Skip Header Navigation

Emerging Markets Global Fixed Income Funds - A Shares


Without Sales Charges
Total
Returns

Average Annual Total Returns
Gross
Expense
Ratio
Net
Expense
Ratio1
Quarter End
% As Of 6/30/14
YTD
Return
1
Year
3
Year
5
Year
10
Year
Since
Inception
Emerging Market Corporate Bond Fund (11/27/2013) 6.77 - - - - 7.13 2.211.40
JP Morgan Corporate Emerging Market Bond Index (CEMBI) Diversified  7.20 10.53 7.13 10.46 - - --
Global High Yield Bond Fund (11/27/2013) 5.28 - - - - 5.72 1.771.20
Merrill Lynch Global High Yield Constrained Index, USD hedged  5.85 12.23 9.85 14.52 9.24 - --
Emerging Market Select Bond Fund (11/27/2013) 6.00 - - - - 6.22 1.371.27
50% JP Morgan Emerging Markets Bond Index Global Diversified and 50% JP Morgan Government Bond Index – Emerging Markets Broad Diversified Index   7.45 8.03 4.46 8.56 - - --
Absolute Return Fund (11/27/2013) 1.51 - - - - 3.13 1.271.25

Emerging Markets Global Fixed Income Funds - A Shares


With Sales Charges
Total
Returns

Average Annual Total Returns
Gross
Expense
Ratio
Net
Expense
Ratio1
Quarter End
% As Of 6/30/14
YTD
Return
1
Year
3
Year
5
Year
10
Year
Since
Inception
Emerging Market Corporate Bond Fund (11/27/2013) 2.26 - - - - 2.60 2.21 1.40
JP Morgan Corporate Emerging Market Bond Index (CEMBI) Diversified  7.20 10.53 7.13 10.46 - - - -
Global High Yield Bond Fund (11/27/2013) 0.80 - - - - 1.24 1.77 1.20
Merrill Lynch Global High Yield Constrained Index, USD hedged  5.85 12.23 9.85 14.52 9.24 - - -
Emerging Market Select Bond Fund (11/27/2013) 1.45 - - - - 1.66 1.37 1.27
50% JP Morgan Emerging Markets Bond Index Global Diversified and 50% JP Morgan Government Bond Index – Emerging Markets Broad Diversified Index   7.45 8.03 4.46 8.56 - - - -
Absolute Return Fund (11/27/2013) -2.79 - - - - -1.29 1.27 1.25
*Performance for A shares will not be available until after 3/31/14.

1The Adviser has contractually agreed to waive fees and/or pay operating expenses in order to limit the Fund’s total operating expenses to the expense ratio listed under Net Expense Ratio until January 31, 2015.

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 of the fund may be lower or higher than the performance quoted. Performance information does not reflect the 2% fee on shares redeemed or exchanged within 30 days of purchase. If such redemption fee was included, performance would be reduced.
Performance data current to the most recent month end may be found by clicking on one of the Funds above and  choosing the Performance tab or by calling 800-422-2766.

The inception date for RBC BlueBay Emerging Market Corporate Bond Fund, RBC BlueBay Emerging Market Select Bond Fund, RBC BlueBay Global High Yield Bond Fund and RBC BlueBay Global Convertible Bond Fund is November 30, 2011.

The Emerging Market Bond Index Global Diversified currently includes USD denominated Brady bonds, Eurobonds and traded loans issued by sovereign and quasi-sovereign entities. It is a market-capitalization-weighted index and provides a more evenly distributed weighting among the countries. It defines emerging markets countries with a combination of World-Bank-defined per capita income brackets and each country’s debt-restructuring history. This allows the index to include a number of higher-rated countries that international investors have nevertheless considered part of the emerging markets universe. The JP Morgan Government Bond Index-Emerging Market (GBI-EM) Index is a comprehensive emerging market debt index that tracks local currency bonds issued by emerging market governments; all eligible countries containing eligible instruments will be included regardless of capital controls, taxes, or access issues. The maximum weight to a country is capped at 10%. The JP Morgan Corporate Emerging Markets Bond Index (CEMBI) Diversified is a market capitalization weighted, liquid global benchmark for US-dollar corporate emerging market bonds representing Asia, Latin America, Europe and the Middle East/Africa. The index defines emerging market countries with a combination of World-Bank-defined per capita income brackets and relevant OECD status. These two criteria allow it to include a broader list of countries that international investors may consider as part of the emerging markets universe. The CEMBI Diversified is geared toward managers who face limitations on the amount of portfolio exposure they can take to individual issuers/countries. The CEMBI Diversified results in well-distributed, more balanced weightings for countries included in the index.The UBS Global Convertible Focus Index is a free, independent, market capitalization weighted, total return index managed by a third party, Mace Advisers. It measures the performance of the liquid global convertible market. 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. 



Close

Institutional Investors

You are being redirected to the U.S. institutional investors website.

Close