REEAX Fees and Costs — RBC Emerging Markets Equity Fund, Class A
Data updated: 2026-08-26
The net expense ratio is 1.13%: a 0.80% management fee, a 0.25% 12b-1 fee plus 0.57% other expenses, less a 0.49% fee waiver. This share class carries a maximum front-end sales load of 5.75%. In fiscal 2026 the fund paid $1.5M in broker commissions, 0.0300% of average net assets, and portfolio turnover was 20%.
REEAX Fees and Expenses
Annual operating expenses and sales charges of REEAX. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.57% |
| Gross expense ratio | 1.62% |
| Fee waiver | −0.49% |
| Net expense ratio | 1.13% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| 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 |
REEAX Costs Over Time
On $10,000 invested in REEAX, assuming 5% a year before costs, total costs come to $1,416 over 5 years, cutting the return by 2.44% 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 |
| Sales charges | $575 | $575 | $575 |
| Fund expenses (net expense ratio 1.13%) | $112 | $348 | $603 |
| Trading costs (broker commissions) | $3 | $9 | $16 |
| Lost growth on money paid in costs | $29 | $108 | $221 |
| Total costs | $719 | $1,041 | $1,416 |
| Value after costs | $9,781 | $10,535 | $11,347 |
| Impact on return, per year | 7.19% | 3.25% | 2.44% |
REEAX 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): 0.0300%
- Total broker commissions: $1.5M
- Bought from dealers (principal trades, not a cost): $2.0B
- Portfolio turnover (prospectus): 20%
- Securities lending: none during the year
REEAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $278K | 20.82% |
| BOFA SECURITIES, INC. | $216K | 16.19% |
| UBS Securities LLC | $210K | 15.69% |
| KB Securities Co., Ltd | $208K | 15.56% |
| MORGAN STANLEY & CO. LLC | $113K | 8.45% |
| JEFFERIES LLC | $87K | 6.55% |
| CLSA AMERICAS, LLC | $74K | 5.55% |
| MACQUARIE CAPITAL (USA), INC. | $59K | 4.41% |
| GOLDMAN SACHS & CO. LLC | $49K | 3.63% |
| HSBC SECURITIES (USA) INC. | $42K | 3.15% |
REEAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| RBC BlueBay U.S. Government Money Market Fund | $2.0B | 100.00% |
RBC Emerging Markets 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 |
|---|---|---|---|
| RREMX | Class R6 | 0.87% | none |
| REEIX | Class I | 0.88% | none |
| REEAX | 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.