Investment objective

To provide long-term capital growth. 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 equity securities of companies throughout the world using a quantitative investment approach. The fund seeks to achieve a reduced level of volatility of returns as compared to the broader global equity market while minimizing the exposure to currency fluctuations between foreign currencies and the Canadian dollar.

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Fund details

Series
Currency
Fund code
MER * (%)
F CAD 35161 1.00%

Portfolio analysis As of Aug 31, 2025

100% 0 %
Equity Fixed Income

Asset mix

Equity Sector Allocation
Health Care20.0%
Consumer Staples19.7%
Communication Services17.8%
Financials12.6%
Utilities8.1%
Industrials7.6%
Information Technology4.9%
Energy4.1%
Consumer Discretionary2.9%
Materials2.2%
Top 10 Holdings
% Assets
Roche Holding AG 3.0%
Johnson & Johnson 3.0%
Altria Group Inc 3.0%
Verizon Communications Inc 3.0%
Automatic Data Processing Inc 3.0%
Colgate-Palmolive Co 3.0%
Procter & Gamble Co 2.9%
Merck & Co Inc 2.9%
Gilead Sciences Inc 2.8%
AT&T Inc 2.7%
Total % of Top 10 Holdings 29.3%

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 2.6 1.8 5.5 12.5 9.0 - 6.4 Fund

Distribution ($)/unit

YTD* 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Total distributions 0.00 0.17 0.19 0.22 0.77 0.16 0.38 0.38 --- --- ---
Interest --- 0.00 0.00 0.00 0.00 0.00 0.00 0.00 --- --- ---
Canadian dividends --- 0.01 0.02 0.02 0.01 0.00 0.02 --- --- --- ---
Foreign dividends --- 0.18 0.19 0.22 0.14 0.18 0.16 0.22 --- --- ---
Foreign taxes paid --- -0.03 -0.03 -0.02 -0.02 -0.03 -0.03 -0.05 --- --- ---
Capital gains --- --- --- --- 0.65 --- 0.22 0.20 --- --- ---
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.