RBC Target 2020 Education Fund

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Sarah Riopelle

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Investment Objective

This fund is an asset allocation fund specifically designed to meet the changing needs of investors who are saving money for the purpose of funding a post-secondary education that commences around 2020. The fund gradually shifts its asset mix from an emphasis on equity funds, in its early years, to an emphasis on money market funds as its "target" date (2020) approaches. Over the life of the fund, its portfolio will shift from a focus on funds with growth potential to a focus on funds that will preserve capital.

Fund Details

Series: D
Fund Code: RBF1085
Load Structure: No Load
Currency: CAD
Inception Date: Nov, 2011
Series D NAV $: 11.99
Series D MER %: 0.83
Benchmark:
  • 73.1% FTSE Canada Universe Bond Index
  • 12.9% FTSE Canada 30 Day T-Bill Index
  • 5.1% S&P/TSX Capped Composite Total Return Index
  • 5.1% S&P 500 Total Return Index (C$)
  • 3.0% MSCI EAFE Total Return Net Index (C$)
  • 0.8% MSCI Emerging Markets Total Return Net Index (C$)


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

    Notes:

    Resources


    Performance Analysis as of  July 31, 2018

    Growth of $10,000

    Returns and Quartile Ranking
    Calendar Returns %

    Trailing Return %

    Please consult your advisor and read the prospectus or Fund Facts document before investing. There may be commissions, trailing commissions, management fees and expenses associated with mutual fund investments. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.