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Emerging Markets Global Fixed Income - A Shares

As of 12/18/2014 $ Price/
Absolute Return Fund $10.31 $0.02
Emerging Market Corporate Bond Fund $9.72 $0.09
Emerging Market Select Bond Fund $9.37 $0.12
Global High Yield Bond Fund $10.20 $0.09
Mutual fund investing involves risk. Principal loss is possible. Investments in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities. Investments in lower-rated and non-rated securities presents a greater risk of loss to principal and interest than higher-rated securities. Investments in foreign securities involve greater volatility and political, economic and currency risks and differences in accounting methods. These risks are greater for emerging markets. Derivatives such as futures, forwards, and swaps involve risks different from, and in certain cases, greater than the risks presented by more traditional investments.  Non-diversified funds may be more volatile than diversified funds that hold a greater number of securities. Absolute return funds may not achieve their goals and are not intended to outperform stocks and bonds during strong market rallies and may underperform during periods of strong positive market performance.

Before investing, you should carefully consider a fund’s investment objectives, risks, charges and expenses. This and other information is included in the prospectus, which you can request by visiting /mutual-funds/literature/content/default.fs or calling 800.422.2766. Please read the prospectus carefully before investing.

RBC Global Asset Management (U.S.) Inc. serves as investment adviser for RBC Funds. The Funds are sub-advised by BlueBay Asset Management LLP and BlueBay USA, a wholly-owned subsidiary of RBC. The RBC Funds are distributed by Quasar Distributors, LLC.



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