Have you ever heard “There’s no catch” in response to the question “What’s the catch?”
Of course you have!
At RBC InvestEase, there actually is a catch. Wait, what? A catch? Let us explain…
Investing with us is not only easy and convenient, but we’re also transparent about our fees. We’ve got nothing to hide! In fact, we can lay out your costs in two simple points:
- You pay an annual management fee of just 0.5% on your investment balance, which gives you access to professional Portfolio Advisors and covers the cost of buying your investments and rebalancing your portfolio.
- The exchange-traded funds (ETFs) we buy to build your portfolio have low management expense ratios (MERs) ranging from 0.11% to 0.30%. The MER, expressed as a percentage of the fund’s overall value, covers expenses related to managing the fund.
And that’s it. That’s our catch. The fact that we choose to be transparent about all of our fees so there are no surprises for you!1
The phrase “what’s the catch?” comes from the definition of catch, or to capture. While we promise to never actually come and capture you, we feel our transparency and low costs are some of the most compelling reasons you’ll want to come and invest with us.
As we like to say, RBC InvestEase – what a catch!