RBC Model Portfolios

Multi-Product Model Portfolios

	Type of Portfolio
MULTI-PRODUCT For Portfolios of at least $25,000
				%		%		%		%		%		%
	RBC Canadian Money Market Fund /Savings			20		2		2.5		2.5		1.5		-
	Total Cash Equivalents*			20		2		2.5		2.5		1.5		-
Fixed Income
	RBC Royal Bank GICs			40		16		-		-		-		-
	RBC Canadian Short-Term Income Fund			40		33		25		-		-		-
	RBC Bond Fund			-		24		26		20		9		-
	RBC Global Bond Fund			-		-		-		9		-		-
	RBC Global Corporate Bond Fund			-		-		4		6		10.5		-
	Total Fixed Income			80		73		55		35		19.5		-
Canadian Equity Funds
	RBC Canadian Dividend Fund			-		5		4		-		-		-
	RBC Canadian Equity Fund			-		-		4		12		14		17
	RBC North American Value Fund†			-		6		9		5		-		-
	RBC North American Growth Fund†			-		-		-		5		14		22.5
	Total Canadian Equities			-		10		15		20		25		35
(Less RBC North American Value Fund and RBC North American Growth Fund U.S. Allocation)
U.S. & International Equity Funds
	RBC O'Shaughnessy U.S. Value Fund			-		-		5		6		-		-
	RBC U.S. Equity Fund			-		8		6		14		11.5		10
	RBC U.S. Mid-Cap Equity Fund			-		-		-		-		12.5		15
	Total U.S. Equities			-		9		15.5		26.5		32		36.5
(Includes RBC North American Value Fund, RBC North American Growth Fund and RBC Global Dividend Growth Fund‡ U.S. Allocation)
	RBC International Equity Fund			-		6		9		11		16		21.5
	RBC Global Dividend Growth Fund‡			-		-		5.5		9.5		11		14
	Total International Equities			-		6		12		16		22		28.5
(Less RBC Global Dividend Growth Fund‡ U.S. Allocation)
	Total Equities			-		25		42.6		62.6		79		100
	Total Portfolio			100		100		100		100		100		100

* The recommended cash equivalents are part of the overall asset allocation. In certain circumstances, investors may choose to hold additional cash for liquidity purposes. This additional cash may be excluded from the Recommendation Worksheet; allocate the client’s investable assets only.

† RBC North American Value Fund and RBC North American Growth Fund are assumed to have a 80/20 breakdown between Canadian and US holdings. As a result, these funds are included in more than one asset class (Canadian Equity Funds and North American Equity Funds) with the result that asset class totals may not be the same as the total for funds listed in each category.

‡ The RBC Global Dividend Growth Fund is assumed to have a 50/50 breakdown between North American and international equities.

The RBC Model Portfolios recommendations above, provided by RBC Asset Management Inc., are reviewed semi-annually and updated based upon the changing market outlook. Ongoing contact with a Royal Mutual Funds Inc. representative is recommended.

Mutual fund securities are not guaranteed nor 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. Royal RBC Funds Inc. is licensed as a financial services firm in the province of Quebec.