Commission-Free ETFs

Commission-free ETFs are exchange-traded funds that you can buy or sell without paying a trading commission. RBC Direct Investing offers over 50 commission-free ETFs in a variety of categories. They’re designed to give you a range of choices that you can match to your investing style and strategy. Commission-free ETFs give you access to diversified investing without paying any extra trading fees.

Yes. You can hold a wide variety of investments in a Tax-Free Savings Account (TFSA) including ETFs. All of the more than 50 commission-free ETFs offered by RBC Direct Investing are eligible to be invested in a TFSA.

The only difference between a commission-free ETF and a standard ETF is the trading fees. There are no trading fees (commissions) charged when you buy or sell a commission-free ETF, while buying a standard ETF may involve a commission. Both commission-free and standard ETFs are created and managed the same way. They follow an index or investment strategy and hold a basket of underlying assets.

Yes. You can easily create a recurring investment into one of four all-in-one commission-free ETFs in a GoSmart account from RBC Direct Investing. You can set one up in just a few minutes. If you’d rather invest in a different commission-free ETF on a recurring basis, you can create a Pre-Authorized Contribution (PAC). Once you have set up a PAC, funds are transferred from your RBC bank account into your RBC Direct Investing account and can be used to purchase commission-free ETFs on a schedule that you control.