Investment objective

To provide a high regular monthly income with a potential for modest capital appreciation. To provide relatively tax efficient distributions consisting primarily of interest income and, to a lesser degree, dividend income, realized capital gains and a return of capital. The portfolio invests primarily in units of other funds managed by RBC GAM or an affiliate of RBC GAM (called the underlying funds), emphasizing mutual funds whose investment objective is to generate income.

  • Fund Category Balanced Funds & Portfolio Solutions
  • Inception Date Jul 02, 2008
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Fund details

Series
Currency
Fund code
MER * (%)
F CAD 35019 0.74%

Portfolio analysis As of Mar 31, 2025

32% 68%
Equity Fixed Income

Asset mix

Equity Sector Allocation
Fixed Income Breakdown
Financials32.2%
Information Technology12.2%
Industrials11.9%
Energy11.8%
Consumer Staples5.6%
Communication Services5.3%
Consumer Discretionary5.2%
Materials4.9%
Health Care4.3%
Utilities4.3%
Real Estate2.3%
Corporate Bonds58.6%
Government Bonds40.4%
Other Bonds1.4%
ST Investments (Cash & Other)-0.3%
Top 10 Holdings
% Assets
RBC Bond Fund - Series O 18.8%
RBC Global Corporate Bond Fund - Series O 17.4%
RBC Canadian Short-Term Income Fund - Series O 15.7%
RBC Monthly Income Fund - Series O 15.3%
Phillips, Hager & North Canadian Income Fund - Series O 7.2%
RBC Canadian Dividend Fund - Series O 6.6%
Phillips, Hager & North U.S. Multi-Style All-Cap Equity Fund - Series O 5.2%
RBC QUBE U.S. Equity Fund - Series O 5.0%
RBC Global High Yield Bond Fund - Series O 4.3%
RBC Canadian Core Real Estate Fund - Series N 2.2%
Total % of Top 10 Holdings 97.7%

Geographic allocation

Region

Performance analysis

Growth of $10,000 since inception

Calendar returns

Trailing return

1 Mth 3 Mth 6 Mth 1 year 3 years 5 years 10 years Since Inception
-0.7 -1.3 1.6 9.6 5.7 5.5 4.5 5.0 Fund

Distribution ($)/unit

YTD* 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Total distributions 0.16 0.46 0.44 0.51 0.49 0.49 0.46 0.49 0.49 0.48 0.50
Interest --- 0.12 0.09 0.07 0.03 0.06 0.07 0.06 0.05 0.05 0.08
Canadian dividends --- 0.06 0.06 0.06 0.07 0.08 0.07 0.06 0.06 0.07 0.07
Foreign dividends --- 0.01 0.01 0.02 0.02 0.02 0.01 0.01 0.01 0.02 0.01
Foreign taxes paid --- 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Capital gains --- 0.17 0.11 0.23 0.29 0.02 0.01 0.14 0.07 0.02 0.22
Return of capital --- 0.10 0.16 0.13 0.09 0.32 0.29 0.22 0.30 0.32 0.12

* MER (%) is based on actual expenses for the preceding calendar year or most recent half-year period ended June 30 expressed on an annualized basis, depending on availability of date at the time of publication.