Morningstar Fund Report  | 15/02/2025Print

RBC Funds (Lux) - Emerging Markets Equity Focus Fund O1 USD Cap

Performance History31/01/2025
Growth of 1,000 (GBP) Advanced Graph
RBC Funds (Lux) - Emerging Markets Equity Focus Fund O1 USD Cap
Fund-5.4-3.48.111.81.0
+/-Cat-4.08.74.03.7-1.4
+/-B’mrk-4.64.44.22.8-1.1
 
Key Stats
NAV
13/02/2025
 USD 138.63
Day Change -0.86%
Morningstar Category™ Global Emerging Markets Equity
ISIN LU1938547889
Fund Size (Mil)
13/02/2025
 USD 88.90
Share Class Size (Mil)
13/02/2025
 USD 88.14
Max Initial Charge 5.00%
Ongoing Charge
29/11/2024
  0.80%
Investment Objective: RBC Funds (Lux) - Emerging Markets Equity Focus Fund O1 USD Cap
The objective of the Sub-Fund is to provide long-term total returns principally through capital appreciation by investing in a concentrated portfolio of equity securities of companies located in or with significant business interests in emerging markets.
Returns
Trailing Returns (GBP)13/02/2025
YTD2.79
3 Years Annualised6.03
5 Years Annualised5.08
10 Years Annualised-
12 Month Yield 0.00
Management
Manager Name
Start Date
Philippe Langham
14/11/2018
Christoffer Enemaerke
14/11/2018
Inception Date
22/01/2019

Category Benchmark
Fund BenchmarkMorningstar Benchmark
MSCI EM NR USDMorningstar EM TME NR USD
Portfolio Profile for  RBC Funds (Lux) - Emerging Markets Equity Focus Fund O1 USD Cap31/12/2024
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock98.910.0098.91
Bond0.000.000.00
Property0.000.000.00
Cash1.150.061.09
Other0.000.000.00
Top 5 Regions%
Asia - Emerging44.88
Asia - Developed33.41
Latin America11.53
United Kingdom7.26
Africa2.91
Top 5 Sectors%
Financial Services28.35
Technology24.52
Consumer Cyclical15.46
Consumer Defensive13.11
Communication Services6.90
Top 5 HoldingsSector%
Taiwan Semiconductor Manufacturi... TechnologyTechnology9.83
Tencent Holdings LtdCommunication ServicesCommunication Services6.82
HDFC Bank LtdFinancial ServicesFinancial Services6.78
Mahindra & Mahindra LtdConsumer CyclicalConsumer Cyclical5.21
Tata Consultancy Services LtdTechnologyTechnology4.13
RBC Funds (Lux) - Emerging Markets Equity Focus Fund O1 USD Cap
Growth Of 1000 (GBP) 31/01/2025
Fund:  RBC Funds (Lux) - Emerging Markets Equity Focus Fund O1 USD Cap
Category:  Global Emerging Markets Equity
Category Index:  Morningstar EM TME NR USD
Growth of 1,000 GBP
Annual Returns (GBP)31/01/2025
 2020202120222023202431/01
Price Return14.49-5.44-3.418.1411.781.00
+/- Category0.44-3.988.664.033.67-1.39
+/- Category Index0.60-4.574.444.162.76-1.05
% Rank in Category42808161989
Trailing Returns (GBP)13/02/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-0.86   -1.13-1.11
1 Week-0.36   -0.45-0.11
1 Month3.00   -0.280.34
3 Months2.77   -1.49-1.21
6 Months5.87   -0.64-0.06
YTD2.79   -1.17-0.36
1 Year16.94   4.533.95
3 Years Annualised6.03   4.543.50
5 Years Annualised5.08   2.071.29
10 Years Annualised-   --
 
Quarterly Returns (GBP)31/01/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
20241.898.942.32-1.57
20234.241.90-1.343.18
2022-1.64-4.29-1.464.12
20211.540.51-5.16-2.31
2020-16.1418.283.0412.03
 
 
 
Morningstar Rating™(Relative to Category)31/01/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearHighAverage5 star
5-YearAbove AverageBelow Average4 star
10-Year--Not Rated
OverallAbove AverageBelow Average4 star
 
Click here to see our Methodology
Volatility Measurements31/01/2025
 
3-Yr Std Dev13.14 %
3-Yr Mean Return6.45 %
 
3-Yr Sharpe Ratio0.19
 
Modern Portfolio Statistics31/01/202531/01/2025
 Standard IndexBest Fit Index
 Morningstar EM TME NR USD  MSCI EM NR USD
3-Yr Beta1.030.98
3-Yr Alpha3.273.50
 
Investment Style Details31/12/2024
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)USD 69277-
Market Capitalisation% of Equity
Giant70.77
Large26.22
Medium3.02
Small0.00
Micro0.00
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings14.361.20
Price/Book2.311.42
Price/Sales2.231.45
Price/Cash Flow6.450.81
Dividend-Yield Factor2.440.75
 
Long-Term Projected Earnings Growth12.741.16
Historical Earnings Growth0.650.13
Sales Growth8.141.40
Cash-Flow Growth-2.77-0.05
Book-Value Growth6.820.73
 
Asset Allocation31/12/2024
Asset Allocation
 % Long% Short% Net Assets
Stock98.910.0098.91
Bond0.000.000.00
Property0.000.000.00
Cash1.150.061.09
Other0.000.000.00
World Regions31/12/2024
 % of EquityRelative to Category
United States0.000.00
Canada0.000.00
Latin America11.531.28
United Kingdom7.2625.24
Eurozone0.000.00
Europe - ex Euro0.000.00
Europe - Emerging0.000.00
Africa2.910.84
Middle East0.000.00
Japan0.000.00
Australasia0.000.00
Asia - Developed33.411.13
Asia - Emerging44.880.92
 
Sector Weightings31/12/2024
 % of EquityRelative to Category
Basic MaterialsBasic Materials3.650.85
Consumer CyclicalConsumer Cyclical15.461.10
Financial ServicesFinancial Services28.351.18
Real EstateReal Estate1.580.84
Consumer DefensiveConsumer Defensive13.112.67
HealthcareHealthcare3.150.88
Communication ServicesCommunication Services6.900.70
IndustrialsIndustrials3.300.49
TechnologyTechnology24.520.97
 
Top 10 Holdings31/12/2024
 Portfolio NEW
Total Number of Equity Holdings32
Total Number of Bond Holdings0
Assets in Top 10 Holdings50.21
NameSectorCountry% of Assets
Taiwan Semiconductor Manufacturing Co... 311Taiwan9.83
Tencent Holdings Ltd308China6.82
HDFC Bank Ltd103India6.78
Mahindra & Mahindra Ltd102India5.21
Tata Consultancy Services Ltd311India4.13
Antofagasta PLC101United Kingdom3.61
Unilever PLC205United Kingdom3.57
Fomento Economico Mexicano SAB de CV ADR205Mexico3.51
Marico Ltd205India3.45
Samsung Fire & Marine Insurance Co Ltd103Korea, Republic Of3.30
 
 
Management
Name of CompanyRBC Global Asset Management Inc.
Phone416-974-0616
Websitewww.rbcgam.com
Address155 Wellington Street West
 Toronto   M5V 3K7
 Canada
DomicileLuxembourg
Legal StructureSICAV
UCITSYes
Inception Date22/01/2019
Fund Advisor(s)
RBC Global Asset Management Inc.
Fund ManagerPhilippe Langham
Manager Start Date14/11/2018
Education
University of Manchester, B.A.
 
Biography
Philippe is Head of Emerging Markets Equities & Senior Portfolio Manager. He has worked in the investment industry since 1992 and joined the firm in 2009 to establish and lead the team that manages the emerging markets equity strategies. Prior to RBC, Philippe was Head of Global Emerging Markets with Société Générale Asset Management S.A. Philippe holds a Bachelor’s degree in Economics from the University of Manchester and is a qualified Chartered Accountant.
Fund ManagerChristoffer Enemaerke
Manager Start Date14/11/2018
 
Biography
Christoffer is a Portfolio Manager in the Emerging Markets Equity team in London having joined RBC Global Asset Management in 2013. Before joining RBC Global Asset Management, Christoffer was a Research Associate at Nordea Investment Management in Copenhagen. He was responsible for the bottom-up fundamental analysis of companies in the Asia ex-Japan region. In 2010, Christoffer obtained a BSc in Business Administration and Economics and in 2012 he obtained an MSc in Finance and Accounting from Copenhagen Business School. Christoffer is a CFA charterholder.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Charge5.00%
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge0.85%
Ongoing Charge0.80%
Purchase Details
Minimum Investments
Initial500000  USD
Additional10000  USD
Savings-
Tax Free Savings Schemes
ISAsYes