TORONTO, Dec. 30,
2022 /CNW/ - RBC Global Asset Management Inc. ("RBC
GAM Inc.") today announced the final 2022 annual reinvested capital
gains distribution amounts for unitholders of RBC ETFs.
The annual capital gains distributions for the RBC ETFs
generally represent net realized capital gains within the RBC ETFs
and are typically not paid in cash, but are reinvested in
additional units of the respective RBC ETF. The additional units
will be immediately consolidated with the previously outstanding
units such that the number of outstanding units following the
distribution will equal the number of units outstanding prior to
the distribution. The reinvested capital gains distributions will
increase the unitholder's adjusted cost base for the respective RBC
ETF.
Unitholders of record as of December 30,
2022 will receive the 2022 annual reinvested capital gains
distribution amounts. The taxable amounts of reinvested and cash
distributions for 2022, including the tax characteristics of the
distributions, will be reported to brokers (through CDS Clearing
and Depository Services Inc.) in early 2023.
The 2022 annual reinvested capital gains distribution amounts
per unit for the RBC ETFs are as follows:
FUND
NAME
|
FUND
TICKER
|
2022
ANNUAL
REINVESTED
CAPITAL
GAINS PER
UNIT
|
RBC 1-5 Year Laddered
Canadian Bond ETF
|
RLB
|
$0.000
|
RBC 1-5 Year Laddered
Corporate Bond ETF
|
RBO
|
$0.000
|
RBC Target 2023
Corporate Bond Index ETF
|
RQK
|
$0.000
|
RBC Target 2024
Corporate Bond Index ETF
|
RQL
|
$0.000
|
RBC Target 2025
Corporate Bond Index ETF
|
RQN
|
$0.000
|
RBC Target 2026
Corporate Bond Index ETF
|
RQO
|
$0.000
|
RBC Target 2027
Corporate Bond Index ETF
|
RQP
|
$0.000
|
RBC Target 2028
Corporate Bond Index ETF
|
RQQ
|
$0.000
|
RBC Target 2029
Corporate Bond Index ETF
|
RQR
|
$0.000
|
RBC Canadian Discount
Bond ETF
|
RCDB
|
$0.000
|
RBC PH&N Short Term
Canadian Bond ETF
|
RPSB
|
$0.000
|
RBC Short Term U.S.
Corporate Bond ETF
|
RUSB
|
$0.000
|
RBC Short Term U.S.
Corporate Bond ETF (USD Units)*
|
RUSB.U
|
$0.000
|
RBC Canadian Preferred
Share ETF
|
RPF
|
$0.000
|
RBC Quant Canadian
Dividend Leaders ETF
|
RCD
|
$1.433
|
RBC Quant Canadian
Equity Leaders ETF
|
RCE
|
$0.780
|
RBC Vision Women's
Leadership MSCI Canada Index ETF
|
RLDR
|
$0.776
|
RBC Canadian Bank Yield
Index ETF
|
RBNK
|
$0.821
|
RBC Quant U.S. Dividend
Leaders ETF
|
RUD
|
$1.243
|
RBC Quant U.S. Dividend
Leaders ETF (USD Units)*
|
RUD.U
|
$0.913
|
RBC Quant U.S. Dividend
Leaders (CAD Hedged) ETF
|
RUDH
|
$0.000
|
RBC U.S. Banks Yield
Index ETF
|
RUBY
|
$0.000
|
RBC U.S. Banks Yield
Index ETF (USD Units)*
|
RUBY.U
|
$0.000
|
RBC U.S. Banks Yield
(CAD Hedged) Index ETF
|
RUBH
|
$0.000
|
RBC Quant U.S. Equity
Leaders ETF
|
RUE
|
$0.451
|
RBC Quant U.S. Equity
Leaders ETF (USD Units)*
|
RUE.U
|
$0.332
|
RBC Quant U.S. Equity
Leaders (CAD Hedged) ETF
|
RUEH
|
$0.000
|
RBC Quant European
Dividend Leaders ETF
|
RPD
|
$0.000
|
RBC Quant European
Dividend Leaders ETF (USD Units)*
|
RPD.U
|
$0.000
|
RBC Quant European
Dividend Leaders (CAD Hedged) ETF
|
RPDH
|
$0.000
|
RBC Quant EAFE Dividend
Leaders ETF
|
RID
|
$0.000
|
RBC Quant EAFE Dividend
Leaders ETF (USD Units)*
|
RID.U
|
$0.000
|
RBC Quant EAFE Dividend
Leaders (CAD Hedged) ETF
|
RIDH
|
$0.309
|
RBC Quant EAFE Equity
Leaders ETF
|
RIE
|
$0.000
|
RBC Quant EAFE Equity
Leaders ETF (USD Units)*
|
RIE.U
|
$0.000
|
RBC Quant EAFE Equity
Leaders (CAD Hedged) ETF
|
RIEH
|
$0.788
|
RBC Quant Emerging
Markets Dividend Leaders ETF
|
RXD
|
$0.000
|
RBC Quant Emerging
Markets Dividend Leaders ETF (USD Units)*
|
RXD.U
|
$0.000
|
RBC Quant Emerging
Markets Equity Leaders ETF
|
RXE
|
$0.000
|
RBC Quant Emerging
Markets Equity Leaders ETF (USD Units)*
|
RXE.U
|
$0.000
|
* Annual reinvested
capital gains distribution per unit ($) amounts are USD for RUSB.U,
RUD.U,
RUBY.U, RUE.U, RPD.U, RID.U, RIE.U, RXD.U, and RXE.U
|
For further information regarding RBC ETFs, please visit
www.rbcgam.com/etfsolutions.
All values are expressed in Canadian dollars, unless otherwise
indicated. This information is not intended to provide legal,
accounting, tax, investment, financial or other advice, and should
not be relied upon for providing such advice. Please speak with
your investment advisor for more information.
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 Inc.) 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.