RBC China Equity I (RBCIX)
| Fund Assets | 6.01M |
| Expense Ratio | 1.05% |
| Min. Investment | $100,000 |
| Turnover | 132.00% |
| Dividend (ttm) | 0.17 |
| Dividend Yield | 1.37% |
| Dividend Growth | 74.22% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 19, 2024 |
| Previous Close | 12.36 |
| YTD Return | 45.41% |
| 1-Year Return | 45.40% |
| 5-Year Return | n/a |
| 52-Week Low | 8.01 |
| 52-Week High | 12.51 |
| Beta (5Y) | n/a |
| Holdings | 65 |
| Inception Date | n/a |
About RBCIX
RBC China Equity Fund (Class I) is an open-ended mutual fund designed to provide long-term capital growth by investing primarily in equity securities of companies economically tied to China, including Mainland China, Hong Kong, and Macau. The fund allocates at least 80% of its assets to Chinese equities, targeting firms across a broad array of industries such as technology, financial services, consumer goods, and industrials. Notable holdings include leading Chinese companies like Tencent Holdings, Alibaba Group, and Meituan, along with emerging sector leaders in areas like technology and financial services. The fund is actively managed by an experienced team that leverages fundamental research and integrates environmental, social, and governance (ESG) factors into its investment process. This strategic, research-driven approach aims to identify businesses with sustainable management practices and strong track records. RBC China Equity Fund (Class I) is positioned as an institutional share class, offering exposure to one of the world’s largest and most dynamic emerging markets. It plays a significant role for investors seeking diversification and access to the growth potential of China’s capital markets within a professionally managed mutual fund structure.
Performance
RBCIX had a total return of 45.40% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.62%.
Top 10 Holdings
47.94% of assets| Name | Symbol | Weight |
|---|---|---|
| Tencent Holdings Ltd | 700 | 8.80% |
| Alibaba Group Holding Ltd | 9988 | 8.08% |
| CATL - Contemporary Amperex Technology Co Ltd | 300750 | 5.16% |
| PDD Holdings Inc. | PDD | 4.77% |
| Xiaomi Corp | 1810 | 4.42% |
| China Construction Bank Corp | 939 | 3.81% |
| HKEX - Hong Kong Exchanges & Clearing Ltd | 388 | 3.63% |
| Ping An Insurance Group Co of China Ltd | 2318 | 3.40% |
| Meituan | 3690 | 3.16% |
| Naspers Ltd | NPN | 2.72% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2024 | $0.17065 | Dec 19, 2024 |
| Dec 20, 2023 | $0.09795 | Dec 20, 2023 |
| Dec 21, 2022 | $0.0928 | Dec 21, 2022 |