Minor’s Trust Investment Options
When your child’s first deductions are made you will receive a package from ACTRA PRS – with the following choices. If a selection is not made the Minor’s money will be put into the Money Market
RBC Premium Money Market Fund
To provide current income and liquidity by investing in high-quality short-term debt securities.
http://funds.rbcgam.com/pdf/fund-pages/quarterly/rbf447_e.pdf
RBC Target Education Fund
Investment Objectives
This fund is an asset allocation fund specifically designed to meet the changing needs of investors who are saving money for the purpose of funding a post-secondary education that commences around the age of 18. The fund gradually shifts its asset mix from an emphasis on equity funds, in its early years, to an emphasis on money market funds as its ‘target’ date approaches. Over the life of the fund, its portfolio will shift from a focus on funds with growth potential to a focus on funds that preserve capital.
How Your Target Fund is Managed
Growth up front
RBC invests in growth-oriented RBC funds in the early years to help ensure that there is sufficient grown to cover the ever-rising costs of post-secondary education.
The Risk Level Declines Gradually and Continually
The closer your child gets to attending college or university, the more conservative the asset mix in RBC Target Education Fund becomes
|
Year your Child was Born |
Appropriate Solution for Most Children |
| 1996-1999 | |
| 2000-2004 | |
| 2005-2010 |