Alternatives
Fixed Income
Equities
Other links
Other links
  • See all results
  • See results in Products
  • See results in Insights

You are currently viewing the United States website Institutional website. You can change your location here or visit other RBC GAM websites.
Welcome to the RBC Global Asset Management site for Institutional Investors

In order to proceed to the site, please accept our Terms & Conditions.

This RBC Global Asset Management (U.S.) Website is intended for institutional investors only.

For purposes of this Website, the term "Institutional" includes but is not limited to sophisticated non-retail investors such as investment companies, banks, insurance companies, investment advisers, plan sponsors, endowments, government entities, high net worth individuals and those acting on behalf of institutional investors. The Website contains information, material and content about RBC Global Asset Management (collectively, the “Information”).

The Website and the Information are provided for information purposes only and do not constitute an offer, solicitation or invitation to buy or sell a security, any other product or service, or to participate in any particular trading strategy. The Website and the Information are not directed at or intended for use by any person resident or located in any jurisdiction where (1) the distribution of such information or functionality is contrary to the laws of such jurisdiction or (2) such distribution is prohibited without obtaining the necessary licenses and such authorizations have not been obtained. Investment strategies may not be eligible for sale or available to residents of certain countries or certain categories of investors.

The Information is provided without regard to the specific investment objectives, financial situation or particular needs of any specific recipient and does not constitute investment, tax, accounting or legal advice. Recipients are strongly advised to make an independent review with an investment professional and reach their own conclusions regarding the investment merits and risks, legal, credit, tax and accounting aspects of any transactions.

Accept Decline
.custom-button-white { border-color: #fff; background-color: #fff; color: #003168; } .custom-button-white:hover { border-color: #e3f4ff; background-color: #e3f4ff; } .adjust{ background-color: #fff } .adjust:hover{ background-color:#51B5E0; color: #003168 } #pinned-nav.nav-sticky:before { transform: scaleX(1); } #pinned-nav:before { content: ""; position: absolute; z-index: -1; left: 0; bottom: 0; width: 100%; height: 100%; transform: scaleX(0); background-color: #003168; transition: 0.25s ease-in-out; } #ri-nav-mob #ri-nav-mobButtonTrigger { align-items: center; justify-content: space-between; } .expandable-content-wrapper{ margin-top: 0 !important; } .expandable-arrow:before { color: white; } #ri-nav-mobButtonTrigger { outline: none; } #ri-nav-mob { background-color: #003168; padding-left: 30px; padding-right: 30px; display: none; z-index:99; } .mob-nav-item { list-style: none; padding-top: 15px; padding-bottom: 15px; } .mob-nav-link { color: white; } .mob-nav-link { color: #fff; text-decoration: none; border-bottom: 0; } #pinned-nav, #pinned-nav-mob { position: sticky; top: 54px; z-index:99 } #ri-nav { background-color: #003168; } #pinned-nav { height: auto; } .impact-nav-bar-link { color: #fff; padding-top: 21px; padding-bottom: 21px; } .impact-nav-bar-link.active::after { content: ''; position: absolute; left: 0; right: 0; bottom: 2px; height: 4px; background-color: #fff; width: 85%; } .report-nav-bar-item { padding-top: 21px; padding-bottom: 21px; margin: 0; auto; font-size: 14px; position: relative; } ul.report-nav-bar-items { padding-left: 0px; } .impact-nav-bar-link:hover { color: #fff; text-decoration: none; border-bottom: 0; } .impact-nav-bar-link:focus { outline: none; } #ri-nav .report-nav-bar-items { display: grid; grid-template-columns: 0.8fr 0.6fr 0.5fr 0.4fr 0.4fr 0.65fr; grid-gap: 15px; list-style-type: none; padding: 0 8px; } @media only screen and (max-width: 1199px) { #ri-nav .report-nav-bar-items { grid-template-columns: repeat(auto-fit, minmax(200px, 1fr)); } #ri-nav { display: none; } #ri-nav-mob { display: block; } } $(function () { $(document).scroll(function () { if ($(this).scrollTop() > 402) { $("#pinned-nav").addClass("nav-sticky"); $("#pinned-nav").removeClass("rbc-pinned"); $("#pinned-nav-mob").addClass("nav-sticky"); } else { $("#pinned-nav").removeClass("nav-sticky"); $("#pinned-nav").addClass("rbc-pinned"); $("#pinned-nav-mob").removeClass("nav-sticky"); } }); });

Impact results

Investments across our impact strategies

Real World Impact

21,882
Low- to moderate-income home buyers
106,173
Affordable rental units
6,071
Nursing home facility beds
27
Rural housing
101
Rural enterprise projects
1,032
Small business loans
145
Community economic development projects
17
Community-based not-for-profit organizations

Investments by theme

Investments by themee - chart
Affordable Homeownership 68.9%
Multi-Family Affordable Housing 11.8%
Health & Wellness 5.9%
Energy & Climate Change 5.6%
Water & Sanitation 3.7%
Small Business 3.5%
Financial Inclusion 0.4%
Education 0.4%
.chart-legend-item { color: rgb(0, 49, 104); padding-bottom: 20px; } .chart-legend-item::before { content: ""; display: inline-block; margin-right: 10px; width: 16px; height: 16px; border-radius: 50%; } .chart-legend-item-1::before { background-color: #003168; } .chart-legend-item-2::before { background-color: #ffca32; } .chart-legend-item-3::before { background-color: #97c6d5; } .chart-legend-item-4::before { background-color: #aabb38; } .chart-legend-item-5::before { background-color: #faa31b; } .chart-legend-item-6::before { background-color: #c1b5a5; } .chart-legend-item-7::before { background-color: #588886; } .chart-legend-item-8::before { background-color: #52b5e0; } .chart-legend-item-9::before { background-color: #899299; } .chart-legend-item-10::before { background-color: #b8a970; } .chart-legend-item-11::before { background-color: #6f6e70; } .chart-legend-item-12::before { background-color: #ffdf84; } .chart-legend-item-13::before { background-color: #abc4c3; } .chart-legend-item-14::before { background-color: #d4dd98; } .chart-legend-item-15::before { background-color: #fcd18d; } .chart-legend-item-16::before { background-color: #abc4c3; }

BlueBay U.S. Impact Bond Strategy

24.67%
Affordable Homeownership
21.11%
Health & Wellness
20.01%
Energy and Climate Change
13.20%
Water & Sanitation
10.12%
Multi-Family Affordable Housing
10.89%
Other

BlueBay Access Capital Community Investing Strategy

83.48%
Affordable Homeownership
12.47%
Multi-Family Affordable Housing
4.03%
Small Business
0.03%
Other

Tenant profile

$22.5K
Average annual income*
$363
Average monthly rent*
64%
of tenants are BIPOC*
56%
of households are headed by a senior (62 or older)*
20%
of households have a family member with a disability*

* Based on 159 properties where data is available

Subsidized rents for lower income families

5,679
New affordable rental
housing units created

*Property Management Research, Renter Statistics, 2021
**RBC GAM, US Census Bureau and Department of Housing and Urban Development, Open Data sets “Multi-Family Properties – Assisted” and “HUD Insured Multi-family Properties”, 2021
100% of properties have over 50% of units reserved for LMI* families
71% of units are women-headed households
99% of units at or below 80% of AMI

Source: across all our impact strategies

Monthly-family mortgage loan detail

hand coin icon
$112M
Total invested
241
Properties financed
28,096
Units financed

Mortgage Loan Detail

$655M
Total invested
7,366
Loans financed
$190K
Average home loan size
4.28%
Average interest rate
802
New low-to-moderate home buyers

Borrowers profile

documents coin icon
100%
Low-to-moderate income
$60K
Average borrower income
64%
Average borrower income as a % of AMI
53%
Of borrowers are BIPOC*
17%
Of borrowers are first time home-buyers*

As of 12.31.23 – Impact Bond strategy

Homeownership profile comparison

GSE - Government-Sponsored Enterprise
Back to top
What's next
.ri-footer .icon-wrapper { padding: 0 5px } .ri-next, .ri-last { display: flex; align-items: center; } @media (max-width: 768px) { .ri-footer { flex-direction: column !important } }

Disclosure

This material is provided by RBC Global Asset Management (RBC GAM) for informational purposes only and may not be reproduced, distributed or published without the written consent of RBC GAM or its affiliated entities listed herein. This material does not constitute an offer or a solicitation to buy or to sell any security, product or service in any jurisdiction; nor is it intended to provide investment, financial, legal, accounting, tax, or other advice and such information should not be relied or acted upon for providing such advice. This material is not available for distribution to investors in jurisdictions where such distribution would be prohibited.

RBC GAM is the asset management division of Royal Bank of Canada (RBC) which includes RBC Global Asset Management Inc. (RBC GAM Inc.), RBC Global Asset Management (U.S.) Inc. (RBC GAM-US), RBC Global Asset Management (UK) Limited (RBC GAM-UK), RBC Global Asset Management (Asia) Limited (RBC GAM-Asia) and RBC Indigo Asset Management Inc. (RBC Indigo), which are separate, but affiliated subsidiaries of RBC.

In Canada, this material is provided by RBC GAM Inc. (including PH&N Institutional) and/or RBC Indigo, each of which is regulated by each provincial and territorial securities commission with which it is registered. In the United States, this material is provided by RBC GAM-US, a federally registered investment adviser. In Europe this material is provided by RBC GAM-UK, which is authorised and regulated by the UK Financial Conduct Authority. In Asia, this material is provided by RBC GAM-Asia, which is registered with the Securities and Futures Commission (SFC) in Hong Kong.

Additional information about RBC GAM may be found at www.rbcgam.com.

This material has not been reviewed by, and is not registered with any securities or other regulatory authority, and may, where appropriate and permissible, be distributed by the above-listed entities in their respective jurisdictions.

Any investment and economic outlook information contained in this material has been compiled by RBC GAM from various sources. Information obtained from third parties is believed to be reliable, but no representation or warranty, express or implied, is made by RBC GAM, its affiliates or any other person as to its accuracy, completeness or correctness. RBC GAM and its affiliates assume no responsibility for any errors or omissions in such information.

Opinions contained herein reflect the judgment and thought leadership of RBC GAM and are subject to change at any time. Such opinions are for informational purposes only and are not intended to be investment or financial advice and should not be relied or acted upon for providing such advice. RBC GAM does not undertake any obligation or responsibility to update such opinions.

RBC GAM reserves the right at any time and without notice to change, amend or cease publication of this information.

Past performance is not indicative of future results. With all investments there is a risk of loss of all or a portion of the amount invested. Where return estimates are shown, these are provided for illustrative purposes only and should not be construed as a prediction of returns; actual returns may be higher or lower than those shown and may vary substantially, especially over shorter time periods. It is not possible to invest directly in an index.

Some of the statements contained in this material may be considered forward-looking statements which provide current expectations or forecasts of future results or events. Forward-looking statements are not guarantees of future performance or events and involve risks and uncertainties. Do not place undue reliance on these statements because actual results or events may differ materially from those described in such forward-looking statements as a result of various factors. Before making any investment decisions, we encourage you to consider all relevant factors carefully.

® / TM Trademark(s) of Royal Bank of Canada. Used under licence.

© RBC Global Asset Management Inc., 2024