One fund. One date. One goal.
Investing in a child’s future is a wonderful gift and a sound investment. Whether you’re investing inside or outside of a registered plan, we can help you find the right solution to meet your needs and ensure your child has sufficient funds to pay for post-secondary education.
A smart and easy way to save for a post–secondary education
The RBC Target Education Funds are an innovative approach to education savings. They are designed for those who are uncertain of the best way to invest for a child’s education or do not have the time to do it themselves. To start saving you simply select the Fund that is closest to your child’s target education date.
A portfolio designed to grow and then preserve capital
The asset mixes of the RBC Target Education Funds evolve over time, with a greater weighting in equities in the early years and a more conservative asset mix favouring fixed income investments as your child’s target date approaches. The advantage? You get investments that provide the potential for growth up front to help keep pace with the rising cost of education and, as the target date approaches, each fund becomes more conservative, reducing both volatility and the potential for negative returns. It isn’t only the amount of equities that decline with time. The Management Expense Ratio (MER) declines as well, from a highly competitive 1.95% in the early stages to 1.00% at the target date.
The RBC Target Education Funds make saving for your child’s education easy. To learn more about this easy and effective education savings solution, speak to your advisor.
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