iShares S&P TSX 60 Index ETF Added to RBC Direct Investing’s Commission-Free Lineup

2 min read | July 03, 2025 03:17 AM AEST | By Team Kalkine Media

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iShares S&P TSX 60 Index ETF Added to RBC Direct Investing’s Commission-Free Lineup — Image source: Shutterstock

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Highlights

RBC Direct Investing introduces commission-free trading for select iShares ETFs.

The platform removes its quarterly account maintenance fee across all account sizes.

Competitive pressure increases among Canadian brokerages offering low-fee structures.

ishares s&p tsx 60 index etf is now part of the commission-free suite available through RBC Direct Investing, reflecting changes in the Canadian online brokerage space. The inclusion of this fund, alongside other iShares products, marks a notable shift in how digital platforms position themselves in a highly competitive environment focused on low-cost access to exchange-traded products.

RBC Direct Investing has aligned with a growing list of Canadian brokerages revising their fee structures. Several domestic and international trading platforms have expanded their presence, offering digital access and reduced or zero commission options on equity and ETF transactions.

The brokerage now allows trades on a selection of iShares ETFs without charging transaction fees. These products span equity, bond, and multi-asset classes, focusing on passive index strategies. The move supports streamlined access to low-fee funds managed by iShares, a division of BlackRock.

Previously known for one of the highest commission charges in the country, RBC Direct Investing has adjusted its offering to remain competitive. In addition to removing trade fees on designated ETFs, the platform has eliminated its quarterly maintenance fee. The decision applies across all accounts, regardless of size or activity level.

Clients transferring from other platforms are eligible for reimbursement of certain fees, reinforcing RBC’s objective of retaining and expanding its user base. The overall initiative aligns with wider industry changes prioritizing cost efficiency and access to ETF-based portfolio construction tools.

RBC’s commission-free offering applies exclusively to funds from its distribution partner, iShares. The selected ETFs cover Canadian and global markets and serve as tools for diversified asset exposure. The focus remains on index-tracking vehicles catering to broad and sector-specific strategies.

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