Exchange-traded funds (ETFs) are funds that can hold investments like stocks, bonds, commodities and currencies. They are great for individual investors because you can build a diversified* portfolio faster and with less money than if you invest in individual stocks or bonds. ETFs pool the money of many investors together to buy a variety of investments. That means owning an ETF lets you to hold the underlying stocks and bonds in the “pool” proportional to your investment. ETFs that are indexed typically track a specific: Since ETFs trade on an exchange throughout the day (like a stock), they are easy to buy and sell. And, they typically have lower fees and no investment minimums compared to other types of investments (such as mutual funds). *Diversification is a strategy used to reduce risk by holding securities across a variety of issuers, asset types, sectors, industries and geographies. At RBC Direct Investing, you have access to in-depth research reports, powerful tools and screeners. Find out more about the tools and resources available. provides online discretionary investment management services. Other products and services may be offered by one or more separate corporate entities that are affiliated to RBC Invest Ease Inc., including without limitation: Royal Bank of Canada, RBC Direct Investing Inc., RBC Dominion Securities Inc., RBC Global Asset Management Inc., Royal Trust Corporation of Canada and The Royal Trust Company. is a wholly-owned subsidiary of Royal Bank of Canada and uses the business name RBC Invest Ease. At RBC Invest Ease, a carefully-selected mix of ETFs are packaged for you into a ready-to-go professional portfolio based on your responses to a few questions. RBC Direct Investing offers a variety of registered and non-registered accounts for you to buy and sell ETFs and stocks. At RBC Invest Ease, you’ll pay a management fee of just 0.5% per year on your investment balance, plus a weighted average management expense ratio (MER) between 0.11-0.30% charged by the ETF manager will apply to the ETFs held in your portfolio. In addition, the RBC i Shares ETFs in which RBC Invest Ease Inc. Learn more about RBC Direct Investing account types. clients invest are managed by Black Rock Asset Management Canada Limited. and Black Rock Asset Management Canada Limited have entered into a strategic alliance to bring together their respective ETF products under the RBC i Shares ETF brand, and to offer a unified distribution support and service model for RBC i Shares ETFs. and Royal Bank of Canada are separate corporate entities which are affiliated. is a wholly owned subsidiary of Royal Bank of Canada and is a Member of the Investment Industry Regulatory Organization of Canada and the Canadian Investor Protection Fund. At RBC Invest Ease, you can choose from a Tax-Free Savings Account (TFSA), Registered Retirement Savings Plan (RRSP) or non-registered investment account. Royal Bank of Canada and certain of its issuers are related to RBC Direct Investing Inc. does not provide investment advice or recommendations regarding the purchase or sale of any securities. Specific terms and conditions apply for membership in the RBC Direct Investing Community. Investors are responsible for their own investment decisions. For details please sign into the RBC Direct Investing online investing site, click the link to the Legal Terms of Use and read the RBC Direct Investing Community - Terms of Service. per equity trade when you trade 150 times or more per quarter. RBC Direct Investing is a business name used by RBC Direct Investing Inc. RBC and Royal Bank are registered trademarks of Royal Bank of Canada. All RBC Direct Investing clients pay $9.95 flat CDN or U. per equity trade with no minimum account balance or trading activity required. This pricing only applies to trades placed through an available Automated Service (as such term is defined in RBC Direct Investing's Operation of Account Agreement), including the online investing site and mobile application. Ok, on October 16, I mailed in my application for a RBC Direct Investing RRSP account. On October 24, they sent me an email welcoming me and telling me I could use my account the next business day, October 25. It didn’t have an account number or a client card number, though, so I couldn’t do anything. Then on October 31, I received a client card in the mail. But without the account number I still couldn’t do anything. Finally today, November 1, I have received my Welcome Kit in the mail. It’s time to finally access my RBC Direct Investing account for the first time. For those of you who are trying to do the math, I finally have all the numbers I need to sign in 12 business days after I mailed in my application. Have your client card number and your account number handy. The First Time Sign in – Complete screen should state your password was accepted. To actually sign in to your account Click on the link: Proceed to sign into RBC Direct Investing Online. On the Sign in to RBC Direct Investing TM Online screen And you’re in! Time to start looking around the screen to see what’s where. I reported the email to RBC at: [email protected] Unfortunately, although the account is now set up I am still waiting. Fascinatingly enough, exactly after I set up my account, I received an email claiming to be from RBC asking me to click a link to Please Sign in to complete the verification process and ensure you fill in the required information. I am funding the account by transferring in funds from a RSP Investment Savings Account at ING Direct. I figure that they could not send my T2033 to ING until they assigned my account number on or about October 31. So it may be a few weeks before I can use one of my “free” trades. Rbc direct investing sign in rbc west mall Only at RBC Direct Investing – All clients get real-time streaming quotes for stocks and ETFs at no cost, with no exchange agreements to sign! Choose from a variety of registered and non-registered accounts to meet your needs. Invest for growth, security—or both— with investment choices designed to create a well-balanced portfolio. How do I access my RBC Direct Investing account through Online Banking? From your Account Balances page, under "Investments", select one of your RBC Direct Investing accounts. You may also select the "Go to site" link beside each of your RBC Direct Investing accounts. The RBC Rewards program is offered by the Royal Bank of Canada. The use of RBC Rewards points is subject to the RBC Rewards Terms & Conditions. You cannot earn RBC Rewards points through RBC Direct Investing (RBC DI). You may only use your points through RBC DI to: (1) pay for trade commissions on your eligible RBC DI accounts; or (2) transfer points to cash contributions to your eligible RBC DI accounts. It is your responsibility to make sure you have sufficient contribution room within your registered plan when transferring points to cash contributions to your registered accounts and/or when you use your RBC Rewards points to pay for trade commissions on a registered account. The Canada Revenue Agency may apply tax penalties for over-contributions. RBC Direct Investing is not responsible for any such penalties. and Royal Bank of Canada are separate corporate entities which are affiliated. is a wholly owned subsidiary of Royal Bank of Canada and is a Member of the Investment Industry Regulatory Organization of Canada and the Canadian Investor Protection Fund. RBC Mobile is operated by Royal Bank of Canada, RBC Direct Investing Inc. Royal Bank of Canada and certain of its issuers are related to RBC Direct Investing Inc. does not provide investment advice or recommendations regarding the purchase or sale of any securities. Investors are responsible for their own investment decisions. RBC Direct Investing is a business name used by RBC Direct Investing Inc. RBC and Royal Bank are registered trademarks of Royal Bank of Canada. A Registered Retirement Savings Plan (RRSP) is a personal savings plan registered with the Canadian federal government allowing you to save for the future on a tax-sheltered basis. What makes an RRSP special is that your contributions to it are tax deductible and your portfolio grows tax sheltered, which means it can grow faster. An RBC RRSP can hold a variety of investments, including Guaranteed Investment Certificates (GICs), mutual funds, portfolio solutions and savings deposits. You can also invest in stocks and bonds through RBC Direct Investing™ and RBC Dominion Securities Receipts for RRSP contributions made from March 2 to December 31 are mailed in late January; receipts for RRSP contributions made in the first 60 days of the year are mailed in mid-March. If you haven't received your tax slip or receipt within three weeks of the mailing date, please let us know by sending us a secure email through your Online Banking Message Centre, or by calling us at 1-800-463-3863. Some employers offer a Group RRSP, a collection of individual RRSPs for the company’s employees. As an employee, your RRSP contributions are taken from your pre-tax pay through payroll deductions, reducing your tax burden immediately. Interested in taking the lead on your retirement savings strategy? Check out RRSPs at RBC Direct Investing for a wide range of investments and innovative tools to help you build your portfolio. The #1 reason to contribute to an RRSP is to have another source of retirement income. While contributing to your RRSP over your working years, you receive an immediate tax benefit as the contributions are tax deductible. Your retirement savings then grows tax-sheltered within the plan. When you retire, you’ll have an income to draw on to supplement your other sources of income. Once you have opened an RRSP, you can make additional contributions online if you have RBC Online Banking access and an RBC Royal Bank chequing or savings account. , which lets you specify automatic contributions to your RRSP using funds from your RBC Royal Bank chequing or savings account. Try the RSP-Matic calculator to see the benefits of regular, ongoing contributions. While you can contribute to an RRSP at any time, to be eligible for an RRSP deduction in a specific tax year, you must make contributions during that calendar year or up to 60 days into the following year. To find out the exact amount you can contribute for the current year, check the most recent Notice of Assessment you received from the CRA. As a guideline, your allowable RRSP contribution for the current year is the lower of: If you make an RRSP contribution beyond your maximum allowable amount for a year, it is considered an over-contribution. There is a lifetime allowance of $2,000 for over-contributions. Generally, you will have to pay a penalty tax of 1% per month on excess contributions that exceed your RRSP deduction limit by more than $2,000. Although you can take money from your RRSP before you retire, it's not recommended because of the negative impact on your retirement plan— taxes on withdrawals are usually higher during your working years, plus you lose the contribution room used to make the original contribution. Withdrawals must be declared as income on your tax return at the end of the year and withholding tax will also be deducted from the amount you withdraw. If you decide you would like to withdraw from your RRSP, you can do so in several ways: Yes, you can use your RRSP funds to cover an emergency situation. However, there is a tax consequence to doing so and an impact on your retirement plan. Any withdrawal is considered taxable income for the year and a withholding tax will be deducted upfront when you withdraw the funds. RBC Funds are offered by RBC Global Asset Management 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. 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. Financial planning and investment advice are provided by RMFI. 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. 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.