TORONTO, April 8, 2022 /CNW/ - RBC Global Asset Management Inc. ("RBC GAM Inc.") today announced the final valuation of the RBC BlueBay Global Diversified Income (CAD-Hedged) ETF (TSX: RBDI).
As announced earlier this year, and following the delisting of the RBC BlueBay Global Diversified Income (CAD-Hedged) ETF from the Toronto Stock Exchange at the request of RBC GAM Inc. effective market close on April 5, 2022, the ETF will be terminated as of the close of business today, April 8, 2022. The final net asset value ("NAV") per unit of the ETF is as follows:
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ETF
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TICKER
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FINAL NAV PER UNIT
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RBC BlueBay Global Diversified Income (CAD-Hedged) ETF
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RBDI
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$18.7117
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The final NAV per unit consists of the following:
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Income per unit
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$0.0000
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Capital per unit
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$18.7117
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Final NAV per unit
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$18.7117
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The termination proceeds will be paid out of the ETF today to the holders of the remaining outstanding units.
For further information regarding RBC ETFs, please visit https://www.rbcgam.com/etfs.
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 88,000+ 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 $580 billion in assets and have approximately 1,500 employees located across Canada, the United States, Europe and Asia.
SOURCE RBC Global Asset Management Inc.
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