RBC BlueBay Absolute Return Fund

U.S. News evaluated 86 Nontraditional Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 5.65 percent over the past year.

Trailing Returns Updated 06.30.2014
Year to date 1.6%
1 Year 5.7%
3 Years (Annualized) N/A
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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Summary

The investment seeks to achieve a positive total return. The fund seeks to achieve its investment objective by investing primarily in a portfolio of fixed income securities and/or investments that provide exposure to fixed income securities that are investment grade (medium and high quality), and are considered by the fund to have the potential to achieve a positive total return. The fund may invest up to 25% of its assets in non-investment grade securities (high yield/junk bond), provided that such securities are not rated below B3 or B- by Moody's or S&P, respectively. It is non-diversified.

Fees

Fees are Low compared to funds in the same category.
RBC BlueBay Absolute Return Fund has an expense ratio of 0.95 percent.

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Risk

Risk is N/A compared to funds in the same category according to Morningstar.

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See Also:

Top RBC Global Asset Management Funds