RBC Target 2035 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 2035. 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 (2035) 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: A
Fund Code: RBF522
Load Structure: No Load
Currency: CAD
Inception Date: Aug, 2017
Series A NAV $: 9.91
Series A MER %: 2.12
Benchmark:
  • 26.8% S&P/TSX Capped Composite Total Return Index
  • 26.8% S&P 500 Total Return Index (C$)
  • 25.0% FTSE Canada Universe Bond Index
  • 17.1% MSCI EAFE Total Return Net Index (C$)
  • 4.3% MSCI Emerging Markets Total Return Net Index (C$)


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

    Notes: Securities regulations do not allow us to report performance for a mutual fund that has been available for less than one year. This fund was launched August 28, 2017.

    Resources


    Portfolio Analysis

    Asset Mix

    Top Ten Holdings
    Top Ten Holdings % Assets
    RBC High Yield Bond Fund 13.6
    RBC Canadian Equity Fund 12.3
    RBC Bond Fund 12.3
    RBC European Equity Fund 10.3
    RBC US Equity Fund 5.7
    RBC Private US Large Cap Equity Pool 5.7
    RBC US Mid-Cap Growth Equity Fund 5.2
    RBC O'Shaughnessy US Value Fund 5.1
    PH&N Canadian Growth Fund 5.1
    RBC Canadian Dividend Fund 5.1
    % Assets
    Total % of Top Ten Holdings 80.5
    Total Number of Stock Holdings 1,147
    Total Number of Bond Holdings 3,097
    Total Number of Other Holdings 65
    Total Number of Holdings 4,309
    Equity Style
    Statistics
    P/B Ratio 2.0
    P/E Ratio 15.0
    Avg. Mkt Cap. $Bil 38.1
    Global Equity Sectors
    % Equity
    Financials 24.4
    Industrials 11.2
    Information Technology 10.9
    Energy 9.6
    Health Care 9.5
    Consumer Staples 8.9
    Consumer Discretionary 8.4
    Telecommunications Services 6.2
    Materials 5.4
    Utilities 2.9
    Real Estate 2.5
    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.