RBC International 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 foreign currencies and the Canadian dollar, by tracking the performance of it's benchmark, either directly or indirectly through investment in units of other mutual funds managed by RBC GAM.

Fund Details

Series: A
Fund Code: RBF559
Load Structure: No Load
Currency: CAD
Inception Date: Oct, 1998
Series A NAV $: 11.94
Series A MER %: 0.71
  • MSCI EAFE Total Return Net Index (local currency)

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

    Notes: Fund's investment objective changed June 30, 2017.
    Fund name changed effective July 4, 2006.


    Performance Analysis as of  August 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
    Nestle SA 1.9
    HSBC Holdings PLC 1.4
    Novartis AG 1.3
    Roche Holding AG Dividend Right Cert. 1.3
    Toyota Motor Corp 1.0
    British American Tobacco PLC 1.0
    Royal Dutch Shell PLC Class A 0.9
    Total SA 0.9
    BP PLC 0.8
    Sanofi SA 0.8
    % Assets
    Total % of Top Ten Holdings 11.2
    Total Number of Stock Holdings 925
    Total Number of Bond Holdings 0
    Total Number of Other Holdings 27
    Total Number of Holdings 952
    Equity Style
    P/B Ratio 1.6
    P/E Ratio 15.3
    Avg. Mkt Cap. $Bil 44.7
    Top Geographic Allocations
    % Assets
    Eurozone 31.5
    Japan 23.2
    United Kingdom 17.3
    Europe (Ex Eurozone) 13.9
    Australia 7.2
    Asia (Developed) 4.7
    United States 1.2
    Asia (Emerging) 0.6
    Middle East 0.5
    Canada 0.1
    Global Equity Sectors
    % Equity
    Financials 21.3
    Industrials 14.5
    Consumer Discretionary 12.0
    Consumer Staples 11.6
    Health Care 10.4
    Materials 7.9
    Information Technology 6.1
    Energy 4.8
    Telecommunications Services 4.2
    Real Estate 3.6
    Utilities 3.5

    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.