SCHEDULE OF PORTFOLIO INVESTMENTS
RBC Global Opportunities Fund
December 31, 2021 (Unaudited)
Shares | Value | |
Common Stocks — 99.12% | ||
Argentina — 0.84% | ||
4,100 | MercadoLibre, Inc.* | $5,528,440 |
Belgium — 3.38% | ||
369,609 | Anheuser-Busch InBev NV | 22,283,716 |
Denmark — 2.32% | ||
119,422 | Orsted A/S(a) | 15,294,030 |
Finland — 2.30% | ||
307,617 | Neste Oyj | 15,139,615 |
Germany — 3.10% | ||
317,698 | Deutsche Post AG | 20,434,590 |
Hong Kong — 3.42% | ||
2,232,894 | AIA Group Ltd. | 22,536,259 |
Ireland — 2.08% | ||
106,325 | Kerry Group Plc, Class A | 13,717,601 |
Japan — 3.51% | ||
149,098 | MISUMI Group, Inc. | 6,125,243 |
143,894 | Nidec Corp. | 17,021,855 |
23,147,098 | ||
Netherlands — 1.27% | ||
3,199 | Adyen NV*,(a) | 8,397,383 |
South Africa — 1.26% | ||
53,661 | Naspers Ltd., N Shares | 8,328,786 |
Spain — 3.74% | ||
765,396 | Industria de Diseno Textil SA | 24,684,057 |
Switzerland — 5.17% | ||
82,192 | Roche Holding AG | 34,098,276 |
Taiwan — 3.13% | ||
171,400 | Taiwan Semiconductor Manufacturing Co. Ltd., ADR | 20,621,134 |
United Kingdom — 5.95% | ||
82,508 | Croda International Plc | 11,301,240 |
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SCHEDULE OF PORTFOLIO INVESTMENTS
RBC Global Opportunities Fund (cont.)
December 31, 2021 (Unaudited)
Shares | Value | |
177,143 | InterContinental Hotels Group Plc* | $11,452,130 |
2,466,053 | Legal & General Group Plc | 9,958,649 |
284,979 | St. James’s Place Plc | 6,512,409 |
39,224,428 | ||
United States — 57.65% | ||
13,078 | Alphabet, Inc., Class A* | 37,887,489 |
6,030 | Amazon.com, Inc.* | 20,106,070 |
179,300 | Blackstone, Inc. | 23,199,627 |
71,400 | Danaher Corp. | 23,491,314 |
100,000 | Ecolab, Inc. | 23,459,000 |
54,812 | Estee Lauder Cos, Inc. (The), Class A | 20,291,402 |
74,200 | First Republic Bank | 15,323,042 |
311,950 | Fortive Corp. | 23,798,666 |
89,100 | Incyte Corp.* | 6,539,940 |
86,000 | JPMorgan Chase & Co. | 13,618,100 |
21,600 | MarketAxess Holdings, Inc. | 8,883,432 |
118,400 | Microsoft Corp. | 39,820,288 |
66,000 | NVIDIA Corp. | 19,411,260 |
35,100 | SVB Financial Group* | 23,806,224 |
286,600 | TJX Cos, Inc. (The) | 21,758,672 |
110,100 | T-Mobile US, Inc.* | 12,769,398 |
17,500 | Twilio, Inc., Class A* | 4,608,450 |
64,600 | UnitedHealth Group, Inc. | 32,438,244 |
32,600 | Workday, Inc., Class A* | 8,905,668 |
380,116,286 | ||
Total Common Stocks | 653,551,699 | |
(Cost $590,886,383) | ||
Investment Company — 0.86% | ||
5,645,464 | U.S. Government Money Market Fund, RBC Institutional Class 1 (b) | 5,645,464 |
Total Investment Company | 5,645,464 | |
(Cost $5,645,464) | ||
Total Investments | $659,197,163 | |
(Cost $596,531,847) — 99.98% | ||
Other assets in excess of liabilities — 0.02% | 123,549 | |
NET ASSETS — 100.00% | $659,320,712 |
* | Non-income producing security. |
(a) | Security exempt from registration under Rule 144A or Section 4(2) of the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. |
(b) | Affiliated investment. |
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SCHEDULE OF PORTFOLIO INVESTMENTS
RBC Global Opportunities Fund (cont.)
December 31, 2021 (Unaudited)
Abbreviations used are defined below: |
ADR - American Depositary Receipt |
Portfolio Diversification (Unaudited)
Industries | Percentage of Net Assets | |
Financials | 18.78% | |
Information Technology | 15.43% | |
Health Care | 14.65% | |
Consumer Discretionary | 13.93% | |
Industrials | 10.22% | |
Consumer Staples | 8.54% | |
Communication Services | 7.68% | |
Materials | 5.27% | |
Utilities | 2.32% | |
Energy | 2.30% | |
Other* | 0.88% | |
100.00% |
* | Includes cash, Investment Company, interest and dividend receivable, pending trades and Fund share transactions, and accrued expenses payable. |
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