Total management fee, operating expenses & taxes charged to a fund
What is a MER?
100
This type of return considers only the change in the investment's market value over a specific time period
What is time-weighted rate of return?
100
RBC's investment manager with industry leading management capabilities
What is Global Asset Management?
100
Purchases made with your RBC Royal Bank credit card are automatically protected against loss, theft or damage for up to 90 days from the date of purchase. This warranty also doubles the manufacturer's original Canadian warranty for up to one extra year.
What is Purchase Security and Extended Warranty Insurance?
100
A discount provided to clients on their banking based on products held with RBC
What is Multi-product rebate?
200
Fund companies pay ongoing fees to the firm for which an advisor works for
What is a trailing commission?
200
This type of return measures how the value of an investment has changed over time, considers the fund's performance along with the size & timing of cash flows
What is Money-weighted rate of return?
200
Portfolio manager for RBC's Select Portfolio Solutions
Who is Sarah Riopelle?
200
A travel card that lets you earn RBC Rewards points faster and enjoy travel rewards on any airline, anytime, with no blackout periods
What is the Visa Infinite Avion?
200
A discount you receive on your banking based on your age
What is the Seniors rebate?
300
The value activities that your advisor provides in exchange for the trailing commission
What is access, advice & service?
300
This type of return is calculation is more reflective of a client's individual performance
What is money weighted rate of return?
300
RBC owns the world's leading fixed income managers
Who is Blue Bay Asset Management?
300
You will not be liable for fraudulent charges, provided you take reasonable precautions to protect your PIN and your card, as set out in your RBC Credit Card Agreement
What is Zero Liability?
300
A bank account that offers higher interest if you are comfortable with online banking and do your banking at ATM's or online
What is the E-account?
400
A measure of a funds trading costs
What is a Trading Expense Ratio?
400
This type of return is best to measure an investment manager's decision making & performance
What is Time-weighted rate of Return?
400
Dan Chornous
Who is our Chief Investment Officer?
400
A credit card with no annual fee that allows you to earn 2% cash back credit on grocery store purcases and 1% cash back credit on all other purchases.
What is the RBC Cash Back MasterCard?
400
The devices that can be used to access flexible banking with RBC Mobile Banking
What are Blackberry, Iphone, Ipod touch, Ipad and Android smartphones
500
You do not pay a sales charge at the time of purchase but if you redeem your mutual fund earlier than the prescribed time limit you will pay a redemption fee to the fund company.
What is a back end load?
500
With this rate of return calculation cashflows are not factored into the calculation
What is time weighted return?
500
RBC owns one of the most respected institutional fixed income managers
Who is Phillips, Hager & North Investment Management?
500
You can assign a pre-set credit limit to each user. It's a convenient way to give older children, or caregivers, limited access to funds in cases of emergencies.
What is an Authorized user?
500
A convenient way to pay for online, telephone and mail order purchases with the payment debited directly from your RBC account