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