RBTRX Fees and Costs — RBC BlueBay Global Bond Fund, Class I
Data updated: 2021-08-24
The net expense ratio is 0.53%: a 0.45% management fee plus 1.29% other expenses, less a 1.22% fee waiver. This share class carries a redemption fee of 2.00%. In fiscal 2020 the fund paid $233 in broker commissions, 0.0008% of average net assets, and portfolio turnover was 94%.
RBTRX Fees and Expenses
Annual operating expenses and sales charges of RBTRX. Prospectus, as of January 31, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 0.00% |
| Other expenses | 1.29% |
| Gross expense ratio | 1.75% |
| Fee waiver | −1.22% |
| Net expense ratio | 0.53% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 2.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
RBTRX Costs Over Time
On $10,000 invested in RBTRX, assuming 5% a year before costs, total costs come to $335 over 5 years, cutting the return by 0.56% 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 0.53%) | $56 | $174 | $304 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $9 | $31 |
| Total costs | $56 | $183 | $335 |
| Value after costs | $10,444 | $11,393 | $12,428 |
| Impact on return, per year | 0.56% | 0.56% | 0.56% |
RBTRX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2020.
- Explicit cost rate (commissions ÷ average net assets): 0.0008%
- Total broker commissions: $233
- Bought from dealers (principal trades, not a cost): $175.2M
- Portfolio turnover (prospectus): 94%
- Securities lending: none during the year
RBTRX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CitiGroup Global Markets Inc. | $175 | 75.11% |
| GOLDMAN SACHS & CO. LLC | $25 | 10.73% |
| CREDIT SUISSE SECURITIES (USA) LLC | $25 | 10.73% |
| MORGAN STANLEY & CO. LLC | $5 | 2.15% |
| BARCLAYS CAPITAL, INC. | $3 | 1.29% |
RBTRX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| U.S. Government Money Market Fund | $84.4M | 55.45% |
| BARCLAYS CAPITAL, INC. | $14.7M | 9.68% |
| CitiGroup Global Markets Inc. | $13.3M | 8.71% |
| MERRILL LYNCH INTERNATIONAL | $11.0M | 7.21% |
| MORGAN STANLEY & CO. LLC | $7.8M | 5.12% |
| WELLS FARGO SECURITIES, LLC | $6.9M | 4.56% |
| NATWEST MARKETS SECURITIES INC. | $4.1M | 2.71% |
| DEUTSCHE BANK SECURITIES, INC. | $4.1M | 2.67% |
| HSBC SECURITIES (USA), INC. | $3.1M | 2.05% |
| The Toronto-Dominion Bank | $2.8M | 1.86% |
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.