RECIX Fees and Costs — RBC Emerging Markets ex-China Equity Fund, Class I
Data updated: 2026-08-26
The net expense ratio is 0.90%: a 0.80% management fee plus 0.59% other expenses, less a 0.49% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $32K in broker commissions, 0.0479% of average net assets, and portfolio turnover was 24%.
RECIX Fees and Expenses
Annual operating expenses and sales charges of RECIX. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.59% |
| Gross expense ratio | 1.39% |
| Fee waiver | −0.49% |
| Net expense ratio | 0.90% |
| 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 |
RECIX Costs Over Time
On $10,000 invested in RECIX, assuming 5% a year before costs, total costs come to $594 over 5 years, cutting the return by 1.00% 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 0.90%) | $94 | $295 | $512 |
| Trading costs (broker commissions) | $5 | $16 | $27 |
| Lost growth on money paid in costs | $0 | $15 | $54 |
| Total costs | $100 | $326 | $594 |
| Value after costs | $10,400 | $11,250 | $12,169 |
| Impact on return, per year | 1.00% | 1.00% | 1.00% |
RECIX 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): 0.0479%
- Total broker commissions: $32K
- Bought from dealers (principal trades, not a cost): $32.7M
- Portfolio turnover (prospectus): 24%
- Securities lending: none during the year
RECIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS Securities LLC | $7K | 25.42% |
| BOFA SECURITIES, INC. | $6K | 22.52% |
| HSBC SECURITIES (USA) INC. | $3K | 10.47% |
| KB Securities Co., Ltd | $2K | 7.68% |
| J.P. Morgan Securities LLC | $2K | 7.60% |
| CREDIT AGRICOLE SECURITIES (USA), INC. | $2K | 5.93% |
| MACQUARIE CAPITAL (USA), INC. | $2K | 5.28% |
| MORGAN STANLEY & CO. LLC | $1K | 5.07% |
| CLSA AMERICAS, LLC | $1K | 5.02% |
| GRUPO BURSATIL MEXICANO SA | $1K | 5.01% |
RECIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| RBC BlueBay U.S. Government Money Market Fund | $32.7M | 100.00% |
RBC Emerging Markets ex-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 |
|---|---|---|---|
| RECIX | Class I | 0.90% | none |
| RECRX | Class R6 | 0.90% | none |
| RECAX | Class A | 1.13% | 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.