RBCIX Fees and Costs — RBC China Equity Fund, Class I
Data updated: 2026-08-26
The net expense ratio is 1.05%: a 0.80% management fee plus 4.64% other expenses, less a 4.39% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $14K in broker commissions, 0.2271% of average net assets, and portfolio turnover was 134%.
RBCIX Fees and Expenses
Annual operating expenses and sales charges of RBCIX. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | 0.00% |
| Other expenses | 4.64% |
| Gross expense ratio | 5.44% |
| Fee waiver | −4.39% |
| Net expense ratio | 1.05% |
| 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 |
RBCIX Costs Over Time
On $10,000 invested in RBCIX, assuming 5% a year before costs, total costs come to $794 over 5 years, cutting the return by 1.34% 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 1.05%) | $110 | $343 | $593 |
| Trading costs (broker commissions) | $24 | $74 | $128 |
| Lost growth on money paid in costs | $0 | $21 | $73 |
| Total costs | $134 | $438 | $794 |
| Value after costs | $10,366 | $11,138 | $11,968 |
| Impact on return, per year | 1.34% | 1.34% | 1.34% |
RBCIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.2271%
- Total broker commissions: $14K
- Bought from dealers (principal trades, not a cost): $28K
- Portfolio turnover (prospectus): 134%
- Securities lending: none during the year
RBCIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $4K | 29.61% |
| BOFA SECURITIES, INC. | $2K | 13.95% |
| CitiGroup Global Markets Inc. | $1K | 9.21% |
| UBS Securities LLC | $1K | 8.55% |
| China International Capital Corporation Limited | $920 | 7.43% |
| CLSA AMERICAS, LLC | $857 | 6.92% |
| GOLDMAN SACHS & CO. LLC | $823 | 6.65% |
| J.P. Morgan Securities LLC | $781 | 6.31% |
| JEFFERIES LLC | $747 | 6.03% |
| MACQUARIE CAPITAL (USA), INC. | $660 | 5.33% |
RBCIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| UBS SECURITIES LLC | $28K | 99.99% |
| JP MORGAN SECURITIES LLC | $4 | 0.01% |
RBC China Equity Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| RBCRX | Class R6 | 1.00% | none |
| RBCIX | Class I | 1.05% | none |
| RCEAX | Class A | 1.30% | 5.75% |
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.