes |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
Fees
| MER | 1.66% |
|---|---|
| Management Fee | 1.50% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | 0.75% |
| Trailer Fee Max (LL) | - |
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