SCHEDULE OF PORTFOLIO INVESTMENTS
RBC Global Opportunities Fund
December 31, 2023 (Unaudited)
Shares | Value | |
Common Stocks — 99.21% | ||
Belgium — 4.08% | ||
296,603 | Anheuser-Busch InBev NV | $19,145,160 |
Denmark — 3.00% | ||
135,503 | Novo Nordisk A/S, Class B | 14,042,336 |
France — 3.20% | ||
84,970 | Safran SA | 14,981,097 |
Germany — 3.26% | ||
309,049 | Deutsche Post AG | 15,296,710 |
Hong Kong — 3.66% | ||
1,968,824 | AIA Group Ltd. | 17,134,444 |
Ireland — 1.87% | ||
101,012 | Kerry Group Plc, Class A | 8,767,775 |
Japan — 1.78% | ||
518,700 | Astellas Pharma, Inc. | 6,169,040 |
129,898 | MISUMI Group, Inc. | 2,193,166 |
8,362,206 | ||
Luxembourg — 0.91% | ||
65,214 | Eurofins Scientific SE | 4,254,066 |
Norway — 2.67% | ||
394,375 | Equinor ASA | 12,498,521 |
Taiwan — 4.50% | ||
202,900 | Taiwan Semiconductor Manufacturing Co. Ltd., ADR | 21,101,600 |
United Kingdom — 5.54% | ||
59,871 | Croda International Plc | 3,851,140 |
160,721 | InterContinental Hotels Group Plc | 14,493,161 |
2,377,079 | Legal & General Group Plc | 7,596,408 |
25,940,709 | ||
United States — 64.26% | ||
139,160 | Alphabet, Inc., Class A* | 19,439,260 |
94,300 | Amazon.com, Inc.* | 14,327,942 |
43,300 | American Water Works Co., Inc. | 5,715,167 |
5,500 | AutoZone, Inc.* | 14,220,855 |
58,400 | Blackstone, Inc. | 7,645,728 |
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SCHEDULE OF PORTFOLIO INVESTMENTS
RBC Global Opportunities Fund (cont.)
December 31, 2023 (Unaudited)
Shares | Value | |
192,200 | CSX Corp. | $6,663,574 |
82,100 | EOG Resources, Inc. | 9,929,995 |
222,250 | Fortive Corp. | 16,364,268 |
46,000 | HCA Healthcare, Inc. | 12,451,280 |
30,600 | Home Depot, Inc. (The) | 10,604,430 |
21,100 | Intuit, Inc. | 13,188,133 |
32,900 | MarketAxess Holdings, Inc. | 9,634,765 |
71,700 | Micron Technology, Inc. | 6,118,878 |
77,100 | Microsoft Corp. | 28,992,684 |
132,700 | Morgan Stanley | 12,374,275 |
28,400 | Netflix, Inc.* | 13,827,392 |
29,900 | NVIDIA Corp. | 14,807,078 |
79,700 | Procter & Gamble Co. (The) | 11,679,238 |
58,200 | Salesforce, Inc.* | 15,314,748 |
107,400 | T-Mobile US, Inc. | 17,219,442 |
43,600 | UnitedHealth Group, Inc. | 22,954,092 |
67,900 | Visa, Inc., Class A | 17,677,765 |
301,150,989 | ||
Zambia — 0.48% | ||
273,323 | First Quantum Minerals Ltd. | 2,238,070 |
Total Common Stocks | 464,913,683 | |
(Cost $440,212,286) | ||
Investment Company — 0.78% | ||
3,671,912 | RBC BlueBay U.S. Goverment Money Market Fund, Institutional Class 1 (a) | 3,671,912 |
Total Investment Company | 3,671,912 | |
(Cost $3,671,912) | ||
Total Investments | $468,585,595 | |
(Cost $443,884,198) — 99.99% | ||
Other assets in excess of liabilities — 0.01% | 50,547 | |
NET ASSETS — 100.00% | $468,636,142 |
* | Non-income producing security. |
(a) | Affiliated investment. |
Abbreviations used are defined below: |
ADR - American Depositary Receipt |
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SCHEDULE OF PORTFOLIO INVESTMENTS
RBC Global Opportunities Fund (cont.)
December 31, 2023 (Unaudited)
Portfolio Diversification (Unaudited)
Industries | Percentage of Net Assets | |
Information Technology | 21.24% | |
Financials | 15.38% | |
Health Care | 12.78% | |
Industrials | 11.84% | |
Consumer Discretionary | 11.45% | |
Communication Services | 10.77% | |
Consumer Staples | 8.44% | |
Energy | 4.79% | |
Materials | 1.30% | |
Utilities | 1.22% | |
Other* | 0.79% | |
100.00% |
* | Includes cash, Investment Company, interest and dividend receivable, pending trades and Fund share transactions, and accrued expenses payable. |
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