C000232918 Fees and Costs — RBC Global Equity Leaders Fund, Class I
Data updated: 2025-08-25
The net expense ratio is 0.75%: a 0.65% management fee plus 5.13% other expenses, less a 5.03% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $2K in broker commissions, 0.0416% of average net assets, and portfolio turnover was 47%.
C000232918 Fees and Expenses
Annual operating expenses and sales charges of C000232918. Prospectus, as of July 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.00% |
| Other expenses | 5.13% |
| Gross expense ratio | 5.78% |
| Fee waiver | −5.03% |
| Net expense ratio | 0.75% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
C000232918 Costs Over Time
On $10,000 invested in C000232918, assuming 5% a year before costs, total costs come to $497 over 5 years, cutting the return by 0.83% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.75%) | $79 | $246 | $428 |
| Trading costs (broker commissions) | $4 | $14 | $24 |
| Lost growth on money paid in costs | $0 | $13 | $46 |
| Total costs | $83 | $273 | $497 |
| Value after costs | $10,417 | $11,304 | $12,266 |
| Impact on return, per year | 0.83% | 0.83% | 0.83% |
C000232918 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0416%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): $2.6M
- Portfolio turnover (prospectus): 47%
- Securities lending: none during the year
C000232918 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CitiGroup Global Markets Inc. | $294 | 16.51% |
| GOLDMAN SACHS & CO. LLC | $287 | 16.10% |
| JEFFERIES LLC | $275 | 15.42% |
| UBS Securities LLC | $215 | 12.08% |
| BOFA SECURITIES, INC. | $175 | 9.81% |
| J.P. Morgan Securities LLC | $155 | 8.67% |
| NORDEA BANK DANMARK A/S | $129 | 7.26% |
| WELLS FARGO SECURITIES, LLC | $124 | 6.96% |
| BARCLAYS CAPITAL, INC. | $75 | 4.22% |
| CLSA AMERICAS, LLC | $53 | 2.99% |
C000232918 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| RBC BlueBay U.S. Government Money Market Fund | $2.6M | 100.00% |
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.