| Broker: |
RBC Action Direct |
| Web Site: |
http://www.actiondirect.com/ |
| Customer Service: |
Phone: 1-800-769-2560
Web form |
| Mailing Addresses:
|
Royal Bank Plaza
200 Bay Street, North Towerbr>
P.O. Box 75
Toronto, Ontario
M5J 2Z5
|
| Service / Accounts Available: |
- Cash and margin accounts
- Self-directed RSPs, RIFs and LIFs
- RESP accounts
|
| Commission Schedule / Fees: |
(For the most up-to-date prices and conditions, please visit Action Direct) |
| |
Equities |
|
Up to 1000 shares of any value:
| Share price |
Internet and Automated Telephone Service |
Placed by phone with a person |
| Cdn./U.S. |
Cdn. |
U.S. |
| Commission / Price |
Commission / Price |
Commission / Price |
| Less than $0.25 |
1.5% of principal |
2½% |
| $0.25 - $1.00 |
$35 + ½ ¢ per share |
$39 + 2¢ per share |
| $1.01 - $2.00 |
$35 + 2¢ per share |
$39 + 3¢ per share |
| $2.01 - $5.00 |
3¢ per share |
$35 + 3¢ per share |
$39 + 4¢ per share |
| $5.01 - $10.00 |
3¢ per share for Internet
4¢ per share for telephone |
$35 + 4¢ per share |
$39 + 5¢ per share |
| $10.01 - $20.00 |
$35 + 5¢ per share |
$39 + 6¢ per share |
| $20.01 and higher |
$35 + 6¢ per share |
$39 + 7¢ per share |
| Note: |
Minimum commission (Internet): $29.95 (CDN or U.S.) (Telephone): $35 (CDN or U.S.) |
Canadian and U.S. equity transactions with a principal dollar value of $2,000 or less: $43 (CDN or U.S.)
Minimum commission: $43 |
Partially filled orders: Full commissions and fees apply for each partial fill, except when transacted within the same business day.
New Canadian stock issues (when available): No commissions Commissions are in addition to fees charged by the local securities commission as applicable.
|
|
| Mutual Fund Trades |
| |
Front-Load |
RBC Funds |
Other No-Load |
BackLoad |
| Purchase |
$0 |
$0 |
$0 |
$0 |
| Switch |
$0 |
$0 |
$0 |
$0 |
| Redemption |
$0 ($43 with trader) |
$0 |
$40 ($43 with trader) |
$0 |
| Note: | An extra 2.75% in additional units/shares will be added to back end load online purchase orders of $1,000 or more. This offer is not applicable to Labour Sponsored Funds or monthly purchase plans.
An Early Redemption fee equal to 1% of selling value (minimum $43) will be charged on all funds sold within 120 days of purchase, with the exception of RBC money market funds.
Processing fees may be charged on some funds at the time of purchase (1% to 5%). Please verify with an Action Direct Investment Services Representative.
|
|
| Option Trades |
| Contract price |
Internet |
Automated Telephone Service |
Placed by phone with a person |
| Cdn./U.S. |
Cdn./U.S. |
| Commission / Contract |
Commission / Contract |
Commission / Contract |
| $0.00 - $2.00 |
20% discount off the current options commission schedule. |
10% discount off the current options commission schedule. |
$35 + $1.50/contract |
| $2.01 - $3.00 |
$35 + $2.00/contract |
| $3.01 - $4.00 |
$35 + $2.50/contract |
| $4.01 - $5.00 |
$35 + $3.00/contract |
| $5.01 and higher |
$35 + $3.50/contract |
| Note: | Options trades minimum commission: $43 (CDN or U.S.) per transaction. Canadian and U.S. options transactions with a principal dollar value of $2,000 or less: $43 (CDN or U.S.) Assignments and exercises: Regular equity commission schedule applies |
|
| Special Services: |
- Research centre
- Education centre
- Commission calculator
|