RBC Emerging Markets Equity Fund (REEAX)
| Fund Assets | 4.87B |
| Expense Ratio | 1.13% |
| Min. Investment | $1,000 |
| Turnover | 16.00% |
| Dividend (ttm) | 0.14 |
| Dividend Yield | 0.84% |
| Dividend Growth | -15.76% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 19, 2024 |
| Previous Close | 15.93 |
| YTD Return | 23.59% |
| 1-Year Return | 21.47% |
| 5-Year Return | 39.03% |
| 52-Week Low | 11.94 |
| 52-Week High | 16.20 |
| Beta (5Y) | n/a |
| Holdings | 52 |
| Inception Date | Dec 20, 2013 |
About REEAX
RBC Emerging Markets Equity Fund Class A is an actively managed mutual fund designed to provide long-term capital growth by investing primarily in equity securities tied to emerging market countries. Its investment strategy mandates that at least 80% of its assets are allocated to stocks or related investments of companies with significant exposure to emerging markets, targeting regions with high growth potential and evolving economies. The fund features a diversified portfolio, holding around 64–65 individual securities, with significant weight in sectors such as technology, financial services, consumer cyclical, and basic materials. Major holdings often include prominent companies like Taiwan Semiconductor Manufacturing, HDFC Bank, and Tencent Holdings, reflecting its focus on leading firms within emerging economies. The fund benchmarks its performance against the MSCI Emerging Markets Net Total Return USD Index, ensuring alignment with widely recognized emerging market standards. Managed by RBC Global Asset Management since its inception in 2013, the fund emphasizes disciplined risk management and research-driven stock selection. It plays a vital role for investors seeking exposure to the dynamic and diverse opportunities found in emerging markets, aiming to capitalize on growth trends while balancing the risks inherent to these regions.
Performance
REEAX had a total return of 21.47% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.25%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
43.21% of assets| Name | Symbol | Weight |
|---|---|---|
| TSMC - Taiwan Semiconductor Manufacturing Co Ltd | 2330 | 8.78% |
| HDFC Bank Limited | HDB | 6.77% |
| Tencent Holdings Ltd | 700 | 5.63% |
| Antofagasta PLC | ANTO | 3.65% |
| Tata Consultancy Services Ltd | TCS | 3.28% |
| Mahindra & Mahindra Ltd | MM | 3.24% |
| HKEX - Hong Kong Exchanges & Clearing Ltd | 388 | 3.10% |
| AIA Group Ltd | 1299 | 3.10% |
| SK Hynix Inc | 000660 | 2.90% |
| Unilever PLC | ULVR | 2.75% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2024 | $0.14241 | Dec 19, 2024 |
| Dec 20, 2023 | $0.16906 | Dec 20, 2023 |
| Dec 21, 2022 | $0.09333 | Dec 21, 2022 |
| Dec 21, 2021 | $0.35035 | Dec 21, 2021 |
| Dec 22, 2020 | $0.11059 | Dec 22, 2020 |
| Dec 19, 2019 | $0.36789 | Dec 19, 2019 |