Fund Evaluator:
RBC Global Opportunities I (RGOIX)
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Best Performing in Global Large-Stock Growth Over the Last Year
| 28.7% | Fidelity Advisor Climate Action Z (FCLZX) |
| 28.6% | Fidelity Climate Action (FCAEX) |
| 27.7% | T. Rowe Price Global Stock (PRGSX) |
| 23.1% | Fidelity Advisor Worldwide Z (FIQOX) |
| 23.0% | Fidelity Worldwide (FWWFX) |
Fund Details
RBC Global Opportunities I Overview
RBC Global Opportunities I (RGOIX) is an actively managed International Equity Global Large-Stock Growth fund. RBC Global Asset Management. launched the fund in 2014.
The investment seeks to provide long-term capital growth. The fund seeks to achieve its investment objective by primarily investing in equity securities of issuers located throughout the world, including both developed and emerging markets. It will normally invest in equity securities of companies domiciled in at least three countries (one of which may be the United States). The fund will invest in securities across all market capitalizations, although the fund may invest a significant portion of its assets in companies of one particular market capitalization category.
About RBC Global Opportunities I (RGOIX)
There are 1 members of the management team with an average tenure of 11.67 years: Habib Subjally (2014). Management tenure is more important for actively managed funds than passive index funds.
The fund has 1 primary benchmark: MSCI ACWI NR USD index with a weighting of 100%. RBC Global Opportunities I has 51 securities in its portfolio. The top 10 holdings constitute 39.9% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
RBC Global Opportunities I is part of the Equity global asset class and is within the International Equity fund group. RBC Global Opportunities I has 34.9% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 64.7%. There is 34.9% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). RBC Global Opportunities I has 0.4% of the portfolio in cash.
Assets Under Management
The fund has $264 million in total assets, which is below the $988 million average for the Global Large-Stock Growth category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
RGOIX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The RBC Global Opportunities I expense ratio is above average compared to funds in the Global Large-Stock Growth category. RBC Global Opportunities I has an expense ratio of 0.75%, which is 33% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. RBC Global Opportunities I has a portfolio turnover rate of 79%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 47% for the Global Large-Stock Growth category.
Recently, in the month of July 2026, RBC Global Opportunities I returned -1.0%, which earned it a grade of B, as the Global Large-Stock Growth category had an average return of -2.4%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
RBC Global Opportunities I has a trailing yield of 0.37%, which is above the 0.27% category average. The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
RBC Global Opportunities I Grades
Year to date, the fund has returned 1.4%, 4.7 percentage points worse than the category, which translates into a grade of D. The fund has returned 7.4% over the past year (grade of D), 11.9% over the past three years (grade of D) and 3.9% per year over the past five years (grade of D) and 10.8% per year over the past 10 years (grade of D).
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RGOIX Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| RGOIX Return (NAV) | -1.0% | -2.1% | 7.4% | 11.9% | 3.9% | 10.8% |
| RGOIX Grade | B | F | D | D | D | D |
| +/- Category | 1.3% | -4.9% | -4.2% | -2.6% | -2.3% | -1.3% |
| Global Large-Stock Growth Avg | -2.4% | 2.8% | 11.6% | 14.6% | 6.2% | 12.1% |
| RGOIX Tax Cost Ratio | na | na | 0.2% | 0.3% | 0.4% | 0.6% |
RGOIX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| RGOIX Return (NAV) | 1.4% | 17.2% | 17.1% | 9.8% | -23.7% | 16.7% | 26.9% | 31.5% | -6.8% | 34.3% | 3.2% |
| RGOIX Grade | D | C | C | F | B | C | D | B | C | B | B |
| +/- Category | -4.7% | 0.9% | -0.5% | -15.6% | 3.1% | 2.0% | -6.1% | 0.8% | 0.3% | 3.4% | 1.7% |
| Global Large-Stock Growth Avg | 6.0% | 16.3% | 17.6% | 25.4% | -26.8% | 14.8% | 33.0% | 30.7% | -7.1% | 30.9% | 1.5% |
| Risk Measures | |
| Standard Deviation: | 12.3% |
| Total Risk Index: | 1.00 - Average |
| Category Risk Index: | 0.80 - Low |
| Category Risk Grade: | A (10% Rank) |
| Beta: | 0.93 |
| R-Squared: | 91% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Blend |
| Bond Investment Style: | na |
| Yield: | 0.4% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $332 Mil |
| Fund Total Assets: | $ 264 Mil |
| Share Class Type: | Inst |
| Portfolio Turnover: | 79% |
Management Team
| Number of Managers: 1 | |||
| Longest Tenure: 11.7 years | |||
| Average Tenure: 11.7 years | |||
| Managers (Year): Subjally Habib (2014) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 51 |
| % in Top 10 Holdings: | 39.9% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 34.9% |
Portfolio Allocation |
|
| Domestic Stock: | 64.7% |
| Foreign Stock: | 34.9% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.4% |
Purchase Information
| Fund Family: | RBC Global Asset Management. |
| Phone Number: | 800-422-2766 |
| Website: | www.rbcgam.us |
| Status: | Open |
| Inception Date: | December 3, 2014 |
| Min. Initial Purchase: | $100,000 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | na |
Expenses and Fees | |
| Expense Ratio (%): | 0.75% ( Rating : Above Avg ) |
| Category Average Expense Ratio (%): | 1.12% |
| Share Class: | RBC Global Opportunities I |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
