Investment objective

The fundamental investment objective of the Fund is to achieve a balance of income and long-term capital growth relative to its target retirement date of 2025 by investing primarily in investment funds that invest in equity, fixed income, income trust and money market securities and exchange traded funds ("ETFs"), or by investing directly in such securities.

  • Fund Category Balanced Funds & Portfolio Solutions
  • Inception Date Aug 20, 2018
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Fund details

Series

Currency

Fund code

MER * (%)
F CAD 5920 0.65%

Portfolio analysis As of Apr 30, 2026

35% 65%
Equity Fixed Income

Asset mix

Equity Sector Allocation

Fixed Income Breakdown

Financials18.9%
Information Technology12.5%
Industrials11.2%
Energy8.7%
Health Care8.6%
Consumer Staples8.5%
Communication Services8.4%
Real Estate8.3%
Consumer Discretionary5.8%
Utilities5.6%
Materials3.5%
Corporate Bonds50.0%
Government Bonds30.7%
ST Investments (Cash & Other)16.5%
Asset Backed Securities2.4%
Other Bonds0.5%

Top 10 Holdings

% Assets
Phillips, Hager & North Short Term Bond & Mortgage Fund - Series O 26.1%
Phillips, Hager & North Bond Fund - Series O 18.4%
RBC QUBE Low Volatility Global Equity Fund - Series O 10.0%
Phillips, Hager & North Conservative Equity Income Fund - Series O 7.5%
RBC Bond Fund - Series O 6.8%
Phillips, Hager & North U.S. Equity Fund - Series O 5.4%
RBC QUBE Global Equity Fund - Series O 4.7%
RBC High Yield Bond Fund - Series O 4.0%
Phillips, Hager & North High Yield Bond Fund - Series O 3.9%
RBC Canadian Core Real Estate Fund - Series N 2.6%
Total % of Top 10 Holdings 89.4%

Geographic allocation

Region

Performance analysis

Growth of $10,000 since inception

Calendar returns

Trailing return

Empty column 1 Mth 3 Mth 6 Mth 1 year 3 years 5 years 10 years Since Inception Empty column
1.3 1.5 2.6 8.6 6.6 4.7 - 5.0 Fund

Distribution ($)/unit

Empty column YTD* 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Total distributions 0.00 0.48 0.25 0.43 0.74 0.67 0.27 0.31 0.42 --- ---
Interest --- 0.22 0.19 0.22 0.40 0.23 0.08 0.12 0.13 --- ---
Canadian dividends --- 0.03 0.03 0.04 0.05 0.04 0.04 0.04 0.04 --- ---
Foreign dividends --- 0.04 0.04 0.05 0.06 0.05 0.06 0.05 0.07 --- ---
Foreign taxes paid --- 0.00 -0.01 -0.01 -0.01 -0.01 -0.01 -0.01 -0.01 --- ---
Capital gains --- 0.19 0.00 0.12 0.23 0.35 0.10 0.12 0.20 --- ---
Return of capital --- 0.01 0.01 0.01 0.01 0.01 --- --- --- --- ---

* 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.