# EDGAR Filing Document

**Accession Number:** 0001272950
**File Stem:** 0001752724-25-202247
**Filing Date:** 2025-8
**Character Count:** 34208
**Document Hash:** a58269befa2db922869c785e42eb7cc5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-202247.hdr.sgml**: 20250825

**ACCESSION NUMBER**: 0001752724-25-202247

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250825

**DATE AS OF CHANGE**: 20250825

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** RBC FUNDS TRUST
- **CENTRAL INDEX KEY:** 0001272950

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21475
- **FILM NUMBER:** 251250337

**BUSINESS ADDRESS:**
- **STREET 1:** 250 NICOLLET MALL
- **STREET 2:** SUITE 1550
- **CITY:** MINNEAPOLIS
- **STATE:** MN
- **ZIP:** 55401
- **BUSINESS PHONE:** 612-380-1198

**MAIL ADDRESS:**
- **STREET 1:** 250 NICOLLET MALL
- **STREET 2:** SUITE 1550
- **CITY:** MINNEAPOLIS
- **STATE:** MN
- **ZIP:** 55401

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TAMARACK FUNDS TRUST
- **DATE OF NAME CHANGE:** 20031212

## Series and Classes Contracts Data

### RBC China Equity Fund (Series ID: S000075785)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000235075 | Class R6     | RBCRX           |
| C000235076 | Class A      | RCEAX           |
| C000235077 | Class I      | RBCIX           |

## Nport-Ex

SCHEDULE OF PORTFOLIO INVESTMENTS

RBC China Equity Fund

------

June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Value** |
| **Common Stocks — 96.8%** | **Common Stocks — 96.8%** |  |
| **China — 89.0%** | **China — 89.0%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3000 | AAC Technologies Holdings, Inc. | &nbsp;&nbsp;$15609 |
| &nbsp;&nbsp;29616 | Alibaba Group Holding Ltd. | &nbsp;&nbsp;&nbsp;419243 |
| &nbsp;&nbsp;20500 | Anhui Yingliu Electromechanical Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;66064 |
| &nbsp;&nbsp;&nbsp;&nbsp;6559 | Asymchem Laboratories Tianjin Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;80815 |
| &nbsp;&nbsp;28300 | Baoshan Iron & Steel Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;26030 |
| &nbsp;&nbsp;&nbsp;&nbsp;2000 | BYD Co. Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;31140 |
| &nbsp;&nbsp;87818 | CGN Mining Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;27255 |
| 195476 | China Construction Bank Corp., Class H | &nbsp;&nbsp;&nbsp;197811 |
| &nbsp;&nbsp;30000 | China Hongqiao Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;69078 |
| &nbsp;&nbsp;24000 | China Life Insurance Co. Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;57911 |
| &nbsp;&nbsp;&nbsp;&nbsp;2700 | China Life Insurance Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;15524 |
| &nbsp;&nbsp;34185 | China Mengniu Dairy Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;70463 |
| &nbsp;&nbsp;10577 | China Merchants Bank Co. Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;74197 |
| &nbsp;&nbsp;19197 | China Resources Land Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;65362 |
| &nbsp;&nbsp;&nbsp;&nbsp;7600 | Contemporary Amperex Technology Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;267918 |
| &nbsp;&nbsp;52682 | CSPC Pharmaceutical Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;51821 |
| &nbsp;&nbsp;&nbsp;&nbsp;9253 | Foshan Haitian Flavouring & Food Co. Ltd., Class H\* | &nbsp;&nbsp;&nbsp;&nbsp;41315 |
| &nbsp;&nbsp;12374 | Fuyao Glass Industry Group Co. Ltd., Series H(a) | &nbsp;&nbsp;&nbsp;&nbsp;88417 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;392 | GDS Holdings Ltd., ADR\* | &nbsp;&nbsp;&nbsp;&nbsp;11983 |
| &nbsp;&nbsp;&nbsp;&nbsp;3049 | GDS Holdings Ltd., Class A\* | &nbsp;&nbsp;&nbsp;&nbsp;11631 |
| &nbsp;&nbsp;65000 | Geely Automobile Holdings Ltd. | &nbsp;&nbsp;&nbsp;132678 |
| &nbsp;&nbsp;&nbsp;&nbsp;3300 | Hexing Electrical Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;11728 |
| &nbsp;&nbsp;80383 | Industrial & Commercial Bank of China Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;63829 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100 | JD.com, Inc., ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3264 |
| &nbsp;&nbsp;&nbsp;&nbsp;2114 | Jiangsu Hengrui Pharmaceuticals Co. Ltd.\* | &nbsp;&nbsp;&nbsp;&nbsp;14488 |
| &nbsp;&nbsp;19217 | Jinan Shengquan Group Share Holding Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;74454 |
| &nbsp;&nbsp;85000 | Jinxin Fertility Group Ltd.(a) | &nbsp;&nbsp;&nbsp;&nbsp;33237 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;720 | JOYY, Inc., ADR | &nbsp;&nbsp;&nbsp;&nbsp;36655 |
| &nbsp;&nbsp;&nbsp;&nbsp;6685 | Kanzhun Ltd., ADR\* | &nbsp;&nbsp;&nbsp;119260 |
| &nbsp;&nbsp;&nbsp;&nbsp;2979 | KE Holdings, Inc., ADR | &nbsp;&nbsp;&nbsp;&nbsp;52847 |
| &nbsp;&nbsp;13207 | KE Holdings, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;78818 |
| &nbsp;&nbsp;40700 | Laobaixing Pharmacy Chain JSC, Class A | &nbsp;&nbsp;&nbsp;119427 |
| &nbsp;&nbsp;10700 | Luxshare Precision Industry Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;51845 |
| &nbsp;&nbsp;10198 | Meituan, Class B(a),\* | &nbsp;&nbsp;&nbsp;164045 |
| &nbsp;&nbsp;&nbsp;&nbsp;5636 | Midea Group Co. Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;53584 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100 | Mixue Group\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6563 |
| &nbsp;&nbsp;11700 | Muyuan Foods Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;68634 |
| &nbsp;&nbsp;&nbsp;&nbsp;2440 | NetEase, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;65756 |
| &nbsp;&nbsp;19176 | New Horizon Health Ltd.(a),(b),(c),\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 |
| &nbsp;&nbsp;&nbsp;&nbsp;8600 | Ningbo Orient Wires & Cables Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;62136 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | OmniVision Integrated Circuits Group, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3567 |
| &nbsp;&nbsp;&nbsp;&nbsp;2363 | PDD Holdings, Inc. , ADR\* | &nbsp;&nbsp;&nbsp;247312 |
| &nbsp;&nbsp;27612 | Ping An Insurance Group Co. of China Ltd., Series H | &nbsp;&nbsp;&nbsp;176256 |
| &nbsp;&nbsp;20650 | Shanghai Fudan Microelectronics Group Co. Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;78981 |
| &nbsp;&nbsp;&nbsp;&nbsp;1524 | Shenzhen Inovance Technology Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;13741 |
| &nbsp;&nbsp;&nbsp;&nbsp;2070 | Shenzhen SEICHI Technologies Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;25443 |

---

------

SCHEDULE OF PORTFOLIO INVESTMENTS

RBC China Equity Fund (cont.)

------

June 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Value** |
| &nbsp;&nbsp;6533 | Shenzhou International Group Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;$46699 |
| &nbsp;&nbsp;4700 | Sieyuan Electric Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47832 |
| &nbsp;&nbsp;8412 | TAL Education Group, ADR\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85971 |
| &nbsp;&nbsp;7086 | Tencent Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;456591 |
| &nbsp;&nbsp;&nbsp;&nbsp;622 | Trip.com Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36427 |
| 29800 | Xiaomi Corp., Class B(a),\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;229393 |
| &nbsp;&nbsp;2500 | Zhejiang Sanhua Intelligent Controls Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9215 |
| 13967 | Zhejiang Sanhua Intelligent Controls Co. Ltd.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44748 |
| &nbsp;&nbsp;4500 | Zhejiang Shuanghuan Driveline Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21036 |
| &nbsp;&nbsp;2600 | Zhongji Innolight Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53254 |
| 54704 | Zijin Mining Group Co. Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;140688 |
|  |  | &nbsp;&nbsp;&nbsp;4619989 |
| **Hong Kong — 4.3%** | **Hong Kong — 4.3%** |  |
| &nbsp;&nbsp;2400 | ASMPT Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17664 |
| &nbsp;&nbsp;3500 | Hong Kong Exchanges & Clearing Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;188253 |
| &nbsp;&nbsp;1500 | Techtronic Industries Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16551 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;222468 |
| **Korea — 0.1%** | **Korea — 0.1%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17 | SK Hynix, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3663 |
| **Macao — 0.5%** | **Macao — 0.5%** |  |
| 12000 | Sands China Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25079 |
| **South Africa — 2.7%** | **South Africa — 2.7%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;452 | Naspers Ltd., Class N | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;141030 |
| **Taiwan — 0.2%** | **Taiwan — 0.2%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;334 | Taiwan Semiconductor Manufacturing Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12214 |
| **Total Common Stocks** | **Total Common Stocks** | &nbsp;&nbsp;&nbsp;**5024443** |
| (Cost $4,436,781) | (Cost $4,436,781) |  |
| **Equity Linked Security — 0.6%** | **Equity Linked Security — 0.6%** |  |
| **China — 0.6%** | **China — 0.6%** |  |
| 41180 | Puyang Refractories Group Co. Ltd.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28459 |
| **Total Equity Linked Security** | **Total Equity Linked Security** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**28459** |
| (Cost $30,900) | (Cost $30,900) |  |
| **Total Investments** | **Total Investments** | **$5052902** |
| (Cost $4,467,681) — 97.4% | (Cost $4,467,681) — 97.4% |  |
| **Other assets in excess of liabilities — 2.6%** | **Other assets in excess of liabilities — 2.6%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**136684** |
| **NET ASSETS — 100.0%** | **NET ASSETS — 100.0%** | **$5189586** |

---

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br>

------

SCHEDULE OF PORTFOLIO INVESTMENTS

RBC China Equity Fund (cont.)

------

June 30, 2025 (Unaudited)

(a) Security exempt from registration under Rule 144A or Section 4(2) of the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers.

(b) The Pricing Committee has fair valued this security under procedures established by the Fund's Board of Trustees.

(c) Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.

\* Non-income producing security.

Abbreviations used are defined below: <br> ADR - American Depositary Receipt

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** RBC Funds Trust

- **b. Investment Company Act file number:** 811-21475

- **c. CIK number of Registrant:** 0001272950

- **d. LEI of Registrant:** 549300456VUEP58RCU35

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 250 Nicollet Mall

  - **City:** Minneapolis

  - **State:** MN

  - **Foreign country:** US

  - **Zip / Postal Code:** 55401

  - **Telephone number:** 612-376-7000

**Item A.2. Information about the Series.**

- **a. Name of Series:** RBC China Equity Fund

- **b. EDGAR series identifier (if any):** S000075785

- **c. LEI of Series:** 54930013V807X4XGC291

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-03-31

- **b. Date as of which information is reported:** 2025-06-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $5230345.54

**Total Liabilities:** $40830.23

**Net Assets:** $5189515.31

**Cash Not Reported:** $58552.49

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000235076 | -6.59%               | 3.04%                | 4.74%                |
| Class ID C000235077 | -6.48%               | 3.03%                | 4.73%                |
| Class ID C000235075 | -6.58%               | 3.03%                | 4.73%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-18620.23               | $-323762.62                                |
| Month 2  | $76917.57                | $52718.45                                  |
| Month 3  | $39349.98                | $174159.17                                 |

### Schedule of Portfolio Investments

| Name                             | Title                                        | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| China Resources Land Ltd         | China Resources Land Ltd                     | CUSIP: 000000000<br>LEI: 5299001HL0TU7X15HK51 | Long             | EC               | CORP              | HK        |     19197 | NS      | $65361.70     | 1.26%             |  |  |  | No            |                  2 | On Loan: No      |
| SANHUA                           | Zhejiang Sanhua Intelligent Controls Co Ltd  | CUSIP: 000000000<br>LEI: 8368003UTQ4F88XERZ23 | Long             | EC               | CORP              | CN        |     13967 | NS      | $44748.06     | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| KE Holdings Inc                  | KE Holdings Inc                              | CUSIP: 482497104<br>LEI: 254900RHVY072XPAZE03 | Long             | EC               | CORP              | CN        |      2979 | NS      | $52847.46     | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| SANHUA                           | Zhejiang Sanhua Intelligent Controls Co Ltd  | CUSIP: 000000000<br>LEI: 8368003UTQ4F88XERZ23 | Long             | EC               | CORP              | CN        |      2500 | NS      | $9214.63      | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Xiaomi Corp                      | Xiaomi Corp                                  | CUSIP: 000000000<br>LEI: 2549001ACVFAZRNMKL32 | Long             | EC               | CORP              | CN        |     29800 | NS      | $229392.55    | 4.42%             |  |  |  | No            |                  2 | On Loan: No      |
| PDD Holdings Inc                 | PDD Holdings Inc                             | CUSIP: 722304102<br>LEI: 5493000573DS7005T657 | Long             | EC               | CORP              | IE        |      2363 | NS      | $247311.58    | 4.77%             |  |  |  | No            |                  1 | On Loan: No      |
| OmniVision Integrated Circuits   | OmniVision Integrated Circuits Group Inc     | CUSIP: 000000000<br>LEI: 8368000MFHXX01GPND38 | Long             | EC               | CORP              | CN        |       200 | NS      | $3567.29      | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Midea Group Co Ltd               | Midea Group Co Ltd                           | CUSIP: 000000000<br>LEI: 3003003TRPHLHZD2IF61 | Long             | EC               | CORP              | CN        |      5636 | NS      | $53583.82     | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| New Horizon Health Ltd           | New Horizon Health Ltd                       | CUSIP: 000000000<br>LEI: 6556003WN0RS45SU3L67 | Long             | EC               | CORP              | CN        |     19176 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Tencent Holdings Ltd             | Tencent Holdings Ltd                         | CUSIP: 000000000<br>LEI: 254900N4SLUMW4XUYY11 | Long             | EC               | CORP              | CN        |      7086 | NS      | $456590.76    | 8.80%             |  |  |  | No            |                  2 | On Loan: No      |
| YINGLIU                          | Anhui Yingliu Electromechanical Co Ltd       | CUSIP: 000000000<br>LEI: 300300D1M9RNSPEHDR92 | Long             | EC               | CORP              | CN        |     20500 | NS      | $66063.60     | 1.27%             |  |  |  | No            |                  2 | On Loan: No      |
| ASMPT Ltd                        | ASMPT Ltd                                    | CUSIP: 000000000<br>LEI: 529900PYFA1HFYKPT360 | Long             | EC               | CORP              | SG        |      2400 | NS      | $17663.25     | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Jiangsu Hengrui Pharmaceutical   | Jiangsu Hengrui Pharmaceuticals Co Ltd       | CUSIP: 000000000<br>LEI: 2549003BT1XS3SE3E448 | Long             | EC               | CORP              | CN        |      5514 | NS      | $37790.46     | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| China Merchants Bank Co Ltd      | China Merchants Bank Co Ltd                  | CUSIP: 000000000<br>LEI: 549300MKO5B60FFIHF58 | Long             | EC               | CORP              | CN        |     10577 | NS      | $74197.25     | 1.43%             |  |  |  | No            |                  2 | On Loan: No      |
| HAI TIAN                         | Foshan Haitian Flavouring & Food Co Ltd      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      9253 | NS      | $41314.61     | 0.80%             |  |  |  | No            |                  2 | On Loan: No      |
| JD.com Inc                       | JD.com Inc                                   | CUSIP: 47215P106<br>LEI: 549300HVTWB0GJZ16V92 | Long             | EC               | CORP              | CN        |       100 | NS      | $3264.00      | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| GDS Holdings Ltd                 | GDS Holdings Ltd                             | CUSIP: 36165L108<br>LEI: 391200MGV8DDCHTN2R77 | Long             | EC               | CORP              | CN        |       392 | NS      | $11983.44     | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| PING AN                          | Ping An Insurance Group Co of China Ltd      | CUSIP: 000000000<br>LEI: 529900M9MC28JLN35U89 | Long             | EC               | CORP              | CN        |     27612 | NS      | $176256.21    | 3.40%             |  |  |  | No            |                  2 | On Loan: No      |
| TAL Education Group              | TAL Education Group                          | CUSIP: 874080104<br>LEI: 5493003PJZS0EC085V72 | Long             | EC               | CORP              | CN        |      8412 | NS      | $85970.64     | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| JOYY Inc                         | JOYY Inc                                     | CUSIP: 46591M109<br>LEI: 549300N6CHVU5CQZPW24 | Long             | EC               | CORP              | SG        |       720 | NS      | $36655.20     | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| CATL                             | Contemporary Amperex Technology Co Ltd       | CUSIP: 000000000<br>LEI: 300300KINDY1K0E9I032 | Long             | EC               | CORP              | CN        |      7600 | NS      | $267917.85    | 5.16%             |  |  |  | No            |                  2 | On Loan: No      |
| China Construction Bank Corp     | China Construction Bank Corp                 | CUSIP: 000000000<br>LEI: 5493001KQW6DM7KEDR62 | Long             | EC               | CORP              | CN        |    195476 | NS      | $197811.29    | 3.81%             |  |  |  | No            |                  2 | On Loan: No      |
| Trip.com Group Ltd               | Trip.com Group Ltd                           | CUSIP: 000000000<br>LEI: 2549004RMYDSRQL4KW41 | Long             | EC               | CORP              | SG        |       622 | NS      | $36427.14     | 0.70%             |  |  |  | No            |                  2 | On Loan: No      |
| NetEase Inc                      | NetEase Inc                                  | CUSIP: 000000000<br>LEI: 5299004AF4DSJDB0PA32 | Long             | EC               | CORP              | CN        |      2440 | NS      | $65756.46     | 1.27%             |  |  |  | No            |                  2 | On Loan: No      |
| China Life Insurance Co Ltd      | China Life Insurance Co Ltd                  | CUSIP: 000000000<br>LEI: 549300J6TFLDXGH6S048 | Long             | EC               | CORP              | CN        |      2700 | NS      | $15524.06     | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Techtronic Industries Co Ltd     | Techtronic Industries Co Ltd                 | CUSIP: 000000000<br>LEI: 549300HZW2SBE758OK89 | Long             | EC               | CORP              | HK        |      1500 | NS      | $16550.97     | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Kanzhun Ltd                      | Kanzhun Ltd                                  | CUSIP: 48553T106<br>LEI: 254900F4ZCBITP7L0251 | Long             | EC               | CORP              | CN        |      6685 | NS      | $119260.40    | 2.30%             |  |  |  | No            |                  1 | On Loan: No      |
| INOVANCE                         | Shenzhen Inovance Technology Co Ltd          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      1524 | NS      | $13740.49     | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| ICBC                             | Industrial & Commercial Bank of China Ltd    | CUSIP: 000000000<br>LEI: 5493002ERZU2K9PZDL40 | Long             | EC               | CORP              | CN        |     80383 | NS      | $63828.58     | 1.23%             |  |  |  | No            |                  2 | On Loan: No      |
| AAC Technologies Holdings Inc    | AAC Technologies Holdings Inc                | CUSIP: 000000000<br>LEI: 549300SKEDE1VKS0A552 | Long             | EC               | CORP              | CN        |      3000 | NS      | $15608.55     | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| China Hongqiao Group Ltd         | China Hongqiao Group Ltd                     | CUSIP: 000000000<br>LEI: 3003009Q4IBFSDE24571 | Long             | EC               | CORP              | CN        |     30000 | NS      | $69078.08     | 1.33%             |  |  |  | No            |                  2 | On Loan: No      |
| ASYMCHEM                         | Asymchem Laboratories Tianjin Co Ltd         | CUSIP: 000000000<br>LEI: 8368002CY8G4Q85YRQ60 | Long             | EC               | CORP              | CN        |      6559 | NS      | $80815.40     | 1.56%             |  |  |  | No            |                  2 | On Loan: No      |
| Muyuan Foods Co Ltd              | Muyuan Foods Co Ltd                          | CUSIP: 000000000<br>LEI: 3003006NCTDQW4KZR676 | Long             | EC               | CORP              | CN        |     11700 | NS      | $68634.35     | 1.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Shanghai Fudan Microelectronic   | Shanghai Fudan Microelectronics Group Co Ltd | CUSIP: 000000000<br>LEI: 300300MN0B6IF027O317 | Long             | EC               | CORP              | CN        |     13650 | NS      | $52207.52     | 1.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Hexing Electrical Co Ltd         | Hexing Electrical Co Ltd                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      3300 | NS      | $11728.10     | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Alibaba Group Holding Ltd        | Alibaba Group Holding Ltd                    | CUSIP: 000000000<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | CN        |     29616 | NS      | $419242.60    | 8.08%             |  |  |  | No            |                  2 | On Loan: No      |
| China Life Insurance Co Ltd      | China Life Insurance Co Ltd                  | CUSIP: 000000000<br>LEI: 549300J6TFLDXGH6S048 | Long             | EC               | CORP              | CN        |     24000 | NS      | $57911.18     | 1.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Meituan                          | Meituan                                      | CUSIP: 000000000<br>LEI: 21380033K525E5JLIA77 | Long             | EC               | CORP              | CN        |     10198 | NS      | $164045.45    | 3.16%             |  |  |  | No            |                  2 | On Loan: No      |
| SHUANGHUAN DR.                   | Zhejiang Shuanghuan Driveline Co Ltd         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      4500 | NS      | $21036.37     | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Shenzhen SEICHI Technologies C   | Shenzhen SEICHI Technologies Co Ltd          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      2070 | NS      | $25443.25     | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| NINGBO ORIENT WIRES & CABLES     | Ningbo Orient Wires & Cables Co Ltd          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      8600 | NS      | $62135.88     | 1.20%             |  |  |  | No            |                  2 | On Loan: No      |
| BYD Co Ltd                       | BYD Co Ltd                                   | CUSIP: 000000000<br>LEI: 5299005557VL7ULJ7A69 | Long             | EC               | CORP              | CN        |      2000 | NS      | $31140.07     | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| LXJM                             | Luxshare Precision Industry Co Ltd           | CUSIP: 000000000<br>LEI: 300300QLLDUELXN16530 | Long             | EC               | CORP              | CN        |     10700 | NS      | $51844.55     | 1.00%             |  |  |  | No            |                  2 | On Loan: No      |
| KE Holdings Inc                  | KE Holdings Inc                              | CUSIP: 000000000<br>LEI: 254900RHVY072XPAZE03 | Long             | EC               | CORP              | CN        |     13207 | NS      | $78818.31     | 1.52%             |  |  |  | No            |                  2 | On Loan: No      |
| Jinxin Fertility Group Ltd       | Jinxin Fertility Group Ltd                   | CUSIP: 000000000<br>LEI: 2549000NTC85I8X21O47 | Long             | EC               | CORP              | CN        |     85000 | NS      | $33236.70     | 0.64%             |  |  |  | No            |                  2 | On Loan: No      |
| Mixue Group                      | Mixue Group                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |       100 | NS      | $6563.29      | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| HKEX                             | Hong Kong Exchanges & Clearing Ltd           | CUSIP: 000000000<br>LEI: 213800YTVSXYQN17BW16 | Long             | EC               | CORP              | HK        |      3500 | NS      | $188253.00    | 3.63%             |  |  |  | No            |                  2 | On Loan: No      |
| PUYANG REFRACTORIES GROUP CO LTD | PUYANG REFRACTORIES GROUP CO LTD             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     41180 | NS      | $28458.84     | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |
| Jinan Shengquan Group Share Ho   | Jinan Shengquan Group Share Holding Co Ltd   | CUSIP: 000000000<br>LEI: 3003008PXT97PYN2I250 | Long             | EC               | CORP              | CN        |     19217 | NS      | $74453.60     | 1.43%             |  |  |  | No            |                  2 | On Loan: No      |
| FUYAO GLASS                      | Fuyao Glass Industry Group Co Ltd            | CUSIP: 000000000<br>LEI: 549300AS5CSLWETN0P64 | Long             | EC               | CORP              | CN        |     12374 | NS      | $88417.11     | 1.70%             |  |  |  | No            |                  2 | On Loan: No      |
| Zijin Mining Group Co Ltd        | Zijin Mining Group Co Ltd                    | CUSIP: 000000000<br>LEI: 836800JRNL2393Z2I561 | Long             | EC               | CORP              | CN        |     54704 | NS      | $140688.39    | 2.71%             |  |  |  | No            |                  2 | On Loan: No      |
| CSPC Pharmaceutical Group Ltd    | CSPC Pharmaceutical Group Ltd                | CUSIP: 000000000<br>LEI: 529900M3XQCW234H8O91 | Long             | EC               | CORP              | CN        |     52682 | NS      | $51821.24     | 1.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GDS Holdings Ltd                 | GDS Holdings Ltd                             | CUSIP: 000000000<br>LEI: 391200MGV8DDCHTN2R77 | Long             | EC               | CORP              | CN        |      3049 | NS      | $11631.48     | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| CGN Mining Co Ltd                | CGN Mining Co Ltd                            | CUSIP: 000000000<br>LEI: 529900LQYG057CZAZT41 | Long             | EC               | CORP              | HK        |     87818 | NS      | $27255.42     | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| TSMC                             | Taiwan Semiconductor Manufacturing Co Ltd    | CUSIP: 000000000<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |       334 | NS      | $12214.16     | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Laobaixing Pharmacy Chain JSC    | Laobaixing Pharmacy Chain JSC                | CUSIP: 000000000<br>LEI: 300300C4YU1D5XYS0O68 | Long             | EC               | CORP              | CN        |     40700 | NS      | $119426.68    | 2.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Zhongji Innolight Co Ltd         | Zhongji Innolight Co Ltd                     | CUSIP: 000000000<br>LEI: 655600K7YZDKAI214O83 | Long             | EC               | CORP              | CN        |      2600 | NS      | $53253.59     | 1.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Naspers Ltd                      | Naspers Ltd                                  | CUSIP: 000000000<br>LEI: 21380044BQ8812EEKT59 | Long             | EC               | CORP              | ZA        |       452 | NS      | $141030.15    | 2.72%             |  |  |  | No            |                  2 | On Loan: No      |
| China Mengniu Dairy Co Ltd       | China Mengniu Dairy Co Ltd                   | CUSIP: 000000000<br>LEI: 2549005Q343BSJ8RSS21 | Long             | EC               | CORP              | CN        |     34185 | NS      | $70462.81     | 1.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Sieyuan Electric Co Ltd          | Sieyuan Electric Co Ltd                      | CUSIP: 000000000<br>LEI: 836800H6UQQUWN4PSZ32 | Long             | EC               | CORP              | CN        |      4700 | NS      | $47831.92     | 0.92%             |  |  |  | No            |                  2 | On Loan: No      |
| SHENZHOU INTL                    | Shenzhou International Group Holdings Ltd    | CUSIP: 000000000<br>LEI: 529900B4W41TCUKJFM73 | Long             | EC               | CORP              | CN        |      6533 | NS      | $46698.71     | 0.90%             |  |  |  | No            |                  2 | On Loan: No      |
| Baoshan Iron & Steel Co Ltd      | Baoshan Iron & Steel Co Ltd                  | CUSIP: 000000000<br>LEI: 300300PYAP4PEHORZT21 | Long             | EC               | CORP              | CN        |     28300 | NS      | $26029.54     | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| Sands China Ltd                  | Sands China Ltd                              | CUSIP: 000000000<br>LEI: 549300EVO6UZDGY05787 | Long             | EC               | CORP              | MO        |     12000 | NS      | $25079.17     | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| SK Hynix Inc                     | SK Hynix Inc                                 | CUSIP: 000000000<br>LEI: 988400XAIK6XISWQV045 | Long             | EC               | CORP              | KR        |        17 | NS      | $3663.19      | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Geely Automobile Holdings Ltd    | Geely Automobile Holdings Ltd                | CUSIP: 000000000<br>LEI: 549300YS3T1KVQ2SNI84 | Long             | EC               | CORP              | HK        |     65000 | NS      | $132678.27    | 2.56%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-25

**Name of Applicant:** RBC Funds Trust

**Signature:** Kathy Hegna

**Name of Signer:** Kathy Hegna

**Title:** Treasurer and Chief Financial Officer - RBC Funds, and Director of Mutual Fund Services | RBC Global Asset Management (U.S.) Inc.