When you set up your Group RRSP account, you’re given the option to choose between our Standard, Socially Responsible or Halal portfolios.
Each of these contain a mix of low-risk fixed income holdings (e.g. government and corporate bonds, gold) and high-growth equity holdings (e.g. US, Canadian and global ETFs). The ratio of this mix is based on your risk level (an assigned number within conservative, balanced or growth), which the setup questionnaire helps you determined by asking about your financial goals, time horizon, risk tolerance, past investment experience and level of investment knowledge.
The higher the risk level, the more equity holdings there will be in your portfolio. The lower the risk level, the more fixed income.