  	  	   
                                                       
 <!DOCTYPE html>
<html lang="en-CA">
<head>
   
    <!-- https://www.rbcgam.com/en/en/ca/ -->
<!-- else -->
	
<script >
    //main-dataLayer
    window.dataLayer = window.dataLayer || [];

               let QueryParamsObj = {};
            for (let pair of new URLSearchParams(window.location.search)) {
                QueryParamsObj[pair[0]] = pair[1];
            }
                                                                       const requiredKeys = ['currency','date','region','sort','sortorder','strategy','tab','type'];

            requiredKeys.forEach(key => {
                if (!QueryParamsObj.hasOwnProperty(key)) {
                    QueryParamsObj[key] = undefined;
                }
            });

            
            window.dataLayer.push (Object.assign({
    'page_redirect': '',
    'page_country': 'ca',
    'page_region': 'na',
    'page_language': 'en',
    'page_channel': 'public',
    'page_category': '',
    'page_subcategory': null,
    'page_type': 'individualInvestor'
    }, QueryParamsObj))
            
                        
            // GOOGLE ANALYTICS 4
                    window.dataLayer.push({
            'page_country':'ca',
            'page_region':'na',
            'page_language':'en',
            'page_channel':'public',
                            'page_category': 'home',
                'page_subcategory':undefined,
                        'page_breadcrumb':'/en/ca/',
            'user_type':'individualInvestor',
            'page_LOB':'RBCGAM_3',
            'attribute_1':undefined ,
            'user_multiaccess':undefined ,
            'user_territory': ''? '': undefined,
            
                            'content_type': undefined,
                'content_name': undefined,
                        
                        
                                'publication':undefined,
                    'content_author':undefined,
                            
                'content_id':'31c092a8-c7e9-428a-a1aa-a367ff07f64a',
                
                                        'content_date':undefined,
                            
                'GAM_AdvisorId':undefined,
                'GAM_AdvisorTerritory':undefined,
                'GAM_DealerCode':undefined,
                'GAM_RoleID': undefined,
            
                        ...QueryParamsObj})
</script>    
    
    
        <meta charset="utf-8"/>
        <meta http-equiv="X-UA-Compatible" content="IE=edge"/>
        <meta http-equiv="Content-Type" content="text/html; charset=utf-8" />
        <meta name="viewport" content="width=device-width, initial-scale=1.0"/>
        <meta http-equiv="Content-Security-Policy"/>
        <meta http-equiv="Cache-Control" content="no-cache, no-store, must-revalidate"/>
        <meta http-equiv="Pragma" content="no-cache"/>
        <meta http-equiv="Expires" content="0"/>
        <!-- https://www.rbcgam.com/en/en/ca/ -->
<!-- else -->
	         <title>RBC Global Asset Management</title>
        <meta name="description" content="RBC GAM is an investment manager with industry-leading management capabilities providing a comprehensive range of domestic and global solutions."/>


        <meta property="og:type" content="website" />
<meta property="og:url" content="https://www.rbcgam.com/en/en/ca/" />
<meta property="og:title" content="RBC Global Asset Management"/>
<meta property="og:description" content="RBC GAM is an investment manager with industry-leading management capabilities providing a comprehensive range of domestic and global solutions." />
<meta property="og:site_name" content="RBC Global Asset Management" />
                                                                                                                                                                         <link rel="preconnect" crossorigin="crossorigin" href="https://cdn.rbcgam.com">
        <link rel="preconnect" crossorigin="crossorigin" href="https://www.googletagmanager.com">
        <link rel="preconnect" crossorigin="crossorigin" href="https://www.google-analytics.com">
        <link rel="preload" href="https://cdn.rbcgam.com/assets/fonts/roboto/roboto-v19-latin-regular.woff2" as="font" crossorigin="crossorigin" type="font/woff2">
        <link rel="preload" href="https://cdn.rbcgam.com/assets/fonts/roboto/roboto-v19-latin-500.woff2" as="font" crossorigin="crossorigin" type="font/woff2">
        <link rel="preload" href="https://cdn.rbcgam.com/assets/fonts/roboto/roboto-v19-latin-700.woff2" as="font" crossorigin="crossorigin" type="font/woff2">
        <link rel="preload" href="https://cdn.rbcgam.com/src/fonts/fa-regular-400.woff2" as="font" crossorigin="crossorigin" type="font/woff2">
        <link rel="preload" href="https://cdn.rbcgam.com/src/fonts/fa-solid-900.woff2" as="font" crossorigin="crossorigin" type="font/woff2">
        <link rel="preload" href="https://cdn.rbcgam.com/src/fonts/fa-brands-400.woff2" as="font" crossorigin="crossorigin" type="font/woff2">
        <link rel="preload" href="https://cdn.rbcgam.com/assets/css/bootstrap-grid.min.css" as="style">
        <link rel="preload" href="https://cdn.rbcgam.com/assets/css/roboto.min.css" as="style">
        <link rel="preload" href="https://cdn.rbcgam.com/dist/gam/gam.min.css" as="style">
        <link rel="preload" href="https://cdn.rbcgam.com/dist/wm/wm.min.js" as="script">
        <link rel="prefetch" href="https://cdn.rbcgam.com/dist/gam/charts/index.min.js" as="script">
        <link rel="preload" href="/application/themes/rbcgam/css/one-trust.css" as="style">
        <link rel="preload" href="/application/themes/rbcgam/css/main.css?v5" as="style">
        <link rel="preload" href="/application/themes/rbcgam/css/rbcgam-styles-enhancement" as="style">
        <link rel="preload" href="https://cdn.rbcgam.com/assets/fonts/rbc-display/rbcdisplay-regular-webfont.woff2" as="font" crossorigin="crossorigin" type="font/woff2">
        <link href="https://cdn.rbcgam.com/assets/css/bootstrap-grid.min.css" rel="stylesheet">
        <link href="https://cdn.rbcgam.com/assets/css/roboto.min.css" rel="stylesheet">
        <link rel="stylesheet" href="https://cdn.rbcgam.com/dist/gam/gam.min.css">
        <link rel="preload" href="https://cdn.rbcgam.com/assets/images/logos/rbc-gam-logo-en.svg" as="image">
        <link rel="stylesheet" href="/application/themes/rbcgam/css/main.css?v5">
        <link rel="stylesheet" href="/application/themes/rbcgam/css/one-trust.css">
        <link rel="stylesheet" href="/application/themes/rbcgam/css/rbcgam-styles-enhancement.css">

        
                                                                                                                                                  <link rel="preload" href="https://cdn.rbcgam.com/assets/js/vue.js" as="script">
                        <script src="https://cdn.rbcgam.com/assets/js/vue.js"></script>
                                                          <script src="https://cdn.rbcgam.com/dist/wm/wm.min.js"></script>
                                                <script>
                         
                var vueData = vueData || {};                 var vueComputed = vueComputed || {};                 var vueWatch = vueWatch || {};                 var vueMethods = vueMethods || {};                 var vueMounted = vueMounted || [];         </script>         
<!-- isForDiffSite: true -->

        
        <style>         
        
        #ot-sdk-btn.ot-sdk-show-settings, #ot-sdk-btn.optanon-show-settings {
            border: none !important; 
            padding: 0 !important;
            color: white !important;
            font-size: 0.875rem !important;
        }
        #ot-sdk-btn.ot-sdk-show-settings:hover, #ot-sdk-btn.optanon-show-settings:hover {
            background-color: transparent !important;
            border-bottom: 1px solid white !important;
        }
        
        .hero-content-aside {                 width: 100%;                 height: auto;         }         [v-cloak]{                 display: none;         }         </style> 
                                        
        <noscript>
                <style>
                        [v-cloak]{
                                display: block !important;
                        }
                        #raptorWrap {
                                display: none !important;
                                visibility: hidden !important;
                                height: 0px !important;
                                width: 0px !important;
                        }
                    
                </style>
        </noscript>
        <!-- R:  / upt = individualinvestor -->
        <!-- Google Tag Manager Data Layer -->
        
        
<script>
    async function loadOneTrustScript() {
      return new Promise((resolve, reject) => {
        const script = document.createElement("script");
        const env = window?.host_variable?.environment || "production";
        let scriptSrc = "https://cdn.cookielaw.org/consent/75c21a75-8c61-41b5-bbb4-220ec5be96cc/otSDKStub.js";
        if (env === "staging") {
          scriptSrc = "https://cdn.cookielaw.org/consent/75c21a75-8c61-41b5-bbb4-220ec5be96cc-test/otSDKStub.js";
        }
        script.src = scriptSrc;
        script.id = "onetrust-policy-sdk";
        script.type = "text/javascript";
        script.charset = "UTF-8";
        script.dataset.documentLanguage = "true";
        script.dataset.domainScript = scriptSrc.includes("-test")
          ? "75c21a75-8c61-41b5-bbb4-220ec5be96cc-test"
          : "75c21a75-8c61-41b5-bbb4-220ec5be96cc";
        script.onload = resolve;
        script.onerror = reject;
        document.body.appendChild(script);
      });
    }

    document.addEventListener("DOMContentLoaded", function() {
      const modalAlert = document.querySelector('[role="alertdialog"]');
      if (modalAlert) {
        modalAlert.setAttribute("role", "dialog");
      }
    });

    window.onload = async () => {
      try {
        await loadOneTrustScript();
        console.log("OneTrust script loaded successfully.");
      } catch (error) {
        console.error("Failed to load OneTrust script", error);
      }
    };

    document.addEventListener('keydown', (event) => {
      if (event.key === 'Escape' || event.keyCode === 27) {
        const modal = document.getElementById('onetrust-pc-sdk');
        if (modal && window.getComputedStyle(modal).display !== 'none') {
          const closeButton = document.getElementById('close-pc-btn-handler');
          if (closeButton) {
            document.getElementById('openCookieSettings').focus();
            closeButton.click();
          }
        }
      }
    });

    function setInertOnBackground() {
    const ids = ["main", "globalNavRoot", "footers", "footerDisclaimerRoot"];
    ids.forEach(id => {
        const el = document.getElementById(id);
        if (el) {
        el.setAttribute("inert", "");
        }
    });
    }

    function removeInertFromBackground() {
    const ids = ["main", "globalNavRoot", "footers", "footerDisclaimerRoot"];
    ids.forEach(id => {
        const el = document.getElementById(id);
        if (el) {
        el.removeAttribute("inert");
        }
    });
    }

    document.addEventListener("click", function(event) {
    const closeBtn = event.target.closest("#close-pc-btn-handler");
    const openCookieSettingsBtn = event.target.closest("#openCookieSettings");
        if (closeBtn) {
            removeInertFromBackground();
            document.getElementById('openCookieSettings').focus();
        } 
        if (openCookieSettingsBtn) {
            setInertOnBackground();
        }
    });
  </script>

<script type="text/javascript">
    function OptanonWrapper() { }
</script>

        <!-- Google Tag Manager version 4 -->
        <script>
                var dataLayer=window.dataLayer=window.dataLayer||[];dataLayer.push({"LOB":"RBCGAM_3"});
                (function(w,d,s,l,i){w[l]=w[l]||[];w[l].push({'gtm.start':new Date().getTime(),event:'gtm.js'});
                        var f=d.getElementsByTagName(s)[0],j=d.createElement(s),dl=l!='dataLayer'?'&l='+l:'';j.async=true;j.src='https://www.googletagmanager.com/gtm.js?id='+i+dl;f.parentNode.insertBefore(j,f);})(window,document,'script','dataLayer','GTM-P5P6H55');
        </script>
        <!-- End Google Tag Manager -->

</head>


<!-- 1 $URLMapContent.structure.name $URLMapContent.fundCompany.selectValue $URLMapContent.fundCompany -->
<body>
<noscript>
        <iframe src="https://www.googletagmanager.com/ns.html?id=GTM-P5P6H55" height="0" width="0" style="display:none;visibility:hidden"></iframe>
</noscript>
<!-- End Google Tag Manager (noscript) -->
<script>
        //frame busting - prevent clickjacking
        if (self == top) {
                document.getElementsByTagName('body')[0].style.display = "block";
        } else {
                top.location = self.location;
        }
</script>
<!-- Google Tag Manager (noscript) -->
     <main class="content-wrap" id="main">         <div id="app" v-cloak> 
        

 <aside>
<aside>
    <a class="skip-main" aria-label="Skip to cookie banner" href="#onetrust-policy-sdk">Skip to Cookie Banner</a>
    <a class="skip-main" aria-label="Skip to main content" href="#main">Skip to content</a>
    <a class="skip-main" aria-label="Skip to footer" href="#footers">Skip to footer</a>
</aside>
<div v-cloak>
<rbc-mega-menu
	ref="megamenu"
	:active-menu="activeMenuItem"
	:contrast-toggle="false"
	:links="nav.links"
	:flag-text="nav.flagText"
	:active-language="nav.currentLanguage"
	:languages="nav.languages"
	:secondary-links="nav.secondaryLinks"
	search-text="Search"
	search-placeholder="Enter search term and press enter to see all results"
	:show-search-results="searchResults.length > 0"
	:user-greeting="nav.userGreeting"
	:user-greeting-link="nav.userGreetingLink"
	:user-links="nav.userLinks"
	logo="https://cdn.rbcgam.com/assets/images/logos/rbc-gam-logo-en.svg"
	logo-link="/en/ca/"
	data-location="Main navigation"
	@languageupdated="toggleLanguage"
	@searchtermchanged="megaSearch"
	@searchsidenavsubmitted="mobileSearch"
	@keyup="megaSearchKeyUp"
	@voiceclicked="searchToggled"
>
	<div slot="nav.products">
		<div class="row">
  <div  key="nav.products.mutualfunds" class="col-md-3" > <span class="mega-menu-content-header"> 	Mutual funds </span>   <!-- navsec: <a href='/ca/products/mutual-funds' title='nav.products.mutualfunds'>nav.products.mutualfunds</a> -->
<ul class="mega-menu-content-items"> 	 	<!-- navsec2: <a href='/ca/products/mutual-funds/index' title='Mutual funds list'>Mutual funds list</a> -->
	 	 	<li  		key="Mutual funds list" 		class="mega-menu-content-item" 	> 		<a  			class="mega-menu-content-link" 			style="font-weight: 500;"  			href="/en/ca/products/mutual-funds/index" 			title="Mutual funds list" 		> 			Mutual funds list              		</a> 	</li> 	 	 	<!-- navsec2: <a href='/ca/products/mutual-funds/about' title='nav.products.aboutmutualfunds'>nav.products.aboutmutualfunds</a> -->
	 	 	<li  		key="nav.products.aboutmutualfunds" 		class="mega-menu-content-item" 	> 		<a  			class="mega-menu-content-link" 			  			href="/en/ca/products/mutual-funds/about/" 			title="About RBC mutual funds" 		> 			About RBC mutual funds              		</a> 	</li> 	 	 	<!-- navsec2: <a href='/ca/products/mutual-funds/rbc-fixed-income-pools' title='RBC Fixed Income Pools'>RBC Fixed Income Pools</a> -->
	 	 	<li  		key="RBC Fixed Income Pools" 		class="mega-menu-content-item" 	> 		<a  			class="mega-menu-content-link" 			  			href="/en/ca/products/mutual-funds/rbc-fixed-income-pools" 			title="RBC Fixed Income Pools" 		> 			RBC Fixed Income Pools              		</a> 	</li> 	 	 	<!-- navsec2: <a href='/ca/products/mutual-funds/rbc-portfolio-solutions' title='nav.products.rbcportfoliosolutions'>nav.products.rbcportfoliosolutions</a> -->
	 	 	<li  		key="nav.products.rbcportfoliosolutions" 		class="mega-menu-content-item" 	> 		<a  			class="mega-menu-content-link" 			  			href="/en/ca/products/mutual-funds/rbc-portfolio-solutions/" 			title="RBC Portfolio Solutions" 		> 			RBC Portfolio Solutions              		</a> 	</li> 	 	 	<!-- navsec2: <a href='/ca/products/mutual-funds/investment-recommendations' title='Investment recommendations'>Investment recommendations</a> -->
	 	 	 	<!-- navsec2: <a href='/ca/products/mutual-funds/rbc-investment-savings-account' title='RBC Investment Savings Account'>RBC Investment Savings Account</a> -->
	 	 	 	<!-- navsec2: <a href='https://rbcpcb.seismic.com/x5/doccenter.aspx#/doccenter/2b6046c0-9617-4155-8cde-220c18bf158e/main/%252Fdd88863eb4-9454-4142-bdcb-2ffbaa38787d%252Fddfb1c85fc-df84-44ae-8a2b-f6dbf02df156%252Fdd87874b32-5f1b-46ed-88db-1d261b9c5130/grid/title' title='RBC Investment Advantage'>RBC Investment Advantage</a> -->
	 	 	 	<!-- navsec2: <a href='/ca/products/mutual-funds/rbc-indigo-funds' title='RBC Indigo Funds'>RBC Indigo Funds</a> -->
	 	 	 </ul>  </div>    <div  key="nav.products.etfs" class="col-md-3" > <span class="mega-menu-content-header"> 	ETFs </span>   <!-- navsec: <a href='/ca/products/etfs' title='nav.products.etfs'>nav.products.etfs</a> -->
<ul class="mega-menu-content-items"> 	 	<!-- navsec2: <a href='/ca/products/etfs/index' title='ETFs list'>ETFs list</a> -->
	 	 	<li  		key="ETFs list" 		class="mega-menu-content-item" 	> 		<a  			class="mega-menu-content-link" 			style="font-weight: 500;"  			href="/en/ca/products/etfs/index" 			title="ETFs list" 		> 			ETFs list              		</a> 	</li> 	 	 	<!-- navsec2: <a href='/ca/products/etfs/rbc-ishares' title='About RBC iShares ETFs'>About RBC iShares ETFs</a> -->
	 	 	<li  		key="About RBC iShares ETFs" 		class="mega-menu-content-item" 	> 		<a  			class="mega-menu-content-link" 			  			href="/en/ca/products/etfs/rbc-ishares" 			title="About RBC iShares ETFs" 		> 			About RBC iShares ETFs              		</a> 	</li> 	 	 	<!-- navsec2: <a href='/ca/products/etfs/etf-investment-strategies' title='nav.products.etfinvestmentstrategies'>nav.products.etfinvestmentstrategies</a> -->
	 	 	<li  		key="nav.products.etfinvestmentstrategies" 		class="mega-menu-content-item" 	> 		<a  			class="mega-menu-content-link" 			  			href="/en/ca/products/etfs/etf-investment-strategies/" 			title="ETF investment strategies" 		> 			ETF investment strategies              		</a> 	</li> 	 	 </ul>  </div>    <div  key="nav.products.alternativeinvestments" class="col-md-3" > <span class="mega-menu-content-header"> 	Alternative investments </span>   <!-- navsec: <a href='/ca/products/alternative-investments' title='nav.products.alternativeinvestments'>nav.products.alternativeinvestments</a> -->
<ul class="mega-menu-content-items"> 	 	<!-- navsec2: <a href='/ca/products/alternative-investments/index' title='Alternative investments list'>Alternative investments list</a> -->
	 	 	<li  		key="Alternative investments list" 		class="mega-menu-content-item" 	> 		<a  			class="mega-menu-content-link" 			style="font-weight: 500;"  			href="/en/ca/products/alternative-investments/index" 			title="Alternative investments list" 		> 			Alternative investments list              		</a> 	</li> 	 	 	<!-- navsec2: <a href='/ca/products/alternative-investments/about' title='nav.products.aboutalternativeinvestments'>nav.products.aboutalternativeinvestments</a> -->
	 	 	<li  		key="nav.products.aboutalternativeinvestments" 		class="mega-menu-content-item" 	> 		<a  			class="mega-menu-content-link" 			  			href="/en/ca/products/alternative-investments/about/" 			title="About RBC alternative investments" 		> 			About RBC alternative investments              		</a> 	</li> 	 	 </ul>  </div>   								</div>
															</div>
	<div slot="nav.learnplan">
		<div class="row">
  <div  key="nav.learnplan.typesofinvestments" class="col-md-3" > <span class="mega-menu-content-header"> 	Types of investments </span>   <!-- navsec: <a href='/ca/learn-plan/types-of-investments' title='nav.learnplan.typesofinvestments'>nav.learnplan.typesofinvestments</a> -->
<ul class="mega-menu-content-items"> 	 	<!-- navsec2: <a href='/ca/learn-plan/types-of-investments/mutual-funds' title='nav.learnplan.whataremutualfunds'>nav.learnplan.whataremutualfunds</a> -->
	 	 	<li  		key="nav.learnplan.whataremutualfunds" 		class="mega-menu-content-item" 	> 		<a  			class="mega-menu-content-link" 			  			href="/en/ca/learn-plan/types-of-investments/mutual-funds/" 			title="All about mutual funds" 		> 			All about mutual funds              		</a> 	</li> 	 	 	<!-- navsec2: <a href='/ca/learn-plan/types-of-investments/etfs' title='nav.learnplan.whatareetfs'>nav.learnplan.whatareetfs</a> -->
	 	 	<li  		key="nav.learnplan.whatareetfs" 		class="mega-menu-content-item" 	> 		<a  			class="mega-menu-content-link" 			  			href="/en/ca/learn-plan/types-of-investments/etfs/" 			title="ETF Learning Centre" 		> 			ETF Learning Centre              		</a> 	</li> 	 	 </ul>  </div>    	   		  		 		 		 		<div class="col"> <rbc-media-card  	card  	:articles="[{id: 'Retirement resource centre', 	name: 'Retirement resource centre', 	link: '/en/ca/learn-plan/retirement-resources', 	title: 'Retirement resource centre', 	summary: 'Your one-stop retirement resource centre. Learn about all phases of the retirement journey -- from starting early to living in retirement.', 	}]"  	columns="1" 	class="h-100" ></rbc-media-card> 		</div> 		 	    	   		  		 		 		 		<div class="col"> <rbc-media-card  	card  	:articles="[{id: 'Investment basics', 	name: 'Investment basics', 	link: '/en/ca/learn-plan/investment-basics', 	title: 'Investment basics', 	summary: 'Learn about the basic principles of investing to make smarter decisions about your money.', 	}]"  	columns="1" 	class="h-100" ></rbc-media-card> 		</div> 		 	    	   		  		 		 		 		<div class="col"> <rbc-media-card  	card  	:articles="[{id: 'Investment strategies', 	name: 'Investment strategies', 	link: '/en/ca/learn-plan/investment-strategies', 	title: 'Investment strategies', 	summary: 'Learn strategies to help you identify your goals and gain a deeper understanding of the investing world.', 	}]"  	columns="1" 	class="h-100" ></rbc-media-card> 		</div> 		 	     								</div>
																						<div class="text-right mt-1">
			<a class="link-chev" href="/en/ca/learn-plan/index">
				View all learn & plan articles
			</a>
		</div>
			</div>
	<div slot="nav.aboutus">
		<div class="row">
  	   		  		 		 		 		<div class="col"> <rbc-media-card  	card  	:articles="[{id: 'Our story', 	name: 'Our story', 	link: '/en/ca/about-us/our-story', 	title: 'Our story', 	summary: '', 	}]"  	columns="1" 	class="h-100" ></rbc-media-card> 		</div> 		 	    	   		  		 		 		 		<div class="col"> <rbc-media-card  	card  	:articles="[{id: 'Responsible investment', 	name: 'Responsible investment', 	link: '/en/ca/about-us/ri', 	title: 'Responsible investment', 	summary: '', 	}]"  	columns="1" 	class="h-100" ></rbc-media-card> 		</div> 		 	    	   		  		 		 		 		<div class="col"> <rbc-media-card  	card  	:articles="[{id: 'Our teams', 	name: 'Our teams', 	link: '/en/ca/about-us/our-teams', 	title: 'Our teams', 	summary: '', 	}]"  	columns="1" 	class="h-100" ></rbc-media-card> 		</div> 		 	    	   		  		 		 		 		<div class="col"> <rbc-media-card  	card  	:articles="[{id: 'RBC iShares', 	name: 'RBC iShares', 	link: '/en/ca/about-us/about-rbc-ishares', 	title: 'RBC iShares', 	summary: '', 	}]"  	columns="1" 	class="h-100" ></rbc-media-card> 		</div> 		 	    	   		  		 		 		 		<div class="col"> <rbc-media-card  	card  	:articles="[{id: 'Leadership', 	name: 'Leadership', 	link: '/en/ca/about-us/leadership', 	title: 'Leadership', 	summary: '', 	}]"  	columns="1" 	class="h-100" ></rbc-media-card> 		</div> 		 	   								</div>
																							</div>
	<div slot="search-results" data-location="Mega search">
			    <table class="table table-border-horizontal mega-menu-search-results-item table-hover">
	        <tbody>
				<tr v-for="(r, i) in searchResults" @click.prevent="megaSearchResultClick(r, $event)">
					<td :class="{'b-blue-tint-5': i == searchResultsActive}" class="px-0"><rbc-tag class="mx-0 nowrap" size="small" v-text="(r.type == 'mf')? 'Mutual fund' : 'ETF'"></rbc-tag></td>
										<td :class="{'b-blue-tint-5': i == searchResultsActive}"><a :href="(r.type == 'mf')? '/en/ca/products/mutual-funds/' + r.fundCode + '/detail/' : '/en/ca/products/etfs/' + r.fundCode + '/detail/'">{{r.fundCode}}</a></td>
					<td :class="{'b-blue-tint-5': i == searchResultsActive}"><a :href="(r.type == 'mf')? '/en/ca/products/mutual-funds/' + r.fundCode + '/detail/' : '/en/ca/products/etfs/' + r.fundCode + '/detail/'">{{r.fundName}}</a></td>
					<td :class="{'b-blue-tint-5': i == searchResultsActive}" v-html="r.series">{{r.series}}</td>
					<td :class="{'b-blue-tint-5': i == searchResultsActive}" v-html="r.assetClass">{{r.assetClass}}</td>
									</tr>
			</tbody>
	    </table>
	    <ul class="list-links">
	        <li class="mega-menu-search-results-item">
	            <component :is="searchTerm != ''? 'a': 'span'" :href="searchAllLink" class="link-chev">See all results</component>
	        </li>
	        <li class="mega-menu-search-results-item">
	            <component :is="searchTerm != ''? 'a': 'span'" :href="searchProductLink" class="link-chev">See results in Products</component>
	        </li>
	        <li class="mega-menu-search-results-item">
	        	<component :is="searchTerm != ''? 'a': 'span'" :href="searchInsightLink" class="link-chev">See results in Insights</component>
	        </li>
	    </ul>
	</div>
</rbc-mega-menu>
</div>
<div v-cloak>
	<rbc-modal
		:active="isharesModalIsActive"
		button-cancel="Close"
		button-size="medium"
		class="ishares"
		@toggle="isharesModalIsActive = false"
	>
		<div 
			slot="header"
			class="w-100 d-flex justify-content-between"
		>
			<img src="/_assets/images/logos/rbc-ishares-logo.svg" alt="RBC iShares" class="ishares-logo">
			<button 
				aria-label="Close"
				class="modal-close"
				@click="isharesModalIsActive = false"
			>
				<rbc-icon
					role="presentation"
					icon="times"
				/>
			</button>
		</div>
		<h2 class="h3">
			Welcome to the new RBC iShares digital experience.
		</h2>
		<p class="mt-1">
			Find all things ETFs here: <a href="/en/ca/products/etfs/etf-investment-strategies/">investment strategies</a>, <a href="/en/ca/products/etfs/">products</a>, <a href="/en/ca/insights/etf-insights">insights</a> and more.
		</p>

	</rbc-modal>
</div>         
  <script type="application/javascript">
console.log("USER PERSONA TAG --- individualinvestor");
console.log("VISITOR PERSONA TAG --- Individual Investor")
</script>
          
          <rbc-hero  		 		class="hero-home" 	data-location="Hero banner" 	:border="false" 	 	 	 	:card="false" 	card-position="left" 	 	category-color="sky" 	:center="false"  	cta-link="/en/ca/article/2025-canadian-election/detail"  	 	cta-text="Read more"  		:full-width="false" 		image="/contentAsset/image/508ae89542362e1796222e672fe8b80d/fileAsset/filter/Resize,Jpeg/resize_w/1680/jpeg_q/86/" 	 	:image-bottom="false" 	subtitle="Takeaways from Chief Economist Eric Lascelles." 	 	title="2025 Canadian Election" 	energy-lines-image="/_assets/images/infographics/energy-lines-white.svg" 	v-cloak > 	 </rbc-hero>  <div class="container px-0">  	  </div> 
<rbc-style>
    .hero-subtitle{
        width: 80%;
    }
                    
    .hero-energy-lines {
        width: 70%;
        right: -10;
        bottom: -15;
    }
    
    @media (max-width: 575.98px) {
        .hero-energy-lines {
            background-size: 200% auto;
            width: 100%;
        }
    }
</rbc-style>                                                         <div class="content-body">  	  	   
                                                       
 	     	 
<link rel="stylesheet" href="/application/themes/rbcgam/css/media-types.css" />


																																					<rbc-block
	title="Recent insights"
	    	text=""
    	description=""
					cta-link="/en/ca/insights/"
		 cta-text="View all insights"		footer-cta-link=""
		footer-cta-text=""
			footer-cta-button
			data-location="Recent insights"
>
	<rbc-media-card
	        heading-tag="h3"
			:card="true"
			:divider="false"
			:links-align-start="false"
			layout="stacked-vertical"
					:articles="[

       {&quot;summary&quot;:&quot;Reflecting on the past month, Jeremy Richardson discusses how the ongoing debate over trade policy and tariffs continues to create uncertainty in equity markets.&quot;,&quot;image&quot;:&quot;/contentAsset/image/3e199924-a6c2-4e44-bd28-41fcb4e627ef/fileAsset/filter/Resize,Jpeg/resize_w/410/jpeg_q/89&quot;,&quot;footerByline&quot;:&quot;&lt;br&gt;May 5, 2025&lt;br&gt;4 minutes, 58 seconds to watch&quot;,&quot;link&quot;:&quot;/en/ca/article/global-equity-investor-insight-may-2025/detail&quot;,&quot;colored&quot;:null,&quot;html&quot;:&quot;&lt;div class=\&quot;media-watch\&quot;&gt;&lt;\/div&gt;&quot;,&quot;id&quot;:&quot;dbb9711e191d479825e2f9281d2946b9&quot;,&quot;footerAuthors&quot;:[{&quot;name&quot;:&quot;J.Richardson&quot;,&quot;image&quot;:&quot;/contentAsset/image/e728c53a-93d5-4e62-b5d3-64c25f8f4d32/fileAsset/filter/Resize,Jpeg/resize_w/120/jpeg_q/85&quot;}],&quot;title&quot;:&quot;Global Equity Investor insight | May 2025&quot;,&quot;category&quot;:&quot;Current Perspectives&quot;,&quot;footerLink&quot;:false}
	,

                                                                        
       {&quot;summary&quot;:&quot;How years of constant fixed income ETF innovation are empowering investors to navigate today&amp;rsquo;s markets and build portfolios for the new era.&quot;,&quot;image&quot;:&quot;/contentAsset/image/d5fb0cfb-bbab-474b-9617-cd052a39bbb2/fileAsset/filter/Gamma,Resize,Jpeg/gamma_g/1.0/resize_w/410/jpeg_q/89&quot;,&quot;footerByline&quot;:&quot;May 5, 2025&lt;br&gt;2 minutes to read&quot;,&quot;link&quot;:&quot;/en/ca/article/innovation-meets-opportunity/detail&quot;,&quot;colored&quot;:null,&quot;html&quot;:&quot;&lt;div class=\&quot;media-read\&quot;&gt;&lt;\/div&gt;&quot;,&quot;id&quot;:&quot;0679eba54eae70993f4edb4fcb791f85&quot;,&quot;title&quot;:&quot;Innovation meets opportunity&quot;,&quot;category&quot;:&quot;ETF insights&quot;,&quot;footerLink&quot;:false,&quot;target&quot;:&quot;_self&quot;}
	,

       {&quot;summary&quot;:&quot;Join Chief Economist Eric Lascelles as he examines the ongoing challenges and opportunities in the global economic landscape, with a particular emphasis on trade policy developments and their implications for the Canadian economy.&quot;,&quot;image&quot;:&quot;/contentAsset/image/d0143dd0-34a1-43d0-a0bd-205f532d2d36/fileAsset/filter/Resize,Jpeg/resize_w/410/jpeg_q/89&quot;,&quot;footerByline&quot;:&quot;&lt;br&gt;May 2, 2025&lt;br&gt;35 minutes, 32 seconds to watch&quot;,&quot;link&quot;:&quot;/en/ca/article/economic-webcast-may-2025/detail&quot;,&quot;colored&quot;:null,&quot;html&quot;:&quot;&lt;div class=\&quot;media-watch\&quot;&gt;&lt;\/div&gt;&quot;,&quot;id&quot;:&quot;97860ca2b88772f84320c969f035a8fb&quot;,&quot;footerAuthors&quot;:[{&quot;name&quot;:&quot;E.Lascelles&quot;,&quot;image&quot;:&quot;/contentAsset/image/36a63cf1-290c-465a-91b3-78ab1630524e/fileAsset/filter/Resize,Jpeg/resize_w/120/jpeg_q/85&quot;}],&quot;title&quot;:&quot;Economic Webcast - May 2025&quot;,&quot;category&quot;:&quot;ECONOMIC WEBCAST&quot;,&quot;footerLink&quot;:false}
	]"
							columns="3"
					></rbc-media-card>
	</rbc-block>
  	  	   
                                                       
				  	                              			        	<rbc-block
										title="Stay informed"
										footer-cta-link=""		footer-cta-text=""				footer-cta-align="left"
				class="pt-0 None"
		columns="12"
				disclaimer-trigger-label="Disclosure"
		data-location="Homepage - Stay Informed - 3rd position"
	>
		<rbc-media-card
heading-tag="h3"
links-align-start
    :articles="[
        {
            link: '/en/ca/insights/economic-webcast',
            linkText: 'Watch now',
            summary: 'Monthly presentation on the global economic outlook, from Chief Economist Eric Lascelles.',
            title: 'Economic webcast'
        },
        {
            link: '/en/ca/insights/podcasts/',
            linkText: 'Listen now',
            summary: 'Views on recent market events from our investment experts and portfolio managers, hosted by Dave Richardson.',
            title: 'The Download podcast'
        },
        {
        html: '<h3>What’s trending</h3>' +
        '<ul class=&quot;list-links-chev list-divider&quot;>' +
        '<li class=&quot;list-links-chev-item&quot;><a href=&quot;/en/ca/learn-plan/types-of-investments/mutual-fund-investing-common-questions-for-tax-season/detail&quot; class=&quot;link-chev list-links-chev-link list-divider-item&quot;>Common questions about taxes in non-registered accounts</a></li>' +
        '<li class=&quot;list-links-chev-item&quot;><a href=&quot;/en/ca/learn-plan/investment-basics/investing-at-all-time-highs/detail&quot; class=&quot;link-chev list-links-chev-link list-divider-item&quot;>Investing at all-time highs</a></li>' +
        '<li class=&quot;list-links-chev-item&quot;><a href=&quot;/en/ca/learn-plan/types-of-investments/how-do-mutual-fund-distributions-and-taxes-work/detail&quot; class=&quot;link-chev list-links-chev-link list-divider-item&quot;>How do mutual fund distributions and taxes work?</a></li>' +
        '<li class=&quot;list-links-chev-item&quot;><a href=&quot;/en/ca/learn-plan/retirement-resources/rrsp-vs-tfsa/detail&quot; class=&quot;link-chev list-links-chev-link list-divider-item&quot;>RRSPs vs. TFSAs</a></li>' +
        '</ul>'
      }
      ]"
    columns="3"
    card
></rbc-media-card>
		 		 	</rbc-block>
       	  	   
                                                       
				  	                              			      	 		  		 	  	<rbc-block
						grey				title="Why invest with us?"
										footer-cta-link=""		footer-cta-text=""				footer-cta-align="left"
				class=" None"
		columns="12"
				disclaimer-trigger-label="Disclosure"
		data-location="Homepage - Individual Investor - 5 icons row ( IN STAGING )"
	>
		<p>We are driven by five core pillars to deliver exceptional investment outcomes and valued insights to clients. <a href="/en/ca/about-us/our-story" icon="" class="media-card-footer-link media-card-cta-link"><span>Discover our full story</span></a></p>

<div id="caption-blocks" class="row text-md-center justify-content-between mt-1">
    <div class="col-sm-6 col-md section-block-spacer-sm">
        <div class="d-flex d-md-block">
            <div class="d-flex d-md-block flex-grow-0 flex-md-grow-1 mb-md-1">
                <rbc-caption class="d-md-inline-flex d-block" avatar-size="xxlarge"
                    image="/_assets/images/icons/client_first.svg?language_id=1" class="" :circle="false"></rbc-caption>
            </div>
            <div class="pl-1 pl-md-0 pt-half pt-md-0">
                <h3>Client first</h3>
                <div class="caption">
                    <p>We put our clients&rsquo; interests first</p>
                </div>
            </div>
        </div>
    </div>
    <div  class="col-sm-6 col-md section-block-spacer-sm">
        <div class="d-flex d-md-block">
            <div class="d-flex d-md-block flex-grow-0 flex-md-grow-1 mb-md-1">
                <rbc-caption class="d-md-inline-flex d-block" avatar-size="xxlarge"
                    image="/_assets/images/icons/culture_of_excellence.svg?language_id=1" class="" :circle="false"></rbc-caption>
            </div>
            <div class="pl-1 pl-md-0 pt-half pt-md-0">
                <h3>A culture of excellence</h3>
                <div class="caption">
                    <p><span>We foster a strong culture of collaboration and diversity</span></p>
                </div>
            </div>
        </div>
    </div>
    <div class="col-sm-6 col-md section-block-spacer-sm">
        <div class="d-flex d-md-block">
            <div class="d-flex d-md-block flex-grow-0 flex-md-grow-1 mb-md-1">
                <rbc-caption class="d-md-inline-flex d-block" avatar-size="xxlarge"
                    image="/_assets/images/icons/global_expertise.svg?language_id=1" class="" :circle="false"></rbc-caption>
            </div>
            <div class="pl-1 pl-md-0 pt-half pt-md-0">
                <h3>Global expertise</h3>
                <div class="caption">
                    <p><span>We offer expansive global capabilities and a diversified breadth of investment
                            solutions</span></p>
                </div>
            </div>
        </div>
    </div>
    <div class="col-sm-6 col-md section-block-spacer-sm">
        <div class="d-flex d-md-block">
            <div class="d-flex d-md-block flex-grow-0 flex-md-grow-1 mb-md-1">
                <rbc-caption class="d-md-inline-flex d-block" avatar-size="xxlarge"
                    image="/_assets/images/icons/responsible_investment.svg?language_id=1" class="" :circle="false"></rbc-caption>
            </div>
            <div class="pl-1 pl-md-0 pt-half pt-md-0">
                <h3>Responsible Investment</h3>
                <div class="caption">
                    <p>We are an active, engaged and responsible investor</p>
                </div>
            </div>
        </div>
    </div>
    <div class="col-sm-6 col-md section-block-spacer-sm">
        <div class="d-flex d-md-block">
            <div class="d-flex d-md-block flex-grow-0 flex-md-grow-1 mb-md-1">
                <rbc-caption class="d-md-inline-flex d-block" avatar-size="xxlarge"
                    image="/_assets/images/icons/human_machine.svg?language_id=1" class="b-sun" :circle="false"></rbc-caption>
            </div>
            <div class="pl-1 pl-md-0 pt-half pt-md-0">
                <h3>Power of human + machine</h3>
                <div class="caption">
                    <p><span>We embrace innovation and harness the power of human and machine</span></p>
                </div>
            </div>
        </div>
    </div>
</div>
		 		 	</rbc-block>
       	  	   
                                                       
				  	                              			      	 		  		 	  	<rbc-block
										title="Solutions for your long-term investment needs"
										footer-cta-link=""		footer-cta-text=""				footer-cta-align="left"
				class=" None"
		columns="12"
				disclaimer-trigger-label="Disclosure"
		data-location="Homepage - Individual Investor - 3rd position"
	>
		<rbc-media-card
heading-tag="h3"
links-align-start
    :articles="
    [{
      
      link: '/en/ca/products/mutual-funds/rbc-portfolio-solutions/rbc-select-portfolios',
      linkText: 'RBC Select Portfolios',
      imageSecondary: '/_assets/images/icons/scale-dollar.svg',
      summary: 'We provide options across five investor profiles that are actively monitored and regularly rebalanced to keep you on track even as markets change',
      
      title: 'Balancing risk and return'
      },{
      link: '/en/ca/products/mutual-funds/rbc-portfolio-solutions/rbc-retirement-portfolios',
      linkText: 'RBC Retirement Portfolios',
      imageSecondary: '/_assets/images/icons/map-pins.svg',
      summary: 'Whether you are ready to retire soon or already retired, discover solutions to help take you to - and through - your retirement as your needs evolve.',
      title: 'Saving for retirement'
      },{
      link: '/en/ca/products/mutual-funds/rbc-portfolio-solutions/rbc-global-portfolios',
      linkText: 'RBC Global Portfolios',
      imageSecondary: '/_assets/images/icons/currency-exchange.svg',
      summary: 'We bring together strong global equity and global fixed income capabilities in an easy solution to help you access markets across the world',
      
      title: 'Finding global opportunities'
      },{
      link: '/en/ca/products/mutual-funds/rbc-portfolio-solutions/rbc-target-education-funds',
      linkText: 'RBC Target Education Funds',
      imageSecondary: '/_assets/images/icons/graduation-cap.svg',
      summary: 'We offer a simple way to help ensure your child has sufficient funds to pay for post-secondary education.',
      
      title: 'Investing for a child\'s education?'
      },{
      link: '/en/ca/products/etfs/etf-investment-strategies/index',
      linkText: 'Explore our ETF strategies',
      imageSecondary: '/_assets/images/logos/rbc-ishares-logo.svg',
      target: '_self',
      summary: 'Learn how RBC iShares exchange traded funds (ETFs) can help you build a foundation for your portfolio with a variety of investment strategies that help meet your long-term investment goals.',
      title: 'ETF investment strategies'
      },
      {
        html: '<h3>See all our products</h3>' +
        '<ul class=&quot;list-links-chev list-divider&quot;>' +
        '<li class=&quot;list-links-chev-item&quot;><a href=&quot;/en/ca/products/mutual-funds/&quot; class=&quot;link-chev list-links-chev-link list-divider-item&quot;>Mutual funds</a></li>' +
        '<li class=&quot;list-links-chev-item&quot;><a href=&quot;/en/ca/products/etfs/index?tab=overview&quot; class=&quot;link-chev list-links-chev-link list-divider-item&quot;>ETFs</a></li>' +
        '<li class=&quot;list-links-chev-item&quot;><a href=&quot;/en/ca/products/alternative-investments&quot; class=&quot;link-chev list-links-chev-link list-divider-item&quot;>Alternative investments</a></li>' +
        '</ul>'
      }]"
    columns="3"
    card
></rbc-media-card>
		 		 	</rbc-block>
       	  	   
                                                       
				  	                              			        	<rbc-block
						grey				title="Educational resources"
										footer-cta-link=""		footer-cta-text=""				footer-cta-align="left"
				class=" None"
		columns="12"
				disclaimer-trigger-label="Disclosure"
		data-location="Educational resources module - homepage (5 icons)"
	>
		<!--<p>We are driven by five core pillars to deliver exceptional investment outcomes and valued insights to clients. <a href="/en/ca/about-us/our-story" icon="" class="media-card-footer-link media-card-cta-link"><span>Discover our full story</span></a></p>-->

<div id="caption-blocks" class="row text-md-center justify-content-between mt-1">
    <div class="col-sm-6 col-md section-block-spacer-sm">
        <div class="d-flex d-md-block">
            <div class="d-flex d-md-block flex-grow-0 flex-md-grow-1 mb-md-1">
                <rbc-caption class="d-md-inline-flex d-block" avatar-size="xxlarge"
                    image="/_assets/images/icons/Investment-basics.svg" class="" :circle="false"></rbc-caption>
            </div>
            <div class="pl-1 pl-md-0 pt-half pt-md-0">
                <h3>Investment basics</h3>
                <div class="caption">
                    <p><a href="/en/ca/learn-plan/investment-basics" icon="" class="media-card-footer-link media-card-cta-link">Learn more</a></p>
                </div>
            </div>
        </div>
    </div>
    <div  class="col-sm-6 col-md section-block-spacer-sm">
        <div class="d-flex d-md-block">
            <div class="d-flex d-md-block flex-grow-0 flex-md-grow-1 mb-md-1">
                <rbc-caption class="d-md-inline-flex d-block" avatar-size="xxlarge"
                    image="/_assets/images/icons/learning-centre.svg" class="" :circle="false"></rbc-caption>
            </div>
            <div class="pl-1 pl-md-0 pt-half pt-md-0">
                <h3>Mutual funds learning centre</h3>
                <div class="caption">
                    <p><a href="/en/ca/learn-plan/types-of-investments/mutual-funds/" icon="" class="media-card-footer-link media-card-cta-link">Learn more</a></p>
                </div>
            </div>
        </div>
    </div>
    <div class="col-sm-6 col-md section-block-spacer-sm">
        <div class="d-flex d-md-block">
            <div class="d-flex d-md-block flex-grow-0 flex-md-grow-1 mb-md-1">
                <rbc-caption class="d-md-inline-flex d-block" avatar-size="xxlarge"
                    image="/_assets/images/icons/investment-strategies.svg" class="" :circle="false"></rbc-caption>
            </div>
            <div class="pl-1 pl-md-0 pt-half pt-md-0">
                <h3>Investment strategies</h3>
                <div class="caption">
                    <p><a href="/en/ca/learn-plan/investment-strategies" icon="" class="media-card-footer-link media-card-cta-link">Learn more</a></p>
                </div>
            </div>
        </div>
    </div>
    <div class="col-sm-6 col-md section-block-spacer-sm">
        <div class="d-flex d-md-block">
            <div class="d-flex d-md-block flex-grow-0 flex-md-grow-1 mb-md-1">
                <rbc-caption class="d-md-inline-flex d-block" avatar-size="xxlarge"
                    image="/_assets/images/icons/retirement-resources.svg" class="" :circle="false"></rbc-caption>
            </div>
            <div class="pl-1 pl-md-0 pt-half pt-md-0">
                <h3>Retirement resources</h3>
                <div class="caption">
                    <p><a href="/en/ca/learn-plan/retirement-resources" icon="" class="media-card-footer-link media-card-cta-link">Learn more</a></p>
                </div>
            </div>
        </div>
    </div>
    <div class="col-sm-6 col-md section-block-spacer-sm">
        <div class="d-flex d-md-block">
            <div class="d-flex d-md-block flex-grow-0 flex-md-grow-1 mb-md-1">
                <rbc-caption class="d-md-inline-flex d-block" avatar-size="xxlarge"
                    image="/_assets/images/icons/education.svg" class="b-sun" :circle="false"></rbc-caption>
            </div>
            <div class="pl-1 pl-md-0 pt-half pt-md-0">
                <h3>ETF learning centre</h3>
                <div class="caption">
                    <p><a href="/en/ca/learn-plan/investment-basics" icon="" class="media-card-footer-link media-card-cta-link">Learn more</a></p>
                </div>
            </div>
        </div>
    </div>
</div>
		 		 	</rbc-block>
       	  	   
                                                       
      	<rbc-block
								title="Advisor resources"
		description=""
		footer-cta-button		footer-cta-link="/en/okta-login?url=/en/ca/"
				footer-cta-text="Register / Login"
				class=" None"
		columns="12"
				disclaimer-trigger-label="Disclosure"
		data-location="Advisor Resources - Highlight - Homepage"
	>
		<div class="row justify-content-center text-md-center mt-4">
		 		  		 					<div class="col-md-5 col-lg-4 section-block-spacer-sm">
				<div class="d-flex d-md-block ">
					 					<div class="d-flex d-md-block flex-grow-0 flex-md-grow-1 mb-md-1">
						<rbc-caption
							class="d-md-inline-flex d-block"
							avatar-size="xxlarge"
                                                            link="https://www.rbcgam.com/en/ca/tools/"
                            															image="/_assets/images/icons/GAM-tools.svg"
								class="img-circle-icon-white"
								:circle="false"													></rbc-caption>
					</div>
					 					<div class="pl-1 pl-md-0 pt-half pt-md-0">
						 						 						 						<div class="caption">
							<h3><a href="https://www.rbcgam.com/en/ca/tools/" target="_blank">Access exclusive tools</a></h3>
<p>Access useful digital tools to support your business and manage client accounts</p>
						</div>
						 					</div>
				</div>
			</div>
					<div class="col-md-5 col-lg-4 section-block-spacer-sm">
				<div class="d-flex d-md-block ">
					 					<div class="d-flex d-md-block flex-grow-0 flex-md-grow-1 mb-md-1">
						<rbc-caption
							class="d-md-inline-flex d-block"
							avatar-size="xxlarge"
                                                            link="http://www.rbcgam.com/en/ca/advisor-support/resources/events/"
                            															image="/_assets/images/icons/GAM-events (2).svg"
								class="img-circle-icon-white"
								:circle="false"													></rbc-caption>
					</div>
					 					<div class="pl-1 pl-md-0 pt-half pt-md-0">
						 						 						 						<div class="caption">
							<h3><a href="/en/ca/advisor-support/resources/events/" target="_blank">Advisor-only events</a></h3>
<p>Join events featuring portfolio managers and investment experts from around the world</p>
						</div>
						 					</div>
				</div>
			</div>
					<div class="col-md-5 col-lg-4 section-block-spacer-sm">
				<div class="d-flex d-md-block ">
					 					<div class="d-flex d-md-block flex-grow-0 flex-md-grow-1 mb-md-1">
						<rbc-caption
							class="d-md-inline-flex d-block"
							avatar-size="xxlarge"
                                                            link="https://login.rbcgam.rbc.com/app/rbcgam-auth_rbcgam_1/exk1o1eoa4n37FOZ91d8/sso/saml?lang=en"
                            															image="/_assets/images/icons/GAM-content (2).svg"
								class="img-circle-icon-white"
								:circle="false"													></rbc-caption>
					</div>
					 					<div class="pl-1 pl-md-0 pt-half pt-md-0">
						 						 						 						<div class="caption">
							<h3><a href="https://login.rbcgam.rbc.com/app/rbcgam-auth_rbcgam_1/exk1o1eoa4n37FOZ91d8/sso/saml?lang=en" target="_blank">Client-friendly content</a></h3>
<p>Browse library of content designed to help investors maintain discipline in any market condition</p>
						</div>
						 					</div>
				</div>
			</div>
		 		</div>
         		 	</rbc-block>
     </div>       <rbc-block role="complementary" id="disclaimer" v-cloak flush grey class="py-1" style="border-top: 1px #b3b3b3 solid;">
	<rbc-expandable arrow arrow-position="left">
		<div slot="trigger">
			<h2 class="h5">Disclosure</h2>
		</div>
		Please consult your advisor and read the prospectus or Fund Facts document before investing. There may be commissions, trailing commissions, management fees and expenses associated with mutual fund investments. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. RBC Funds, BlueBay Funds and PH&N Funds are offered by RBC Global Asset Management Inc. and distributed through authorized dealers.
			</rbc-expandable>
</rbc-block>
<footer v-cloak id="footers" class="footer style-focus-inverted"><div class="footer-top" data-location="Footer menu"><div class="container"><div class="row"><h2 class="sr-only">Footer</h2>
<div class="col-lg-3 col-md-6"><h3 class="footer-header">Products
</h3><ul class="list-links footer-list"><li><a href="/en/ca/products/mutual-funds/" >Mutual funds</a></li><li><a href="/en/ca/products/etfs/index" >RBC iShares ETFs</a></li><li><a href="/en/ca/products/alternative-investments/" >Alternative investments</a></li></ul></div><div class="col-lg-3 col-md-6"><h3 class="footer-header">Investor information
</h3><ul class="list-links footer-list"><li><a href="/en/ca/products/mutual-funds/?tab=documents&fundfacts=true" >Fund facts (mutual funds)</a></li><li><a href="/en/ca/products/etfs/index?tab=documents&fundfacts=true" >Fund facts (RBC iShares ETFs)</a></li><li><a href="/en/ca/products/pfic-reporting" >PFIC reporting</a></li><li><a href="/en/ca/products/financial-reports-prospectuses" >Regulatory documents</a></li><li><a href="/en/ca/products/fund-governance/" >Fund governance</a></li><li><a href="/en/ca/products/proxy-voting/" >Proxy voting</a></li><li><a href="/en/ca/products/unclaimed-property" >Unclaimed property</a></li><li><a href="/en/ca/products/important-investor-information" >Important investor information</a></li></ul></div><div class="col-lg-3 col-md-6"><h3 class="footer-header">About RBC GAM</h3><ul class="list-links footer-list"><li><a href="/en/global/corporate-story/" >Our story</a></li><li><a href="/en/ca/about-us/news-releases" >Media centre</a></li><li><a href="/en/ca/about-us/contact-us" >Contact us</a></li><li><a href="https://jobs.rbc.com/ca/en" target="_blank" class="link-ext">Careers</a></li></ul></div><div class="col-lg-3 col-md-6"><h3 class="footer-header">Investing
</h3><ul class="list-links footer-list"><li><a href="/en/ca/about-us/ready-to-invest" >Ready to invest?</a></li></ul></div>	</div></div></div><div class="footer-bottom" data-location="Footer copyright"><div class="container"><div class="row"><div class="col-lg-9 mb-lg-0 mb-1"><span class="d-block">
<sup>®</sup> / <sup>TM</sup> Trademark(s) of Royal Bank of Canada. Used under licence. iSHARES is a registered trademark of BlackRock, Inc., or its subsidiaries in the United States and elsewhere. Used under licence. © 2025 RBC Global Asset Management Inc. and BlackRock Asset Management Canada Limited. All rights reserved.
</span>
<ul class="list-separator footer-list-separator mt-half">
         <li>        <a href="https://www.rbc.com/privacysecurity/" target="_blank" class="link-ext">Privacy & security</a>    </li>              <li>        <a href="https://www.rbc.com/legal/" target="_blank" class="link-ext">Legal</a>    </li>              <li>        <a href="http://www.rbc.com/accessibility/" target="_blank" class="link-ext">Accessibility</a>    </li>              <li>        <a href="/en/ca/terms-and-conditions" >Terms and conditions</a>    </li>                         <li>            <!-- OneTrust Cookies Settings button start -->
        <a aria-label="Advertising & Cookies" id="openCookieSettings" role="button" tabindex="0" onclick="openCookieSettings(event);">Advertising & Cookies</a>            <!-- OneTrust Cookies Settings button end --> 
        </li>                      <li>        <a href="https://www.rbc.com/" target="_blank" class="link-ext">About RBC</a>    </li>     </ul></div><div class="col-lg-3 mt-lg-0 mt-2 d-flex align-items-center justify-content-end"><ul class="list-inline footer-social-list">
<li class="footer-social-item"><a  href="https://twitter.com/rbcgamnews"  target="_blank" class="footer-social-link"rel="noreferrer"aria-label="Twitter"
><svg class="icon x-twitter-icon" aria-label="twitter" xmlns="http://www.w3.org/2000/svg" height="18" width="18" viewBox="0 0 470 470">
    		    <path class="x-twitter-path" fill="#fff" d="M389.2 48h70.6L305.6 224.2 487 464H345L233.7 318.6 106.5 464H35.8L200.7 275.5 26.8 48H172.4L272.9 180.9 389.2 48zM364.4 421.8h39.1L151.1 88h-42L364.4 421.8z"/>
            </svg></a></li>
<li class="footer-social-item"><a href="https://linkedin.com/company/rbc-global-asset-management" target="_blank" class="footer-social-link"rel="noreferrer"><rbc-icon icon="linkedin-in"></rbc-icon></a></li></ul><rbc-button outline
link="#"size="small" color="white">Back to top</rbc-button></div></div></div></div></footer><div v-if="raptors" v-cloak id="raptorWrap" style="z-index: 999999999" aria-hidden="true"> <div id="chompOverlay"></div><svg id="raptor" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 500 800"> <g id="tail" style="transform-origin: 190px 510px"> <path class="f-warm-red" d="M218.42 439.5s-90.22 28.15-132.08.65c-38.08-25.03-39.61-63.65-58.63-60.86S13.3 466.14 54.64 508.94s113.12 55.49 155.78 65.56z"/> <path class="f-dark-grey" d="M115.46 515.25l30.93 38.2-42.72-16.82 11.79-21.38zM82.09 497.83c.54 2.6 8.03 32.15 8.03 32.15l-23.49-15.41zM55.42 473.62l.2 27-17.81-20.64 17.61-6.36zM41.18 444.12l-7.1 24.46-10.07-29.01 17.17 4.55zM34.18 410.4L23.9 426.07l-1.72-21.28 11.99 5.63z"/> </g> <g id="legLeft" style="transform-origin: 265px 495px"> <path class="f-grey-light-tint-3" d="M326.13 667.83a10.88 10.88 0 0 1 9.45 4.7c2.26 3.28 6.81 9.97 15.84 9.97 20 0 27-5 42 3 14.32 7.64 14.26 29.46 10.02 43.58-3.26 10.88-9.88 15.06-12.75 16.4a5.76 5.76 0 0 1-2.44.55h-141.6a5.69 5.69 0 0 1-4.6-2.36c-1.89-2.59-3.63-11.17-3.63-24.17a358.12 358.12 0 0 1 2.28-41.94 7.26 7.26 0 0 1 6.88-6.27z"/> <path class="f-warm-red-dark-1" d="M243.28 750.5h150.28a2.24 2.24 0 0 0 1.88-2.47l.98-4.06a2.24 2.24 0 0 0-1.88-2.47H242.3a2.24 2.24 0 0 0-1.88 2.47l.98 4.06a2.24 2.24 0 0 0 1.88 2.47z"/> <rect class="f-warm-red-dark-1" x="332.44" y="674.92" width="13" height="25.38" rx="3.81" ry="3.81" transform="rotate(-152.95 338.94 687.6)"/> <rect class="f-warm-red-dark-1" x="353.26" y="679.49" width="13" height="24.93" rx="3.81" ry="3.81" transform="rotate(-176.16 359.76 691.96)"/> <path class="f-warm-red-dark-1" d="M330.75 623.9v49.43s-5.25 14.6-49.33 16.17c-28 1-36.77-12-36.77-12l-2.87-55z"/> <path class="f-grey-light-tint-3" d="M321.28 485.18l13.7 140.14s-12.7 7.06-49.42 7.06-45.19-7.06-45.19-7.06l4.24-135.94z"/> <path class="f-warm-red-dark" d="M285.56 622.5c31.97 0 45.73-4.92 48.76-6.2l.66 9.02s-12.7 7.06-49.42 7.06-45.19-7.06-45.19-7.06l.35-9.08c1.9 1.14 12.2 6.26 44.84 6.26z"/> </g> <g id="legRight" style="transform-origin: 265px 495px"> <path class="f-grey-light-tint-2" d="M255.13 682.83a10.88 10.88 0 0 1 9.45 4.7c2.26 3.28 6.81 9.97 15.84 9.97 20 0 27-5 42 3 14.32 7.64 14.26 29.46 10.02 43.58-3.26 10.88-9.88 15.06-12.75 16.4a5.76 5.76 0 0 1-2.44.55h-141.6a5.69 5.69 0 0 1-4.6-2.36c-1.89-2.59-3.63-11.17-3.63-24.17a358.12 358.12 0 0 1 2.28-41.94 7.26 7.26 0 0 1 6.88-6.27z"/> <path class="f-warm-red-dark" d="M172.28 765.5h150.28a2.24 2.24 0 0 0 1.88-2.47l.98-4.06a2.24 2.24 0 0 0-1.88-2.47H171.3a2.24 2.24 0 0 0-1.88 2.47l.98 4.06a2.24 2.24 0 0 0 1.88 2.47z"/> <rect class="f-warm-red-dark" x="261.44" y="689.92" width="13" height="25.38" rx="3.81" ry="3.81" transform="rotate(-152.95 267.94 702.6)"/> <rect class="f-warm-red-dark" x="282.26" y="694.49" width="13" height="24.93" rx="3.81" ry="3.81" transform="scale(-1) rotate(3.84 21111.35 -8622.34)"/> <path class="f-warm-red-dark" d="M259.75 638.9v49.43s-5.25 14.6-49.33 16.17c-28 1-36.77-12-36.77-12l-2.87-55z"/> <path class="f-grey-light-tint-2" d="M250.28 500.18l13.7 140.14s-12.7 7.06-49.42 7.06-45.19-7.06-45.19-7.06l4.24-135.94z"/> <path class="f-warm-red-tint-1" d="M177.42 642.5h51l-5-146h-43l-3 146z"/> <path class="f-warm-red" d="M214.56 637.5c31.97 0 45.73-4.92 48.76-6.2l.66 9.02s-12.7 7.06-49.42 7.06-45.19-7.06-45.19-7.06l.35-9.08c1.9 1.14 12.2 6.26 44.84 6.26z"/> <circle class="f-grey-light-tint-2" cx="202.92" cy="613" r="17.5"/> </g> <g id="jersey"> <path class="f-grey-light-tint-2" d="M338.07 510.97s-28.15 15.64-71.48 17.69c-54.65 2.58-102.26-13.49-102.26-13.49s-5.37-151.01 7.21-173.67c13.88-25 23.57-35 61.88-35 35.42 0 80.33 43.1 80.33 43.1s12.53-3.68 16.21 50.11c3.58 52.32 8.1 111.26 8.1 111.26z"/> <path class="s-dark-grey" d="M338.07 504.34s-28.15 15.64-71.48 17.69c-54.65 2.58-102.26-13.49-102.26-13.49"/> <path class="s-dark-grey" d="M338.07 496.97s-28.15 15.64-71.48 17.69c-54.65 2.58-102.26-13.49-102.26-13.49"/> <path class="f-warm-red-tint-1" d="M189.42 501.74V382a29.5 29.5 0 0 1 59 0v126.87a318.99 318.99 0 0 1-59-7.13z"/> </g> <path id="neck" class="f-warm-red-dark-1" d="M314.49 308.34c.62 1.24 2.55 40.04.59 50.63a2.42 2.42 0 0 1-3.46 1.73c-12.63-6.29-41.34-28.78-89.97-38.36-22.45-4.42-25.8-7.37-25.8-14.73s-10.31-36.11-10.31-36.11z"/> <g id="head" style="transform-origin: 270px 300px"> <g id="headBottom" style="transform-origin: 175px 230px"> <path class="f-grey-light-tint-3" d="M440.92 279s2-11-2-20-7-12-10-12-5 7-7 13c-2.02 6.07-7 15-7 15zM467.08 283s1.36-11-1.36-20-4.75-12-6.79-12-3.4 7-4.75 13a143.74 143.74 0 0 1-4.76 15zM478.25 281a112.54 112.54 0 0 0-.68-20c-1.36-9-2.38-12-3.4-12s-1.7 7-2.37 13c-.69 6.07-2.38 15-2.38 15zM404.3 273.04s6.76-8.9 7.27-18.74-.81-13.87-3.49-15.23-7.62 3.98-12.12 8.43c-4.56 4.5-13.04 10.2-13.04 10.2zM374.89 254.9s5.26-9.93 3.37-19.85-4.34-13.75-7.64-14.7-7.44 5.12-11.3 10.25c-3.93 5.18-11.88 12.17-11.88 12.17zM331.91 238.52s2.3-8.95-2.26-16.27-8-9.78-11.43-9.78-5.73 5.69-8.02 10.56c-2.32 4.94-8.02 12.2-8.02 12.2z"/> <path class="f-warm-red-dark" d="M117.47 223.6s-1.3 36.4 22.5 61.4 83.83 28 110.5 30 90.5 18 111.45 27 49.54 5 69.54-6 42.24-31.68 46.68-37c6.66-8 4.76-25 0-26s-28.58 0-49.54-4-34.52-21.07-58.1-28c-23.82-7-36.06-13.8-70.5-10-18.1 2-57.15-12-92.4-30z"/> </g> <g id="headTop" style="transform-origin: 175px 230px"> <path class="f-warm-red-dark" d="M450.92 95s-2-14-15-17-33.34-2-46.67 8.5l37.67 2.5z"/> <path class="f-grey-light-tint-3" d="M410.38 157.85s5.29 9.85 4.25 19.65-2.97 13.57-5.82 14.5-6.91-5.13-10.66-10.22c-3.8-5.16-11.28-12.12-11.28-12.12zM438.12 147.04s4.92 9.13 3.92 18.23-2.82 12.62-5.5 13.48-6.46-4.73-9.96-9.45c-3.54-4.78-10.53-11.22-10.53-11.22zM458.17 134.45s5.98 7.17 7.4 15.12.86 11.22-.99 12.33-6.1-3.19-9.92-6.77a103.72 103.72 0 0 0-10.78-8.2zM469.32 130.36s5.4 7.52 7.97 14.78 2.88 10 1.9 10.6-4.65-4.06-7.9-7.98c-3.28-3.97-8.76-9.41-8.76-9.41zM378.63 172.06s5.8 7.86 5.41 16.63-2.03 12.39-4.76 13.64-7.07-3.45-11.06-7.36c-4.04-3.95-11.78-8.93-11.78-8.93zM348.23 189.56s5.24 6.65 4.4 14.44-2.62 11.08-5.35 12.33-6.72-2.69-10.41-5.94c-3.73-3.3-11.04-7.3-11.04-7.3z"/> <path class="f-warm-red" d="M180.94 111c-5.72 11-27.63 16-36.2 27s-31.44 58-26.67 93 100.02-3 120.02-4 80.02-12 93.35-20 103.92-49.71 119.07-57c22.86-11 33.34-19 19.05-44-13.2-23.09-34.29-19-42.86-22s-20-2-26.67 0-48.58 13-61.92 12-16.2 2-29.53-5-41.91-11-64.77-7-55.5 12.82-62.87 27z"/> <path class="f-warm-red-dark" d="M426.92 112c-7 6-12.04 11-23 10-8.27-.75-23.33-6.03-30.3-8.6a.57.57 0 0 0-.53 1c5.91 4.36 18.84 13.35 27.83 15.6 10.85 2.71 19.48 3.52 27-4 5-5 5.12-19.25-1-14z"/> <path class="f-dark-grey" d="M339.42 95.5c1.42 2.83-24 18-30 18-5.06 0-7.99-9.97-11.78-14.88a1.73 1.73 0 0 1 1.08-2.74c4.88-.88 14.04-2.38 19.7-2.38 8 0 20 0 21 2z"/> <g> <path class="f-warm-red-dark" d="M268.5 135.67a14 14 0 0 0-.15-14.2c-4.45-7.6-23.09-12.86-37.28-11.61-10.94.96-27.22 9.04-34.73 21.14-4.65 7.48-8.57 15.39-9.6 20.86-1.02 5.37 10.92-.12 15.28-1.26 4.23-1.1 66.49-14.93 66.49-14.93z"/> <path class="f-white" d="M269.77 139.26c3.2-6.56-13.47-20.25-27.94-23.7s-30.03 5.14-37.15 14.82-7.03 20.27-4.53 25.26c1.8 3.58 15.59-4.98 33.61-7.58s34.83-6.38 36-8.8z"/> <path class="f-dark-grey" d="M223.39 138.9a6.62 6.62 0 1 0-.15-13.25 6.79 6.79 0 0 0-4.46 1.73 46.31 46.31 0 0 1 1.58-9.27c6.62-2.96 14.18-4.28 21.47-2.54.7.16 1.42.36 2.14.58-2.15 2.92-5.89 7.33-5.82 13.7.05 4.33 1.65 12.3 2.71 17.12-2.32.38-4.7.75-7.1 1.1-.77.1-1.54.23-2.3.36a20.56 20.56 0 0 1-10.84-10.09 6.82 6.82 0 0 0 2.77.56z"/> <path class="f-warm-red-tint-1" d="M216.82 102.05s23.65-7.81 46.7 3.42a.55.55 0 0 1-.35 1.03c-8.7-1.9-29.45-5.38-45.1.34-13.46 4.91-23.19 14.53-28.22 20.47a.54.54 0 0 1-.88-.64c4.46-7.53 13.83-20.33 27.85-24.62z"/> <ellipse class="f-white-30" cx="230.35" cy="137.1" rx="4.77" ry="6.88"/> </g> </g> </g> <g id="armRight" style="transform-origin: 200px 375px"> <path class="f-warm-red" d="M209.86 341.5c-49.37 0-34.55 48.72-32.43 76.63 1.29 16.9 4.55 40.78 7.37 63.37s-8.5 37.51-5.9 51.58c3.7 19.9 23.28 25.79 33.17 25.79 16.94 0 38.28-9.31 39.79-21.37 1.47-11.79-5.16-28.74-1.48-32.42 4.48-4.48 16.18-2.06 15.48-15.47-.7-13.38-16.95-16.95-31.69-14 0 0-2.76-37.22 1.48-62.64 2.82-16.94 18.42-71.47-25.8-71.47z"/> <path class="s-warm-red-dark" d="M228.5 556.04c-.23-2.3 7.15-9.64 0-28.46M202.24 557.1s-5.23-18.66.05-30.65"/> </g> </svg><svg id="ball" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 130 130"> <circle class="f-dark-grey" cy="65" cx="65" r="63"/> <path class="ball" d="M9.93 30.52a63.16 63.16 0 0 1 16.76-3.68c21.39-1.95 35.56-3.72 42.12-5.26a28.96 28.96 0 0 0 14.7-8.08A51.94 51.94 0 0 0 49.6 1.86 65.2 65.2 0 0 0 9.92 30.52zM99.96 27.24a129.3 129.3 0 0 1 14.27-4.6A65.34 65.34 0 0 0 92.23 6a39.83 39.83 0 0 1-4.45 7.21 73.52 73.52 0 0 1 12.18 14.03z"/> <path class="ball" d="M9.11 98.14c3.28-7.7 11.6-21.88 31.94-37C68.9 40.43 87.63 32.36 97.09 28.42a71.08 71.08 0 0 0-11.26-12.95 31.81 31.81 0 0 1-16.33 9.05c-6.8 1.6-20.7 3.34-42.53 5.33A55.6 55.6 0 0 0 7.4 34.94a64.8 64.8 0 0 0 1.71 63.2zM101.65 29.82a119.24 119.24 0 0 1 8 14.7c7.63-1.79 14.03 1.34 18.42 4.79a64.79 64.79 0 0 0-11.72-24.1 133.8 133.8 0 0 0-14.7 4.6zM62.32.07a56.01 56.01 0 0 1 23.12 11.18 36.58 36.58 0 0 0 4.02-6.46A64.63 64.63 0 0 0 65 0c-.9 0-1.79.03-2.68.07zM116.42 104.7a64.69 64.69 0 0 0 12.66-50.53c-3.54-3.63-10.01-8.49-18.2-6.83a95.04 95.04 0 0 1 7.64 43.6 83.7 83.7 0 0 1-2.1 13.76z"/> <path class="ball" d="M107.96 48.2c-8.67 3.52-18.34 22.29-26.88 38.88-5.67 11.02-11.03 21.44-16.04 27.62a385.4 385.4 0 0 1-12.2 14.14 64.77 64.77 0 0 0 58.83-18.67 77.6 77.6 0 0 0 3.85-19.6c.72-10.5-.34-25.34-7.56-42.36z"/> <path class="ball" d="M78.4 85.7c9.17-17.83 18.65-36.24 28.34-40.26a116.62 116.62 0 0 0-7.94-14.46c-9.16 3.8-27.84 11.68-55.95 32.59-21.66 16.1-29.28 31.28-31.72 37.76a65.2 65.2 0 0 0 38.31 26.77 399.6 399.6 0 0 0 13.25-15.3c4.81-5.94 10.1-16.22 15.7-27.1z"/> </svg><svg id="net" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 246 225"> <path class="net-string" d="M138.22 54.74l-.13.15h.31l-.18-.15z"/> <path class="net-string" d="M148.29 213.56l17.64-21.93 28.98 32.42-.4-8.34c-.03-.49-2.37-48.8-2.37-79.15 0-32.4.92-57.67 12.81-87.68C216.82 18.93 238.78 7.95 239 7.85l-2.6-5.32c-.88.43-19.71 9.86-32.75 34.97l-34.03 39.1-20.49-25.47 8.05-44.83-5.82-1.04-8.13 45.28-21.9 22.94-21.9-22.94-8.12-45.28-5.83 1.04 8.05 44.83-20.5 25.47-34.02-39.1C25.97 12.4 7.14 2.96 6.25 2.53L3.66 7.85c.22.1 22.18 11.08 34.05 41.03 11.9 30.01 12.81 55.27 12.81 87.68 0 30.34-2.34 78.66-2.36 79.15l-.41 8.34 28.98-32.42 19.36 24.22 2.16-1.53 23.08-24.72 23.08 24.72 1.38 1.53zM185.9 106.3l-18.8 21.35-16.93-19.69 19.26-22.13zm.43 43.73L171 132.17l15.51-17.61a834.21 834.21 0 0 0-.17 35.46zm-81.82 10.52l16.81-18.82 16.81 18.82-16.81 19.1zm37.84-52.61l-21.03 24.16-21.03-24.16 21.03-24.46zm-24.67 28.99l-17.11 19.14-21.08-23.93 16.9-19.66zm7.28 0l21.29-24.45 16.9 19.66-21.08 23.93zm20.82-80.5l19.88 24.72-19.39 22.28-21.49-25zm-48.92 0l21 22-21.5 25L77 81.14zm-23.65 29.4l19.26 22.13-16.93 19.7-18.8-21.36zm-17.07 28.74l15.5 17.61-15.33 17.85a834.22 834.22 0 0 0-.17-35.46zm-10-59.83l23.12 26.56-14.04 17.45a179.22 179.22 0 0 0-9.07-44.01zm8.3 152.95c.41-9.4 1.07-25.52 1.52-41.87l17 21.14zm2.82-49.69l18.34-21.33 21 23.85-19.64 21.97zm39.56 49.18l-16.1-20.01 19.81-22.18 17.32 19.67zm49 0l-21.03-22.52 17.32-19.67 19.81 22.18zm19.86-24.69l-19.63-21.97 21-23.85 18.33 21.33zm4 4.47l17-21.14c.45 16.35 1.11 32.47 1.52 41.87zm17.74-88.21l-14.04-17.45 23.11-26.56a179.22 179.22 0 0 0-9.07 44z"/> <path class="net-string" d="M104.44 54.74l-.18.15h.3l-.12-.15z"/> <rect class="net-rim" y=".95" width="246" height="16" rx="8" ry="8"/> </svg></div>         </div>     </main> <script>
    vueData.displayLoadMore = true;
    vueData.dynamicArticles = [
            ];

                vueData.displayLoadMore = (vueData.dynamicArticles.length >= 5);
            vueData.insightsPage = 2;
    vueData.themeTest = `wm2`;
    vueMethods.loadMoreArticles = function(e){
        var _self = this;
        fetch('/api/vtl/load-more-insights?languageId=1&page=' + _self.insightsPage
                + '&featuredIds='
                                        + '&exclude=fixedIncomeInsights'
            )
        .then(function(r){ return r.json(); })
        .then(function(data) {
            if (data.insights.length > 0){
                data.insights.forEach(function(el){
                    _self.dynamicArticles.push(el);
                });
                                    vueData.displayLoadMore = (data.insights.length >= 5);
                                
                if(_self.themeTest === "wm3") {
                    _self.dynamicArticles.forEach(item => {
                      if(item.hasOwnProperty('summary')) {
                         item.text = item.summary;
                         delete item.summary;
                        }
                    })
                }
                
            }
            else{
                _self.displayLoadMore = false;
            }
            _self.insightsPage++;
        })
    };
</script>
<script type="application/javascript">
// console.log('1')
    vueMounted.push(function (_self) {
        // console.log('BREADCRUMB', _self.breadcrumb.map(item => item.text).join('/'));
        for (item of _self.$children) {
            if (item._props !== undefined && item._props.breadcrumb) {
                // console.log('ITEM:', item._props.breadcrumb.map(item => item.text).join('/'));
                for(let i = 0; i <= window.dataLayer.length; i++) {
                    if (window.dataLayer[i] !== undefined && window.dataLayer[i].hasOwnProperty('page_breadcrumb')) {
                        window.dataLayer[i].page_breadcrumb = item._props.breadcrumb.map(item => item.text).join('/');
                    }
                }    
            }
            
        }
        
        
        // PASTE DELETED CODE HERE  
        
    });
    
    
    window.addEventListener('load', function() {
        for(let i = 0; i <= window.dataLayer.length; i++) {
            if (window.dataLayer[i] !== undefined && window.dataLayer[i].hasOwnProperty('page_breadcrumb')) {
                const url = new URL(window.location.href);
                const params = new URLSearchParams(url.search);
                    
                if (url.search.includes('tab')
                    || url.search.includes('series')
                    || url.search.includes('type')
                    || url.search.includes('currency')
                    || url.search.includes('region')
                    || url.search.includes('sortorder')
                    || url.search.includes('sort')
                    || url.search.includes('strategy')
                    || url.search.includes('date')
                    ) 
                {
                    window.dataLayer[i].series = params.get('series') ? params.get('series') : undefined;
                    window.dataLayer[i].type = params.get('type') ? params.get('type') : undefined;
                    window.dataLayer[i].currency = params.get('currency') ? params.get('currency') : undefined;
                    window.dataLayer[i].region = params.get('region') ? params.get('region') : undefined;
                    window.dataLayer[i].sortorder = params.get('sortorder') ? params.get('sortorder') : undefined;
                    window.dataLayer[i].sort = params.get('sort') ? params.get('sort') : undefined;
                    window.dataLayer[i].strategy = params.get('strategy') ? params.get('strategy') : undefined;
                    window.dataLayer[i].date = params.get('date') ? params.get('date') : undefined;
                    window.dataLayer[i].tab = params.get('tab') ? params.get('tab') : undefined;
                }
            }
        }
    })
    
    
</script>

<script>
vueData.raptors = false;
vueData.themeVersion = "wm2"
vueMethods.updateURL = function(paramName, paramValue, regexToExecute){ var re = new RegExp(regexToExecute,"g"); var currentQueryString = window.location.search; var newQueryString = currentQueryString.replace(re, ""); if(paramName != ""){ if(Array.isArray(paramName)){ newQueryString = (newQueryString == "")? "?" : "?" + newQueryString; newQueryString = newQueryString.replace("??", "?"); paramName.forEach(function(el, i){ newQueryString += "&" + el + "=" + paramValue[i];	 }); newQueryString = newQueryString.replace("?&", "?"); } else { newQueryString = (newQueryString == "")? "?" :  "?" + newQueryString + "&"; newQueryString = newQueryString.replace("??", "?").replace("?&", "?"); newQueryString += paramName + "=" + paramValue; } } var currentBaseUrl = (window.location.href.split("?").length > 0)? window.location.href.split("?")[0] : window.location.href; var updatedUrl = currentBaseUrl + newQueryString; window.history.replaceState({}, document.title, updatedUrl); }; </script>
<script>
vueData.server = "production";function setLocalStorage(name, value, exdays) {var d = new Date();d.setTime(d.getTime() + (exdays*24*60*60*1000));var expires = d.toUTCString();if(typeof window.localStorage != 'undefined'){
localStorage.setItem(name, value);localStorage.setItem(name + '-expiration', expires);}
}function getLocalStorage(name) {var d = Date.now();if(typeof window.localStorage != 'undefined' && Date.parse(window.localStorage.getItem(name + '-expiration')) > d){return localStorage.getItem(name);}else {return "";}}function deleteLocalStorage(name) {if(typeof window.localStorage != 'undefined'){
localStorage.removeItem(name);localStorage.removeItem(name+'-expiration');}
}/* Social media region */vueData.socialSharing = {"facebook": {"title":"2025 Canadian Election","u": location.href,"description": "Takeaways from Chief Economist Eric Lascelles."},"linkedin": {"title": "2025 Canadian Election","url": location.href,"summary": "Takeaways from Chief Economist Eric Lascelles."},"twitter": {"text": "2025 Canadian Election - Takeaways from Chief Economist Eric Lascelles.","url": location.href},"email": {"subject": "2025 Canadian Election","body": "Takeaways from Chief Economist Eric Lascelles. - " + location.href},};vueComputed.searchAllLink = function(){  	return '/en/ca/search-results/?q=' + encodeURIComponent(this.searchTerm); }; vueComputed.searchProductLink = function(){ 	return '/en/ca/search-results/?productsOnly=true&q=' + encodeURIComponent(this.searchTerm); }; vueComputed.searchInsightLink = function(){ 	return '/en/ca/search-results/?insightsOnly=true&q=' + encodeURIComponent(this.searchTerm); }; vueComputed.isMobile = function() {var check = false;(function(a){if(/(android|bb\d+|meego).+mobile|avantgo|bada\/|blackberry|blazer|compal|elaine|fennec|hiptop|iemobile|ip(hone|od)|iris|kindle|lge |maemo|midp|mmp|mobile.+firefox|netfront|opera m(ob|in)i|palm( os)?|phone|p(ixi|re)\/|plucker|pocket|psp|series(4|6)0|symbian|treo|up\.(browser|link)|vodafone|wap|windows ce|xda|xiino/i.test(a)||/1207|6310|6590|3gso|4thp|50[1-6]i|770s|802s|a wa|abac|ac(er|oo|s\-)|ai(ko|rn)|al(av|ca|co)|amoi|an(ex|ny|yw)|aptu|ar(ch|go)|as(te|us)|attw|au(di|\-m|r |s )|avan|be(ck|ll|nq)|bi(lb|rd)|bl(ac|az)|br(e|v)w|bumb|bw\-(n|u)|c55\/|capi|ccwa|cdm\-|cell|chtm|cldc|cmd\-|co(mp|nd)|craw|da(it|ll|ng)|dbte|dc\-s|devi|dica|dmob|do(c|p)o|ds(12|\-d)|el(49|ai)|em(l2|ul)|er(ic|k0)|esl8|ez([4-7]0|os|wa|ze)|fetc|fly(\-|_)|g1 u|g560|gene|gf\-5|g\-mo|go(\.w|od)|gr(ad|un)|haie|hcit|hd\-(m|p|t)|hei\-|hi(pt|ta)|hp( i|ip)|hs\-c|ht(c(\-| |_|a|g|p|s|t)|tp)|hu(aw|tc)|i\-(20|go|ma)|i230|iac( |\-|\/)|ibro|idea|ig01|ikom|im1k|inno|ipaq|iris|ja(t|v)a|jbro|jemu|jigs|kddi|keji|kgt( |\/)|klon|kpt |kwc\-|kyo(c|k)|le(no|xi)|lg( g|\/(k|l|u)|50|54|\-[a-w])|libw|lynx|m1\-w|m3ga|m50\/|ma(te|ui|xo)|mc(01|21|ca)|m\-cr|me(rc|ri)|mi(o8|oa|ts)|mmef|mo(01|02|bi|de|do|t(\-| |o|v)|zz)|mt(50|p1|v )|mwbp|mywa|n10[0-2]|n20[2-3]|n30(0|2)|n50(0|2|5)|n7(0(0|1)|10)|ne((c|m)\-|on|tf|wf|wg|wt)|nok(6|i)|nzph|o2im|op(ti|wv)|oran|owg1|p800|pan(a|d|t)|pdxg|pg(13|\-([1-8]|c))|phil|pire|pl(ay|uc)|pn\-2|po(ck|rt|se)|prox|psio|pt\-g|qa\-a|qc(07|12|21|32|60|\-[2-7]|i\-)|qtek|r380|r600|raks|rim9|ro(ve|zo)|s55\/|sa(ge|ma|mm|ms|ny|va)|sc(01|h\-|oo|p\-)|sdk\/|se(c(\-|0|1)|47|mc|nd|ri)|sgh\-|shar|sie(\-|m)|sk\-0|sl(45|id)|sm(al|ar|b3|it|t5)|so(ft|ny)|sp(01|h\-|v\-|v )|sy(01|mb)|t2(18|50)|t6(00|10|18)|ta(gt|lk)|tcl\-|tdg\-|tel(i|m)|tim\-|t\-mo|to(pl|sh)|ts(70|m\-|m3|m5)|tx\-9|up(\.b|g1|si)|utst|v400|v750|veri|vi(rg|te)|vk(40|5[0-3]|\-v)|vm40|voda|vulc|vx(52|53|60|61|70|80|81|83|85|98)|w3c(\-| )|webc|whit|wi(g |nc|nw)|wmlb|wonu|x700|yas\-|your|zeto|zte\-/i.test(a.substr(0,4))) check = true;})(navigator.userAgent||navigator.vendor||window.opera);return check;};vueComputed.socialSharingLink = function() {var _self = this;var facebookLink = "https://www.facebook.com/sharer.php?";var linkedinLink = "https://www.linkedin.com/shareArticle/?mini=true&";var twitterLink = "https://twitter.com/intent/tweet?";var emailLink = "mailto:?";var facebookFilled = false;var linkedinFilled = false;var twitterFilled = false;var emailFilled = false;Object.keys(_self.socialSharing.facebook).forEach(function(k){if(_self.socialSharing.facebook[k] != ""){if(facebookFilled) facebookLink += "&";facebookFilled = true;facebookLink += k + "=" + _self.socialSharing.facebook[k];}});Object.keys(_self.socialSharing.linkedin).forEach(function(k){if(_self.socialSharing.linkedin[k] != ""){if(linkedinFilled) linkedinLink += "&";linkedinFilled = true;linkedinLink += k + "=" + _self.socialSharing.linkedin[k];}});Object.keys(_self.socialSharing.twitter).forEach(function(k){if(_self.socialSharing.twitter[k] != ""){if(twitterFilled) twitterLink += "&";twitterFilled = true;twitterLink += k + "=" + _self.socialSharing.twitter[k];}});Object.keys(_self.socialSharing.email).forEach(function(k){if(_self.socialSharing.email[k] != ""){if(emailFilled) emailLink += "&";emailFilled = true;emailLink += k + "=" + _self.socialSharing.email[k];}});return {"facebook": facebookFilled && facebookLink,"linkedin": linkedinFilled && linkedinLink,"twitter": twitterFilled && twitterLink,"email": emailFilled && emailLink}};/* End Social media region */vueData.locationAlertClosed = getLocalStorage("locationAlert") ? true : false ;vueMethods.closeLocationAlert = function(e){this.locationAlertClosed = true;setLocalStorage("locationAlert", false, 365);dataLayer.push({ 'event' :  'rbcwmEvent', 'data-analytics' :  '19', 'data-label' :  'location detection close' }); };vueData.breakingPoint = '';vueData.searchResults = [];vueData.searchResultsActive = -1;vueData.searchTerm = '';vueData.activeMenuItem = null;vueData.nav = {"currentLanguage": {"id": "en","text": "EN","country": "Canada"},"languages": [{"id": 'ca',"country": 'Canada',"languages": [{"id": 'ca-en',"languageCode": "en","countryCode": "ca","text": 'EN',"dotcmsId": 1},{"id": 'ca-fr',"languageCode": "fr","countryCode": "ca","text": 'FR',"dotcmsId": 3},{"id": 'ca-zh-Hans',"languageCode": "zh","countryCode": "ca","text": '简中',"dotcmsId": 4},{"id": 'ca-tc',"languageCode": "zh-hant","countryCode": "ca","text": '繁中',"dotcmsId": 5}]},],secondaryLinks: [{name: 'RBC GAM Institutional',id: 'RBCGAMInstitutional',children: [{name:'Canada (PH&N Institutional)',id: 'Canada(PH&NInstitutional)',link: 'https://institutional.rbcgam.com/en/ca/',target: '_blank'},{name:'United States',id: 'UnitedStates',link: 'https://institutional.rbcgam.com/en/us/',target: '_blank'},{name:'Europe',id: 'Europe',link: 'https://institutional.rbcgam.com/en/europe/',target: '_blank'},{name:'Asia-Pacific',id: 'Asia-Pacific',link: 'https://institutional.rbcgam.com/en/asia/',target: '_blank'},{name:'Middle-East & Africa',id: 'Middle-East&Africa',link: 'https://institutional.rbcgam.com/en/mea/',target: '_blank'},{name:'Latin America & Caribbean',id: 'LatinAmerica&Caribbean',link: 'https://institutional.rbcgam.com/en/latin-america/',target: '_blank'}]},{name: 'Other RBC sites',id: 'OtherRBCsites',children: [{name:"RBC Banking",id: 'RBCBanking',link: 'https://www.rbcroyalbank.com',target: '_blank'},{name:"PH&N Investment Services",id: 'PH&NInvestmentServices',link: 'https://www.phn.com/',target: '_blank'},{name:"RBC Indigo Asset Management",id: 'RBCIndigoAssetManagement',link: 'https://www.rbcindigo.com',target: '_blank'},{name:"RBC Wealth Management",id: 'RBCWealthManagement',link: 'https://www.rbcwealthmanagement.com/',target: '_blank'},{name:"RBC Insurance",id: 'RBCInsurance',link: 'https://www.rbcinsurance.com/',target: '_blank'},{name:"RBC Capital Markets",id: 'RBCCapitalMarkets',link: 'https://www.rbccm.com/',target: '_blank'},{name:"RBC Investor Services",id: 'RBCInvestorServices',link: 'https://www.rbcits.com/',target: '_blank'}]}],		"userGreeting": "Advisor sign in","userGreetingLink": "/en/okta-login?&url=/en/ca/","flagText": "For information purposes only","links": [			{
			"id": "nav.products",
			"name": "Products",
			"title": "Products",
			"separator": "nav.products" == "nav.tools",
			"summary": "",
							"children": [
																		{
																"id": "nav.products.mutualfunds",
								"name": "Mutual funds",
								"title": "Mutual funds",
								"summary": "",
																	"children": [
																																																				{ /* true */
																								"id": "Mutual funds list",
												"name": "Mutual funds list",
												"title": "Mutual funds list",
												"summary": "",
												"link": "/en/ca/products/mutual-funds/index"
												},																																																						{ /* true */
																								"id": "nav.products.aboutmutualfunds",
												"name": "About RBC mutual funds",
												"title": "About RBC mutual funds",
												"summary": "",
												"link": "/en/ca/products/mutual-funds/about/"
												},																																																						{ /* true */
																								"id": "RBC Fixed Income Pools",
												"name": "RBC Fixed Income Pools",
												"title": "RBC Fixed Income Pools",
												"summary": "",
												"link": "/en/ca/products/mutual-funds/rbc-fixed-income-pools"
												},																																																						{ /* true */
																								"id": "nav.products.rbcportfoliosolutions",
												"name": "RBC Portfolio Solutions",
												"title": "RBC Portfolio Solutions",
												"summary": "",
												"link": "/en/ca/products/mutual-funds/rbc-portfolio-solutions/"
												},																																																																																																																																																																			]
															},																								{
																"id": "nav.products.etfs",
								"name": "ETFs",
								"title": "ETFs",
								"summary": "",
																	"children": [
																																																				{ /* true */
																								"id": "ETFs list",
												"name": "ETFs list",
												"title": "ETFs list",
												"summary": "",
												"link": "/en/ca/products/etfs/index"
												},																																																						{ /* true */
																								"id": "About RBC iShares ETFs",
												"name": "About RBC iShares ETFs",
												"title": "About RBC iShares ETFs",
												"summary": "",
												"link": "/en/ca/products/etfs/rbc-ishares"
												},																																																						{ /* true */
																								"id": "nav.products.etfinvestmentstrategies",
												"name": "ETF investment strategies",
												"title": "ETF investment strategies",
												"summary": "",
												"link": "/en/ca/products/etfs/etf-investment-strategies/"
												}																																							]
															},																								{
																"id": "nav.products.alternativeinvestments",
								"name": "Alternative investments",
								"title": "Alternative investments",
								"summary": "",
																	"children": [
																																																				{ /* true */
																								"id": "Alternative investments list",
												"name": "Alternative investments list",
												"title": "Alternative investments list",
												"summary": "",
												"link": "/en/ca/products/alternative-investments/index"
												},																																																						{ /* true */
																								"id": "nav.products.aboutalternativeinvestments",
												"name": "About RBC alternative investments",
												"title": "About RBC alternative investments",
												"summary": "",
												"link": "/en/ca/products/alternative-investments/about/"
												}																																							]
															}															]
					},				{
			"id": "nav.insights",
			"name": "Insights",
			"title": "Insights",
			"separator": "nav.insights" == "nav.tools",
			"summary": "",
							"link": "/en/ca/insights/"
					},				{
			"id": "nav.learnplan",
			"name": "Learn & plan",
			"title": "Learn & plan",
			"separator": "nav.learnplan" == "nav.tools",
			"summary": "",
							"children": [
																		{
																"id": "nav.learnplan.typesofinvestments",
								"name": "Types of investments",
								"title": "Types of investments",
								"summary": "",
																	"children": [
																																																				{ /* true */
																								"id": "nav.learnplan.whataremutualfunds",
												"name": "All about mutual funds",
												"title": "All about mutual funds",
												"summary": "",
												"link": "/en/ca/learn-plan/types-of-investments/mutual-funds/"
												},																																																						{ /* true */
																								"id": "nav.learnplan.whatareetfs",
												"name": "ETF Learning Centre",
												"title": "ETF Learning Centre",
												"summary": "",
												"link": "/en/ca/learn-plan/types-of-investments/etfs/"
												}																																							]
															},																								{
																"id": "Retirement resource centre",
								"name": "Retirement resource centre",
								"title": "Retirement resource centre",
								"summary": "Your one-stop retirement resource centre. Learn about all phases of the retirement journey -- from starting early to living in retirement.",
																"link": "/en/ca/learn-plan/retirement-resources"
															},																								{
																"id": "Investment basics",
								"name": "Investment basics",
								"title": "Investment basics",
								"summary": "Learn about the basic principles of investing to make smarter decisions about your money.",
																"link": "/en/ca/learn-plan/investment-basics"
															},																								{
																"id": "Investment strategies",
								"name": "Investment strategies",
								"title": "Investment strategies",
								"summary": "Learn strategies to help you identify your goals and gain a deeper understanding of the investing world.",
																"link": "/en/ca/learn-plan/investment-strategies"
															},																								{
																"id": "Learn & plan",
								"name": "Learn & plan",
								"title": "Learn & plan",
								"summary": "",
																"link": "/en/ca/learn-plan/index"
															}															]
					},				{
			"id": "nav.aboutus",
			"name": "About us",
			"title": "About us",
			"separator": "nav.aboutus" == "nav.tools",
			"summary": "",
							"children": [
																		{
																"id": "Our story",
								"name": "Our story",
								"title": "Our story",
								"summary": "",
																"link": "/en/ca/about-us/our-story"
															},																								{
																"id": "Responsible investment",
								"name": "Responsible investment",
								"title": "Responsible investment",
								"summary": "",
																"link": "/en/ca/about-us/ri"
															},																								{
																"id": "Our teams",
								"name": "Our teams",
								"title": "Our teams",
								"summary": "",
																"link": "/en/ca/about-us/our-teams"
															},																								{
																"id": "RBC iShares",
								"name": "RBC iShares",
								"title": "RBC iShares",
								"summary": "",
																"link": "/en/ca/about-us/about-rbc-ishares"
															},																								{
																"id": "Leadership",
								"name": "Leadership",
								"title": "Leadership",
								"summary": "",
																"link": "/en/ca/about-us/leadership"
															}															]
					},			
]};vueData.isharesModalIsActive = false;

window.SpeechRecognition = window.SpeechRecognition || window.webkitSpeechRecognition;vueData.SpeechRecognitionEnabled = (window.SpeechRecognition)? true:false;vueData.recognition = null;vueData.voiceIconColor = null;vueData.voiceLabel = "Search&nbsp;by&nbsp;voice";vueMethods['searchToggled'] = function(){var _self = this;var defaultLabel = "Search&nbsp;by&nbsp;voice";if(window.SpeechRecognition && _self.recognition == null){_self.recognition = new SpeechRecognition();_self.recognition.continuous = true;_self.recognition.lang = "en-US";_self.recognition.onstart = function(e){dataLayer.push({ 'event' :  'rbcwmEvent', 'data-analytics' :  '19', 'data-label': 'search voice'});_self.voiceIconColor = "red";_self.voiceLabel = "Listening...";};_self.recognition.onend = function(e){_self.voiceIconColor = null;_self.voiceLabel = "Search&nbsp;by&nbsp;voice";};_self.recognition.onresult = function(e){var results = e.results;for(var i = 0; i < results.length ; i++){if(results[i].isFinal){_self.$refs.megamenu.searchTerm = results[0][0].transcript;_self.searchTerm = results[0][0].transcript;_self.megaSearch(_self.searchTerm);_self.recognition.stop();}}};_self.recognition.start();}else {_self.recognition.stop();_self.recognition = null;_self.$refs.megamenu.searchTerm = "";_self.searchTerm = "";}};
let timerForSearch = null;

vueMethods['megaSearchKeyUp'] = function(e){
clearTimeout(timerForSearch);

timerForSearch = setTimeout(() => {

if (e.target.value.trim() !== '' ) {
    dataLayer.push({
        event: "view_search_results",
        search_results_num: _self.searchResults.length,
        method: 'generic search',
        search_term: _self.searchTerm,
        
    })   
    }
}, 1000)

var key = e.key.toLowerCase();var _self = this;if(key.indexOf('enter') > -1 && _self.searchResultsActive == -1){var encodedQuery = encodeURIComponent(_self.searchTerm);
location.href = '/en/ca/search-results/?q=' + encodedQuery;}else if(key.indexOf('enter') > -1 && _self.searchResultsActive > -1){var r = _self.searchResults[_self.searchResultsActive];dataLayer.push({ 'event' : 'rbcwmPageview', 'virtualpath' : '/en/ca/virtual/search-results-megasearch/?q=' + _self.searchTerm, 'virtualtitle' : 'Virtual Search Results','data-searchterm' : _self.searchTerm, 'data-totalresults': _self.searchResults.length});
location.href = (r.type == 'mf')? '/en/ca/products/mutual-funds/' + r.fundCode + '/detail/' : '/en/ca/products/etfs/' + r.fundCode + '/detail/';}else if(key.indexOf('down') > -1 && _self.searchResultsActive < (_self.searchResults.length - 1)){_self.searchResultsActive++;}else if(key.indexOf('up') > -1 && _self.searchResultsActive >  - 1){_self.searchResultsActive--;}};vueMethods['megaSearchResultClick'] = function(r, e){const outbound = e.target.closest('a') ? e.target.closest('a').hostname !== window.location.hostname : false;
console.log('Hello');
var _self = this;if(e.target.classList.value.indexOf('briefcase') == -1){dataLayer.push({ 'event' : 'rbcwmPageview', 'virtualpath' : '/en/ca/virtual/search-results-megasearch/?q=' + _self.searchTerm, 'virtualtitle' : 'Virtual Search Results','data-searchterm' : _self.searchTerm, 'data-totalresults': _self.searchResults.length});window.dataLayer.push({
    event: 'click_search_results',
    event_type: 'search',
    method: 'generic search', 
    link_text: e.target.textContent,
    link_url: _self.getLinkUrl(e),
    link_domain: window.location.hostname,
    outbound: outbound,
});

location.href = (r.type == 'mf')? '/en/ca/products/mutual-funds/' + r.fundCode + '/detail/' : '/en/ca/products/etfs/' + r.fundCode + '/detail/';}};vueMethods['megaSearch'] = function(e){var _self = this;_self.searchResultsActive = -1;if(e != ""){_self.searchTerm = e;fetch("/en/ca/megamenu-search?search=" + e).then(function(response){ return response.json();}).then(function(data){ _self.searchResults = data.data;}).catch(function(e){_self.searchResults = [];})}else {_self.searchResults = [];_self.searchTerm = '';}};

vueMethods['toggleLanguage'] = function(e) {
    console.log("toggleLanguage", e);
    if (e.countryCode !== "ca"){
        if(e.countryCode === "gb") {
            location.href = "/en/landing?preselect=eu";
        } else if(e.countryCode === "us") {
            location.href = "/en/landing?preselect=us";
        } else if(e.countryCode === "asia-pacific") {
            location.href = "/en/landing?preselect=ap";
        } else if(e.countryCode === "americas-offshore") {
            location.href = "/en/landing?preselect=ao";
        } else {
            location.href = "/en/landing";
        }
    } else {
        var currentUrl = "/en/ca/";
        this.nav.languages
            .flatMap(l => l.languages).map(l=>l.languageCode)
            .filter((v, i, a) => a.indexOf(v) === i)
            .forEach(l => currentUrl = currentUrl.replace(`/${l}/`,"/"));

            let newQueryString = "";
            location.href = "/" +e.languageCode + currentUrl + newQueryString;
    }
};

vueMethods.mobileSearch = function(e){location.href = '/en/ca/search-results/?q=' + e;}


vueMethods.getLinkUrl = function(event) {
    const element = vueMethods.findAncestorLinkElement(event.target);
    return vueMethods.getLinkUrlHelper(element && element.href);
}
    
vueMethods.findAncestorLinkElement = function(target) {
        let a = target;
        while (a && a.tagName !== 'A') {
            a = a.parentNode;
        }
        return a && a.tagName === 'A' ? a : null;
    }
    
vueMethods.getLinkUrlHelper = function(url) {
        if (!url) {
            return '';
        }
        
        const isAbsoluteUrl = /^([a-z][a-z\d+\-.]*:)?\/\//i.test(url);
        return isAbsoluteUrl ? url : window.location.origin + url;
    }

</script>
<script>
Vue.component('rbc-video', {template: '<div class="rbc-video"><div :style="embedStyle" :class="[aspectRatio ? \'embed-responsive-\' + aspectRatio : null]" class="embed-responsive"><video ref="player" v-bind="$attrs" :data-video-id="videoId" :data-playlist-id="playlistId" :data-account="account" :data-player="player" data-embed="default" data-application-id class="video-js embed-responsive-item rbc-video-player" controls></video></div><div v-if="playlistId" class="vjs-playlist"></div></div>',
inheritAttrs: false,props: {aspectRatio: { type: String, default: '16by9' },account: { type: String, default: '3187797751001' },embedStyle: [String, Object, Array],options: Object,player: { type: String, default: 'Un1ElmKR2T' },playlistId: String,videoId: String},beforeMount: function() {var scriptId = this.playlistId ? 'bcPlaylistScript' : 'bcVideoScript';var body = document.getElementsByTagName('body')[0];if (!document.getElementById(scriptId) && body) {var script = document.createElement('script');script.type = 'text/javascript';script.id = scriptId;script.src = '//players.brightcove.net/' + this.account + '/' + this.player  + '_default/index.min.js';body.appendChild(script);}},mounted: function() {if (typeof bc !== 'undefined') {bc(this.$refs.player, this.options);}}});vueMethods.formatNumber = window.formatNumber;vueMethods.formatCurrency = window.formatCurrency;vueMethods.decimal = window.decimal;vueMethods.leadingZero = window.leadingZero;var vueApp = new Vue({el: "#app",components: {'rbc-alert': wm.Alert,'rbc-autocomplete': wm.Autocomplete,'rbc-badge': wm.Badge,'rbc-block': wm.Block,'rbc-breadcrumb': wm.Breadcrumb,'rbc-button': wm.Button,'rbc-toggle': wm.ButtonToggle,'rbc-toggle-container': wm.ButtonToggleContainer,'rbc-caption': wm.Caption,'rbc-card': wm.Card,'rbc-checkbox': wm.Checkbox,'rbc-datatable': wm.DataTable,'rbc-datatable-paginator': wm.DataTablePaginator,'rbc-datepicker': wm.DatePicker,'rbc-dropdown': wm.Dropdown,'rbc-expandable': wm.Expandable,'rbc-expandable-container': wm.ExpandableContainer,'rbc-hero': wm.Hero,'rbc-icon': wm.Icon,'rbc-input': wm.Input,'rbc-layout': wm.Layout,'rbc-link-card': wm.LinkCard,'rbc-link-card-container': wm.LinkCardContainer,'rbc-media-card': wm.MediaCard,'rbc-mega-menu': wm.MegaMenu,'rbc-menu': wm.Menu,'rbc-menu-item': wm.MenuItem,'rbc-modal': wm.Modal,'rbc-multiselect': wm.MultiSelect,'rbc-point': wm.Point,'rbc-progressbar': wm.ProgressBar,'rbc-radio': wm.Radio,'rbc-script': wm.Script,'rbc-select': wm.Select,'rbc-side-nav': wm.SideNav,'rbc-side-nav-item': wm.SideNavItem,'rbc-slider': wm.Slider,'rbc-snackbar': wm.Snackbar,'rbc-snackbar-container': wm.SnackbarContainer,'rbc-sort': wm.Sort,'rbc-speech': wm.Speech,'rbc-spinner': wm.Spinner,'rbc-stepper': wm.Stepper,'rbc-stepper-container': wm.StepperContainer,'rbc-stepper-content': wm.StepperContent,'rbc-style': wm.Style,'rbc-switch': wm.Switch,'rbc-tab': wm.Tab,'rbc-tab-content': wm.TabContent,'rbc-tag': wm.Tag,'rbc-textarea': wm.Textarea,'rbc-tooltip': wm.Tooltip,'rbc-top-nav': wm.TopNav,'rbc-top-nav-item': wm.TopNavItem,'rbc-transition': wm.Transition,'rbc-transition-height': wm.TransitionHeight,'rbc-transition-number': wm.TransitionNumber},data: vueData,computed: vueComputed,watch: vueWatch,mounted: function(){var _self = this;var displayNoneSyntax = "dBREAKINGPOINT-none";var displayInlineSyntax = "dBREAKINGPOINT-inline";var breakingPoints = ['', '-sm', '-md', '-lg', '-xl'];breakingPoints.forEach(function(bp, index){var bpNoneSyntax = displayNoneSyntax.replace("BREAKINGPOINT", (bp != '')? bp : '');var bpInlineSyntax = (index + 1 < breakingPoints.length)? displayInlineSyntax.replace("BREAKINGPOINT", breakingPoints[index + 1]) : '';var spanEl = document.createElement("SPAN");spanEl.setAttribute("id", 'is' + bp.replace('-', ''));spanEl.classList.add(bpNoneSyntax);if(bpInlineSyntax != '') spanEl.classList.add(bpInlineSyntax);spanEl.style.width = 0;spanEl.style.height = 0;document.body.appendChild(spanEl);if(window.getComputedStyle(spanEl,null).getPropertyValue('display') == "none"){if(bp == ""){bp = 'xs';}_self.breakingPoint = bp.replace('-', '');}});document.addEventListener("keyup", function(e){if(e.ctrlKey && e.shiftKey && e.key.toLowerCase() == 'f'){_self.$refs.megamenu.$_MegaMenu_showSearch();}else if(e.ctrlKey && e.shiftKey && e.key.toLowerCase() == 'v'){_self.$refs.megamenu.$_MegaMenu_showSearch();_self.searchToggled();}});if(window.addEventListener/* && window.atob*/){var arr=[],str=atob("MzgsMzgsNDAsNDAsMzcsMzksMzcsMzksNjYsNjU=");window.addEventListener("keydown",function(e){arr.push(e.keyCode);if(arr.toString().indexOf(str)>=0){vueData.raptors=true;arr=[];};},true);};
vueMounted.forEach(function(f){f(_self);});},methods: vueMethods});
</script><script> setTimeout(function(){ var videoIframes = document.querySelectorAll(".brightcoveIframe"); Array.prototype.forEach.call(videoIframes, function(el){ el.contentWindow.postMessage({'gaID':"", 'url': window.location.href}, '*'); }); }, 1000); </script> 
<script>
    
    // SHARE ON SOCIAL MEDIA
    
    document.addEventListener('click', (e) => {
        const socialMediaShares = e.target.closest('[data-location="Share this article sidebar"] a');
        if(socialMediaShares) {
    	    const ariaLabelMethod = e?.srcElement?.ariaLabel;
    	    dataLayer.push({
    	        event: 'share',
                method: ariaLabelMethod === 'envelope' ? 'email' : (ariaLabelMethod?.split(' ')[0] || ''),
                content_name: document.getElementsByClassName('hero-header')[0]?.innerHTML,
                link_text: document.getElementsByClassName('hero-header')[0]?.innerHTML,
                link_domain: window.location.hostname,
                link_url: window.location.href, 
                content_type: window.location.pathname.split('/')[3],
                content_id: '31c092a8-c7e9-428a-a1aa-a367ff07f64a',
                location_id: getLocationId(e.target), 
    	        }); 
    	}
});

const h4Elements = document.querySelectorAll('div > h4');
h4Elements.forEach((h4Element) => {
  const trimmedText = h4Element.textContent.trim();
  if (trimmedText === 'Share this profile' || trimmedText === 'Share this podcast' ||
      trimmedText === 'Partager cette baladodiffusion' || trimmedText === 'Partager ce profil') {
    const targetDiv = h4Element.parentElement;
    const anchorLinks = targetDiv.querySelectorAll('a');
    anchorLinks.forEach((element) => {
      element.addEventListener('click', (e) => {
          
          if (e.target.closest('[data-location="Share this article sidebar"] a')) {
              return;
          }
          
        const ariaLabelMethod = e?.srcElement?.ariaLabel;
        const contentType = trimmedText === 'Share this podcast' || trimmedText === 'Partager cette baladodiffusion' ? 'podcast' : 'team';
        const locationId = trimmedText;
    	    dataLayer.push({
    	        event: 'share',
                method: ariaLabelMethod === 'envelope' ? 'email' : (ariaLabelMethod?.split(' ')[0] || ''),
                content_name: document.getElementsByClassName('hero-header')[0]?.innerHTML,
                link_text: document.getElementsByClassName('hero-header')[0]?.innerHTML,
                link_domain: window.location.hostname,
                link_url: window.location.href, 
                content_type: contentType,
                content_id: '31c092a8-c7e9-428a-a1aa-a367ff07f64a',
                location_id: locationId, 
    	        }); 
      });
    });
  }
});

</script>
<!-- OneTrust Cookies Settings button end --> 
<script type="application/javascript">
  window.openCookieSettings = function(e) {
    e.preventDefault();
    OneTrust.ToggleInfoDisplay();
  };

  window.handleKeydown = function(event) {
    if (event.key === 'Enter' || event.key === ' ') {
      event.preventDefault();
      openCookieSettings(event);
    }
  };

  // Attach the keydown listener when the DOM is loaded.
  document.addEventListener('DOMContentLoaded', function() {
    var btn = document.getElementById('openCookieSettings');
    if (btn) {
      btn.addEventListener('keydown', window.handleKeydown);
    }
  });
</script>
<!-- OneTrust Cookies Consent Notice end for rbcgam.com -->

<!-- Accessibility scripts --> 
<script type="application/javascript">
    let expandMenuButton = document.querySelector("#hamburgerMenuButton");
    let megaSeparator = document.querySelector(".mega-menu-separator");
    if (expandMenuButton) {
        expandMenuButton.tabIndex = 0;
    }
    if (megaSeparator) {
        megaSeparator.removeAttribute("role");
    }
</script>
<!-- Accessibility scripts end --> 


<script src="/application/themes/rbcgam/js/analytics-service.js"></script>

<!-- Loading time: 1011 -->
</body>
</html> 


<!-- Loading time not cached: 1016 -->