TORONTO, Jan. 16, 2014 /CNW/ - RBC Global Asset Management Inc. today
announced January 2014 distributions for unitholders of RBC Target
Maturity Corporate Bond ETFs.
RBC Target Maturity Corporate Bond ETF monthly cash distributions for
January are as follows:
FUND NAME
|
FUND
TICKER
|
CASH
DISTRIBUTION
PER UNIT ($)
|
RBC Target 2014 Corporate Bond Index ETF
|
RQB
|
$0.069
|
RBC Target 2015 Corporate Bond Index ETF
|
RQC
|
$0.055
|
RBC Target 2016 Corporate Bond Index ETF
|
RQD
|
$0.054
|
RBC Target 2017 Corporate Bond Index ETF
|
RQE
|
$0.059
|
RBC Target 2018 Corporate Bond Index ETF
|
RQF
|
$0.054
|
RBC Target 2019 Corporate Bond Index ETF
|
RQG
|
$0.064
|
RBC Target 2020 Corporate Bond Index ETF
|
RQH
|
$0.062
|
RBC Target 2021 Corporate Bond Index ETF
|
RQI
|
$0.057
|
Unitholders of record on January 27, 2014 will receive distributions
payable on January 31, 2014. The ex-dividend date is January 23, 2014.
RBC Quant Dividend Leaders ETFs and RBC 1-5 Year Laddered Corporate Bond
ETF, launched Wednesday, January 15, 2014, will announce monthly cash
distributions starting February 2014.
For further information regarding RBC ETFs, please visit www.rbcgam.com/etfs.
About RBC Global Asset Management and RBC Wealth Management
RBC Global Asset Management (RBC GAM) is the asset management division of Royal Bank of Canada
(RBC), and includes institutional money managers BlueBay Asset
Management, Phillips, Hager & North Investment Management and RBC
Global Asset Management (U.S.). RBC GAM is a provider of global
investment management services and solutions to individual,
high-net-worth and institutional investors through exchange-traded
funds, hedge funds, mutual funds, pooled funds, separate accounts and
specialty investment strategies. RBC GAM group of companies manage more
than $300 billion in assets and have approximately 1,100 employees
located across Canada, the United States, Europe and Asia.
RBC Global Asset Management is part of RBC Wealth Management, which is one of the world's top 10 largest wealth managers*. RBC
Wealth Management directly serves affluent, high-net-worth and
ultra-high net worth clients in Canada, the United States, Latin
America, Europe, the Middle East, Africa, and Asia with a full suite of
banking, investment, trust and other wealth management solutions. The
business also provides asset management products and services directly
and through RBC and third party distributors to institutional and
individual clients, through its RBC Global Asset Management business
(which includes BlueBay Asset Management). RBC Wealth Management has
more than C$639 billion of assets under administration, more than C$387
billion of assets under management and over 4,400 financial
consultants, advisors, private bankers, and trust officers. For more
information, please visit www.rbcwealthmanagement.com.
*Scorpio Partnership Global Private Banking KPI Benchmark 2013. In the
United States, securities are offered through RBC Wealth Management, a
division of RBC Capital Markets, LLC, a wholly owned subsidiary of
Royal Bank of Canada. Member NYSE/FINRA/SIPC.
SOURCE RBC