Investment objective

To provide a total return consisting of income and moderate capital growth by tracking the performance of the FTSE Canada Federal Bond Index, either directly or indirectly through investment in units of other mutual funds managed by RBC GAM.

  • Fund Category Fixed Income Funds
  • Inception Date Jul 04, 2016
Download fund details    Download fund commentary   

Fund details

Series
Currency
Fund code
MER * (%)
F CAD 35099 0.27%

Portfolio analysis As of Apr 30, 2025

0% 100%
Equity Fixed Income

Asset mix

Fixed Income Breakdown
Government Bonds90.3%
Corporate Bonds9.0%
ST Investments (Cash & Other)0.8%
Top 10 Holdings
% Assets
Canada Housing Trust No 1 2.650% Dec 15, 2028 8.6%
Canada Housing Trust No 1 1.900% Sep 15, 2026 6.8%
Canadian Government Bond 1.250% Jun 01, 2030 5.6%
Canadian Government Bond 2.000% Dec 01, 2051 5.5%
Canadian Government Bond 1.500% Dec 01, 2031 5.3%
Canadian Government Bond 1.500% Jun 01, 2031 4.3%
Canadian Government Bond 2.500% Dec 01, 2032 3.9%
Canadian Government Bond 4.000% May 01, 2026 3.7%
Canadian Government Bond 3.500% Mar 01, 2028 3.4%
Inter-American Development Bank 4.400% Jan 26, 2026 2.8%
Total % of Top 10 Holdings 49.9%

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
-0.5 0.5 2.4 8.1 2.7 -0.6 - 0.6 Fund

Distribution ($)/unit

YTD* 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Total distributions 0.06 0.20 0.18 0.16 0.20 0.17 0.19 0.20 0.19 0.09 ---
Interest --- 0.20 0.18 0.16 0.16 0.17 0.19 0.20 0.19 0.09 ---
Canadian dividends --- --- --- --- --- --- --- --- --- --- ---
Foreign dividends --- --- --- --- --- --- --- --- --- --- ---
Foreign taxes paid --- --- --- --- --- --- --- --- --- --- ---
Capital gains --- --- --- --- 0.03 --- --- --- --- 0.01 ---
Return of capital --- --- --- --- --- --- --- --- --- --- ---

* 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.