RBC International Equity Fund Class R6 (RIERX)

Overview

The fund operates with a clear investment approach focused on diversifying across equity securities of companies located outside the United States. By allocating at least 80% of its assets in such securities, it aims to provide investors with exposure to global market opportunities while excluding the U.S. market. This includes a broad spectrum of equities ranging from common and preferred stock to more complex instruments like convertible securities and depositary receipts. Participation notes, warrants, rights, and initial public offerings (IPOs) also form part of the fund's investment universe, broadening its scope and potential for growth. The strategy emphasizes a global perspective, seeking to capitalize on the dynamics of international markets.

Products and Services

• Common Stock

  Shares representing ownership in a company, providing voting rights and potentially dividends, allowing investors to benefit directly from a company's success.

• Preferred Stock

  A type of stock that provides a fixed dividend ahead of common stock and may offer a higher claim on assets and earnings.

• Convertible Securities

  Bonds or preferred shares that can be converted into a predetermined amount of the company's common stock, often at the choice of the holder.

• American Depositary Receipts (ADRs)

  Securities that represent shares in foreign companies, allowing them to be traded on U.S. exchanges, providing an easier way to invest in foreign corporations.

• European Depositary Receipts (EDRs)

  Similar to ADRs, these are bank-issued certificates representing shares in a foreign company for trade on European stock exchanges.

• Global Depositary Receipts (GDRs)

  Certificates issued by a bank representing shares in foreign companies, making them available for trade on international stock markets.

• Participation Notes

  Financial instruments that provide returns based on the performance of a particular equity, without requiring actual ownership of the equity.

• Warrants

  Securities that give the holder the right to purchase a company's stock at a specified price until the expiry date, offering potential for profit if the stock's market price exceeds the exercise price.

• Rights

  Offers issued to existing shareholders that give them the right to purchase additional shares at a discount before a specified date, providing a way to maintain their percentage of ownership.

• Initial Public Offerings (IPOs)

  The first sale of stock by a company to the public, opening opportunities for investors to get in on the ground floor of potentially high-growth companies.