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Mutual Funds

Benefits of Mutual Funds

  • Professionally Managed

    A professional money manager makes the investment decisions and monitors the markets, so you don’t have to.

Professionally Managed

A professional money manager makes the investment decisions and monitors the markets, so you don’t have to.

  • Something for Everyone

    Whether you want growth, a conservative investment, or something in-between, there’s a mutual fund for you.

Something for Everyone

Whether you want growth, a conservative investment, or something in-between, there’s a mutual fund for you.

  • Easy to Invest

    You can have a professionally managed portfolio for an initial investment of just $500.

Easy to Invest

You can have a professionally managed portfolio for an initial investment of just $500.

  • Access to Markets

    Get convenient access to global capital markets, including equities and fixed income.

Access to Markets

Get convenient access to global capital markets, including equities and fixed income.

  • Investment Variety

    Mutual funds invest in a variety of equities, bonds and other holdings, giving you a balanced and diversified portfolio.

Investment Variety

Mutual funds invest in a variety of equities, bonds and other holdings, giving you a balanced and diversified portfolio.

Five Portfolios. Five Impressive Track Records.

Use the interactive chart below to view how RBC Select Portfolios have outperformed their peer groups.

RBC Select Balanced Portfolio, the largest balanced fund in Canadalegal disclaimer 2 has outperformed its peer group by 17.5% based on 10 years of performance data.

Ideal for medium-to-long term investors who want a low-to-medium risk investment that offers modest income potential and the opportunity for growth.

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17.5%

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Source Data: Morningstar Inc. (Morningstar.ca). Based on growth of $25,000 from September 1, 2016 to August 31, 2026, RBC Select Balanced Portfolio Series F compared to its Peer Group – Global Neutral Balanced category. RBC Select Balanced Portfolio returns reflect series F, net of fees. Series F units are designed to be held in fee-based accounts. Series F MERs include costs for investment management, operating expenses and taxes and are payable to the fund manager. Investors pay ongoing fees for investment advice and other services directly to their advisor as a separate account fee. “Peer group category average” reflects Global Neutral Balancedlegal disclaimer ‡ category average, as reported by Morningstar Inc. Past performance is not a guarantee of future results. It is not possible to directly invest in a Morningstar peer group category. The indicated rates of return are the historical annual compounded total returns for the periods indicated including changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any unitholder that would have reduced returns.

Standard performance data for RBC Select Balanced Portfolio - Series F as of August 31, 2026, is – 1-yr: 14.6%, 3-yr: 13.8%, 5-yr: 7.2%, 10yr: 7.9%. Standard performance data for Morningstar Global Neutral Balanced category as of August 31, 2026, is – 1-yr: 11.6%, 3-yr: 11.6%, 5-yr: 5.9%, 10yr: 6.2%.

View the historical performance of more funds:

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Put your U.S. Dollars to work

Choose from USD-denominated mutual funds and work towards your financial goals.

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Global Investment Expertise

Choose RBC Global Asset Management – Canada’s largest fund company by assetsLegal Disclaimer*

Choose RBC Global Asset Management – Canada’s largest fund company by assetsLegal Disclaimer*

Learn more about RBC Global Asset Management

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What Else Should I Know?

Investment Performance Snapshot

View the historical performance of our funds.

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Portfolio Solutions

In addition to individual RBC Funds and PH&N Funds, you can also invest in Portfolio Solutions.

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Mutual Fund FAQs

Explore top mutual fund questions.

You can invest in mutual funds in several ways:

  • Through RBC Online Banking or the RBC Mobile Applegal disclaimer 3: You’ll need an up-to-date Investor Profile and an RBC chequing or savings account. You can create your Investor Profile online and buy mutual funds when you open an account.

  • By phone: Call 1-800-463-3863 to speak with an RBC representative.
  • In person: Book an appointment

The right fund depends on your financial goals, time horizon, and risk tolerance.

A few questions to ask yourself:

  • Are you investing for growth, income, or capital preservation?
  • How long can you leave your money invested?
  • How comfortable are you with market fluctuations?

Our online experience, or an RBC advisor can help you create an Investor Profile and match you with funds that align with your goals.

RBC offers funds across several categories:

  • Equity funds: invest in stocks for long-term growth potential.
  • Fixed income funds: invest in bonds for regular income and stability.
  • Balanced funds: a mix of equities and fixed income for moderate growth with managed risk.
  • Money market funds: short-term, low-risk investments suited to capital preservation.
  • Portfolio Solutions: diversified fund-of-funds ranging from very conservative to aggressive growth, in one investment.

Not sure where to start? An RBC advisor can walk you through your options based on your Investor Profile and goals.

Book an appointment
When you buy a stock, you own a piece of one company, meaning your investment rises and falls with that single business. A mutual fund holds many securities across companies, sectors, and geographies, so no single holding has an outsized impact on your overall investment. Mutual funds also come with professional management, making them a more hands-off option for investors.
An index fund is a type of mutual fund. They are designed to track a specific market index, like the S&P/TSX Composite, rather than trying to outperform it. Traditional mutual funds are actively managed, with a portfolio manager selecting securities to beat the market.

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

An Investor Profile captures your investing objectives, risk tolerance, and time horizon. It requires being updated within the last 12 months before you can purchase a mutual fund or portfolio solution online. An up-to-date Investor Profile ensures that you purchase mutual funds that are appropriate for you.

You can create your Investor Profile online and buy mutual funds when you open an account:

Select the account you want to open:

Other ways to create a new Investor Profile or update your existing one
  • By phone: Call 1-800-463-3863 to speak with an RBC representative.
  • In person: Book an appointment

You can set up a Pre-Authorized Contribution (PAC) to invest automatically. A simple way to build savings consistently over time. You can also update your PAC amount or frequency whenever you want.

Both give you a diversified portfolio, but they work differently. Mutual funds trade once daily at their net asset value while ETFs trade on a stock exchange throughout the day like stocks. Most mutual funds are actively managed by a portfolio manager aiming to outperform the market; most ETFs passively track a market index.
The MER is the percentage of your mutual fund that goes toward running and managing it each year. For example, if a fund's MER is 0.20%, you'd pay $20 for every $10,000 invested each year.
You won't see the MER as a separate charge. It’s deducted directly from the fund's assets, so it's already reflected in the returns you see.

View All FAQs Managing your Mutual Funds online

Ready to open an account and start investing online?

Mutual Funds are sold by Royal Mutual Funds Inc. (RMFI). Please consult your advisor and read the prospectus or Fund Facts document before investing. There may be commissions, trailing commissions, management fees and expenses associated with mutual fund investments. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. Mutual fund securities are not insured by the Canada Deposit Insurance Corporation. The indicated rates of return are the historical annual compounded total returns for the periods indicated including changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any unitholder that would have reduced returns. Investment advice is provided by RMFI. RMFI, RBC Global Asset Management Inc., Royal Bank of Canada, Royal Trust Corporation of Canada and The Royal Trust Company are separate corporate entities which are affiliated. RMFI is licensed as a financial services firm in the province of Quebec.
Past performance is not a guarantee of future performance.
Investment advice is provided by Royal Mutual Funds Inc. (RMFI). RMFI, RBC Global Asset Management Inc., Royal Bank of Canada, Royal Trust Corporation of Canada and The Royal Trust Company are separate corporate entities which are affiliated.
RBC Funds are offered by RBC Global Asset Management Inc. and sold by Royal Mutual Funds Inc. Royal Mutual Funds Inc., Royal Bank of Canada, RBC Global Asset Management Inc., Royal Trust Company and The Royal Trust Corporation of Canada are separate corporate entities that are affiliated. Royal Mutual Funds Inc. is licensed as a financial services firm in the province of Quebec.
There may be commissions, trailing commissions, management fees and expenses associated with mutual fund investments. Mutual funds are not guaranteed or covered by the Canada Deposit Insurance Corporation or by another government deposit insurer. For funds other than money market funds, unit values change frequently. For money market funds, there can be no assurances that a fund will be able to maintain its net asset value per security at a constant amount or that the full amount of your investment in a fund will be returned to you. Past performance may not be repeated. Please read the Fund Facts before investing.
All the five RBC Select Portfolios - Series F are only available to clients with an RBC Investment Advantage account. To open an Investment Advantage account the client and their Inner Circle1 must have individual or combined assets of $250,000 or more to invest in mutual funds."