The peace of mind of dealing with the leading bank in the world s soundest banking sector

Transcripción

1 RBC Wealth Management The peace of mind of dealing with the leading bank in the world s soundest banking sector When you choose to work with RBC, you re choosing the leading financial organization in Canada. A global economic leader, Canada is recognized for its long-term political stability as a liberal democracy, vast natural resources in a landmass ranking second only to Russia in size, economic strength as a long-time member of the G7, and the soundness of its financial system. Canadian Strength n Population: 34,108,752 (January 2012, World Bank, World Development Indicators) n Canada has a top tier credit rating of AAA by S&P and Moody s n Second largest country and the ninth largest economy in the world (measured in US dollars at market exchange rates) n Ranked as the best fiscally managed country among the G7 countries by the Institute for Management Development n Largest producer of zinc and uranium, and a global source of many other natural resources, such as gold, nickel, aluminum and lead n One of the world s largest suppliers of agricultural products n One of the few developed nations that is a net exporter of energy n One of the highest levels of economic freedom in the world n One of the world s most multicultural societies n Plugged into the world s capital markets n Ranked as number 7 out of 59 economies covered by the World Competitiveness Yearbook, 2011 Continued on the next page...

2 n The Toronto Stock Exchange (TSX) and TSX Venture exchange combined are the third-largest exchange in North America n $2.1 trillion Total Market Capitalization* (TSX/TSXV) Mining: 23% Financial Services: 23% Oil and Gas: 18% Diversified Industries: 15% The resources exchanges 1st: Mining: 1,627 listings* Oil and Gas: 401 listings* Clean Technology: 134 listings* * As at October 31, Source: TMX Group n Canadian banks are among the better endowed with capital in the world and they far exceed the standards set by the Bank for International Settlements n Canada s major banks have significant international operations in the United States and most other parts of the world n Rated as the best country for business by Forbes Magazine, Best Countries for Business, October 2011 n Canada s financial system is supported by an internationally respected regulatory and supervisory framework Lowest general government net debt among G7 economies The Canadian Financial System Net Debt-to-GDP Ratio in Canada and its G7 Peers, F n Rated the country with the world s soundest banking system, five consecutive years in a row (World Economic Forum Global Competitiveness Report) n One of the most financially sound markets in the world as rated by Moody s n Canada has eight domestic banks, 50 active foreign bank subsidiaries and 37 foreign bank representative offices n Canada s major banks (the Big Six ) are the core of Canada s banking system with about 90% of the country s bank assets n Canada enjoys a streamlined regulatory system based primarily on two agencies: the Office of the Superintendent of Financial Institutions (OSFI), responsible for regulation, and the Financial Consumer Agency of Canada (FCAC) responsible for consumer issues n The International Monetary Fund, among others, has recognized the strength of the Canadian regulatory system Source: International Monetary Fund. World Economic Outlook. April pp Bank exposure to Eurozone debt by country, US$ billions Bank Exposure in: Australia Canada Japan US UK Germany France Greece Ireland Italy Portugal Spain TOTAL GIIPS As of Q2-2011, Source: Bank for International Settlements, RBC Economics Research

3 Canada rated as world s soundest bank system five consecutive years in a row by the World Economic Forum Global Competitiveness Report RBC Among the world s best n Top 20 most valuable global banking brands in Brand Finance s February 2012 annual report. 2.2: Data Tables Section VIII: Financial market development 460 World Economic Forum, Executive Opinion Survey Soundness of banks n Top 10 of largest banks in North America * and Top 15 of largest banks globally * n Top 100 Most Valuable Global Brands (BrandZ 5th annual global brands ranking) n Global strength in wealth management and capital markets How would you assess the soundness of banks in your country? 8.07 Soundness of banks [1 = insolvent and may require a government bailout; How would 7 = generally you assess healthy the soundness with sound of banks balance in your sheets] country? [1 = insolvent and may require a government bailout; 7 = generally healthy with sound balance sheets] weighted average Canada s leading financial institution RANK COUNTRY/ECONOMY SCORE 1 MEAN: Canada New Zealand Australia Lebanon Chile South Africa Panama Hong Kong SAR Singapore Malta Finland Barbados Israel Brazil Namibia Mauritius Norway Peru Bahrain Saudi Arabia Trinidad and Tobago Costa Rica Slovak Republic Czech Republic India Sweden Luxembourg Oman Malawi Thailand Cyprus El Salvador Malaysia Colombia Guatemala Turkey Honduras Philippines Botswana France Switzerland Mexico Spain Swaziland Brunei Darussalam Top 46 North Qatar American banks 1 47 Jamaica Rank 48 Austria Company Market Cap (US$ B) 49 Uruguay United Wells Arab Fargo Emirates Jordan JP Morgan 52 Dominican Republic Senegal Citigroup Cape Verde Bank of America 55 Guyana Zambia RBC Italy Taiwan, TD China Tunisia As at Feb 60 10, China Source: Bloomberg 61 Egypt Paraguay RANK COUNTRY/ECONOMY n Largest bank in SCORE Canada*, 1 with MEAN: 5.1 C$ billion in 71 Mozambique total assets** and C$699.8 billion in assets under 72 Estonia administration** 73 Poland Kenya n #1 or #2 market share across all major financial products 75 Gambia, and The services Benin Japan n One of Canada s 50 Most Socially Responsible 78 Macedonia, Corporations FYR (Jantzi-Macleans Corporate Responsibility 79 Portugal Bolivia Report ) 81 Armenia n Selected as one of Canada s Top 100 Employers for Bangladesh (Mediacorp Canada Inc. annual survey of Canadian 83 Ecuador Cameroon businesses) Denmark Burkina * As measured Faso by market capitalization. Lithuania ** Figures as at Feb 10, Pakistan Madagascar RBC Strength and stability 90 Hungary Ethiopia n RBC has one of the highest credit ratings of any financial 92 Indonesia Nicaragua institution Moody s Aa1, Standard & Poor s AA and Fitch 94 Montenegro Ratings AA 95 Rwanda Vietnam n Consistently strong and stable with a high quality balance 97 Romania sheet, proactive risk management and a strong liquidity 98 Côte d Ivoire Korea, position Rep Bosnia n Named and Herzegovina to the Global 100: Most Sustainable Corporations 101 Cambodia Angola in the World in 2011 for the 7th consecutive year (World 103 Puerto Economic Rico Forum) 104 Netherlands n Recognized among the world s financial, social and 105 Bulgaria Moldova environmental corporate leaders for the 11th consecutive 107 Albania year on the 2011 Dow Jones Sustainability World Index 108 Lesotho Georgia n Committed to environmental and watershed protection 110 Slovenia in communities worldwide through the 10-year, 111 United States Germany C$50 million RBC Blue Water Project 113 Iran, Islamic Rep Azerbaijan Serbia Libya Top Global banks Nepal Timor-Leste Rank Company Market Cap (US$ B) 119 Tanzania Belgium ICBC Algeria HSBC 122 Nigeria Argentina Bank of China Mauritania RBC 125 Tajikistan Venezuela UBS Latvia Mali Royal Bank of Scotland Russian Federation Kyrgyz Republic Kazakhstan Chad...3.6

4 This document has been prepared for use by each of RBC Dominion Securities Inc. (RBC DS)*, RBC Dominion Securities Global Limited, RBC Investment Services (Asia) Limited, and RBC Investments Uruguay S.A. - Agente de Valores, foreign affiliates of RBC Dominion Securities Inc., all member companies of Royal Bank of Canada (the Member Companies ). The bank is a reporting issuer under applicable securities laws and is a related issuer of RBC DS. RBC Dominion Securities Global Limited is licensed by the Securities Commission of Barbados, the Securities Commission of the Bahamas and the Cayman Islands Monetary Authority to conduct securities investment business. RBC Investment Services (Asia) Limited is regulated by the Securities and Futures Commission (SFC) of Honk Kong. RBC Investments Uruguay S.A. is licensed by the Central Bank of Uruguay. You should carefully read any risk warnings or regulatory disclosures in this brochure or any other literature enclosed with this brochure or forwarded to you by Royal Bank of Canada, its subsidiaries or affiliates. Some of the services detailed in this brochure are not offered in all jurisdictions and may not be available to you. This document does not constitute an invitation to buy or the solicitation of an offer to sell securities or any other products or services in any jurisdiction to any person to whom it is unlawful to make such a solicitation in such jurisdiction. Consult with your financial advisor before making your investment decisions. Any products and/or services described in this brochure are provided by a variety of Royal Bank of Canada subsidiaries and offices, either independently or acting together, operating in a number of different jurisdictions. You should note that the applicable regulatory regime, including any investor protection or depositor compensation arrangements, may well be different from that of your home jurisdiction. This brochure is intended as general information only and is not intended as taxation, legal, investment or other professional advice. You should always obtain independent professional advice particular to your individual circumstances. Royal Bank of Canada, its affiliates and subsidiaries and their officers, directors, employees and agents are not responsible for and will not be liable to you or anyone else for any damages whatsoever (including direct, indirect, incidental, special, consequential, exemplary or punitive damages) arising out of or in connection with your reliance on the brochure, even if the Royal Bank of Canada, its affiliates or subsidiaries or their officers, directors, employees or agents have been advised of the possibility of these damages. The Member Companies and Royal Bank of Canada are all separate corporate entities which are affiliated. Outside of Canada, Investment Advisors are employees of one of the foreign affiliates of RBC Dominion Securities Inc. * Member-Canadian Investor Protection Fund Registered trademarks of Royal Bank of Canada. / Trademark(s) of Royal Bank of Canada. Used under licence. Copyright All rights reserved.

5 Global Disclaimers a) General/Umbrella Disclaimer i) English This brochure has been issued by Royal Bank of Canada on behalf of RBC companies that comprise the RBC Wealth Management network. Services outlined may be provided by a variety of subsidiaries and offices, either independently or acting together. Royal Bank of Canada is regulated by the Office of the Superintendent of Financial Institutions in Canada. You should carefully read any risk warnings or regulatory disclosures in this brochure or any other literature enclosed with this brochure or forwarded to you by Royal Bank of Canada, its subsidiaries or affiliates. Some of the services detailed in this brochure are not offered in all jurisdictions and may not be available to you. This document does not constitute an invitation to buy or the solicitation of an offer to sell securities or any other products or services in any jurisdiction to any person to whom it is unlawful to make such a solicitation in such jurisdiction. Consult with your financial advisor before making your investment decisions. Any products and/or services described in this brochure are provided by a variety of Royal Bank of Canada subsidiaries and offices, either independently or acting together, operating in a number of different jurisdictions. You should note that the applicable regulatory regime, including any investor protection or depositor compensation arrangements, may well be different from that of your home jurisdiction. This brochure is intended as general information only and is not intended as taxation, legal, investment or other professional advice. You should always obtain independent professional advice particular to your individual circumstances. Royal Bank of Canada, its affiliates and subsidiaries and their officers, directors, employees and agents are not responsible for and will not be liable to you or anyone else for any damages whatsoever (including direct, indirect, incidental, special, consequential, exemplary or punitive damages) arising out of or in connection with your reliance on the brochure, even if the Royal Bank of Canada, its affiliates or subsidiaries or their officers, directors, employees or agents have been advised of the possibility of these damages. Visit our web site: Registered trademark of Royal Bank of Canada. TM Trademark of Royal Bank of Canada. Used under licence. ii) Spanish Este folleto fue editado por Royal Bank of Canada en nombre de ciertas empresas de RBC que forman parte de la red internacional de RBC Wealth Management. Es posible que participe una variedad de subsidiarias y oficinas, en forma independiente o conjunta, en la prestación de los servicios que aquí se detallan. Royal Bank of Canada es reglamentada por la Office of the Superintendent of Financial Institutions (Superintendencia de Instituciones Financieras) de Canadá. Lea con atención las advertencias sobre riesgos o las declaraciones reglamentarias incluidas en el presente folleto o en cualquier otro material impreso adjunto al presente o enviado por el Royal Bank of Canada, sus subsidiarias o sus afiliadas.

6 Algunos de los servicios que se detallan en este folleto no se ofrecen en todas las jurisdicciones y pueden no estar a disposición del lector. Este documento no constituye una oferta ni una invitación para la compra de valores u otros productos o servicios en jurisdicción alguna con destino a persona alguna a la que sea ilegal realizar tal oferta o invitación en dicha jurisdicción. Consulte a su asesor financiero antes de tomar decision alguna respecto de sus inversiones. Los productos o servicios descritos en este folleto son ofrecidos, en forma independiente o conjunta, por diversas subsidiarias y oficinas del Royal Bank of Canada que operan en distintas jurisdicciones. Se ruega tomar nota de que el regimen reglamentario aplicable, incluyendo cualquier tipo de protección para el inversionista o esquema de compensación al depositante, puede ser distinto al régimen vigente en la jurisdicción de domicilio del lector. Este folleto se ofrece con fines meramente informativos y no a modo de asesoramiento impositivo, sobre inversiones o de otro tipo. Se recomienda al lector obtener siempre un asesoramiento profesional e independiente que se adapte a sus circunstancias personales. Ni el Royal Bank of Canada ni sus filiales y subsidiarias, ni sus respectivos funcionarios, directores, empleados y agentes, son ni serán responsables ante el lector o cualquier tercero por ningún daño o perjuicio (incluyendo daños directos, indirectos, incidentales, especiales, consecuenciales, ejemplares o punitivos) que surja en relación con la confianza que el lector deposite en el presente folleto, aun cuando se haya advertido al Royal Bank of Canada, a sus filiales o subsidiarias o a sus respectivos funcionarios, directores, empleados o agentes acerca de la posibilidad de dichos daños y perjuicios. Los productos y servicios de administración de inversiones que se describen en este folleto no constituyen depósitos bancarios, no cuentan con el seguro de la Federal Deposit Insurance Corporation o instituciones similares, pueden perder valor y no incluyen garantías bancarias. El desempeño pasado no es indicativo de resultados futuros. La exposición a monedas extranjeras puede llevar a un aumento de las fluctuaciones en el valor de cualquier inversión. Visite nuestro sitio web: Marca registrada del Royal Bank of Canada. Marca comercial del Royal Bank of Canada. Uso bajo licencia. iii) Portuguese Este material foi produzido pelo Royal Bank of Canada em nome de certas empresas RBC que fazem parte da rede do RBC Wealth Management. Os serviços aqui descritos podem ser oferecidos por várias subsidiárias e escritórios, isoladamente ou em conjunto. O Royal Bank of Canada é regulamentado pelo Office of the Superintendent of Financial Institutions no Canadá. Recomenda-se que o leitor lei com atenção todos os alertas sobre riscos e informações de natureza regulatória contidas neste impresso ou em materiais anexos encaminhados ao cliente pelo Royal Bank of Canada, suas subsidiárias ou afiliadas. Alguns dos serviços aqui descritos não são oferecidos em todas as jurisdições e podem não estar disponíveis para o cliente. Este documento não constitui convite à compra nem oferta de venda de títulos ou outros produtos ou serviços em qualquer jurisdição, a qualquer pessoa a quem seja illegal fazê-lo. Entre em contato com seu consultor financeiro antes de tomar decisões sobre investimentos. Todos os produtos e/ou serviços aqui descritos são fornecidos por várias subsidiárias e escritórios do Royal Bank of Canadá, isoladamente ou em conjunto, e essas instituições operam em jurisdições diversas. O leitor deve observar que as regulamentações cabíveis, inclusive destinadas à proteção do investidor ou indenização de depositantes pode diferir significativamente

7 de sua jurisdição de origem. Este impresso pretende servir para fins meramente informativos e não serve como orientação profissional tributária, legal ou de investimento. O cliente deve procurar sempre a orientação de um profissional independente adequada a suas circunstâncias individuais. O Royal Bank of Canada, suas afiliadas e subsidiárias, e os membros de seus conselhos de administração, diretores, funcionários e agentes não são responsáveis nem imputáveis perante o cliente ou terceiros por perdas e danos de qualquer natureza (inclusive diretos, indiretos, incidentes, especiais, conseqüentes, exemplares ou punitivos) decorrentes do fato do cliente confiar nas informações aqui contidas, mesmo que o Royal Bank of Canada, suas afiliadas e subsidiárias, e os membros de seus conselhos de administração, diretores, funcionários e agentes tenham sido previamente informados sobre a possibilidade dessas perdas e danos. Os produtos e serviços de gestão de investimento descritos neste impresso não são depósitos, nem estão cobertos por seguro da Federal Deposit Insurance Corporation nem outra instituição similar. Os mesmos podem perder valor e não contam com garantia bancária. Desempenhos passados não são, necessariamente, indicativos de desempenho futuro e exposições a moedas estrangeiras podem provocar flutuações adicionais no valor de qualquer investimento. Visite nosso site: Marca registrada do Royal Bank of Canada. TM Marca do Royal Bank of Canada. Uso sob licença.