TORONTO, Feb. 14,
2024 /CNW/ - RBC Global Asset Management Inc.
("RBC GAM Inc.") today announced February
2024 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
|
$0.038
|
RBC 1-5 Year Laddered
Corporate Bond ETF
|
RBO
|
$0.040
|
RBC Target 2024
Government Bond ETF
|
RGQL
|
$0.035
|
RBC Target 2025
Government Bond ETF
|
RGQN
|
$0.035
|
RBC Target 2026
Government Bond ETF
|
RGQO
|
$0.025
|
RBC Target 2027
Government Bond ETF
|
RGQP
|
$0.035
|
RBC Target 2028
Government Bond ETF
|
RGQQ
|
$0.040
|
RBC Target 2029
Government Bond ETF
|
RGQR
|
$0.040
|
RBC Target 2024
Corporate Bond Index ETF
|
RQL
|
$0.045
|
RBC Target 2025
Corporate Bond Index ETF
|
RQN
|
$0.045
|
RBC Target 2026
Corporate Bond Index ETF
|
RQO
|
$0.035
|
RBC Target 2027
Corporate Bond Index ETF
|
RQP
|
$0.045
|
RBC Target 2028
Corporate Bond Index ETF
|
RQQ
|
$0.052
|
RBC Target 2029
Corporate Bond Index ETF
|
RQR
|
$0.048
|
RBC Canadian Discount
Bond ETF
|
RCDB
|
$0.020
|
RBC PH&N Short Term
Canadian Bond ETF
|
RPSB
|
$0.045
|
RBC U.S. Discount Bond
ETF
|
RUDB
|
$0.034
|
RBC U.S. Discount Bond
ETF (USD Units)*
|
RUDB.U
|
$0.025
|
RBC U.S. Discount Bond
(CAD Hedged) ETF
|
RDBH
|
$0.035
|
RBC Short Term U.S.
Corporate Bond ETF
|
RUSB
|
$0.053
|
RBC Short Term U.S.
Corporate Bond ETF (USD Units)*
|
RUSB.U
|
$0.039
|
RBC Canadian Preferred
Share ETF
|
RPF
|
$0.090
|
RBC Quant Canadian
Dividend Leaders ETF
|
RCD
|
$0.085
|
RBC Canadian Dividend
Covered Call ETF
|
RCDC
|
$0.115
|
RBC Canadian Bank Yield
Index ETF
|
RBNK
|
$0.100
|
RBC Quant U.S. Dividend
Leaders ETF
|
RUD
|
$0.080
|
RBC Quant U.S. Dividend
Leaders ETF (USD Units)*
|
RUD.U
|
$0.059
|
RBC Quant U.S. Dividend
Leaders (CAD Hedged) ETF
|
RUDH
|
$0.060
|
RBC U.S. Dividend
Covered Call ETF
|
RUDC
|
$0.101
|
RBC U.S. Dividend
Covered Call ETF (USD Units)*
|
RUDC.U
|
$0.075
|
RBC U.S. Banks Yield
Index ETF
|
RUBY
|
$0.050
|
RBC U.S. Banks Yield
Index ETF (USD Units)*
|
RUBY.U
|
$0.037
|
RBC U.S. Banks Yield
(CAD Hedged) Index ETF
|
RUBH
|
$0.040
|
RBC Quant European
Dividend Leaders ETF
|
RPD
|
$0.070
|
RBC Quant European
Dividend Leaders ETF (USD Units)*
|
RPD.U
|
$0.052
|
RBC Quant European
Dividend Leaders (CAD Hedged) ETF
|
RPDH
|
$0.070
|
RBC Quant EAFE Dividend
Leaders ETF
|
RID
|
$0.075
|
RBC Quant EAFE Dividend
Leaders ETF (USD Units)*
|
RID.U
|
$0.056
|
RBC Quant EAFE Dividend
Leaders (CAD Hedged) ETF
|
RIDH
|
$0.080
|
RBC Quant Emerging
Markets Dividend Leaders ETF
|
RXD
|
$0.060
|
RBC Quant Emerging
Markets Dividend Leaders ETF (USD
Units)*
|
RXD.U
|
$0.044
|
* Cash distribution per
unit ($) amounts are USD for RUDB.U, RUSB.U, RUD.U, RUDC.U,
RUBY.U, RPD.U, RID.U, and RXD.U
|
Unitholders of record on February 22,
2024 will receive distributions payable on February 29, 2024.
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 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 2024 Government Bond ETF, RBC Target 2025 Government
Bond ETF, RBC Target 2026 Government Bond ETF, RBC Target 2027
Government Bond ETF, RBC Target 2028 Government Bond ETF and RBC
Target 2029 Government Bond ETF (collectively, the "TMGB ETFs"),
and 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 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.
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.