RBC Global Asset Management Inc. announces RBC ETF cash distributions for March 2024
TORONTO, March 14, 2024 /CNW/ - RBC Global Asset Management Inc. ("RBC GAM Inc.") today announced March 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
$0.040
RBC 1-5 Year Laddered Corporate Bond ETF
RBO
$0.040
RBC Target 2024 Government Bond ETF
RGQL
$0.030
RBC Target 2025 Government Bond ETF
RGQN
$0.030
RBC Target 2026 Government Bond ETF
RGQO
$0.022
RBC Target 2027 Government Bond ETF
RGQP
$0.033
RBC Target 2028 Government Bond ETF
RGQQ
$0.039
RBC Target 2029 Government Bond ETF
RGQR
$0.038
RBC Target 2024 Corporate Bond Index ETF
RQL
$0.050
RBC Target 2025 Corporate Bond Index ETF
RQN
$0.050
RBC Target 2026 Corporate Bond Index ETF
RQO
$0.040
RBC Target 2027 Corporate Bond Index ETF
RQP
$0.050
RBC Target 2028 Corporate Bond Index ETF
RQQ
$0.055
RBC Target 2029 Corporate Bond Index ETF
RQR
$0.055
RBC Canadian Discount Bond ETF
RCDB
$0.030
RBC PH&N Short Term Canadian Bond ETF
RPSB
$0.055
RBC U.S. Discount Bond ETF
RUDB
$0.035
RBC U.S. Discount Bond ETF (USD Units)*
RUDB.U
$0.026
RBC U.S. Discount Bond (CAD Hedged) ETF
RDBH
$0.035
RBC Short Term U.S. Corporate Bond ETF
RUSB
$0.060
RBC Short Term U.S. Corporate Bond ETF (USD Units)*
RUSB.U
$0.045
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
$0.065
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
$0.055
RBC U.S. Banks Yield Index ETF (USD Units)*
RUBY.U
$0.041
RBC U.S. Banks Yield (CAD Hedged) Index ETF
RUBH
$0.045
RBC Quant European Dividend Leaders ETF
RPD
$0.065
RBC Quant European Dividend Leaders ETF (USD Units)*
RPD.U
$0.048
RBC Quant European Dividend Leaders (CAD Hedged) ETF
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
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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.