Another strong PAR Fund Performance for RBC Insurance
Submitted by Krishan on May 2, 2024 - 7:04am
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PDF version | | A net return of 10.86%1,2 | |
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| | | | RBC Growth Insurance & RBC Growth Insurance Plus | | Our investment strategy continues to prove itself yet again with a strong net return of 10.86%.1,2 With a par fund target of 50% in fixed funds, 50% in non‑fixed funds with 25% invested in commercial real estate, our allocation provides opportunity for capital growth, but it’s also intended to partially hedge inflation and interest rate risk. | | In addition, we recently announced the dividend scale interest rate increased from 6.0% to 6.25% from April 1st, 2024, to March 31st, 2025. This increase and the results of our Par Fund demonstrate the strength of our current investment strategy and prudent approach to risk management. | | | For more information on our long-term investment strategy and the composition of our par account, download the client facing brochure or speak to an RBC sales consultant. | | |
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| | | Privacy & Security | Legal | | 1 The par fund yield is net of investment expenses. | | 2 It is important to mention that while the return realized on the assets in the participating account influences how the dividend scale and dividends paid to policyholders are calculated, we apply a smoothing technique in order to amortize the yield fluctuations and promote stable long‑term growth. | | Underwritten by RBC Life Insurance Company.
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6880 Financial Drive
Mississauga, Ontario, L5N 7Y5
1-800-769-2568 | |
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