TMVAX Performance — RBC Microcap Value Fund, Class A
Data updated: 2025-08-25
TMVAX returned +12.27% over one year to Jun 2025. Over one year the fund beat its US Small Value category average: $100 grew to $112, against $105 for the category. Volatility over the past 12 months was 21.53% a year. In the 12 months to Jun 2025 the fund lost a net $1.8M, and assets reached $105.52M.
TMVAX Growth of $100
What $100 invested in RBC Microcap Value Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Small Value category average over the same months.
| Period | TMVAX | Category average |
|---|---|---|
| 1 year (Jul 2024 – Jun 2025) | $112 | $105 |
| 3 years (Jul 2022 – Jun 2025) | $133 | $130 |
| 5 years (Jul 2020 – Jun 2025) | $203 | $187 |
| Since data start (Jul 2019 – Jun 2025) | $170 | $163 |
TMVAX Trailing Returns
Total returns to Jun 2025, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +12.27% |
3- and 5-year figures withheld: not verified.
TMVAX Annual Returns
Calendar-year total returns of RBC Microcap Value Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2025 (Jan–Jun) | −1.75% |
| 2024 | +10.76% |
| 2023 | +16.97% |
| 2022 | −10.85% |
| 2021 | +36.28% |
| 2020 | +1.35% |
| 2019 (Jul–Dec) | +8.24% |
TMVAX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | +1.3% | −3.2% | −6.9% | −2.4% | +5.2% | +4.8% | — | — | — | — | — | — |
| 2024 | −3.6% | +0.8% | +2.7% | −5.4% | +4.2% | −1.6% | +12.8% | −1.9% | +0.5% | −1.6% | +11.0% | −5.8% |
| 2023 | +7.4% | 0.0% | −7.7% | −3.7% | −2.0% | +8.6% | +7.8% | −3.7% | −4.6% | −2.9% | +7.2% | +11.6% |
| 2022 | −4.5% | −0.1% | −0.7% | −5.2% | +2.1% | −6.9% | +7.5% | −2.7% | −10.1% | +10.9% | +4.6% | −4.3% |
| 2021 | +3.5% | +10.6% | +6.2% | +2.4% | +2.6% | −1.3% | −0.8% | +3.0% | −1.9% | +4.9% | −1.7% | +4.6% |
| 2020 | −4.9% | −8.6% | −25.7% | +10.2% | +3.6% | +4.5% | +2.1% | +5.1% | −2.9% | +3.4% | +14.8% | +6.3% |
| 2019 | — | — | — | — | — | — | +0.9% | −4.0% | +5.0% | +1.5% | +1.6% | +3.2% |
TMVAX Risk
Risk measures from monthly returns over Jul 2024 – Jun 2025.
- 1-year volatility (annualised): 21.53%
- Best month: +12.80% (Jul 2024)
- Worst month: −6.92% (Mar 2025)
TMVAX Fund Flows
Monthly money in and out of RBC Microcap Value Fund, from SEC Form N-PORT.
- 12-month net flow: −$1.8M
- 12-month gross sales (incl. reinvestments): $15.3M
- Sales ÷ redemptions: 0.90×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2025 | $332K | $347K | −$15K |
| May 2025 | $450K | $775K | −$325K |
| Apr 2025 | $730K | $3.9M | −$3.2M |
| Mar 2025 | $524K | $2.0M | −$1.5M |
| Feb 2025 | $249K | $1.0M | −$784K |
| Jan 2025 | $380K | $1.4M | −$1.1M |
| Dec 2024 | $10.3M | $2.4M | $7.9M |
| Nov 2024 | $327K | $1.1M | −$798K |
| Oct 2024 | $554K | $1.5M | −$923K |
| Sep 2024 | $633K | $1.2M | −$527K |
| Aug 2024 | $365K | $559K | −$194K |
| Jul 2024 | $458K | $880K | −$422K |
TMVAX Assets Under Management
Net assets of RBC Microcap Value Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2025-06-30 | $105.52M |
| 2025-03-31 | $101.66M |
| 2024-12-31 | $114.82M |
| 2024-09-30 | $115.93M |
| 2024-06-28 | $105.37M |
| 2024-03-28 | $110.04M |
| 2023-12-29 | $114.04M |
| 2023-09-29 | $101.77M |
| 2023-06-30 | $105.70M |
| 2023-03-31 | $103.62M |
| 2022-12-30 | $107.07M |
| 2022-09-30 | $99.44M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.