RBC BlueBay Core Plus Bond Fund Class A RCPAX Strategy

The investment seeks to provide total return. The fund invests, under normal circumstances, at least 80% of its assets in fixed income securities. The fixed income securities in which the fund may invest include, but are not limited to, bonds, municipal securities, mortgage-related and asset-backed securities and obligations of U.S. and foreign governments and their agencies. The fund’s investment strategy is referred to as “Core Plus” because the advisor has the ability to add high yield securities and other securities to a core portfolio of investment grade fixed income securities that are generally representative of the Bloomberg U.S. Aggregate Bond Index.