Inception Return
(10/13/2021)
|
8.11 %
|
|
YTD Return
|
2.96 %
|
|
NAVPS
(3/28/2025)
|
$13.14
|
|
Change
|
($0.01) / -0.04 %
|
|
|
Growth of $10,000
(As of February 28, 2025)
|
|
MER
|
1.05 %
|
|
Assets ($mil)
|
$140.31
|
|
Rank (1Yr)
|
6/70
|
|
Std Dev (3Yr)
|
-
|
|
Volatility Ranking (3Yr)
|
2/10
|
|
RRSP Eligibility
|
Yes
|
|
Load
|
No Load
|
|
Max Front End
|
-
|
|
Max Back End
|
-
|
|
Sales Status
|
Open
|
|
|
Objective
> To provide total returns comprised of interest income and modest capital appreciation. The fund invests primarily in high yield debt securities of corporations based in emerging market countries. The fund may also invest in government debt securities of emerging markets and developed countries. We will not change the fundamental investment objectives of the fund unless we have the consent of a majority of the voting unitholders of the fund to do so.
|
Fund Manager
RBC Global Asset Management Inc.
Portfolio Manager
Anthony Kettle, RBC Global Asset Management Inc.
Polina Kurdyavko, RBC Global Asset Management Inc.
Sub-Advisor
RBC Global Asset Management (UK) Limited
|
|
Asset Allocation
(As of January 31, 2025)
|
Sector Allocation
(As of January 31, 2025)
|
Geographic Allocation
(As of January 31, 2025)
|
Top 10 Holdings
| Name | Asset | Sector | Geographic | Percent |
| US Dollar | Cash and Equivalents | Cash and Cash Equivalent | United States | 8.18% |
| Samarco Mineracao SA 9.00% 30-Jun-2031 | Foreign Bonds | Fixed Income | United States | 2.73% |
| Petroleos Mexicanos 6.95% 28-Jan-2060 | Foreign Bonds | Fixed Income | Latin America | 1.70% |
| Banco Mercantil Del Norte SA 8.75% PERP | Foreign Bonds | Fixed Income | United States | 1.65% |
| Avianca Midco 2 PLC 9.00% 01-Dec-2028 | Foreign Bonds | Fixed Income | United States | 1.62% |
| OCP SA 7.50% 02-Nov-2053 | Foreign Bonds | Fixed Income | Africa and Middle East | 1.55% |
| First Quantum Minerals Ltd 9.38% 01-Mar-2029 | Foreign Bonds | Fixed Income | United States | 1.53% |
| Latam Airlines Group SA 7.88% 15-Apr-2030 | Foreign Bonds | Fixed Income | United States | 1.51% |
| Ecopetrol SA 5.88% 28-May-2045 | Foreign Bonds | Fixed Income | Latin America | 1.38% |
| Wynn Macau Ltd 5.13% 15-Dec-2029 | Foreign Bonds | Fixed Income | United States | 1.36% |
Performance Data
(As of February 28, 2025)
|
|
Return (%)
|
Annualized Return (%)
|
|
Return
|
1
Mth
|
3
Mth
|
6
Mth
|
YTD
|
1
Yr
|
3
Yr
|
5
Yr
|
10
Yr
|
|
Fund
|
0.62
|
5.73
|
12.84
|
2.96
|
18.70
|
10.42
|
-
|
-
|
|
Benchmark
|
0.80
|
3.62
|
8.16
|
2.63
|
14.77
|
6.14
|
1.27
|
3.85
|
|
Quartile Ranking
|
3
|
1
|
1
|
2
|
1
|
1
|
-
|
-
|
|
Calendar Return (%)
|
2024
|
2023
|
2022
|
2021
|
2020
|
2019
|
2018
|
2017
|
2016
|
2015
|
|
Fund
|
20.87
|
7.85
|
-3.78
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
|
Benchmark
|
13.85
|
7.92
|
-12.92
|
-4.38
|
4.99
|
7.03
|
4.15
|
4.16
|
3.92
|
18.71
|
|
Quartile Ranking
|
1
|
3
|
2
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|