SCHEDULE OF PORTFOLIO INVESTMENTS
RBC Emerging Markets Equity Fund
June 30, 2021 (Unaudited)
Shares | Value | |
Common Stocks — 98.88% | ||
Argentina — 0.79% | ||
14,300 | MercadoLibre, Inc.* | $22,276,397 |
Austria — 1.49% | ||
1,586,063 | Mondi Plc | 41,816,984 |
Brazil — 4.31% | ||
12,457,500 | B3 SA - Brasil Bolsa Balcao | 41,952,456 |
9,124,206 | Banco Bradesco SA | 40,174,537 |
7,843,130 | Raia Drogasil SA | 39,106,844 |
121,233,837 | ||
Chile — 4.77% | ||
5,252,074 | Antofagasta Plc | 104,441,827 |
6,653,335 | SACI Falabella | 29,615,173 |
134,057,000 | ||
China — 21.63% | ||
577,200 | Alibaba Group Holding Ltd., ADR* | 130,897,416 |
10,515,245 | China Resources Land Ltd. | 42,468,997 |
1,806,497 | LONGi Green Energy Technology Co. Ltd., Class A | 24,784,788 |
5,289,700 | NARI Technology Co. Ltd., Class A | 19,012,957 |
10,122,661 | Ping An Insurance Group Co. of China Ltd., Series H | 98,953,042 |
2,406,687 | Shenzhen Inovance Technology Co. Ltd., Class A | 27,600,056 |
2,302,563 | Sunny Optical Technology Group Co. Ltd. | 72,720,956 |
1,541,485 | Tencent Holdings Ltd. | 116,062,275 |
1,134,600 | Yum China Holdings, Inc. | 75,167,250 |
607,667,737 | ||
Hong Kong — 5.11% | ||
6,357,990 | AIA Group Ltd. | 78,874,545 |
1,086,383 | Hong Kong Exchanges & Clearing Ltd. | 64,672,140 |
143,546,685 | ||
India — 14.94% | ||
1,204,313 | Dr Reddy’s Laboratories Ltd. | 88,057,202 |
2,764,703 | HDFC Bank Ltd. | 55,841,097 |
567,071 | Hero MotoCorp Ltd. | 22,160,856 |
2,734,028 | Housing Development Finance Corp. Ltd. | 91,243,127 |
5,471,260 | Mahindra & Mahindra Ltd. | 57,362,749 |
2,335,342 | Tata Consultancy Services Ltd. | 105,243,537 |
419,908,568 | ||
Indonesia — 2.27% | ||
14,362,766 | Bank Central Asia Tbk PT | 29,870,301 |
351,440,317 | Kalbe Farma Tbk PT | 33,975,727 |
63,846,028 |
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SCHEDULE OF PORTFOLIO INVESTMENTS
RBC Emerging Markets Equity Fund (cont.)
June 30, 2021 (Unaudited)
Shares | Value | |
Korea — 12.10% | ||
1,156,505 | Hanon Systems | $16,990,542 |
388,709 | LG Corp. | 35,364,701 |
70,783 | NCSoft Corp. | 51,503,313 |
225,364 | Samsung Fire & Marine Insurance Co. Ltd. | 44,140,057 |
1,442,712 | Shinhan Financial Group Co. Ltd. | 52,088,378 |
1,238,260 | SK Hynix, Inc. | 139,760,723 |
339,847,714 | ||
Mexico — 2.26% | ||
751,200 | Fomento Economico Mexicano SAB de CV, ADR | 63,483,912 |
Peru — 1.20% | ||
278,860 | Credicorp Ltd.* | 33,772,735 |
Philippines — 2.09% | ||
2,859,550 | SM Investments Corp. | 58,591,189 |
South Africa — 6.94% | ||
2,735,714 | Clicks Group Ltd. | 47,123,090 |
3,539,591 | Discovery Ltd.* | 31,209,644 |
553,143 | Naspers Ltd., N Shares | 116,628,541 |
194,961,275 | ||
Taiwan — 14.27% | ||
2,299,752 | Advantech Co. Ltd. | 28,455,941 |
21,515,644 | E.Sun Financial Holding Co. Ltd. | 20,309,173 |
322,362 | Largan Precision Co. Ltd. | 35,843,992 |
2,244,028 | MediaTek, Inc. | 77,388,093 |
8,360,973 | Taiwan Semiconductor Manufacturing Co. Ltd. | 180,078,909 |
22,404,356 | Uni-President Enterprises Corp. | 58,832,623 |
400,908,731 | ||
Thailand — 0.67% | ||
5,086,900 | Kasikornbank Public Co. Ltd., NVDR | 18,775,272 |
Turkey — 1.20% | ||
31,362,691 | Enka Insaat ve Sanayi AS | 33,714,168 |
United Kingdom — 2.84% | ||
1,365,919 | Unilever Plc | 79,815,554 |
Total Common Stocks | 2,778,223,786 | |
(Cost $2,369,961,942) |
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SCHEDULE OF PORTFOLIO INVESTMENTS
RBC Emerging Markets Equity Fund (cont.)
June 30, 2021 (Unaudited)
Shares | Value | |
Investment Company — 0.21% | ||
5,886,215 | U.S. Government Money Market Fund, RBC Institutional Class 1 (a) | $5,886,215 |
Total Investment Company | 5,886,215 | |
(Cost $5,886,215) | ||
Total Investments | $2,784,110,001 | |
(Cost $2,375,848,157) — 99.09% | ||
Other assets in excess of liabilities — 0.91% | 25,541,203 | |
NET ASSETS — 100.00% | $2,809,651,204 |
* | Non-income producing security. |
(a) | Affiliated investment. |
Abbreviations used are defined below: |
ADR - American Depositary Receipt |
NVDR - Non-Voting Depository Receipt |
Portfolio Diversification (Unaudited)
Industries | Percentage of Net Assets | |
Financials | 24.98% | |
Information Technology | 23.64% | |
Consumer Discretionary | 16.77% | |
Consumer Staples | 10.26% | |
Industrials | 6.20% | |
Communication Services | 5.97% | |
Materials | 5.21% | |
Health Care | 4.34% | |
Real Estate | 1.51% | |
Other* | 1.12% | |
100.00% |
* | Includes cash, Investment Company, interest and dividend receivable, pending trades and Fund share transactions, and accrued expenses payable. |
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