Continue to site >
Trending ETFs
You have successfully subscribed to Advisor Access. Thank you!
Help us personalize your experience.
Which type of investor describes you best?
Help us personalize your experience.
What is your AUM?
Knowing your investable assets will help us build and prioritize features that will suit your investment needs.

Congratulations on personalizing your experience.

Email is verified. Thank you!

Name

As of 04/11/2024

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

RBC International Opportunities Fund

RIOIX | Fund

$10.05

$93.9 M

0.00%

$0.00

1.07%

Vitals

YTD Return

1.5%

1 yr return

-1.7%

3 Yr Avg Return

-5.6%

5 Yr Avg Return

3.4%

Net Assets

$93.9 M

Holdings in Top 10

47.1%

52 WEEK LOW AND HIGH

$10.0
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.07%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 37.00%

Redemption Fee 2.00%

Min Investment

Standard (Taxable)

$100,000

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 04/11/2024

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

RBC International Opportunities Fund

RIOIX | Fund

$10.05

$93.9 M

0.00%

$0.00

1.07%

RIOIX - Profile

Distributions

  • YTD Total Return 1.5%
  • 3 Yr Annualized Total Return -5.6%
  • 5 Yr Annualized Total Return 3.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.71%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    RBC International Opportunities Fund
  • Fund Family Name
    RBC Global Asset Management.
  • Inception Date
    Dec 03, 2014
  • Shares Outstanding
    N/A
  • Share Class
    I
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Habib Subjally

Fund Description

The Fund seeks to achieve its investment objective by primarily investing in equity securities of issuers located throughout the world, including both developed and emerging markets, excluding the U.S. The Fund will invest in securities across all market capitalizations, although the Fund may invest a significant portion of its assets in companies of one particular market capitalization category.
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.
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 ESG factors into investment decision making by the Sub‑Advisor.
The Sub‑Advisor uses a competitive dynamics assessment which considers a company’s business model, opportunity to take market share, access to growing end‑markets, strength of management team, and fundamental valuation. The Sub‑Advisor uses a disciplined risk management process to actively manage and diversify risk exposures (such as currency, market or geography) which permits long-term returns to be predominately driven by bottom‑up fundamental stock selection.
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. 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 has a net benefit for society.
The Sub‑Advisor’s ESG integration approach incorporates 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.
The Fund diversifies its investments among a number of different countries throughout the world, including both developed and emerging markets. 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 Fund will normally invest in a portfolio of equity securities denominated in currencies of foreign developed countries, and in currencies of the local emerging market countries. Currencies of developed countries include: 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.
Read More

RIOIX - Performance

Return Ranking - Trailing

Period RIOIX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.5% -6.1% 19.0% 75.13%
1 Yr -1.7% -5.9% 27.1% 97.99%
3 Yr -5.6%* -21.5% 9.5% 79.43%
5 Yr 3.4%* -2.8% 12.9% 86.45%
10 Yr N/A* -0.6% 9.4% N/A

* Annualized

Return Ranking - Calendar

Period RIOIX Return Category Return Low Category Return High Rank in Category (%)
2023 2.4% -0.4% 28.6% 98.50%
2022 -24.8% -49.5% -13.3% 35.43%
2021 -0.2% -22.2% 19.3% 58.96%
2020 14.8% -4.9% 85.0% 74.93%
2019 24.8% -4.0% 45.1% 59.76%

Total Return Ranking - Trailing

Period RIOIX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.5% -6.1% 19.0% 75.13%
1 Yr -1.7% -5.9% 27.1% 97.99%
3 Yr -5.6%* -21.5% 9.5% 79.43%
5 Yr 3.4%* -2.8% 12.9% 86.45%
10 Yr N/A* -0.6% 9.4% N/A

* Annualized

Total Return Ranking - Calendar

Period RIOIX Return Category Return Low Category Return High Rank in Category (%)
2023 3.7% 1.8% 28.6% 99.00%
2022 -20.9% -44.4% -11.0% 21.36%
2021 5.4% -20.6% 20.5% 66.49%
2020 22.1% -4.9% 97.1% 53.68%
2019 29.9% 0.5% 45.3% 36.04%

NAV & Total Return History

RIOIX - Holdings

Concentration Analysis

RIOIX Category Low Category High RIOIX % Rank
Net Assets 93.9 M 191 K 137 B 84.37%
Number of Holdings 35 4 1730 89.08%
Net Assets in Top 10 44.2 M 67.7 K 34.8 B 82.88%
Weighting of Top 10 47.07% 11.2% 100.2% 10.67%

Top 10 Holdings

  1. Taiwan Semiconductor Manufacturing Co Ltd 7.19%
  2. AIA Group Ltd 5.20%
  3. InterContinental Hotels Group PLC 4.87%
  4. HDFC Bank Ltd 4.61%
  5. DBS Group Holdings Ltd 4.52%
  6. Novo Nordisk A/S 4.46%
  7. Deutsche Post AG 4.41%
  8. E.Sun Financial Holding Co Ltd 4.22%
  9. Anheuser-Busch InBev SA/NV 3.85%
  10. Equinor ASA 3.74%

Asset Allocation

Weighting Return Low Return High RIOIX % Rank
Stocks 		99.45% 85.39% 101.65% 7.69%
Cash 		0.97% 0.00% 10.35% 75.19%
Preferred Stocks 		0.00% 0.00% 4.57% 36.97%
Other 		0.00% -1.92% 4.14% 31.27%
Convertible Bonds 		0.00% 0.00% 2.45% 8.46%
Bonds 		0.00% 0.00% 0.07% 8.44%

Stock Sector Breakdown

Weighting Return Low Return High RIOIX % Rank
Financial Services 		27.51% 0.00% 38.62% 0.75%
Industrials 		12.41% 0.68% 31.28% 72.89%
Basic Materials 		12.25% 0.00% 23.15% 10.20%
Healthcare 		10.22% 1.36% 29.58% 86.32%
Consumer Cyclical 		9.60% 0.00% 46.28% 64.93%
Consumer Defense 		8.50% 0.00% 25.77% 47.26%
Technology 		8.48% 1.51% 38.21% 95.77%
Energy 		6.62% 0.00% 24.97% 14.18%
Utilities 		2.56% 0.00% 9.05% 13.43%
Communication Services 		1.85% 0.00% 41.13% 79.10%
Real Estate 		0.00% 0.00% 6.64% 50.50%

Stock Geographic Breakdown

Weighting Return Low Return High RIOIX % Rank
Non US 		87.65% 0.00% 101.44% 36.23%
US 		11.80% 0.00% 100.16% 55.33%

RIOIX - Expenses

Operational Fees

RIOIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.07% 0.01% 13.07% 48.88%
Management Fee 0.70% 0.00% 1.50% 45.41%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.80% 0.03% 0.80% 98.32%

Sales Fees

RIOIX 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

RIOIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 0.25% 2.00% 9.52%

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.

RIOIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 37.00% 7.00% 149.00% 65.35%

RIOIX - Distributions

Dividend Yield Analysis

RIOIX Category Low Category High RIOIX % Rank
Dividend Yield 0.00% 0.00% 12.86% 76.87%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

RIOIX Category Low Category High RIOIX % Rank
Net Income Ratio 0.71% -1.69% 3.16% 25.56%

Capital Gain Distribution Analysis

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

Distributions History

View More +

RIOIX - Fund Manager Analysis

Managers

Habib Subjally

Start Date

Tenure

Tenure Rank

Dec 03, 2014

7.5

7.5%

Habib has served as Head of Global Equities and leader of this team since 2006. Prior to that, he held positions at Head of Global Equities with First State Investments, April 2006 to March 2014, Credit Suisse (Head of Small & Mid Cap Research), Invesco (Head of Global Equities), Merrill Lynch Investment Managers (Head of North American and Global Equities Research, and Manager, Mercury Global Titans Fund) and Ernst & Young. Habib holds a BSc (Hons) from the London School of Economics and the Chartered Accountant and ASIP designations.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 26.94 7.65 20.01

Advertisement

×

Wait! Do you know all the important aspects of mutual funds?

×

Free Advisor Access newsletter emailed to you.

Receive free and exclusive email updates for financial advisors about best performers, news, CE accredited webcasts and more.

Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.

Disclaimer: By registering, you agree to share your data with MutualFunds.com and opt-in to receiving occasional communications about projects and events. The contents of this form are subject to the MutualFunds.com Privacy Policy. You can unsubscribe at any time.