Fund Evaluator:
RBC Emerging Markets Value Equity R6 (RMVRX)
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Best Performing in Diversified Emerging Mkts Over the Last Year
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| 46.5% | Lazard Emerging Markets Equity Instl (LZEMX) |
| 46.5% | LSV Emerging Markets Equity Inv (LVAZX) |
Fund Details
RBC Emerging Markets Value Equity R6 Overview
RBC Emerging Markets Value Equity R6 (RMVRX) is an actively managed International Equity Diversified Emerging Mkts fund. RBC Global Asset Management. launched the fund in 2018.
The investment seeks to provide long-term capital growth. The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its assets in equity securities tied economically to emerging market countries that are considered to be undervalued in relation to earnings, dividends and/or assets. The fund will normally invest in a portfolio of equity securities denominated in both the U.S. Dollar and currencies of other developed countries, and in currencies of the local emerging market countries.
About RBC Emerging Markets Value Equity R6 (RMVRX)
There are 1 members of the management team with an average tenure of 8.48 years: Laurence Bensafi (2018). Management tenure is more important for actively managed funds than passive index funds.
The fund has 1 primary benchmark: MSCI EM NR USD index with a weighting of 100%. RBC Emerging Markets Value Equity R6 has 96 securities in its portfolio. The top 10 holdings constitute 44.3% 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 Emerging Markets Value Equity R6 is part of the Equity global asset class and is within the International Equity fund group. RBC Emerging Markets Value Equity R6 has 96.7% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 1.1%. There is 96.7% allocated to foreign stock, and 1.6% 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 Emerging Markets Value Equity R6 has 0.6% of the portfolio in cash.
Assets Under Management
The fund has $1 million in total assets, which is below the $967 million average for the Diversified Emerging Mkts 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.
RMVRX 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 Emerging Markets Value Equity R6 expense ratio is high compared to funds in the Diversified Emerging Mkts category. RBC Emerging Markets Value Equity R6 has an expense ratio of 0.90%, which is 22% lower than its category average, making the fund expense ratio grade a B. 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 Emerging Markets Value Equity R6 has a portfolio turnover rate of 82%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 68% for the Diversified Emerging Mkts category.
Recently, in the month of July 2026, RBC Emerging Markets Value Equity R6 returned -3.5%, which earned it a grade of B, as the Diversified Emerging Mkts category had an average return of -4.9%. 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 Emerging Markets Value Equity R6 has a trailing yield of 1.75%, which is above the 1.72% 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 Emerging Markets Value Equity R6 Grades
Year to date, the fund has returned 20.5%, 1.4 percentage points better than the category, which translates into a grade of B. The fund has returned 45.2% over the past year (grade of A), 22.0% over the past three years (grade of A) and 10.4% per year over the past five years (grade of A).
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RMVRX 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 |
|
| RMVRX Return (NAV) | -3.5% | 1.5% | 45.2% | 22.0% | 10.4% | na |
| RMVRX Grade | B | D | A | A | A | na |
| +/- Category | 1.4% | -0.9% | 9.3% | 4.1% | 3.9% | na |
| Diversified Emerging Mkts Avg | -4.9% | 2.4% | 35.9% | 17.9% | 6.5% | 8.7% |
| RMVRX Tax Cost Ratio | na | na | 0.9% | 1.9% | 2.5% | na |
RMVRX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| RMVRX Return (NAV) | 20.5% | 47.3% | 4.5% | 11.3% | -17.1% | 3.7% | 18.1% | 16.1% | na | na | na |
| RMVRX Grade | B | A | D | C | A | B | C | F | na | na | na |
| +/- Category | 1.4% | 15.9% | -1.7% | -0.8% | 5.5% | 3.9% | -3.5% | -5.8% | na | na | na |
| Diversified Emerging Mkts Avg | 19.1% | 31.4% | 6.2% | 12.1% | -22.6% | -0.2% | 21.6% | 21.9% | -16.4% | 36.6% | 8.6% |
| Risk Measures | |
| Standard Deviation: | 18.2% |
| Total Risk Index: | 1.49 - High |
| Category Risk Index: | 1.09 - High |
| Category Risk Grade: | F (81% Rank) |
| Beta: | 1.18 |
| R-Squared: | 80% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Blend |
| Bond Investment Style: | na |
| Yield: | 1.8% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $115 Mil |
| Fund Total Assets: | $ 2 Mil |
| Share Class Type: | Retirement |
| Portfolio Turnover: | 82% |
Management Team
| Number of Managers: 1 | |||
| Longest Tenure: 8.5 years | |||
| Average Tenure: 8.5 years | |||
| Managers (Year): Bensafi Laurence (2018) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 96 |
| % in Top 10 Holdings: | 44.3% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 96.7% |
Portfolio Allocation |
|
| Domestic Stock: | 1.1% |
| Foreign Stock: | 96.7% |
| Preferred Stock: | 1.6% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.6% |
Purchase Information
| Fund Family: | RBC Global Asset Management. |
| Phone Number: | 800-422-2766 |
| Website: | www.rbcgam.us |
| Status: | Open |
| Inception Date: | February 9, 2018 |
| Min. Initial Purchase: | $250,000 |
| 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 (%): | 0.90% ( Rating : High ) |
| Category Average Expense Ratio (%): | 1.16% |
| Share Class: | RBC Emerging Markets Value Equity R6 |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
