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 $: 11.98
Series D MER %: 0.83
Benchmark:
  • 73.1% FTSE Canada Universe Bond Index
  • 12.9% FTSE Canada 30 Day T-Bill Index
  • 5.1% S&P/TSX Capped Composite Total Return Index
  • 5.1% S&P 500 Total Return Index (C$)
  • 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  September 30, 2018

    Growth of $10,000

    Returns and Quartile Ranking
    Calendar Returns %

    Trailing Return %

    Portfolio Analysis

    Asset Mix

    Top Ten Holdings
    Top Ten Holdings % Assets
    RBC Canadian Money Market Fund 36.3
    RBC Canadian Short -Term Income Fund 31.0
    RBC Global Bond Fund 10.0
    RBC Bond Fund 6.2
    PH&N Short Term Bond & Mortgage Fund 5.0
    PH&N Total Return Bond Fund 3.0
    RBC Canadian Equity Fund 1.5
    RBC European Equity Fund 1.2
    RBC O'Shaughnessy US Value Fund 0.7
    RBC QUBE Low Volatility Cdn Equity Fund 0.7
    % Assets
    Total % of Top Ten Holdings 95.7
    Total Number of Stock Holdings 1,123
    Total Number of Bond Holdings 2,224
    Total Number of Other Holdings 194
    Total Number of Holdings 3,541
    Equity Style
    Statistics
    P/B Ratio 2.1
    P/E Ratio 15.7
    Avg. Mkt Cap. $Bil 41.5
    Global Equity Sectors
    % Equity
    Financials 24.6
    Industrials 11.1
    Information Technology 11.0
    Energy 9.6
    Health Care 9.1
    Consumer Discretionary 8.6
    Consumer Staples 8.6
    Telecommunications Services 6.3
    Materials 5.3
    Utilities 3.0
    Real Estate 2.7
    Other 0.0

    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.