Search results
Results from the WOW.Com Content Network
RBC Dominion Securities was the brand used by Royal Bank of Canada for full service brokerage services, primarily in Canada, and formed part of RBC's Wealth Management and Capital Markets divisions. Today, RBC Dominion Securities is known as RBC Capital Markets [ 1 ] and RBC Wealth Management.
Some kinds of funds (e.g., cash funds) cost a lot less to run than others (e.g., diversified equity funds), but a good fund should do better – after fees – than any cash fund over the longer term. In general it seems that there is, at best, a positive correlation between the fees charged by a fund and the returns it provides to investors. [3]
RBC Global Asset Management UK, originally known as Royal Trust Global Investment Group, was founded in 1996. [ 5 ] Royal Bank of Canada agreed to acquire the company in October 2010, in a deal valued at £963 million ($1.54 billion), [ 6 ] completed on 17 December 2010.
They are also called 12b-1 fees after section 12 of the Investment Company Act of 1940. "Distribution fees" include fees to compensate brokers and others who sell fund shares and to pay for advertising, the printing and mailing of prospectuses to new investors, and the printing and mailing of sales literature.
RBC Capital Markets is a global investment bank providing services in banking, finance, and capital markets to corporations, institutional investors, asset managers, and governments globally. Locations span 58 offices in 14 countries [ 1 ] across North America, the UK, Europe, and the Asia-Pacific region.
CI Direct Trading, a division of CI Investment Services Inc., is an online brokerage firm that provides an electronic trading platform to trade financial assets. [1] The company is headquartered in Toronto , Canada and provides trade execution services for various financial instruments such as stocks , bonds, options, exchange-traded fund (ETF ...
It went on to buy Wise Speke, an investment manager operating in the North of England, in 1998 [9] and Popes, a firm based in Stoke-on-Trent, in 2002. [10] It then acquired Duncan Lawrie Asset Management, a firm operating in London, in December 2016 [ 11 ] and Investec Wealth Management, a firm operating in Ireland, in October 2019. [ 12 ]
Example: Taxpayer has a 30% combined federal-provincial marginal income tax rate and makes a $10,000 contribution to a registered account. Assume in this example that the taxpayer's marginal income tax rate is the same at time of withdrawal from the registered account as it was at the time of contribution: To TFSA: