About RIBRX
The RBC BlueBay Impact Bond Fund Class R6 is a mutual fund designed to generate a high level of current income while prioritizing the preservation of capital. It primarily invests at least 80% of its assets in a diversified selection of fixed income securities that meet specific impact criteria, reflecting the fund's commitment to responsible investing. The strategy incorporates a proprietary framework evaluating each investment based on alignment with the United Nations Sustainable Development Goals, targeting measurable positive outcomes such as affordable housing, healthcare, education, environmental sustainability, and community development. This approach allows institutional and retirement-focused investors to achieve both financial returns and social progress within the intermediate core bond category. The fund is actively managed and maintains a competitive expense ratio, drawing on the expertise of RBC Global Asset Management to balance credit quality with moderate interest rate sensitivity. With its focus on impact-oriented fixed income instruments, the fund plays a meaningful role in integrating environmental, social, and governance (ESG) considerations within mainstream bond portfolios.
Fund Family RBC Global Asset Management.
Category Intermediate Core Bond
Performance Rating Below Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol RIBRX
Share Class Class R6
Index Bloomberg U.S. Aggregate Bond TR
RIBRX had a total return of -1.21% in the past year, including dividends. Since the fund's
inception, the average annual return has been 0.78%.
