TORONTO, Dec. 21,
2022 /CNW/ - RBC Global Asset Management Inc.
(RBC GAM Inc.) today announced December
2022 cash distributions for unitholders of RBC ETFs, as
follows:
FUND
NAME
|
FUND
TICKER
|
CASH
DISTRIBUTION
PER UNIT
|
RBC 1-5 Year Laddered
Canadian Bond ETF
|
RLB
|
$0.040
|
RBC 1-5 Year Laddered
Corporate Bond ETF
|
RBO
|
$0.040
|
RBC Target 2023
Corporate Bond Index ETF
|
RQK
|
$0.040
|
RBC Target 2024
Corporate Bond Index ETF
|
RQL
|
$0.040
|
RBC Target 2025
Corporate Bond Index ETF
|
RQN
|
$0.040
|
RBC Target 2026
Corporate Bond Index ETF
|
RQO
|
$0.030
|
RBC Target 2027
Corporate Bond Index ETF
|
RQP
|
$0.040
|
RBC Target 2028
Corporate Bond Index ETF
|
RQQ
|
$0.040
|
RBC Target 2029
Corporate Bond Index ETF
|
RQR
|
$0.040
|
RBC Canadian Discount
Bond ETF
|
RCDB
|
$0.020
|
RBC PH&N Short Term
Canadian Bond ETF
|
RPSB
|
$0.044
|
RBC Short Term U.S.
Corporate Bond ETF
|
RUSB
|
$0.041
|
RBC Short Term U.S.
Corporate Bond ETF (USD Units)*
|
RUSB.U
|
$0.030
|
RBC Canadian Preferred
Share ETF
|
RPF
|
$0.090
|
RBC Quant Canadian
Dividend Leaders ETF
|
RCD
|
$0.070
|
RBC Quant Canadian
Equity Leaders ETF
|
RCE
|
$0.156
|
RBC Vision Women's
Leadership MSCI Canada Index ETF
|
RLDR
|
$0.150
|
RBC Canadian Bank Yield
Index ETF
|
RBNK
|
$0.095
|
RBC Quant U.S. Dividend
Leaders ETF
|
RUD
|
$0.070
|
RBC Quant U.S. Dividend
Leaders ETF (USD Units)*
|
RUD.U
|
$0.051
|
RBC Quant U.S. Dividend
Leaders (CAD Hedged) ETF
|
RUDH
|
$0.060
|
RBC U.S. Banks Yield
Index ETF
|
RUBY
|
$0.045
|
RBC U.S. Banks Yield
Index ETF (USD Units)*
|
RUBY.U
|
$0.033
|
RBC U.S. Banks Yield
(CAD Hedged) Index ETF
|
RUBH
|
$0.045
|
RBC Quant U.S. Equity
Leaders ETF
|
RUE
|
$0.111
|
RBC Quant U.S. Equity
Leaders ETF (USD Units)*
|
RUE.U
|
$0.081
|
RBC Quant U.S. Equity
Leaders (CAD Hedged) ETF
|
RUEH
|
$0.089
|
RBC Quant European
Dividend Leaders ETF
|
RPD
|
$0.053
|
RBC Quant European
Dividend Leaders ETF (USD Units)*
|
RPD.U
|
$0.039
|
RBC Quant European
Dividend Leaders (CAD Hedged) ETF
|
RPDH
|
$0.072
|
RBC Quant EAFE Dividend
Leaders ETF
|
RID
|
$0.070
|
RBC Quant EAFE Dividend
Leaders ETF (USD Units)*
|
RID.U
|
$0.051
|
RBC Quant EAFE Dividend
Leaders (CAD Hedged) ETF
|
RIDH
|
$0.081
|
RBC Quant EAFE Equity
Leaders ETF
|
RIE
|
$0.196
|
RBC Quant EAFE Equity
Leaders ETF (USD Units)*
|
RIE.U
|
$0.144
|
RBC Quant EAFE Equity
Leaders (CAD Hedged) ETF
|
RIEH
|
$0.267
|
RBC Quant Emerging
Markets Dividend Leaders ETF
|
RXD
|
$0.083
|
RBC Quant Emerging
Markets Dividend Leaders ETF (USD
Units)*
|
RXD.U
|
$0.061
|
RBC Quant Emerging
Markets Equity Leaders ETF
|
RXE
|
$0.100
|
RBC Quant Emerging
Markets Equity Leaders ETF (USD
Units)*
|
RXE.U
|
$0.073
|
* Cash distribution per
unit ($) amounts are USD for RUSB.U, RUD.U, RUE.U, RUBY.U, RPD.U,
RID.U, RIE.U, RXD.U, and RXE.U
|
Unitholders of record on December 30,
2022 will receive distributions payable on January 9, 2023.
Please note that the above cash distributions do not include the
annual reinvested capital gains distributions for 2022, which are
reported separately.
The actual taxable amounts of cash and reinvested distributions
for 2022, including the tax characteristics of the distributions,
will be reported to brokers (through CDS Clearing and Depository
Services) in early 2023.
For further information regarding RBC ETFs, please visit
www.rbcgam.com/etfsolutions.
Commissions, management fees and expenses all may be associated
with investments in exchange-traded funds ("ETFs"). Please read the
applicable prospectus or ETF Facts document before investing. ETFs
are not guaranteed, their values change frequently and past
performance may not be repeated. ETF units are bought and sold at
market price on a stock exchange and brokerage commissions will
reduce returns. RBC ETFs do not seek to return any predetermined
amount at maturity. Index returns do not represent RBC ETF returns.
RBC ETFs are managed by RBC GAM Inc., a member of the RBC GAM group
of companies and an indirect wholly-owned subsidiary of Royal Bank
of Canada.
RBC Target 2023 Corporate Bond Index ETF, RBC Target 2024
Corporate Bond Index ETF, RBC Target 2025 Corporate Bond Index ETF,
RBC Target 2026 Corporate Bond Index ETF, RBC Target 2027 Corporate
Bond Index ETF, RBC Target 2028 Corporate Bond Index ETF and RBC
Target 2029 Corporate Bond Index ETF (collectively, the "TMCB
ETFs") do not seek to deliver a predetermined amount at maturity,
and the amount an investor receives may be more or less than their
original investment. The TMCB ETFs have been developed solely by
RBC GAM Inc., and are not in any way connected to or sponsored,
endorsed, sold or promoted by the London Stock Exchange Group plc
and its group undertakings (collectively, the "LSE Group").
All rights in the FTSE Canada 2023 Maturity Corporate Bond
Index, FTSE Canada 2024 Maturity Corporate Bond Index, FTSE Canada
2025 Maturity Corporate Bond Index, FTSE Canada 2026 Maturity
Corporate Bond Index, FTSE Canada 2027 Maturity Corporate Bond
Index, FTSE Canada 2028 Maturity Corporate Bond Index and FTSE
Canada 2029 Maturity Corporate Bond Index (collectively, the
"FTSE Maturity Corporate Bond Indices") vest in the relevant LSE
Group company which owns the FTSE Maturity Corporate Bond Indices.
"FTSE®" is a trade mark of the relevant LSE Group company and is
used by any other LSE Group company under license.
The FTSE Maturity Corporate Bond Indices are calculated by or on
behalf of FTSE Global Debt Capital Markets Inc. or its affiliate,
agent or partner. The LSE Group does not accept any liability
whatsoever to any person arising out of (a) the use of, reliance on
or any error in the FTSE Maturity Corporate Bond Indices or (b)
investment in or operation of the TMCB ETFs. The LSE Group makes no
claim, prediction, warranty or representation either as to the
results to be obtained from the TMCB ETFs or the suitability of the
FTSE Maturity Corporate Bond Indices for the purpose to which they
are being put by RBC GAM Inc.
The RBC Canadian Bank Yield Index ETF, RBC U.S. Banks Yield
Index ETF, and RBC U.S. Banks Yield (CAD Hedged) Index ETF have
been developed solely by RBC GAM Inc. and are not sponsored,
promoted, sold or supported by Solactive AG ("Solactive"). The
Solactive Canada Bank Yield Index, Solactive U.S. Bank Yield NTR
Index and Solactive U.S. Bank Yield NTR (CAD Hedged) Index are
calculated and published by Solactive. Solactive does not offer any
express or implicit guarantee or assurance regarding the results to
be obtained from the use of the index or index price nor does
Solactive make any representation regarding the advisability of
investing in the ETFs.
The RBC Vision Women's Leadership MSCI Canada Index ETF is not
sponsored, endorsed or promoted by MSCI Inc. ("MSCI"), and MSCI
bears no liability with respect to the ETF or any index on which
the ETF is based. The prospectus of RBC Vision Women's Leadership
MSCI Canada Index ETF contains a more detailed description of the
limited relationship MSCI has with RBC GAM Inc. and the ETF.
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 95,000+ 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 Asset Management 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 $540 billion in
assets and have approximately 1,500 employees located across
Canada, the United States, Europe and Asia.
SOURCE RBC Global Asset Management Inc.