Www.royalfidelity.com The Royal Fidelity Multi Employer Pension Plan.

www.royalfidelity.com

The Royal Fidelity Multi Employer Pension Plan


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

Who We are

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Key Services

• Corporate Finance

• Investment Management

• Pension Administration

• Trading & Brokerage Services

• Mutual Fund Administration

• Trusts & Estate Planning


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


ROYAL FIDELITY

MULTI EMPLOYER

PENSION PLAN

Company

A

Company

B

Company

C

Company

Z

Individuals

• One set of rules •Unless participation agreement has a different set of rules

• 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

How the Plan Works


Key Features

• Eligibility – Both Individuals & Companies

• Portability Feature

• Flexible Investment Options

• Administrative Solutions

• Fees, Costs and Time


PORTABILITY FEATURE

Job 1 Job 2 Job 3

Reti

rem

en

t

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

CareerStart


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


SELECT BALANCED FUND

Period

Rate of

Return

1 Year 9.44%

3 month 10.02%

*5 Years CAGR 3.44%


PREMIUM INCOME FUND

Period

Rate of

Return

1 Year 4.63%

3 Months 0.6%

Inception 6.68%


STRATEGIC GROWTH FUND

Period

Rate of

Return

1 Year -3.73%

3 Months -0.42%

Inception -5.33%


Risk vs. Return


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


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


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


Questions and Answers

Thank You!

Www.royalfidelity.com The Royal Fidelity Multi Employer Pension Plan.

Documents

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plan participants

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plan reviews

plan works

multi employer plan

plan trustee fees