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 have 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
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
RBC Target Education Funds are made up of a portfolio of RBC Funds and feature an asset mix that evolves 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 education date approaches. The advantage is an investment that provides growth potential 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 erosion of capital.
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 or click on Invest Now for options on how to invest with us.