Exhibit H7VI
AMENDMENT TO
SECOND AMENDED AND RESTATED EXPENSE LIMITATION AGREEMENT
This Amendment to Second Amended and Restated Expense Limitation Agreement (the “Amendment”) is made and entered into as of March 20, 2026, between RBC Funds Trust, a Delaware statutory trust (the “Trust”), on behalf of each of its series listed on Schedule A hereto (each, a “Fund” and collectively, the “Funds”), and RBC Global Asset Management (U.S.) Inc., a Minnesota corporation (“RBC GAM US”).
WHEREAS, the Trust and RBC GAM US previously entered into that certain Second Amended and Restated Expense Limitation Agreement, dated as of October 1, 2019 (as further amended, restated, modified or supplemented from time to time, the “Agreement”); and
WHEREAS, the Trust and RBC GAM US wish to amend the Agreement to reflect the expense limitation arrangement with RBC BlueBay Credit Opportunities Fund and Institutional Class 3 of RBC BlueBay U.S. Government Money Market Fund.
NOW THEREFORE, in consideration of the mutual premises and covenants herein set forth, the parties agree as follows:
1. Schedule A of the Agreement shall be replaced in its entirety with the updated Schedule A attached hereto.
2. The Agreement, as modified herein, shall continue in full force and effect, and nothing herein contained shall be construed as a waiver or modification of existing rights under the Agreement, except as such rights are expressly modified hereby.
[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed and delivered by their respective authorized officers or representatives as of the date first above written.
| RBC FUNDS TRUST |
| By: /s/ Kathleen Hegna |
| Name: Kathleen Hegna |
| Title: Treasurer and Chief Financial Officer |
| RBC GLOBAL ASSET MANAGEMENT (U.S.) INC. |
| By: /s/ Brandon Lew |
| Name: Brandon Lew |
| Title: President and Chief Financial Officer |
Schedule A
| Operating Expense Limits – By Class | ||||||||||||||||
| Fund Name | Class A | Class I | Class R6 | Class IS | Class Y | Inst Class 3 |
Initial Term Through* |
Recoupment Duration | ||||||||
| RBC BlueBay Access Capital Community Investment Fund | 0.80% | 0.45% | NA | 0.40% | NA | NA |
January 31, 2018 with respect to Classes A and I; January 31, 2021 with respect to Class IS |
12 months | ||||||||
| RBC BlueBay Core Plus Bond Fund | 0.70% | 0.45% | 0.40% | NA | NA | NA | January 31, 2023 | 36 months | ||||||||
| RBC BlueBay Credit Opportunities Fund | 0.82% | 0.57% | 0.49% | NA | NA | NA | January 31, 2028 | 36 months | ||||||||
| RBC BlueBay Emerging Market Debt Fund | 1.04% | 0.79% | 0.74% | NA | NA | NA | January 31, 2018 | 36 months | ||||||||
| RBC BlueBay High Yield Bond Fund | 0.82% | 0.57% | 0.49% | NA | NA | NA | January 31, 2018 with respect to Classes A and I; January 31, 2027 with respect to Class R6; | 36 months | ||||||||
| RBC BlueBay Impact Bond Fund | 0.70% | 0.45% | 0.40% | NA | 0.40% | NA | January 31, 2019 with respect to Classes I and R6; January 31, 2021 with respect to Class A; January 31, 2022 with respect to Class Y | 36 months | ||||||||
| RBC BlueBay Short Duration Fixed Income Fund | 0.45% | 0.35% | NA | NA | NA | NA | July 31, 2018 | 36 months | ||||||||
| RBC BlueBay Strategic Income Fund | 0.88% | 0.63% | 0.58% | NA | NA | NA | January 31, 2023 | 36 months | ||||||||
| RBC BlueBay Ultra-Short Fixed Income Fund | 0.38% | 0.28% | NA | NA | NA | NA | July 31, 2018 | 36 months | ||||||||
| RBC BlueBay U.S. Government Money Market Fund | 0.25% | NA | NA | NA | NA | 0.28% | July 31, 2025 with respect to Class A; July 31, 2027 with respect to Institutional Class 3 | 12 months | ||||||||
| RBC China Equity Fund | 1.30% | 1.05% | 1.00% | NA | NA | NA | July 31, 2023 | 36 months | ||||||||
| RBC Emerging Markets Equity Fund | 1.13% | 0.88% | 0.88% | NA | NA | NA | September 30, 2018 | 36 months | ||||||||
| RBC Emerging Markets ex-China Equity Fund | 1.13% | 0.88% | 0.88% | NA | NA | NA | July 31, 2024 | 36 months | ||||||||
| RBC Emerging Markets Value Equity Fund | 1.20% | 0.95% | 0.88% | NA | NA | NA | July 31, 2019 with respect to Classes I and R6; July 31, 2023 with respect to Class A | 36 months | ||||||||
| RBC Global Opportunities Fund | 1.00% | 0.75% | 0.70% | NA | NA | NA |
July 31, 2018 with respect to Classes I and R6; July 31, 2021 with respect to Class A |
36 months | ||||||||
| RBC International Equity Fund | 1.04% | 0.79% | 0.74% | NA | NA | NA | July 31, 2024 | 36 months |
| RBC International Small Cap Equity Fund | 1.24% | 0.99% | 0.94% | NA | NA | NA | July 31, 2024 | 36 months | ||||||||
| RBC SMID Cap Growth Fund | 1.07% | 0.82% | 0.77% | NA | NA | NA | January 31, 2019 | 12 months |
* Note that after the initial term, this Agreement shall continue in effect from year to year thereafter for each Fund, unless and until revised or terminated, all as described in Section 3 of the Agreement.