RBC launches portfolios based on planned retirement date

RBC Global Asset Management has a new set of seven retirement portfolios based on an investor’s expected retirement date. The portfolios work with the RBC retirement income solution and follow a retirement timeline designed to meet the needs of investors throughout their investing lifetime. Read: Custom portfolios now offered by robo ModernAdvisor RBC says they […]

By Staff | December 12, 2016 | Last updated on December 12, 2016

1 min read

RBC Global Asset Management has a new set of seven retirement portfolios based on an investor’s expected retirement date.

The portfolios work with the RBC retirement income solution and follow a retirement timeline designed to meet the needs of investors throughout their investing lifetime.

Read: Custom portfolios now offered by robo ModernAdvisor

RBC says they combine investment management expertise with behavioural finance research to diversify investors’ holdings, simplify their choices and manage volatility risk.

Read: Using sell discipline to cement returns

The bank’s asset managing branch has also introduced a retirement resource centre designed to help educate investors about planning for their future.

Read: Why it’s not too late to buy Canada

The management fees for the RBC retirement portfolios are outlined in the table below.

Fund	Series F	Series FT5	Series A	Series T5	Advisor series (low load)
RBC Retirement Income Solution	0.70%	0.70%	1.45%	1.45%	1.45%
RBC Retirement 2020 Portfolio	0.75%	0.75%	1.50%	1.50%	1.50%
RBC Retirement 2025 Portfolio	0.80%	—	1.80%	—	1.80%
RBC Retirement 2030 Portfolio	0.80%	—	1.80%	—	1.80%
RBC Retirement 2035 Portfolio	0.80%	—	1.80%	—	1.80%
RBC Retirement 2040 Portfolio	0.80%	—	1.80%	—	1.80%
RBC Retirement 2045 Portfolio	0.80%	—	1.80%	—	1.80%
RBC Retirement 2050 Portfolio	0.80%	—	1.80%	—	1.80%

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.

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