The investment seeks to achieve a high level of current income consistent with preservation of capital.
The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its assets in fixed income securities. It may invest in securities with fixed, floating, or variable rates of interest. The fund may invest up to 25% of its net assets in securities that are non-investment grade (high yield/junk bond). It typically seeks to maintain a duration of six to eighteen months.
Links:  http://www.globalfunddata.com/funds/new/performance/management?variant=RBC Global Asset Management
 http://www.globalfunddata.com/funds/new/performance/domicile?variant=United States
 http://www.globalfunddata.com/funds/new/performance/fund_administrator?variant=RBC Global Asset Management (U.S.) Inc.
 http://www.globalfunddata.com/funds/new/performance/strategy?variant=Ultrashort Bond
 http://www.globalfunddata.com/funds/new/performance/structure?variant=Open Ended Investment Company
 http://www.globalfunddata.com/funds/new/performance/city?variant=Minneapolis___United States
 http://www.globalfunddata.com/funds/new/performance/country?variant=United States
 http://www.globalfunddata.com/funds/new/performance/custodian?variant=U.S. Bank National Association
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