Supporting Your Complete Financial Well-Being

Mutual funds are distributed and financial planning services and investment advice are provided by Royal Mutual Funds Inc. (RMFI). There may be commissions, trailing commissions, management fees and expenses associated with mutual fund investments. Please read the Fund Facts/prospectus before investing. Mutual fund securities are not guaranteed or covered by the Canada Deposit Insurance Corporation or by another government deposit insurer, their values change frequently and past performance may not be repeated. RBC Funds, PH&N Funds, BlueBay Funds and RBC Corporate Class Funds are offered by RBC Global Asset Management Inc. (RBC GAM). RBC GAM, RMFI, Royal Bank of Canada, Royal Trust Corporation of Canada and The Royal Trust Company are separate corporate entities which are affiliated. RBC Funds, PH&N Funds, BlueBay Funds, RBC Corporate Class Funds and Royal Bank of Canada are related issuers of RMFI. RMFI is licensed as a financial services firm in the province of Quebec.

1)

Eligible fees and costs, up to $5000 include: Transfer out fees relinquishing firm, account closure fees and trading costs including fees to sell equity, fixed income and other securities excluding mutual funds. Costs not covered include Deferred Sales Charges (DSC), Tax liability of liquidating assets, short-term trading costs, Any other fees or commissions that may be incurred by the client on the redemption of their existing mutual funds.

2)

For clients who are Medical Professionals or their participating family members within the RBC Investment Advantage Account Grouping for Medical Professionals, defined as: Student Physician, Resident Physician, Practicing Physician, Retired Physician. Medical Professional Network is defined as members associated through a common employer (practice, hospital, clinic). Medical Professionals associated with multiple practices can participate with members within the different practice as per the Medical Professional Network definition above.

3)

Family Member is defined as You, your spouse/partner, your parents, your children (including children’s spouses), and you and your spouse/partner’s parents, siblings, and siblings’ spouses/partners and children can participate in the same RBC Investment Advantage Account Grouping.