(As of 11/30/2025)

RBC North American Value Fund Series A

(Canadian Focused Equity)
FundGrade A+® Rating recipient
For more information about FundGrade click here
2023
2022
2018
2017



Inception Return
(4/20/1998)
8.71 %
YTD Return 18.30 %
NAVPS
(12/12/2025)
$43.11
Change ($0.14) / -0.32 %
Growth of $10,000 (As of November 30, 2025)
MER 1.89 %
Assets ($mil) $9,235.01
Rank (1Yr) 267/574
Std Dev (3Yr) 15.10 %
Volatility Ranking (3Yr) 6/10
RRSP Eligibility Yes
Load No Load
Max Front End -
Max Back End -
Sales Status Open
 
Objective
The objective of the fund is to provide long-term capital growth. The fund invests primarily in equity securities of Canadian and/or U.S. companies priced below their true value and offering long-term opportunities for growth.
Fund Manager

RBC Global Asset Management Inc.

Portfolio Manager

Doug Raymond, RBC Global Asset Management Inc.

Stuart Kedwell, RBC Global Asset Management Inc.

Sub-Advisor
-
 
Asset Allocation
(As of October 31, 2025)
Sector Allocation
(As of October 31, 2025)
Geographic Allocation
(As of October 31, 2025)
Top 10 Holdings
NameAssetSectorGeographicPercent
Royal Bank of CanadaCanadian EquityFinancial ServicesCanada4.47%
Toronto-Dominion BankCanadian EquityFinancial ServicesCanada3.51%
iShares S&P/TSX Global Gold Index ETF (XGD)Canadian EquityExchange Traded FundCanada2.91%
Microsoft CorpUS EquityTechnologyUnited States2.39%
Brookfield Corp Cl ACanadian EquityFinancial ServicesCanada2.35%
Apple IncUS EquityTechnologyUnited States2.30%
Shopify Inc Cl ACanadian EquityTechnologyCanada2.01%
Amazon.com IncUS EquityConsumer ServicesUnited States1.80%
Canadian Natural Resources LtdCanadian EquityEnergyCanada1.78%
Power Corp of CanadaCanadian EquityFinancial ServicesCanada1.74%

Performance Data (As of November 30, 2025)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund 2.60 7.01 14.22 18.30 15.24 16.14 15.59 10.96
Benchmark 2.40 9.32 19.50 24.89 22.25 18.51 14.56 11.35
Quartile Ranking 1 2 2 2 2 2 1 2

Calendar Return (%) 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Fund 20.44 15.12 -5.01 29.50 5.00 19.19 -8.96 11.18 12.61 -0.29
Benchmark 22.75 13.60 -8.87 21.76 7.58 21.45 -7.14 10.80 14.44 -0.77
Quartile Ranking 2 2 2 1 3 3 3 2 3 3

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