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RBC BlueBay Global High Yield Bond Fund

Investment Strategy

Invests predominantly in fixed income securities issued by sub-investment grade companies globally with at least 50% in U.S.-domiciled entities. The Fund seeks to generate excess returns via superior sector and security selection; based upon high quality, proprietary research. Portfolio duration is controlled with a narrow band relative to the benchmark. Benchmarked against the Merrill Lynch Global High Yield Constrained Index, USD hedged.
Investment Objective
The Fund seeks to achieve a high level of total return consisting of income and capital appreciation.

Daily Prices

As of 8/26/2014 NAV $ Change
A Shares  $10.61 $0.00
I Shares  $10.61 $0.00
CLICK ON THE PERFORMANCE TAB ABOVE FOR STANDARDIZED PERFORMANCE. Performance data quoted represents past performance; past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than performance quoted. Performance data current to the most recent month end may be found at the link above or by calling 800-422-2766.

Security Description

  Ticker CUSIP Inception Date
A Shares RHYAX 74926P423 11/27/2013
I Shares RGHYX 74926P381 11/30/2011
The Merrill Lynch Global High Yield Constrained Index tracks the performance of below investment grade bonds of corporate issuers domiciled in countries with an investment grade foreign currency long-term debt rating (based on a composite of Moody’s and S&P). The index is weighted by outstanding issuance, but constrained such that the percentage of any one issuer may not represent more than 2% of the Index. It is not possible to invest directly in an index.

Mutual fund investing involves risk. Principal loss is possible. Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities. Investments in lower-rated and non-rated securities presents a greater risk of loss to principal and interest than higher-rated securities. Investments in foreign securities involve greater volatility and political, economic and currency risks and differences in accounting methods. These risks are greater for emerging markets. Derivatives such as futures, forwards, and swaps involve risks different from, and in certain cases, greater than the risks presented by more traditional investments.  Non-diversified funds may be more volatile than diversified funds that hold a greater number of securities. Absolute return funds may not achieve their goals and are not intended to outperform stocks and bonds during strong market rallies and may underperform during periods of strong positive market performance.

Before investing, you should carefully consider a fund’s investment objectives, risks, charges and expenses. This and other information is included in the prospectus, which you can request by visiting
/mutual-funds/literature/content/default.fs or calling 800.422.2766. Please read the prospectus carefully before investing.

RBC Global Asset Management (U.S.) Inc. serves as investment adviser for RBC Funds. The Funds are sub-advised by BlueBay Asset Management LLP, a wholly-owned subsidiary of RBC. The RBC Funds are distributed by Quasar Distributors, LLC.

NOT FDIC INSURED. NO BANK GUARANTEE. MAY LOSE VALUE. 



 

Key Data

Benchmark
Merrill Lynch Global High Yield Constrained Index, USD hedged
Total Net Assets (As of 7/31/2014)
$34.65 Million
Dividend Frequency
N/A
Minimum Initial Investment
$2,500 A Shares
$1 Million I Shares
 
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