RBC Global Equity Leaders Fund
Data updated: 2025-08-25
C000232920 — RBC Global Equity Leaders Fund. Global (incl. US) Large Cap Blend / Core Equity · $5.89M AUM. Holdings, fees, performance and SEC filings.
C000232920 Fund Overview
RBC Global Equity Leaders Fund is a US mutual fund managed by Rbc Funds Trust, categorised as Global (incl. US) Large Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Rbc Funds Trust
- Category: Global (incl. US) Large Cap Blend / Core Equity
- Assets under management: $5.89M
- 1-year return: 14.2%
- SEC CIK: 0001272950
- SEC series ID: S000074755
- Share class ID: C000232920
C000232920 Investment Objective and Strategy
RBC Global Equity Leaders Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Rbc Funds Trust.
Investment objective
The Fund seeks to provide long-term capital growth.
Principal investment strategy
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. Under normal circumstances, the Fund aims to achieve its investment objective by investing at least 80% of the value of its net assets (plus any borrowings for investment purposes) in equity securities. The Fund also will, under normal market conditions: (1) invest at least 40% of its assets outside the United States, or if market conditions are not favorable, at least 30% of its assets outside the United States, and (2) hold securities of issuers located in at least three countries. The Fund determines where a company is located, and thus, whether a company is considered to be located outside the United States by considering whether: (i) it is organized under the laws of or maintains its principal office in a country located outside the United States; (ii) its securities are principally traded on trading markets in countries located outside the United States; (iii) it derives at least 50% of its total revenue or profits from either goods produced or services performed or sales made in countries located outside the United States; or (iv) it has at least 50% of its assets in countries located outside the United States.
The Fund will typically invest in 20 to 40 equity securities of companies that the Sub-Advisor believes are, or have the potential to become, leaders in their respective industries. This assessment is based upon a consideration of the sustainability of a companys competitive advantage, quality of management and environmental, social and governance (ESG) stewardship. This determination is not restricted to balance sheet or income statement metrics. 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. A convertible security is considered an equity security for purposes of the Funds 80% policy only if the convertible security is in the money at the time of investment.
The equity securities in which the Fund may invest will generally be issued by mid- to large-capitalization companies. 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 Funds benchmark index; and (iii) the International Monetary Funds definition and list of developing and emerging market countries. The Fund will invest across a number of countries and regions at any one time but will not necessarily be invested across all countries and regions. 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. The Fund is non-diversified and, therefore, compared to a diversified investment company, the Fund may invest a greater percentage of its assets in securities of a particular issuer. 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-Advisors 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 all equity holdings and inform the Sub-Advisors opinion on ESG risk levels and whether an investments business model has a net benefit for society. The Sub-Advisors 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 and/or influence (or identify the need to influence) involving 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.
C000232920 Holdings
Top 10 holdings of RBC Global Equity Leaders Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Microsoft Corp | 7.14% |
| Amazon.com Inc | 5.02% |
| NVIDIA Corp | 4.66% |
| Unilever PLC | 4.27% |
| DBS Group Holdings Ltd | 4.24% |
| Safran SA | 4.01% |
| Blackstone Inc | 3.60% |
| ABB Ltd | 3.58% |
| AIA Group Ltd | 3.22% |
| Sap SE | 3.12% |
C000232920 Portfolio Allocation
Asset-class allocation of RBC Global Equity Leaders Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 98.6% |
| Cash & Equivalents | 1.4% |
C000232920 Performance
Total returns for C000232920 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 14.2% |
| 3 years (annualised) | 15.0% |
C000232920 Risk Information
Risk metrics for C000232920, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 11.4%
C000232920 Costs and Fees
C000232920 costs about $70 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.70%
- Gross expense ratio: 6.05%
- Portfolio turnover: 47%
- Brokerage commissions: 4.16 bps of average net assets (SEC N-CEN)
C000232920 Cashflows
Over the 12 months to 2025-06, RBC Global Equity Leaders Fund had net inflows of $58.10K, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2025-06 | $0 |
| 2025-05 | $0 |
| 2025-04 | $25.00K |
| 2025-03 | $0 |
| 2025-02 | $0 |
| 2025-01 | $0 |
C000232920 Debt Constituents
No individual debt constituents are reported in RBC Global Equity Leaders Fund's latest SEC N-PORT filing.
C000232920 Prospectus and SEC Filings
Official RBC Global Equity Leaders Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2024-07-26
- Prospectus (485BPOS) — filed 2023-07-26
- Prospectus (485BPOS) — filed 2022-07-28
- Portfolio holdings (N-PORT) — filed 2025-08-25
- Portfolio holdings (N-PORT) — filed 2025-05-22
- Portfolio holdings (N-PORT) — filed 2025-02-27
- Annual census (N-CEN) — filed 2025-06-16
- Annual census (N-CEN) — filed 2024-06-07
Related Funds
Other Global (incl. US) Large Cap Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.