Annual management fee
on your account balance*
We use powerful technology to help manage your investment portfolio, allowing us to keep our management fee low. This fee covers services like buying and managing your investments and providing advice. Elsewhere, you could expect to pay 1-2% for an advisor.Legal Disclaimer 2
All of our portfolios are built with exchange-traded funds (ETFs). Like mutual funds, ETFs include a small cost called the . All funds include this fee…whether they tell you or not.
ETF MERs in our Standard Portfolios | ETF MERs in our Responsible Investing Portfolios: |
---|---|
0.11%-0.14%** | 0.18%-0.23%** |
The Management Expense Ratio (MER) includes a few different costs:
Investment funds pay investment fund managers a fee for managing their funds. You are not directly charged the management fee. But, these fees affect you because they reduce the amount of the fund’s return to you. Information about management fees and other charges to your investment funds is included in the prospectus or fund facts document for each fund.
See our FAQs for a detailed explainer.
Our Standard Portfolio is ideal for anyone who wants to reach their future goals and is primarily focused on minimizing their investment fees.
Our Responsible Investing Portfolio is ideal for anyone who wants to reach their future goals while creating a happier, healthier planet.
A Professionally-Built Portfolio
A team to manage your investments
One-on-one advice if you need it
ETFs from an industry leaderLegal Disclaimer 4
Exclusive benefits as an RBC client
The stability, security and expertise of RBC
RBC InvestEase charges an annual management fee of 0.50% + applicable sales tax (billed monthly, based on your account’s average Assets Under Management). A weighted average management expense ratio between 0.11%–0.23% will apply to the ETFs held in your portfolio.
For additional details on transfer fees please refer to the below section.
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.
Like mutual funds, exchange-traded funds (ETFs) have expenses related to managing the fund. These expenses are expressed as the management expense ratio (MER). In general, ETFs are more cost-efficient compared to mutual funds of equivalent strategies. The MER is made up of the following costs:
Note: The ETF MERs described above are different from the annual investment management fee of 0.50% that RBC InvestEase charges for its services.
Our annual investment management fee of 0.50% + applicable sales taxes will be billed monthly, based on your average assets under management.
You won’t need to pay any fees to withdraw funds from your account. You’ll only pay a fee of $150 + applicable sales taxes if you make a transfer from your RBC InvestEase account to an investment account (registered or non-registered) at another non-RBC financial institution. This fee doesn’t apply to transfers between investment accounts held with RBC (or its subsidiaries).
Please note that you may be subject to tax consequences when withdrawing from a registered account. Visit Canada.ca(opens new window) to learn more.
When transferring $15,000 or more from a financial institution that is not affiliated with RBC to your RBC InvestEase account, we will reimburse up to a maximum of $200 in transfer fees, to be paid into your RBC InvestEase account.
If you’d like to withdraw funds from your account, sign in to RBC InvestEase and click on “Move Money” from the top menu and then select “Withdraw”.
You’ll only be charged any outstanding management fee on a prorated basis if you close your account.
Get a professionally-built and managed investment portfolio without the work.