Liquidation: RBC FUNDS TRUST

Form Type: 497

Filing Date: 2025-06-26

Corporate Action: Liquidation

Type: New

Accession Number: 000119312525147960

Filing Summary: The document is a supplement to the RBC Global Equity Funds Prospectus and states that the Board of Trustees has approved the liquidation and dissolution of the RBC Global Equity Leaders Fund, scheduled for around July 25, 2025. Beginning July 16, 2025, the Fund will increase its cash holdings in preparation for liquidation. On the Liquidation Date, the Fund will distribute its assets to shareholders, barring some cash reserves for liabilities. All purchases and exchanges into the Fund will be suspended effective July 15, 2025, although redemptions will still be processed until the Liquidation Date without imposed fees. If shares are not redeemed by that date, they will be automatically redeemed and proceeds sent to shareholders based on account instructions. For shares held in tax-deferred accounts, proceeds will be reinvested in a different fund unless liquidated beforehand. Investors are advised to consult tax advisors regarding the tax implications of this liquidation.

Form Type: 497

Filing Date: 2025-06-26

Corporate Action: Liquidation

Type: New

Accession Number: 000119312525147968

Filing Summary: The document provides a notice regarding the liquidation and dissolution of the RBC Enterprise Fund, RBC Small Cap Core Fund, RBC Microcap Value Fund, and RBC Small Cap Value Fund, as approved by the Board of Trustees. The liquidation is set to occur on or about September 29, 2025. As part of the preparation for liquidation, each Fund may begin to depart from its stated investment objectives and strategies, increasing cash holdings effective September 17, 2025. Shareholders will receive pro rata distributions of all Fund assets, excluding cash and cash equivalents for meeting liabilities and obligations on the Liquidation Date. Purchases and exchanges into the Funds will be suspended for new investors on or about September 5, 2025, and for existing shareholders on September 12, 2025, with the exception of purchases through dividend reinvestment. Investors can redeem their shares up until the Liquidation Date without incurring any fees. If shares are not redeemed prior to the Liquidation Date, they will be automatically redeemed and proceeds sent based on account instructions. Liquidation proceeds from tax-deferred accounts will be reinvested in the RBC BlueBay U.S. Government Money Market Fund unless otherwise directed by the investor. The document advises consulting a tax advisor regarding the tax implications of the liquidation.