TORONTO, March 28, 2024 /CNW/ - RBC Global Asset
Management Inc. ("RBC GAM Inc.") today announced March 2024 cash distributions for unitholders of
ETF Series of RBC Funds, as follows:
FUND
NAME
|
FUND
TICKER
|
CASH
DISTRIBUTION
PER UNIT
|
RBC Canadian Equity
Income Fund - ETF Series
|
RCEI
|
$0.062
|
RBC Emerging Markets
Dividend Fund - ETF Series
|
REMD
|
$0.000
|
Unitholders of record on April 5,
2024, will receive distributions payable on April 12, 2024.
For further information regarding ETF Series of RBC Funds,
please visit www.rbcgam.com/etfsolutions.
Commissions, management fees and expenses all may be associated
with investments in mutual funds and exchange-traded fund (ETFs).
Please read the applicable ETF Facts or prospectus before
investing. Mutual funds and ETFs are not guaranteed, their values
change frequently and past performance may not be repeated. ETF
Series is a class of securities offered by a conventional mutual
fund however, unlike conventional mutual fund series, ETF Series
are bought and sold at market price on a stock exchange like an
ETF. Brokerage commissions will reduce returns. RBC Funds are
managed by RBC Global Asset Management Inc., which is a member of
the RBC GAM group of companies and an indirect wholly-owned
subsidiary of Royal Bank of Canada.
About RBC
Royal Bank of Canada is a
global financial institution with a purpose-driven, principles-led
approach to delivering leading performance. Our success comes from
the 94,000+ employees who leverage their imaginations and insights
to bring our vision, values and strategy to life so we can help our
clients thrive and communities prosper. As Canada's biggest bank, and one of the largest
in the world based on market capitalization, we have a diversified
business model with a focus on innovation and providing exceptional
experiences to our 17 million clients in Canada, the U.S. and 27 other countries. Learn
more at rbc.com.
We are proud to support a broad range of community initiatives
through donations, community investments and employee volunteer
activities. See how at rbc.com/community-social-impact.
About RBC Global Asset
Management
RBC Global Asset Management (RBC GAM) is the asset
management division of Royal Bank of Canada (RBC) and includes money managers
BlueBay and Phillips, Hager & North Investment Management. RBC
GAM is a provider of global investment management services and
solutions to institutional, high-net-worth and individual investors
through separate accounts, pooled funds, mutual funds, hedge funds,
exchange-traded funds and specialty investment strategies. The RBC
GAM group of companies manage approximately $575 billion in assets and have approximately
1,500 employees located across Canada, the United
States, Europe and
Asia.
SOURCE RBC Global Asset Management Inc.