RBC International Equity Fund Class I (RIEIX)

Overview

The fund is designed for investors looking to diversify their investment portfolio internationally, beyond the United States. It aims to achieve its investment objective by allocating a significant portion of its assets to equity securities of foreign companies. By focusing on a wide range of countries, the fund provides an opportunity for exposure to global markets, potentially capturing growth in emerging and developed markets outside of the U.S. The strategy is built on the fundamental belief that investing in a diversified portfolio of international equities can offer substantial growth opportunities and risk mitigation over the long term.

Products and Services

The fund offers a variety of financial products and investment vehicles designed for portfolio diversification and exposure to international markets, including:

• Common Stock: Shares of ownership in companies based outside the United States, allowing investors to participate directly in the profits and growth of these companies.
• Preferred Stock: A type of stock that typically pays fixed dividends, offering a combination of equity and debt characteristics. Preferred shareholders generally have no voting rights but receive dividend payments before common stockholders.
• Convertible Securities: Bonds or preferred shares that can be converted into a predetermined number of common stock, usually at the discretion of the holder. These instruments provide the income of bonds with the potential for capital appreciation.
• American Depositary Receipts (ADRs), European Depositary Receipts (EDRs), and Global Depositary Receipts (GDRs): These are certificates issued by banks representing shares in foreign companies, allowing these shares to be traded on local stock exchanges. They facilitate investment in foreign companies by offering a way to trade these shares in local currency.
• Participation Notes: Financial instruments that provide exposure to the underlying value of shares in companies located in emerging or less accessible markets, without direct ownership of those shares.
• Warrants and Rights: Options to purchase equity securities at a specific price before a certain date. These instruments can offer leverage to the portfolio, allowing investors to benefit from an increase in the security's price.
• Initial Public Offerings (IPOs): The fund may invest in IPOs, giving investors access to shares of companies at the time they go public. This can be an opportunity for significant growth as companies often experience substantial price appreciation post-IPO.