Fossil Free Investments at RBC

As the largest financer of fossil fuels in Canada, RBC has a lot of work to do in keeping global temperatures below 1.5 degrees. For a variety of reasons, switching banks may not be an accessible option. RBC offers a range of mutual funds and exchange traded funds that exclude fossil fuels. This is solely a directory and not financial advice.

In Branch

• RBC Vision Fossil Fuel Free Balanced Fund
• RBC Vision Fossil Fuel Free Global Equity Fund
• RBC Vision Fossil Fuel Free Bond Fund
• RBC Vision Fossil Fuel Free Short-Term Bond Fund (institutional investors only)

Unlike most other fossil-free funds, RBC does not have an exclusion for nuclear power in their Vision mutual funds and holds bonds in Bruce Energy.

Online

These iShares ETFs, offered by BlackRock + RBC, are only available through direct investing platforms, such as RBC Direct Investing, and fee-based investment advisors. RBC InvestEase does not have a fossil-free offering. The TSX ticker symbol for each exchange traded fund is listed in brackets.

Pre-Built Portfolios

• iShares ESG Conservative Balanced ETF Portfolio (GCNS)
• iShares ESG Balanced ETF Portfolio (GBAL)
• iShares ESG Growth ETF Portfolio (GGRO)
• iShares ESG Equity ETF Portfolio (GEQT)

Country Specific Equity

• iShares ESG Advanced MSCI Canada Index ETF (XCSR)
• iShares ESG Advanced MSCI USA Index ETF (XUSR)
• iShares ESG Advanced MSCI EAFE Index ETF (XDSR)

Canadian Corporate Bonds

• iShares ESG Advanced Canadian Corporate Bond Index ETF* (XCBG)
• iShares ESG Advanced 1-5 Year Canadian Corporate Bond Index ETF* (XSHG)

*These funds have placed significant assets towards some of the largest fossil-financing banks.

Last Updated: December 13, 2021