RIEAX Fees and Costs — RBC International Equity Fund, Class A
Data updated: 2026-08-26
The net expense ratio is 1.04%: a 0.69% management fee, a 0.25% 12b-1 fee plus 1.24% other expenses, less a 1.14% fee waiver. This share class carries a maximum front-end sales load of 5.75%. In fiscal 2026 the fund paid $26K in broker commissions, 0.0922% of average net assets, and portfolio turnover was 82%.
RIEAX Fees and Expenses
Annual operating expenses and sales charges of RIEAX. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.69% |
| 12b-1 fee | 0.25% |
| Other expenses | 1.24% |
| Gross expense ratio | 2.18% |
| Fee waiver | −1.14% |
| Net expense ratio | 1.04% |
| 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 |
RIEAX Costs Over Time
On $10,000 invested in RIEAX, assuming 5% a year before costs, total costs come to $1,400 over 5 years, cutting the return by 2.41% 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 1.04%) | $103 | $321 | $555 |
| Trading costs (broker commissions) | $9 | $28 | $49 |
| Lost growth on money paid in costs | $29 | $108 | $220 |
| Total costs | $716 | $1,032 | $1,400 |
| Value after costs | $9,784 | $10,544 | $11,363 |
| Impact on return, per year | 7.16% | 3.22% | 2.41% |
RIEAX 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): 0.0922%
- Total broker commissions: $26K
- Bought from dealers (principal trades, not a cost): $15.0M
- Portfolio turnover (prospectus): 82%
- Securities lending: none during the year
RIEAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $3K | 16.18% |
| GOLDMAN SACHS & CO. LLC | $3K | 15.55% |
| JEFFERIES LLC | $3K | 13.09% |
| CITIGROUP GLOBAL MARKETS INC. | $2K | 11.90% |
| BOFA SECURITIES, INC. | $2K | 9.94% |
| J.P. Morgan Securities LLC | $2K | 8.47% |
| UBS Securities LLC | $1K | 7.59% |
| BARCLAYS CAPITAL, INC. | $1K | 6.91% |
| BNP PARIBAS SECURITIES CORP. | $1K | 6.86% |
| Instinet LLC | $672 | 3.51% |
RIEAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| RBC BlueBay U.S. Government Money Market Fund | $14.9M | 99.61% |
| JP MORGAN SECURITIES LLC | $30K | 0.20% |
| Macquarie Asia Securities Limited | $15K | 0.10% |
| UBS SECURITIES LLC | $13K | 0.09% |
| INSTINET, LLC | $33 | 0.00% |
| BNP PARIBAS SECURITIES CORP. | $17 | 0.00% |
RBC International 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 |
|---|---|---|---|
| RIERX | Class R6 | 0.74% | none |
| RIEIX | Class I | 0.79% | none |
| RIEAX | Class A | 1.04% | 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.