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Trending ETFs

Name

As of 03/26/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$12.58

$2.33 B

1.59%

$0.20

1.03%

Vitals

YTD Return

0.6%

1 yr return

9.5%

3 Yr Avg Return

-3.8%

5 Yr Avg Return

3.3%

Net Assets

$2.33 B

Holdings in Top 10

40.5%

52 WEEK LOW AND HIGH

$12.6
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.03%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 14.00%

Redemption Fee 2.00%


Min Investment

Standard (Taxable)

$250,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 03/26/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$12.58

$2.33 B

1.59%

$0.20

1.03%

REEIX - Profile

Distributions

  • YTD Total Return 0.6%
  • 3 Yr Annualized Total Return -3.8%
  • 5 Yr Annualized Total Return 3.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.01%
DIVIDENDS
  • Dividend Yield 1.6%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    RBC Emerging Markets Equity Fund
  • Fund Family Name
    RBC Global Asset Management.
  • Inception Date
    Dec 20, 2013
  • Shares Outstanding
    N/A
  • Share Class
    I
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Philippe Langham

Fund Description

The Fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its assets in equity securities tied to emerging market countries that are considered by the Fund to have the potential to provide long-term capital growth. For purposes of this policy, the term “assets” means net assets plus the amount of borrowings for investment purposes.
A security is economically tied to an emerging market country if it is issued by a foreign government (or any political subdivision, agency, authority or instrumentality of such government) or corporation and the security is principally traded on the emerging market country’s securities markets, or a minimum of 50% of the issuer’s assets are within the economies of emerging market countries. In determining whether a country is emerging or developed, the Fund may consider (i) classifications by the World Bank, the International Finance Corporation or the United Nations (and its agencies); (ii) classifications by the Fund’s benchmark index; and (iii) the International Monetary Fund’s definition and list of developing and emerging market countries.
The equity securities in which the Fund may invest include, but are not limited to, common stock, preferred stock, convertible securities, American Depositary Receipts, European Depositary Receipts, Global Depositary Receipts, participation notes, warrants and rights.
The Fund will normally invest in a portfolio of equity securities denominated in both the U.S. Dollar and currencies of other developed countries, and in currencies of the local emerging market countries. Currencies of developed countries include: U.S. Dollar, Canadian Dollar, Euro, GB Pound and Japanese Yen. Local currencies can be defined as the currency of the issuer based in non‑U.S. countries worldwide (e.g. Brazil bonds issued in Brazilian Real).
As part of the investment process, the Sub‑Advisor incorporates material environmental, social and governance (“ESG”) factors to consider issuers’ oversight and management of these material ESG factors. The ESG factors deemed material to the Fund are at the discretion of the Sub‑Advisor.
ESG integration is defined by the Sub‑Advisor as the incorporation of material environmental, social and governance (“ESG”) factors into investment decision making by the Sub‑Advisor.
The Sub‑Advisor’s ESG analysis framework focuses on the economic activities and operational conduct of its equity investments, and considers a range of ESG factors including, but not limited to, corporate governance, employee health and safety, human rights, and environmental management, where material. ESG factors are used as part of the investment analysis for equity holdings and inform the Sub‑Advisor’s opinion on ESG risk levels and whether an investment’s business model appropriately embeds sustainability and ESG considerations.
The Sub‑Advisor’s ESG integration approach includes proprietary ESG checklists, internal research, analysis and discussion, and ESG data from third party providers.
ESG engagement is defined by the Sub‑Advisor as the interactions between the Sub‑Advisor and current or potential investees (which may be companies and/or other stakeholders of relevance to the investees) on ESG issues. ESG engagements are undertaken to gain insight on and/or influence (or identify the need to influence) ESG practices and/or improve ESG disclosure, to the extent possible. The Sub‑Advisor undertakes engagement activities on an on‑going basis. The Sub‑Advisor also votes all proxies in accordance with its fiduciary duty.
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REEIX - Performance

Return Ranking - Trailing

Period REEIX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.6% -6.1% 14.4% 86.93%
1 Yr 9.5% -6.1% 41.9% 67.92%
3 Yr -3.8%* -22.7% 9.1% 35.72%
5 Yr 3.3%* -7.2% 11.5% 42.56%
10 Yr 5.0%* -2.3% 6.8% 10.74%

* Annualized

Return Ranking - Calendar

Period REEIX Return Category Return Low Category Return High Rank in Category (%)
2023 10.3% -6.5% 35.5% 32.66%
2022 -15.8% -50.1% -2.4% 6.54%
2021 -7.0% -33.1% 22.5% 60.65%
2020 15.6% -22.1% 80.1% 54.69%
2019 13.7% -0.7% 42.0% 82.46%

Total Return Ranking - Trailing

Period REEIX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.6% -6.1% 14.4% 86.93%
1 Yr 9.5% -6.1% 41.9% 67.92%
3 Yr -3.8%* -22.7% 9.1% 35.72%
5 Yr 3.3%* -7.2% 11.5% 42.56%
10 Yr 5.0%* -2.3% 6.8% 10.74%

* Annualized

Total Return Ranking - Calendar

Period REEIX Return Category Return Low Category Return High Rank in Category (%)
2023 12.1% -2.7% 42.0% 39.81%
2022 -14.6% -42.2% 1.9% 8.76%
2021 -4.4% -32.5% 33.1% 71.07%
2020 16.8% -20.0% 81.6% 58.68%
2019 17.3% 2.3% 42.0% 78.63%

NAV & Total Return History


REEIX - Holdings

Concentration Analysis

REEIX Category Low Category High REEIX % Rank
Net Assets 2.33 B 653 K 96.1 B 22.00%
Number of Holdings 53 10 6829 87.07%
Net Assets in Top 10 1.07 B 299 K 17.9 B 17.20%
Weighting of Top 10 40.45% 2.9% 122.2% 24.43%

Top 10 Holdings

  1. Taiwan Semiconductor Manufacturing Co Ltd 7.07%
  2. SK Hynix Inc 4.28%
  3. Fomento Economico Mexicano SAB de CV 4.20%
  4. Tata Consultancy Services Ltd 4.15%
  5. Antofagasta PLC 4.06%
  6. Tencent Holdings Ltd 3.80%
  7. HDFC Bank Ltd 3.59%
  8. Mahindra Mahindra Ltd 3.34%
  9. HDFC Bank Ltd 3.16%
  10. Unilever PLC 2.80%

Asset Allocation

Weighting Return Low Return High REEIX % Rank
Stocks
98.41% 0.00% 103.65% 24.80%
Preferred Stocks
1.56% 0.00% 10.17% 31.33%
Cash
0.03% -2.03% 20.51% 92.80%
Other
0.00% -1.64% 50.31% 72.67%
Convertible Bonds
0.00% 0.00% 7.40% 70.34%
Bonds
0.00% 0.00% 94.30% 74.93%

Stock Sector Breakdown

Weighting Return Low Return High REEIX % Rank
Financial Services
28.34% 0.00% 48.86% 8.64%
Technology
25.20% 0.00% 47.50% 33.74%
Consumer Cyclical
11.39% 0.00% 48.94% 55.47%
Healthcare
8.70% 0.00% 16.53% 13.63%
Consumer Defense
8.63% 0.00% 25.90% 22.94%
Basic Materials
5.82% 0.00% 30.03% 69.91%
Communication Services
5.45% 0.00% 39.29% 81.92%
Industrials
4.00% 0.00% 43.53% 79.08%
Real Estate
2.47% 0.00% 17.15% 27.94%
Utilities
0.00% 0.00% 39.12% 90.69%
Energy
0.00% 0.00% 24.80% 96.49%

Stock Geographic Breakdown

Weighting Return Low Return High REEIX % Rank
Non US
79.20% 0.00% 100.18% 69.33%
US
19.21% 0.00% 101.58% 23.60%

REEIX - Expenses

Operational Fees

REEIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.03% 0.03% 24.48% 74.30%
Management Fee 0.80% 0.00% 2.00% 37.92%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.80% 0.01% 0.85% 99.12%

Sales Fees

REEIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

REEIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 1.00% 2.00% 58.33%

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

REEIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 14.00% 0.00% 189.00% 10.62%

REEIX - Distributions

Dividend Yield Analysis

REEIX Category Low Category High REEIX % Rank
Dividend Yield 1.59% 0.00% 9.88% 56.27%

Dividend Distribution Analysis

REEIX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual Annual Annual

Net Income Ratio Analysis

REEIX Category Low Category High REEIX % Rank
Net Income Ratio 1.01% -1.98% 17.62% 40.39%

Capital Gain Distribution Analysis

REEIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

REEIX - Fund Manager Analysis

Managers

Philippe Langham


Start Date

Tenure

Tenure Rank

Dec 20, 2013

8.45

8.5%

Philippe is Head of Emerging Markets Equities & Senior Portfolio Manager. He has worked in the investment industry since 1992 and joined the firm in 2009 to establish and lead the team that manages the emerging markets equity strategies. Prior to RBC, Philippe was Head of Global Emerging Markets with Société Générale Asset Management S.A. Philippe holds a Bachelor’s degree in Economics from the University of Manchester and is a qualified Chartered Accountant.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.09 33.71 6.53 13.42