RBC Emerging Markets Equity R6 (RREMX)
| Fund Assets | 4.62B |
| Expense Ratio | 0.88% |
| Min. Investment | $250,000 |
| Turnover | 16.00% |
| Dividend (ttm) | 0.20 |
| Dividend Yield | 1.28% |
| Dividend Growth | n/a |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 19, 2024 |
| Previous Close | 15.68 |
| YTD Return | 18.97% |
| 1-Year Return | 14.84% |
| 5-Year Return | 38.03% |
| 52-Week Low | 12.18 |
| 52-Week High | 15.80 |
| Beta (5Y) | n/a |
| Holdings | 62 |
| Inception Date | Nov 22, 2016 |
About RREMX
RBC Emerging Markets Equity Fund Class R6 is a diversified mutual fund targeting long-term capital growth by investing primarily in equities tied to emerging market countries. With a strategy to allocate at least 80% of its assets to stocks and related instruments from issuers operating in these dynamic economies, the fund offers investors exposure to regions often associated with above-average growth potential but also with increased volatility due to political, economic, and currency risks. Notable sector exposures include technology, financial services, and consumer companies, as reflected in top holdings such as Taiwan Semiconductor Manufacturing, Tencent Holdings, and HDFC Bank. The fund is distinguished by its disciplined, research-driven investment process and competitive cost structure, positioning it within the lower fee quintile compared to peers. Its focus on high-conviction stock selection and a broadly diversified, yet carefully managed portfolio makes RBC Emerging Markets Equity Fund Class R6 a relevant option for investors seeking to participate in the growth of emerging markets while managing risk through professional oversight.
Performance
RREMX had a total return of 14.84% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.78%.
Top 10 Holdings
43.09% of assets| Name | Symbol | Weight |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited | 2330 | 8.76% |
| HDFC Bank Limited | HDB | 6.75% |
| Tencent Holdings Limited | 0700 | 5.62% |
| Antofagasta plc | ANTO | 3.64% |
| Tata Consultancy Services Limited | TCS | 3.27% |
| Mahindra & Mahindra Limited | M&M | 3.24% |
| Hong Kong Exchanges and Clearing Limited | 0388 | 3.09% |
| AIA Group Limited | 1299 | 3.09% |
| SK hynix Inc. | 000660 | 2.89% |
| Unilever PLC | ULVR | 2.74% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2024 | $0.19966 | Dec 19, 2024 |
| Dec 20, 2023 | $0.19966 | Dec 20, 2023 |
| Dec 21, 2022 | $0.15284 | Dec 21, 2022 |
| Dec 21, 2021 | $0.37738 | Dec 21, 2021 |
| Dec 22, 2020 | $0.1454 | Dec 22, 2020 |
| Dec 19, 2019 | $0.38966 | Dec 19, 2019 |