RBC is expanding its suite of Market Access GICs to include two new fund-linked GICs, RBC Canadian Dividend Fund-Linked GIC and RBC O’Shaughnessy International Equity Fund-Linked GIC.

“These new GICs are part of our ongoing commitment to provide investors with choices and solutions to help them achieve their goals,” says Max Thompson, head, GICs and savings, RBC. “By providing principal protection and growth in one simple solution, fund-linked GICs offer investors the best of both worlds – the security of a GIC and the growth potential associated with equity markets.”

The new RBC Canadian Dividend Fund-Linked GIC and RBC O’Shaughnessy International Equity Fund-Linked GIC are 100% principal-protected and provide returns linked to the performance of the RBC Canadian Dividend Fund and the RBC O’Shaughnessy International Equity Fund, respectively.

The fund-linked GICs carry a five-year term, are Canada Deposit Insurance Corp. (CDIC) eligible and available for non-registered portfolios.

The launch of the RBC Fund-linked GICs broadens the RBC Market Access GIC line-up, which also includes the Canadian Market-Linked GIC, providing exposure to the S&P/TSX 60 index and the Global Market-Linked GIC, providing exposure to a collection of major international stock market indices.