Tuesday, November 18, 2008

This is what RBC is telling their investors in these difficult economic times

do you agree with this?

Given the ongoing volatility in the global financial markets, it is understandable that many investors are anxious, not only about their investments, but also about the safety and security of the financial institutions where their money is being held.

I would like to assure you that your investments are safe and secure with RBC Direct Investing. RBC Direct Investing is backed by RBC, the largest bank in Canada. Canada was recently rated by the World Economic Forum as having the world's most financially sound banking system. RBC has been able to withstand the recent market shocks and pressures due to our financial strength, sound risk management policies and high quality balance sheet. In relation to our global peers, Canadian financial institutions are withstanding this unprecedented period in the world's economic history.

As well, RBC Direct Investing is a member of the Canadian Investor Protection Fund (CIPF), providing our clients' accounts with protection within the defined limits of CIPF. For more information about CIPF and their coverage, please visit their website.

To get additional insights on current market conditions, I recommend that you read the attached "Perspective on Current Markets" prepared by RBC Asset Management. It provides an overview of the issues that today's market faces, a historical view and some insights on what to do next. For daily updates, please visit the Market Insight page, available from the Markets tab, for the RBC Morning Market Commentary prepared by RBC Dominion Securities and the Daily Economic Update prepared by RBC Economics.

The team here at RBC Direct Investing is committed to ensuring that you have the support you need during these difficult times by continuing to provide you with outstanding service. This can be challenging during times when trading volumes soar, but I am pleased to let you know that RBC Direct Investing recently ranked number one among a group of online brokers randomly tested by the Globe & Mail's Rob Carrick for site stability during extremely high volumes of trading on the Toronto Stock Exchange. Plus, when you trade online, you can always feel confident knowing that your account is protected against unauthorized transactions and fraudulent activity thanks to the RBC Direct Investing Online Security Guarantee.

In closing, I would like to thank you for your continued business with RBC Direct Investing.

Doug Coulter
President and CEO
RBC Direct Investing


No comments:

Post a Comment