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%
Open an account by October 31, 2018 and pay no management fees until March 31, 2019.
with RBC InvestEase
with traditional advisor
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% + applicable sales taxes 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:
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.