Investment objective

To provide total returns comprised of income and modest capital appreciation. This fund is an asset allocation fund specifically designed to meet the changing needs of investors who are saving money for retirement that commences around 2065. The fund invests primarily in a diversified portfolio of equity, fixed-income and/or money market securities from anywhere around the world, either directly or indirectly through investment in other mutual funds managed by RBC GAM or an affiliate of RBC GAM (called the underlying funds). The fund gradually shifts its asset mix to emphasize fixed-income and/or money market investments. Over the life of the fund, the fund's exposure to investments with growth objectives will be reduced and its exposure to investments that focus on income and preservation of capital will be increased. At all times, the fund will maintain a diversified asset mix appropriate for the fund's time horizon.

  • Fund Category Balanced Funds & Portfolio Solutions
  • Inception Date Sep 22, 2025
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Fund details

Series
Currency
Fund code
MER * (%)
F CAD 35256 0.81%

Portfolio analysis As of Feb 28, 2026

87% 13%
Equity Fixed Income

Asset mix

Equity Sector Allocation
Fixed Income Breakdown
Financials20.5%
Information Technology17.3%
Industrials12.4%
Materials8.5%
Energy7.3%
Health Care7.3%
Consumer Discretionary7.0%
Consumer Staples6.9%
Communication Services6.6%
Utilities3.8%
Real Estate2.4%
Unclassified0.1%
Corporate Bonds52.5%
Government Bonds37.9%
ST Investments (Cash & Other)10.0%
Asset Backed Securities0.5%
Other Bonds-1.0%
Top 10 Holdings
% Assets
Phillips, Hager & North U.S. Multi-Style All-Cap Equity Fund - Series O 14.3%
RBC Global Equity Leaders Fund - Series O 10.4%
Phillips, Hager & North Canadian Equity Underlying Fund - Series O 7.9%
Phillips, Hager & North Canadian Growth Fund - Series O 7.2%
RBC Emerging Markets Equity Fund - Series O 5.5%
RBC QUBE Low Volatility Global Equity Fund - Series O 4.8%
RBC Global Dividend Growth Fund - Series O 4.7%
Phillips, Hager & North U.S. Equity Fund - Series O 4.6%
RBC European Equity Fund - Series O 4.4%
RBC Canadian Mid-Cap Equity Fund - Series O 4.0%
Total % of Top 10 Holdings 67.8%

Geographic allocation

Region

Performance analysis

Trailing return

1 Mth 3 Mth 6 Mth 1 year 3 years 5 years 10 years Since Inception
3.5 4.9 - - - - - 8.7 Fund

Distribution ($)/unit

YTD* 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Total distributions 0.00 0.65 --- --- --- --- --- --- --- --- ---
Interest --- 0.01 --- --- --- --- --- --- --- --- ---
Canadian dividends --- 0.06 --- --- --- --- --- --- --- --- ---
Foreign dividends --- 0.12 --- --- --- --- --- --- --- --- ---
Foreign taxes paid --- -0.01 --- --- --- --- --- --- --- --- ---
Capital gains --- 0.47 --- --- --- --- --- --- --- --- ---
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.