1. The Royal Fidelity Multi Employer Pension Plan

2. Who We are +
Key Facts:
50/50 Joint Venture between Fidelity and RBC completed in Dec, 07
Operations in the Bahamas (since 1997) and Barbados (Dec, 07)
Comprehensive range of domestic and international investment banking and wealth management services
Manage and administer in excess of US$1.3 Billion in assets
Use local intelligence and a global perspective to provide innovative, objective and well rounded solutions
Active and well respected participant in the communities we serve
Trusted advisers in Barbados market for more than 30 years through RBC Investment & Trust division

3. Key Services
Corporate Finance
Investment Management
Pension Administration
Trading & Brokerage Services
Mutual Fund Administration
Trusts & Estate Planning

4. Our Multi Employer Plan
Registered last November just ahead of the passing of the Occupational Pension Benefits Act
Been in existence in the Bahamas for 8 years
Six Thousand Lives and nearly 100 Companies
Incredibly simple structure that solves many of the problems now present with the new Act
Online Access
Administration Provided through Penad system

5. How the Plan Works Company A CompanyB
Participation Agreements allow for different rules for each participant
Varying contributions
Varying vesting periods
One Plan so ones set of fees
One registration
One Audit
ROYAL FIDELITY
MULTI EMPLOYER
PENSION PLAN
Company C
One set of rules
Unless participation agreement has a different set of rules
Company Z
Individuals

6. Key Features
Eligibility – Both Individuals & Companies
Portability Feature
Flexible Investment Options
Administrative Solutions
Fees, Costs and Time

7. Job 1 Job 2 Job 3 PORTABILITY FEATURE
Retirement
Career
Start
Job 1
Job 2
Job 3
Upon termination/resignation from Employer, Plan Participants can opt to change status to Individual member or transfer investments into a Royal Fidelity Personal Pension Plan Account

8. FLEXIBLE INVESTMENT OPTIONS
The Plan allows Participants to choose one or a combination of the following funds for investment of the employee, employer and voluntary contributions. These funds have proven track records and are managed by our professional investment managers:
Portfolios options:
Royal Fidelity Select Balanced Plan
Royal Fidelity Premium Income Fund
Royal Fidelity Strategic Growth Fund

9. SELECT BALANCED FUND Period 9.44% 10.02% 3.44% Rate of Return 1 Year
3 month
10.02%
*5 Years
CAGR
3.44%

10. PREMIUM INCOME FUND Period 4.63% 0.6% 6.68% Rate of Return 1 Year
3 Months
0.6%
Inception
6.68%

11. STRATEGIC GROWTH FUND Period -3.73% -0.42% -5.33% Rate of Return
1 Year
-3.73%
3 Months
-0.42%
Inception
-5.33%

12. Risk vs. Return

13. Administrative Solutions
Comprehensive Recordkeeping Support and Reporting
Quarterly Member Statements
Efficient Benefit Payments to Plan Participants
Expert Plan Consulting services, including plan reviews and compliance services
State of the Art Technology – Online Capabilities
Extensive Education & Communication Program

14. Consultation through Implementation
Review of current benefit structure & investment make-up
Assess the needs of both employer & employees
Discuss important considerations:
Eligibility requirements
Contribution levels
Vesting schedule
Loan/Withdrawals availability etc
Conducting onsite meetings with employees to introduce plan, explain features and complete enrollment forms
Customizing the Plan features to meet special requirements

15. Fees
No Set Up Fees
Annual administrative fee of 1% of the net asset value of the plan
Trustee Fees 0% per annum
Custodian Fees 0% per annum
Investment Management Fees: 0% per annum

16. Questions and Answers
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