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Easily Find, Buy and Sell Mutual Funds

Buy and sell money market, fixed-income, equity, balanced and other types of mutual funds

Make informed decisions with tools and research from Morningstar, Refinitiv and RBC

Get analyst-built lists of mutual funds with pre-defined screeners by Refinitiv or create your own filters

Hold mutual funds in a range of accounts, including a TFSA, FHSA, RRSP, cash or margin account

Pay $0 (clients receive a rebate in line with regulatory exemptions)

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Mutual Fund Pricing

Enjoy simple pricing and get analyst-built screeners, extensive research, in-depth learning resources and more:

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Buy or SwitchLegal Disclaimer footnote 1 Orders

1% of the gross trade amount (maximum $50 per trade, charged in the fund’s denomination currency)

Sell Orders

$0 commissionLegal Disclaimer footnote 2

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Mutual Funds FAQs

A mutual fund is a pool of investments in stocks, bonds or other securities funded by individual investors who own units of the fund. A mutual fund’s strategy may focus on a specific sector, region or asset class, or may invest in various asset classes. Because a mutual fund holds multiple investments, it may provide a degree of diversification.

Mutual funds are managed by portfolio managers who buy and sell the securities in the fund’s portfolio and monitor market conditions. Some funds are actively managed, meaning that the portfolio manager selects securities according to his or her investment philosophy and judgment in an attempt to outperform the market. Other funds, known as index funds, are passive investments that attempt to simply mirror a market index, such as the S&P/TSX Composite Index of Canadian stocks. In either case, the transaction and administration costs of the fund are spread among all of its investors.

Mutual funds are not listed for continuous trading and pricing on a stock exchange. Instead, mutual fund companies sell their own shares (or units) to investors and buy back their shares when investors redeem them. New shares may be issued if investor demand exceeds redemptions.

If you're thinking about investing in mutual funds, here are a few advantages to consider:

  • Built-in diversification: When you purchase a mutual fund, you're investing in a diversified portfolio of investments that can include stocks, bonds and cash. Diversification can reduce risk by spreading assets among various asset classes, geographic regions or industrial sectors.
  • Professional management: Actively managed mutual funds allow you to take advantage of professional investment management. The cost of the portfolio manager's expertise, called a Management Expense Ratio (MER), is shared by all the fund's investors.
  • Your choice of asset classes and fund types: Select from a wide range of mutual funds to fit your investment needs.

A trade commission of 1% of the gross trade amount (maximum $50 per trade, charged in the fund’s denomination currency) will be charged on all mutual fund buy or switchLegal Disclaimer footnote 1 orders. There is no commission for mutual fund sell ordersLegal Disclaimer footnote 2.

No, there is no commission on reinvested distributions.