RBC U.S. Index Currency Neutral Fund

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State Street Global Advisors (Montreal)

Investment Objective

To provide long-term capital growth, while minimizing the exposure to currency fluctuations between the U.S. and Canadian dollar, by tracking the performance of its benchmark through investment in units of the iShares Core S&P 500 Index ETF.

Fund Details

Series: A
Fund Code: RBF558
Load Structure: No Load
Currency: CAD
Inception Date: Oct, 1998
Series A NAV $: 10.11
Series A MER %: 0.61
  • S&P 500 Total Return Hedged 100% to CAD Index

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

    Notes: Fund’s investment objective changed effective June 30, 2017. Effective on or about September 15, 2017, the fund’s benchmark changed.
    Following unitholder approval received on March 22, 2019, the fund's investment objective and benchmark will change, effective on or about April 8, 2019.


    Performance Analysis as of  March 31, 2019

    Growth of $10,000

    Returns and Quartile Ranking
    Calendar Returns %

    Trailing Return %

    Portfolio Analysis

    Asset Mix

    Top Ten Holdings
    Top Ten Holdings % Assets
    Microsoft Corp 3.8
    Apple Inc 3.6
    Amazon.com Inc 3.1
    Facebook Inc A 1.7
    Berkshire Hathaway Inc B 1.6
    Johnson & Johnson 1.6
    Alphabet Inc Class C 1.5
    Alphabet Inc A 1.5
    Exxon Mobil Corp 1.4
    JPMorgan Chase & Co 1.4
    % Assets
    Total % of Top Ten Holdings 21.2
    Total Number of Stock Holdings 506
    Total Number of Bond Holdings 0
    Total Number of Other Holdings 2
    Total Number of Holdings 508
    Equity Style
    P/B Ratio 2.9
    P/E Ratio 16.9
    Avg. Mkt Cap. $Bil 127.9
    Global Equity Sectors
    % Equity
    Information Technology 21.2
    Health Care 14.6
    Financials 12.7
    Consumer Discretionary 10.2
    Telecommunications Services 10.1
    Industrials 9.5
    Consumer Staples 7.3
    Energy 5.4
    Utilities 3.3
    Real Estate 3.1
    Materials 2.6

    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.