RBC Business Segments and Market Strategy slide image

RBC Business Segments and Market Strategy

Wealth Management - Global Asset Management Building a high-performing global asset management business ■ Driving top-tier profitability in our largest Wealth Management business " - $383BN in client assets, generating over 52% of RBC Wealth Management earnings in Q1/2016. Investor asset mix of 44% Individual / 56% Institutional client assets - Top 50 global asset manager by AUM (1) Extending our lead in Canada - Largest fund company in Canada with 14.5% market share (2) Third largest institutional pension asset manager in Canada (3) Delivering strong investment capabilities to support growth - Top performing investment firm with 68% of AUM outperforming the benchmark on a 3-year basis (4) Broadened suite of investment strategies enhancing Canadian offering Continued growth of U.S. and international institutional clients in select U.S. and global investment capabilities Above industry average AUM growth (5) RBC GAM Industry Diversifying our asset mix AUM by Client Segment ($BN) (6) 29% 12% 9% 8% 28% 27% 23% 13% Hi (1%)1% 11% RBC $383 20% ■International Institutional 14% ■U.S. Institutional 22% ■Canadian Institutional 8% $86 44% ■Canadian Retail 100% 2007 Q1/2016 2009 Business segments 2010 2011 2012 2013 2014 (1) Pensions and Investments, as of December 31, 2014. (2) Investment Funds Institute of Canada (IFIC) as at December 2015. (3) Benefits Canada as at November 12, 2015. (4) As at December 2015. Performance gross of fees. (5) Boston Consulting Group, McKinsey. AUM of RBC GAM acquisitions deducted in year of acquisition, and thereafter. (6) RBC GAM. 15
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