Rbc European Mid Cap Fund Holdings Turnover
| 0P00018PVY | CAD 13.43 0.04 0.30% |
RBC European Mid Cap fundamentals help investors to digest information that contributes to RBC European's financial success or failures. It also enables traders to predict the movement of RBC Fund. The fundamental analysis module provides a way to measure RBC European's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to RBC European fund.
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RBC European Mid Cap Fund Holdings Turnover Analysis
RBC European's Holding Turnover is calculated by adding up all the transactions for the year, dividing it by 2 and then dividing it again by the total fund holdings. Holding Turnover is the rate at which funds or ETFs replace their investment holdings on an annual basis. In other words it measures how quickly a fund turns over its holdings during the fiscal year.
Investor can think of Holding Turnover as a percentage of a fund's assets that have turned over in the past year. Typically, a high annual turnover ratio implies that fund managers made a lot of buying and selling. The higher the annual turnover, the higher the expense ratio for the fund.
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According to the company disclosure, RBC European Mid Cap has a Holdings Turnover of 0.0%. This is 100.0% lower than that of the RBC Global Asset Management Inc. family and about the same as European Equity (which currently averages 0.0) category. This indicator is about the same for all Canada funds average (which is currently at 0.0).
RBC Holdings Turnover Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses RBC European's direct or indirect competition against its Holdings Turnover to detect undervalued stocks with similar characteristics or determine the funds which would be a good addition to a portfolio. Peer analysis of RBC European could also be used in its relative valuation, which is a method of valuing RBC European by comparing valuation metrics of similar companies.RBC European is currently under evaluation in holdings turnover among similar funds.
Fund Asset Allocation for RBC European
The fund consists of 98.59% investments in stocks, with the rest of investments allocated between different money market instruments.Asset allocation divides RBC European's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
RBC Fundamentals
| Total Asset | 1.04 B | |||
| One Year Return | 0.03 % | |||
| Three Year Return | 3.65 % | |||
| Net Asset | 1.04 B | |||
| Minimum Initial Investment | 500 | |||
| Cash Position Weight | 1.41 % | |||
| Equity Positions Weight | 98.59 % |
About RBC European Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze RBC European Mid Cap's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of RBC European using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of RBC European Mid Cap based on its fundamental data. In general, a quantitative approach, as applied to this fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with RBC European
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if RBC European position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in RBC European will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to RBC European could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace RBC European when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back RBC European - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling RBC European Mid Cap to buy it.
The correlation of RBC European is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as RBC European moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if RBC European Mid moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for RBC European can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in RBC Fund
RBC European financial ratios help investors to determine whether RBC Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in RBC with respect to the benefits of owning RBC European security.
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