What happens if I'm not sure what investment option to choose?
Target date funds
The platform suggests an investment fund that is appropriate to your age and desired retirement date. The asset mix is automatically adjusted to become more conservative as you get closer to that date.
The default target date fund provided by BlackRock, the world's largest asset manager, is built to help balance investment returns and risk, but you are able to select a different fund.
Build My Own Portfolio
If enabled by your employer in your group plan, Build My Own Portfolio gives members an easy way to personalize their portfolio and define their own investment risk level. To build a portfolio, members simply add the percent they wish to allocate to each fund. Investments can be made across a variety of asset classes. As you allocate your investment, it will indicate your risk level.
All funds in Build My Own Portfolio are managed by RBC Global Asset Management, Canada’s largest asset manager. Every quarter, funds are automatically rebalanced to ensure the asset mix matches the target allocation.