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RBC Target 2015 Education Fund

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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 2015. 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 (2015) 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.


Performance Analysis as of January 31, 2015

Growth of $10,000
Growth of $10,000 - Series A - $13,933
  Series:  A
Calendar Returns %
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 YTD*
Series: A
Calendar Returns % - Series A
8.5 9.4 2.3 -12.5 10.6 5.9 3.1 3.9 2.6 1.7 0.3 Fund
1st 2nd 4th 2nd 2nd 2nd 3rd 2nd 2nd 2nd 2nd Quartile
1Mth 3Mth 6Mth 1Yr 3Yr 5Yr 10Yr Since
Trailing Return %
0.3 0.6 0.9 1.5 2.4 3.5 3.3 3.8 Fund
2nd 2nd 2nd 2nd 2nd 2nd 1st - Quartile
Top Ten Holdings % Assets
RBC Canadian Money Market Fund 98.4
Total % of Top Ten Holdings 98.4
Total Number of Portfolio Holdings 2
Total Number of Stock Holdings 0
Total Number of Bond Holdings 0
Total Number of Other Holdings 0
Total Number of Underlying Holdings 0

Source: Data is provided by Morningstar Canada, updated monthly on the 10th business day.

© Morningstar Research Inc. All Rights Reserved.  The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely.  Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.  Past performance is no guarantee of future results. 


Fund Info & Commentaries


Fund Details

Series: A
Fund Code: RBF584
Load Structure: No Load
Currency: CAD

Inception Date: Aug, 2004
Series A NAV $: 11.50
Series A MER %: 1.05
  • 55% FTSE TMX Canada 30 day T-Bill Index
  • 45% FTSE TMX Canada Universe Bond Index

Income Distribution: Annually
Capital Gains Distribution: Annually

Sales Status: Open
Minimum Investment $: 500
Subsequent Investment $: 25



This is a continuing fund resulting from a merger effective July 4, 2006.