Mutual Funds


A mutual fund is a pool of stocks, bonds and other securities held in trust on behalf of individual investors. When you invest in a mutual fund, you purchase units in a professionally managed portfolio of securities, with each unit representing a share of ownership in the portfolio.

Yes, you can hold a mutual fund on its own as a non-registered investment, or within a registered plan (TFSARRSPRRIFRESP or RDSP).

You can buy mutual funds several ways:

Your Investor Profile reflects information about you and your investment preferences (investment objectives, risk tolerance and time horizon), which may differ for each of your investment accounts. You must have a current Investor Profile that has been updated in the last 12 months to purchase a mutual fund or portfolio solution. To create or update your Investor Profile:

It’s best to work with an RBC advisor to find the investments that best meet your goals, objectives and tolerance for risk.

Managing Your Investments Online

You can buy mutual funds online through RBC Online Banking(opens new window) or the RBC Mobile app(opens new window), providing you:

  • Are purchasing the mutual fund within an existing registered plan (e.g. TFSA, RRSP or RESP)
  • Have Online Banking access
  • Have an up-to-date Investor Profile
Purchase mutual funds online(opens new window)