About RECAX
RBC Emerging Markets Ex-China Equity Fund Class A is a diversified mutual fund designed to provide long-term capital growth by investing primarily in equity securities from emerging market countries, explicitly excluding China. The fund typically allocates at least 80% of its assets to these markets, with holdings spanning sectors such as technology, consumer cyclicals, financial services, basic materials, and real estate. Notable portfolio positions include major companies like Taiwan Semiconductor Manufacturing Company, Tata Consultancy Services, and HDFC Bank, reflecting its emphasis on large-cap growth stocks with strong regional presence. The investment strategy combines rigorous fundamental company research with a top-down thematic overlay, seeking to identify quality businesses aligned with long-term secular trends. Environmental, social, and governance (ESG) considerations are integral to the fund’s selection process. With a high-conviction and relatively concentrated portfolio, the fund aims to capture diverse opportunities across emerging economies outside of China, playing a distinctive role for investors seeking targeted exposure to these dynamic markets.
Fund Family RBC Global Asset Management.
Category Diversified Emerging Mkts
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol RECAX
Share Class Class A
RECAX had a total return of 51.75% in the past year, including dividends. Since the fund's
inception, the average annual return has been 27.09%.
