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0.5%

Annual management fee after promotional period2

Pay a management fee of just 0.5% per year on your investment balance, plus MERs charged by the ETF manager.

ETF MERs (weighted average) 0.10%-0.17%

For Limited-Time3

Open an account by October 31, 2018 and pay no management fees until March 31, 2019.

How Your Money Could Grow with Us
(Vs. a traditional advisor)

With RBC InvestEase, you can save an additional
over a 30-year period2.

with RBC InvestEase

with traditional advisor

Important Things to Know

The annual investment management fee covers the costs of buying your investments, rebalancing your portfolio, and accessing our Portfolio Advisors. There are no surprise transaction or administrative fees.

Our annual management fee of 0.50% + HST will be billed monthly, based on your average Assets Under Management.

Yes. You need to contribute at least $1,000 into your account to start so that we can invest your funds into a diversified portfolio, which will have a mix of assets suited to your investment plan.

This $1,000 minimum only applies to your first deposit. After that, you can choose to deposit as much or as little as you’d like. Just keep in mind that your plan may go off track if your contributions don’t match what you set out in your investment plan. We suggest maintaining a balance of $1,000 or more to ensure your portfolio is always diversified.

If you need to update your investment plan, give us a call at 1-800-769-2531 and a Portfolio Advisor will be happy to help you.

Like mutual funds, Exchange Traded Funds (ETFs) have expenses related to managing the fund. These expenses are usually expressed as the Management Expense Ratio (MER), which is made up of the following costs:

  • Management Fee: The annual fee payable by the fund to the fund manager (e.g. RBC Global Asset Management) for acting as trustee and manager. This fee is the largest portion of the MER. It includes costs associated with paying the custodian and valuation agents, registrar and transfer agents, and any other service providers retained by the manager.
  • Operating Expenses: Other operating costs such as fees associated with complying with national regulations and the fees payable to members of the board of governors of the ETFs.
  • Taxes: Each fund is required to pay applicable sales taxes on management fees and administration fees charged to the fund.
  • Management Expense Ratio (MER): The percentage of a fund’s average net assets paid out of the fund each year to cover the day-to-day and fixed costs of managing the fund. The figure is reported in the Fund’s annual management report of fund performance. MER includes all management fees and applicable sales taxes paid by the fund for the period, including fees paid indirectly as a result of holding other ETFs.

The ETF MERs described above are different from the annual investment management fee of 0.50% that RBC InvestEase charges for its services.

You won’t need to pay any fees to withdraw funds from your account. You’ll only pay a fee of $135 + applicable sales taxes if you transfer money from your RBC InvestEase account to an account at another financial institution.

If you’d like to withdraw funds from your account, call 1-800-769-2531 and a Portfolio Advisor will help.

There are no additional fees to close your account. During our pilot, you will not have to pay our annual management fee of 0.50% + applicable sales taxes. If you close your account once this fee is being charged, you’ll be charged any outstanding advisory fees on a prorated basis.

Ready to Grow Your Money?

Create your personalized investment plan now. And if you’re ready, start investing with just $1,000.

*Required Information

At this time, RBC InvestEase is only available to RBC clients in Alberta, Ontario and Saskatchewan who are 18 years old and over.

Interested but not eligible?

Questions?

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Legal Disclaimer
RBC InvestEase Inc. provides online discretionary investment management services. Other products and services may be offered by one or more separate corporate entities that are affiliated to RBC InvestEase Inc., including without limitation: Royal Bank of Canada, RBC Direct Investing Inc., RBC Dominion Securities Inc., RBC Global Asset Management Inc., Royal Trust Corporation of Canada and The Royal Trust Company. RBC InvestEase Inc. is a wholly-owned subsidiary of Royal Bank of Canada and uses the business name RBC InvestEase.

The services provided by RBC InvestEase are only available in Alberta, Ontario and Saskatchewan. If you are not currently a resident in Alberta, Ontario or Saskatchewan, you should not access the information available through this digital service.