| |
RBC Global Asset Management Inc. announces Quarterly Cash Distributions for RBC Target Maturity Corporate Bond ETFs
TORONTO, September 15, 2011 —RBC Global Asset Management Inc. (RBC GAM) today announced cash distributions for the fourth quarter of 2011 to unitholders of the RBC Target Maturity Corporate Bond ETFs. Unitholders of record on December 30, 2011, will receive the distributions payable on January 6, 2012. The ex-dividend date will be December 28, 2011.
Fourth quarter cash distributions for the RBC Target Maturity Corporate Bond ETFs are as follows:
FUND NAME | FUND TICKER | CASH DISTRIBUTION PER UNIT($) |
RBC Target 2013 Corporate Bond ETF | RQA | $0.2231 |
RBC Target 2014 Corporate Bond ETF | RQB | $0.2155 |
RBC Target 2015 Corporate Bond ETF | RQC | $0.1876 |
RBC Target 2016 Corporate Bond ETF | RQD | $0.1993 |
RBC Target 2017 Corporate Bond ETF | RQE | $0.2029 |
RBC Target 2018 Corporate Bond ETF | RQF | $0.2297 |
RBC Target 2019 Corporate Bond ETF | RQG | $0.2299 |
RBC Target 2020 Corporate Bond ETF | RQH | $0.2170 |
Please note the above fourth quarter cash distributions do not include annual reinvested capital gains distributions, which will be reported separately.
The actual taxable amounts of cash and reinvested distributions for 2011, including the tax characteristics of the distributions, will be reported to brokers (through Canadian Depository for Securities' Clearing and Depository Services) in early 2012.
For further information regarding RBC ETFs, please visit 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) which includes institutional money managers Phillips, Hager & North Investment Management (PH&N), RBC Global Asset Management (U.S.) and BlueBay Asset Management. RBC GAM is a provider of global investment management services and solutions to individual, high net worth and institutional investors through mutual funds, pooled funds, hedge funds, segregated accounts and specialty investment strategies. RBC GAM group of companies manage more than $250 billion in assets and have approximately 1,000 employees located across Canada, the United States, Europe and Asia.
RBC Global Asset Management is part of RBC Wealth Management which directly serves affluent and high net worth clients in Canada, the United States, Latin America, Europe and Asia. RBC Wealth Management provides integrated and diversified international wealth management expertise and solutions, asset management and trust services to high net worth individuals and to corporate and institutional clients. Services provided by RBC Wealth Management consultants, advisors, private bankers and trust officers include trust and estate planning, tax advice, discretionary investment management and investment advisory services, structured solutions, banking, lending and global custody. RBC Wealth Management has over $525 billion of assets under administration, over $305 billion of assets under management and more than 4,300 financial consultants, advisors, private bankers and trust officers.
- 30 -
For more information, please contact:
Yen To, RBC GAM Communications, 416 955-5916
Leah Commisso, RBC GAM Media Relations, 416 955-6498
|
|
