My Savings and Investments

Your account statement includes information about the rate of return. Some Guaranteed Investment Certificates (GICs) have a fixed interest rate and are predictable. Other GICs and mutual funds can have variable returns that fluctuate based on capital market performance. If you want help to access or understand your statement, you can speak to an RBC advisor by phone, in-person or video chat.

To view today’s interest rates for GICs and Savings Deposits, use the links below:

• Interest rates for non-registered GICs
• Interest rates for registered GICs
• Interest rates for registered Savings Deposits

To view the historical performance of our mutual funds:

• Try our Investment Performance Snapshot tool

The tax implications of redeeming or withdrawing from your investments depend on the type of investment it is, the type of plan/account you hold it in, your investing term/time horizon and your rate of return.

For example, withdrawing from your Tax-Free Savings Account (TFSA) has no tax consequences, but withdrawing from your Registered Retirement Savings Plan (RRSP), RBC must deduct withholding taxes and will pay you the remaining balance. The amount withheld may or may not be enough to cover the income tax.

To understand the tax impact of withdrawing from your particular investment(s), talk to an RBC advisor or a tax professional.

Most investments, with the exception of certain Guaranteed Investment Certificates (GICs), can be withdrawn any time. Just keep in mind that there may be tax consequences for withdrawing from certain plans. For example, if you withdraw from your Registered Retirement Savings Plan (RRSP), the amount withdrawn is taxable. RBC must deduct withholding taxes and will pay you the remaining balance. The amount withheld may or may not be enough to cover the income tax.

Some investment products carry more risk than others. If you are concerned about the level of risk you carry with your investments, talk to an RBC advisor. He or she can make sure your investments are in line with your risk tolerance, investing timeline and goals.

Here’s a general overview of the risk associated with investments available through RBC:

• Savings deposits are very safe investments—both your original deposit and your interest rate are guaranteed, just like they would be in a regular savings account.
• Guaranteed Investment Certificates (GICs) are also very safe investments. Your 100% principal and interest guaranteed when held to maturity.
• All mutual funds (and RBC Portfolio Solutions) come with some level of risk, but the degree and type of risk can vary greatly depending on the type of mutual fund.