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Investing FAQs

Have a Question About Your Investments?

Find answers to some of the top questions we get from our clients. Don’t see your question?

Please call us at: 1-800-463-3863

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:

To view the historical performance of our mutual funds:

Most investments, with the exception of certain Guaranteed Investment Certificates (GICs), can be withdrawn any time.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 implications for withdrawing from certain registered 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 For example, if you withdraw from your Registered Retirement Savings Plan (RRSP), the amount withdrawn is taxable.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

The tax implications of redeeming or withdrawing 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 if you're 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.

Some investment products carry more risk than others. Talk to an RBC advisor to 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 Royal Bank:

  • 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.

Your annual investment review is like any other kind of checkup - an opportunity to see if you are on track to reach your financial goals, look at any changes since your last checkup and whether there are any new products or services that may be suitable for you.

Fees can have a big impact on how much your money grows over the long term. That’s why we have always focused on trying to keep costs low for our investors. We also believe in providing transparency in mutual fund fees and that you should know exactly what you are paying for.

Your mutual fund statements will clearly outline how much and what you’re paying for, so you can assess the value you’re receiving. You can also call us at 1-800-463-3863 (toll-free) or meet with an advisor at your local branch to discuss the fees you are paying.

For more investment-related FAQs, see the FAQs on our Investments site.

Financial planning service and investment advice are 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. RMFI is licensed as a financial services firm in the province of Quebec.
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.