RCPIX Fees and Costs — RBC BlueBay Core Plus Bond Fund, Class I
Data updated: 2026-08-26
The net expense ratio is 0.46%: a 0.35% management fee plus 0.50% other expenses, less a 0.40% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $16K in broker commissions, 0.0259% of average net assets, and portfolio turnover was 842%.
RCPIX Fees and Expenses
Annual operating expenses and sales charges of RCPIX. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.35% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.50% |
| Gross expense ratio | 0.86% |
| Fee waiver | −0.40% |
| Net expense ratio | 0.46% |
| 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 |
RCPIX Costs Over Time
On $10,000 invested in RCPIX, assuming 5% a year before costs, total costs come to $307 over 5 years, cutting the return by 0.51% 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 0.46%) | $48 | $152 | $264 |
| Trading costs (broker commissions) | $3 | $9 | $15 |
| Lost growth on money paid in costs | $0 | $8 | $28 |
| Total costs | $51 | $168 | $307 |
| Value after costs | $10,449 | $11,408 | $12,456 |
| Impact on return, per year | 0.51% | 0.51% | 0.51% |
RCPIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0259%
- Total broker commissions: $16K
- Bought from dealers (principal trades, not a cost): $1.4B
- Portfolio turnover (prospectus): 842%
- Securities lending: none during the year
RCPIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CITIGROUP GLOBAL MARKETS INC. | $9K | 53.11% |
| MORGAN STANLEY & CO. LLC | $4K | 23.27% |
| BNP PARIBAS SECURITIES CORP. | $2K | 14.59% |
| GOLDMAN SACHS & CO. LLC | $1K | 8.65% |
| BARCLAYS CAPITAL, INC. | $60 | 0.37% |
RCPIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| RBC BlueBay U.S. Government Money Market Fund | $295.4M | 26.68% |
| WELLS FARGO SECURITIES, LLC | $289.7M | 26.16% |
| J.P. Morgan Securities LLC | $102.6M | 9.26% |
| BOFA SECURITIES, INC. | $96.5M | 8.71% |
| STATE STREET GLOBAL MARKETS, LLC | $81.0M | 7.31% |
| MARKETAXESS CORPORATION | $61.6M | 5.56% |
| GOLDMAN SACHS & CO. LLC | $52.0M | 4.69% |
| CitiGroup Global Markets Inc. | $46.6M | 4.21% |
| MORGAN STANLEY & CO. LLC | $43.2M | 3.90% |
| JEFFERIES LLC | $38.9M | 3.51% |
RBC BlueBay Core Plus Bond Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| RCPRX | Class R6 | 0.41% | none |
| RCPIX | Class I | 0.46% | none |
| RCPAX | Class A | 0.71% | 3.75% |
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.