![RBC Balanced Fund - Series A](https://moneyguynow.com/wp-content/uploads/2022/11/RBC-Balanced-Fund-Series-A-791x1024.jpg)
Trying to decide which ETFs to buy that invest in a balanced (60/40) asset allocation?
Read my latest Canadian mutual fund review to help you with your portfolio construction.
RBC Balanced Fund vs. XBAL
Here is a table comparing RBC Balanced Fund to iShares Core Balanced ETF Portfolio (XBAL.TO) as of January 31, 2023. These are both 60% equity / 40% fixed income portfolios that are well diversified.
Investment | RBC Balanced Fund | iShares Core Balanced ETF Portfolio |
Fund Code | RBF272 | XBAL.TO |
Inception | 1987-12-31 | 2007-06-21 |
AUM | $4,333,200,000 | $917,297,883 |
MER | 2.16% | 0.20% |
Risk | Low to Medium | Low to Medium |
Yield | N/A | 1.90% |
Distributions | Quarterly | Quarterly |
1MO | 5.0% | 4.92% |
3MO | 6.7% | 7.00% |
YTD | 5.0% | 4.92% |
1 YR | -4.0% | -3.49% |
3 YR | 3.6% | 4.15% |
5 YR | 4.1% | 5.29% |
10 YR | 5.1% | 5.17% |
P/E | 13.3 | 13.89 |
P/B | 1.8 | 1.95 |
Beta | N/A | 1.18 |
- AUM – Assets Under Management
- Beta – the measure of the volatility of a stock compared to the market
- C/S: Cash per Share – the percentage of a company’s share price available to spend on growing the corporation
- Current: Current Ratio – a liquidity ratio that measures a company’s ability to pay short-term obligations or those due within one year
- Distributions – Dividend Distributions
- Dividend Date – the date that a company announces it is paying a dividend
- Earnings: Earnings Date – the next release of a company’s financial report
- ETF – Exchange Traded Fund
- EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
- Ex-Dividend: Ex-Dividend Date – the dividend will be received if bought at least one day before this date
- Holdings: Number of Holdings – the total number of different holdings of a fund
- Inception: Inception Date – the date of the first subscription for units of the fund
- Industry: companies that have a lot in common
- Margin (%): Gross Margin – the percentage of money a corporation has left after subtracting all direct costs of producing or purchasing the goods or services it sells
- Market Cap: Market Capitalization – the total value of all a corporation’s stock
- N/A: Not Applicable or Not Available
- P/B: Price-to-Book – this ratio measures the market’s valuation of a company relative to its book value
- P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
- ROIC (%): Return on Invested Capital – assess a corporation’s efficiency in allocating capital to profitable investments
- Manager – Fund or Portfolio Manager
- Margin (%): Gross Margin – the percentage of money a corporation has left after subtracting all direct costs of producing or purchasing the goods or services it sells
- Market Cap (B): the total dollar market value of a company’s outstanding shares of stock in billions
- MER – Management Expense Ratio
- N/A – Not Applicable or Not Available
- P/B: Price-to-Book – this ratio measures the market’s valuation of a company relative to its book value
- P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
- P/S: Price-to-Sales – this ratio divides the stock price by the underlying corporation’s sales per share
- Payout: Payout Ratio – the percentage of net income a firm pays in dividends
- Price: Stock Price – current value to buyers and sellers
- REV Y/Y (%): Yearly Revenue Growth – the percentage growth of the corporation’s revenue over the trailing twelve months
- Risk – Risk Rating (Volatility)
- Sector: group broadly similar companies
- Yield – Dividend or Distribution Yield
- YTD – Year to Date
- 1M – 1-Month Performance
- 3M – 3-Month Performance
- 1Y – 1-Year Performance
- 3Y – 3-Year Performance
- 5Y – 5-Year Performance
- 10Y – 10-Year Performance
- 15Y – 15-Year Performance
- 52-Week Range – the lowest and highest price at which a stock has traded during the previous 52-weeks
RBC Balanced Top 5 Holdings
- Cash & Cash Equivalents
- ENB.TO: Enbridge Inc.
- RBC Emerging Markets Equity Fund
- RY.TO: Royal Bank of Canada
- TD.TO: Toronto-Dominion Bank
RBC Balanced Top Sectors
- Financials: 25.1%
- Energy: 13.0%
- Industrials: 12.1%
- Technology: 11.0%
- Materials: 9.8%
![RBC Balanced Fund](https://moneyguynow.com/wp-content/uploads/2022/11/RBC-Balanced-Fund-791x1024.jpg)
What Are The Best Canadian ETFs By Benchmark?
This table shows the asset allocation of the mutual fund with its respective high-calibre ETF.
Benchmark | RBC Balanced Fund | ETF | MER | 5YR | Benchmark ETF Portfolio % MER | Benchmark ETF Portfolio % Returns |
---|---|---|---|---|---|---|
FTSE Canada All Gov’t Bond Index | 35% | XGB | 0.13% | 0.52% | 0.0455% | 0.182% |
FTSE Canada All Corp Bond Index | 5% | VCB | 0.17% | 1.60% | 0.0085% | 0.08% |
S&P/TSX Capped Composite Total Return Index | 34% | VDY | 0.22% | 9.72% | 0.0748% | 3.3048% |
S&P 500 Total Return Index | 13% | SCHD | 0.06% | 11.69% | 0.0078% | 1.5197% |
MSCI EAFE Total Return Net Index | 9% | ZEQ | 0.45% | 9.28% | 0.003645% | 0.8352% |
MSCI EM Total Return Net Index | 4% | VEE | 0.24% | 0.60% | 0.0096% | 0.024% |
Total | 100% | N/A | N/A | N/A | 0.1498% | 5.9457% |
My ETF Portfolio Recommendation
Here is a table building a balances (60/40) asset allocation ETF Portfolio as of January 31, 2023.
Asset Class | Balanced (60/40) | ETF | MER | 5YR | My ETF Portfolio % MER | My ETF Portfolio % Returns |
---|---|---|---|---|---|---|
Fixed Income | 40% | PSA | 0.17% | 1.59% | 0.068% | 0.636% |
Canadian | 15% | VDY | 0.22% | 9.72% | 0.033% | 1.458% |
American | 30% | XUS | 0.06% | 11.69% | 0.018% | 3.507% |
International | 10% | ZEQ | 0.45% | 9.28% | 0.045% | 0.928% |
Emerging Markets | 5% | XID | 0.99% | 5.56% | 0.0495% | 0.278% |
Total | 100% | N/A | N/A | N/A | 0.2135% | 6.807% |
- Allocation: Asset Allocation – involves dividing your investments among different assets, such as stocks, bonds, and cash
- Asset Class – is a grouping of investments that exhibit similar characteristics
- ETF – Exchange Traded Fund
- MER – Management Expense Ratio
- 5YR – 5-Year Performance
Related
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Advice | InvestCAN | InvestRESP | InvestUSA | RetireCAN | RetireMGN |
$500.00 CAD $400.00 USD | $99.99 CAD | $79.99 USD | $99.99 CAD | $12.99 CAD $9.99 USD |