RBC TARGET 2015 EDUCATION

 (MUTF_CA:RBF584)   Watch this mutual fund  
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Performance

Trailing returns

1 day   +0.05%
   
1 week   +0.04%
   
4 week
   
-0.04%  
3 month   +0.27%
   
YTD   +1.18%
   
1 year   +2.52%
   
3 years*   +3.19%
   
5 years*   +3.49%
   
*annualized
Best 3 month return+7.15%  
Worst 3 month return-12.43%  

Morningstar statistics

Morningstar category: 2015 Target Date Portfolio
  Return Risk Rating
3 years Average Average
5 years     -     - -
10 years     -     - -
Overall Average Average

Key statistics

Total assets336.47M 
Front load-  
Deferred load-  
Expense ratio-  
Management fee1.00%  
Fund familyRBC Global Asset Management Inc. 

Asset allocation

Cash57.99%  
Stocks0.00%  
Bonds42.01%  
Other0.00%  

Purchase information

InitialCA$500  
AdditionalCA$25  
IRA InitialCA$500  
AIP InitialCA$25  
AIP AdditionalCA$25  
11.69+0.01(0.05%)
Sep 22, 4:30PM EDT Overall Morningstar RatingTM

Description

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.
Asset manager:
Sarah Riopelle (Started: Jun 30, 2009)
Advisor Company:
RBC Global Asset Management Inc.
155 Wellington Street West - 21st Floor

Risk

  1 year 3 years 5 years 10 years  
Alpha* -1.02 -0.01 0.34 -0.90
Beta* 0.22 0.24 0.38 0.74
Mean annual return 0.24 0.26 0.32 0.32
R-squared* 55.11 44.81 56.91 77.53
Standard deviation 0.86 1.25 1.96 4.57
Sharpe ratio 2.31 1.74 1.55 0.44
* Against standard index

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