About RIBIX
RBC BlueBay Impact Bond Fund Class I is a mutual fund specializing in fixed income investments with a core focus on generating a high level of current income while prioritizing preservation of capital. Managed by RBC Global Asset Management, the fund invests primarily in investment-grade U.S. fixed income securities, including government, corporate, and securitized debt, while maintaining minimal exposure to below-investment-grade issues. A notable feature of the fund is its commitment to impact investing: at least 80% of assets are allocated to bonds that align with specific social and environmental impact criteria, such as affordable housing, economic growth, health, education, community development, reduced inequalities, and environmental sustainability. The selection methodology is informed by a proprietary framework that evaluates alignment with the United Nations Sustainable Development Goals. The fund typically holds a medium credit quality and moderate interest rate sensitivity, with portfolio holdings diversified across sectors like healthcare, housing, and corporate issuers. Its approach makes it significant for investors seeking both financial returns and measurable positive impact within the fixed income segment of the market.
Fund Family RBC Global Asset Management.
Category Intermediate Core Bond
Performance Rating Below Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol RIBIX
Share Class Class I
Index Bloomberg U.S. Aggregate Bond TR
RIBIX had a total return of 6.45% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.64%.
