TORONTO, Aug. 17, 2022 /CNW/ - RBC Global Asset Management Inc. ("RBC GAM Inc.") today announced August 2022 cash distributions for unitholders of RBC ETFs, as follows: RBC (CNW Group/RBC Global Asset Management Inc.)
FUND NAME FUND TICKER CASH DISTRIBUTION PER UNIT RBC 1-5 YearLaddered Canadian BondETF RLB $0.038 RBC 1-5 YearLaddered Corporate BondETF RBO $0.040 RBC Target 2022 Corporate Bond IndexETF RQJ $0.025 RBC Target 2023 Corporate Bond IndexETF RQK $0.039 RBC Target 2024 Corporate Bond IndexETF RQL $0.043 RBC Target 2025 Corporate Bond IndexETF RQN $0.043 RBC Target 2026 Corporate Bond IndexETF RQO $0.027 RBC Target 2027 Corporate Bond IndexETF RQP $0.039 RBC Canadian Discount BondETF RCDB $0.020 RBC PH&N Short Term Canadian BondETF RPSB $0.031 RBC Short Term U.S. Corporate BondETF RUSB $0.040 RBC Short Term U.S. Corporate BondETF (USD Units)* RUSB.U $0.031 RBC Canadian Preferred ShareETF RPF $0.087 RBCQuant Canadian Dividend LeadersETF RCD $0.085 RBC Canadian Bank Yield IndexETF RBNK $0.085 RBCQuant U.S. Dividend LeadersETF RUD $0.080 RBCQuant U.S. Dividend LeadersETF (USD Units)* RUD.U $0.062 RBCQuant U.S. Dividend Leaders (CAD Hedged)ETF RUDH $0.072 RBC U.S. Banks Yield IndexETF RUBY $0.045 RBC U.S. Banks Yield IndexETF (USD Units)* RUBY.U $0.035 RBC U.S. Banks Yield (CAD Hedged) IndexETF RUBH $0.045 RBCQuant European Dividend LeadersETF RPD $0.070 RBCQuant European Dividend LeadersETF (USD Units)* RPD.U $0.054 RBCQuant European Dividend Leaders (CAD Hedged)ETF RPDH $0.090 RBCQuantEAFE Dividend LeadersETF RID $0.080 RBCQuantEAFE Dividend LeadersETF (USD Units)* RID.U $0.062 RBCQuantEAFE Dividend Leaders (CAD Hedged)ETF RIDH $0.110 RBCQuant Emerging Markets Dividend LeadersETF RXD $0.050 RBCQuant Emerging Markets Dividend LeadersETF (USD Units)* RXD.U $0.039
* Cash distribution per unit ($) amounts are USD for RUSB.U, RUD.U, RUBY.U, RPD.U, RID.U, and RXD.U
Unitholders of record on August 24, 2022 will receive distributions payable on August 31, 2022.
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.
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 89,000+ 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 $560 billion in assets and have approximately 1,500 employees located across Canada, the United States, Europe and Asia.
SOURCE RBC Global Asset Management Inc. Cision
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RBC Global Asset Management Inc. announces RBC ETF cash distributions for August 2022
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