BlueBay $U.S. Global Convertible Bond Fund (Canada)

You are on: FUND INDIVIDUAL page

Select Series:
Select Another Fund:

Mike Reed

Profile >

Pierre-Henri de Monts de Savasse

Profile >

BlueBay Asset Management

Investment Objective

To provide total returns comprised of interest income and modest capital appreciation. The fund invests primarily in global convertible bonds issued by entities domiciled or carrying out their business activities anywhere in the world, either directly or indirectly through investment in other mutual funds managed by RBC GAM or an affiliate.

Fund Details

Series: A
Fund Code: RBF498
Load Structure: No Load
Currency: USD
Inception Date: Apr, 2015
Series A NAV $: 9.82
Series A MER %: 2.02
Adjusted A MER %: 1.97
Benchmark:
  • Thomson Reuters Convertible Global Focus Index (Hedged into USD)


  • Income Distribution: Quarterly
    Capital Gains Distribution: Annually
    Sales Status: Open
    Minimum Investment $: 500
    Subsequent Investment $: 25

    Notes: Not available for registered plans within RBC Royal Bank.

    Resources


    Performance Analysis as of  January 31, 2017

    Growth of $10,000

    Returns and Quartile Ranking
    Calendar Returns %

    Trailing Return %

    Portfolio Analysis

    Asset Mix

    Top Ten Holdings
    Top Ten Holdings % Assets
    Siemens Fin Nv 1.05% 16-08-2017 2.3
    Steinhoff Finance Hlds 21-10-2023 2.3
    Cahaya Cap Cv 18-09-2021 2.0
    Microchip Tech Cv 1.625% 15-02-2025 1.8
    Ctrip Com Intl Cv 1.99% 01-07-2025 1.7
    Total Cv 0.5% 02-12-2022 1.7
    Suzuki Motor Cv 31-03-2023 1.5
    Citrix Sys Cv 0.5% 15-04-2019 1.4
    Salesforce Com Cv 0.25% 01-04-2018 1.4
    Tesla Cv 1.25% 01-03-2021 1.3
    % Assets
    Total % of Top Ten Holdings 17.4
    Total Number of Stock Holdings 8
    Total Number of Bond Holdings 7
    Total Number of Other Holdings 107
    Total Number of Holdings 122
    Top Geographic Allocations
    % Assets
    Canada 23.1
    United States 19.6
    Eurozone 18.5
    Japan 11.4
    Latin America 10.4
    Asia (Developed) 6.5
    Asia (Emerging) 5.7
    Europe (Ex Eurozone) 1.9
    Middle East 1.2
    United Kingdom 1.2
    Australia 0.5