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        <isSwingPricing>N</isSwingPricing>
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      <managementInvestmentQuestion>
        <mgmtInvFundName>RBC International Opportunities Fund</mgmtInvFundName>
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        <netIncomeSecuritiesLending>N/A</netIncomeSecuritiesLending>
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          <relyOnRuleType>Rule 10f-3 (17 CFR 270.10f-3)</relyOnRuleType>
          <relyOnRuleType>Rule 12d1-1 (17 CFR 270.12d1-1)</relyOnRuleType>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
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      <managementInvestmentQuestion>
        <mgmtInvFundName>RBC Global Opportunities Fund</mgmtInvFundName>
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          <relyOnRuleType>Rule 10f-3 (17 CFR 270.10f-3)</relyOnRuleType>
          <relyOnRuleType>Rule 12d1-1 (17 CFR 270.12d1-1)</relyOnRuleType>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
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            <transferAgentName>U.S. Bank Global Fund Services</transferAgentName>
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            <pricingServiceName>Intercontinental Exchange, Inc.</pricingServiceName>
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          <admin>
            <adminName>RBC GLOBAL ASSET MANAGEMENT (U.S.) INC.</adminName>
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        <paymentToAgentManagerType>N/A</paymentToAgentManagerType>
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          <relyOnRuleType>Rule 10f-3 (17 CFR 270.10f-3)</relyOnRuleType>
          <relyOnRuleType>Rule 12d1-1 (17 CFR 270.12d1-1)</relyOnRuleType>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
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        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
        <investmentAdvisers>
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          <subAdviser>
            <subAdviserName>RBC Global Asset Management (UK) Ltd</subAdviserName>
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        <transferAgents>
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            <transferAgentName>U.S. Bank Global Fund Services</transferAgentName>
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        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
        <pricingServices>
          <pricingService>
            <pricingServiceName>Intercontinental Exchange, Inc.</pricingServiceName>
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          <custodian>
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            <isCustodianAffiliated>N</isCustodianAffiliated>
            <isSubCustodian>N</isSubCustodian>
            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
          </custodian>
        </custodians>
        <isCustodianHiredOrTerminated>N</isCustodianHiredOrTerminated>
        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
        <admins>
          <admin>
            <adminName>The Bank of New York Mellon</adminName>
            <adminLei>HPFHU0OQ28E4N0NFVK49</adminLei>
            <adminStateCountry adminState="US-PA" adminCountry="US"/>
            <isAdminAffiliated>N</isAdminAffiliated>
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          </admin>
          <admin>
            <adminName>RBC GLOBAL ASSET MANAGEMENT (U.S.) INC.</adminName>
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            <isAdminAffiliated>Y</isAdminAffiliated>
            <isAdminSubAdmin>N</isAdminSubAdmin>
          </admin>
        </admins>
        <isAdminHiredOrTerminated>N</isAdminHiredOrTerminated>
        <brokerDealers>
          <brokerDealer>
            <brokerDealerName>RBC INVESTMENTS MANAGEMENT (ASIA) LIMITED</brokerDealerName>
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          <brokerDealer>
            <brokerDealerName>RBC INVESTMENT SERVICES (ASIA) LIMITED</brokerDealerName>
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          <brokerDealer>
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            <brokerDealerName>West Indies Stockbrokers Limited</brokerDealerName>
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          <brokerDealer>
            <brokerDealerName>RBC CAPITAL MARKETS (JAPAN) LTD.</brokerDealerName>
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          <brokerDealer>
            <brokerDealerName>RBC CAPITAL MARKETS (Europe) GMBH</brokerDealerName>
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            <brokerDealerName>RBC DIRECT INVESTING INC.</brokerDealerName>
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          <brokerDealer>
            <brokerDealerName>RBC CAPITAL MARKETS ARBITRAGE, S.A.</brokerDealerName>
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          <brokerDealer>
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          <brokerDealer>
            <brokerDealerName>RBC Europe Limited</brokerDealerName>
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          <brokerDealer>
            <brokerDealerName>RBC Dominion Securities Global Limited</brokerDealerName>
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          <brokerDealer>
            <brokerDealerName>CNR Securities Inc.</brokerDealerName>
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          <brokerDealer>
            <brokerDealerName>BlueBay Asset Management International Limited</brokerDealerName>
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          <brokerDealer>
            <brokerDealerName>RIM SECURITIES LLC</brokerDealerName>
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          <brokerDealer>
            <brokerDealerName>SYMPHONIC SECURITIES LLC</brokerDealerName>
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          <brokerDealer>
            <brokerDealerName>RBC Capital Markets, LLC</brokerDealerName>
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          <broker>
            <brokerName>J.P. Morgan Securities LLC</brokerName>
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            <brokerName>CREDIT SUISSE SECURITIES (USA) LLC</brokerName>
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        <isSwingPricing>N</isSwingPricing>
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      <managementInvestmentQuestion>
        <mgmtInvFundName>RBC Emerging Markets Value Equity Fund</mgmtInvFundName>
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          <relyOnRuleType>Rule 10f-3 (17 CFR 270.10f-3)</relyOnRuleType>
          <relyOnRuleType>Rule 12d1-1 (17 CFR 270.12d1-1)</relyOnRuleType>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
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            <isPricingServiceAffiliated>N</isPricingServiceAffiliated>
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            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
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            <adminName>RBC GLOBAL ASSET MANAGEMENT (U.S.) INC.</adminName>
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        <brokerDealers>
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          <brokerDealer>
            <brokerDealerName>RBC Dominion Securities Inc.</brokerDealerName>
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          <brokerDealer>
            <brokerDealerName>West Indies Stockbrokers Limited</brokerDealerName>
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            <brokerDealerCountry>TT</brokerDealerCountry>
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          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>RBC CAPITAL MARKETS (JAPAN) LTD.</brokerDealerName>
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            <brokerDealerCrdNo>N/A</brokerDealerCrdNo>
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            <brokerDealerCountry>BB</brokerDealerCountry>
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          <brokerDealer>
            <brokerDealerName>City National Securities, Inc.</brokerDealerName>
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            <brokerDealerStateCountry brokerDealerState="US-CA" brokerDealerCountry="US"/>
            <brokerDealerCommission>0.000000000000</brokerDealerCommission>
          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>RBC CAPITAL MARKETS (Europe) GMBH</brokerDealerName>
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            <brokerDealerCrdNo>N/A</brokerDealerCrdNo>
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            <brokerDealerCountry>DE</brokerDealerCountry>
            <brokerDealerCommission>0.000000000000</brokerDealerCommission>
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          <brokerDealer>
            <brokerDealerName>RBC DIRECT INVESTING INC.</brokerDealerName>
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          <brokerDealer>
            <brokerDealerName>RBC CAPITAL MARKETS ARBITRAGE, S.A.</brokerDealerName>
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          <brokerDealer>
            <brokerDealerName>RBC Securities Australia Pty Limited</brokerDealerName>
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            <brokerDealerCrdNo>N/A</brokerDealerCrdNo>
            <brokerDealerLei>N/A</brokerDealerLei>
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          </brokerDealer>
          <brokerDealer>
            <brokerDealerName>RBC Europe Limited</brokerDealerName>
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          <brokerDealer>
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            <brokerDealerLei>N/A</brokerDealerLei>
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          <brokerDealer>
            <brokerDealerName>CNR Securities Inc.</brokerDealerName>
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            <brokerDealerLei>N/A</brokerDealerLei>
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          <brokerDealer>
            <brokerDealerName>BlueBay Asset Management International Limited</brokerDealerName>
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            <brokerDealerLei>N/A</brokerDealerLei>
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          <brokerDealer>
            <brokerDealerName>RIM SECURITIES LLC</brokerDealerName>
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            <brokerDealerLei>N/A</brokerDealerLei>
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          <brokerDealer>
            <brokerDealerName>SYMPHONIC SECURITIES LLC</brokerDealerName>
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            <brokerDealerLei>N/A</brokerDealerLei>
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          <brokerDealer>
            <brokerDealerName>RBC Capital Markets, LLC</brokerDealerName>
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            <grossCommission>341.000000000000</grossCommission>
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          <broker>
            <brokerName>J.P. Morgan Securities LLC</brokerName>
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            <grossCommission>314.000000000000</grossCommission>
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          <broker>
            <brokerName>CREDIT LYONNAIS</brokerName>
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          <broker>
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            <brokerCountry>RU</brokerCountry>
            <grossCommission>323.000000000000</grossCommission>
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          <broker>
            <brokerName>CLSA SINGAPORE PTE LTD</brokerName>
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          <broker>
            <brokerName>CREDIT SUISSE SECURITIES (USA) LLC</brokerName>
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            <brokerName>MORGAN STANLEY &amp; CO. LLC</brokerName>
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          <broker>
            <brokerName>CITIGROUP GLOBAL MARKETS INC.</brokerName>
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        <aggregateCommission>313319.000000000000</aggregateCommission>
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            <principalName>MACQUARIE CAPITAL INVESTMENT MANAGEMENT LLC</principalName>
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            <principalName>U.S. Government Money Market Fund</principalName>
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            <principalStateCountry principalState="US-DE" principalCountry="US"/>
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            <principalLei>N/A</principalLei>
            <principalStateCountry principalState="US-NY" principalCountry="US"/>
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            <principalName>BNY MELLON CAPITAL MARKETS, LLC</principalName>
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        <hasLineOfCredit>N</hasLineOfCredit>
        <isInterfundLending>N</isInterfundLending>
        <isInterfundBorrowing>N</isInterfundBorrowing>
        <isSwingPricing>N</isSwingPricing>
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      <managementInvestmentQuestion>
        <mgmtInvFundName>RBC Emerging Markets Small Cap Equity Fund</mgmtInvFundName>
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        <fundType>N/A</fundType>
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        <isFundSecuritiesLending>N</isFundSecuritiesLending>
        <didFundLendSecurities>N</didFundLendSecurities>
        <paymentToAgentManagerType>N/A</paymentToAgentManagerType>
        <avgPortfolioSecuritiesValue>N/A</avgPortfolioSecuritiesValue>
        <netIncomeSecuritiesLending>N/A</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 10f-3 (17 CFR 270.10f-3)</relyOnRuleType>
          <relyOnRuleType>Rule 12d1-1 (17 CFR 270.12d1-1)</relyOnRuleType>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
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        <isExpenseReducedOrWaived>Y</isExpenseReducedOrWaived>
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        <isExpenseWaivedRecoupable>N</isExpenseWaivedRecoupable>
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          <subAdviser>
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            <transferAgentName>U.S. Bank Global Fund Services</transferAgentName>
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        <isTransferAgentHiredOrTerminated>N</isTransferAgentHiredOrTerminated>
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          <pricingService>
            <pricingServiceName>Intercontinental Exchange, Inc.</pricingServiceName>
            <pricingServiceLei>5493000F4ZO33MV32P92</pricingServiceLei>
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          <pricingService>
            <pricingServiceName>Bloomberg Finance L.P.</pricingServiceName>
            <pricingServiceLei>5493001KJTIIGC8Y1R12</pricingServiceLei>
            <pricingServiceStateCountry pricingServiceState="US-NY" pricingServiceCountry="US"/>
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            <custodyType>Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))</custodyType>
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        <isShareholderServiceHiredTerminated>N</isShareholderServiceHiredTerminated>
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            <adminName>The Bank of New York Mellon</adminName>
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          <admin>
            <adminName>RBC GLOBAL ASSET MANAGEMENT (U.S.) INC.</adminName>
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            <brokerDealerName>RBC INVESTMENT SERVICES (ASIA) LIMITED</brokerDealerName>
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            <brokerDealerName>RBC CAPITAL MARKETS (JAPAN) LTD.</brokerDealerName>
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          <brokerDealer>
            <brokerDealerName>RBC CAPITAL MARKETS (Europe) GMBH</brokerDealerName>
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            <brokerDealerLei>549300SXSTGQY3EA1B18</brokerDealerLei>
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          <brokerDealer>
            <brokerDealerName>RBC DIRECT INVESTING INC.</brokerDealerName>
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            <brokerDealerLei>549300U4H4BEJHJ27M83</brokerDealerLei>
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          <brokerDealer>
            <brokerDealerName>RBC CAPITAL MARKETS ARBITRAGE, S.A.</brokerDealerName>
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            <brokerDealerCrdNo>000121263</brokerDealerCrdNo>
            <brokerDealerLei>VPSDYLYD46Y0HGE26Y04</brokerDealerLei>
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