RBC Global Asset Management Inc. announces
estimated annual reinvested capital gains distributions for
RBC Target Maturity Corporate Bond EFTS
TORONTO, December 18, 2012 - RBC Global Asset Management Inc.
announced today estimated annual reinvested capital gains
distributions for the 2012 tax year to unitholders of the
RBC Target Maturity Corporate Bond ETFs. Unitholders of record
on December 31, 2012 will receive the distributions payable
on January 7, 2013. The ex-dividend date will be December
27, 2012.
The annual capital gains distributions for the RBC Target
Maturity Corporate Bond ETFs will not be paid in cash, but
will be reinvested and reported as a taxable distribution.
The reinvested capital gains distributions will increase the
unitholder's adjusted cost base for the respective ETF.
For the 2012 tax year, the estimated annual reinvested capital
gains distributions for the RBC Target Maturity Corporate
Bond ETFs are:
| Fund Name |
Fund
Ticker
|
Estimated Capital
Gain Reinvested Distribution per Unit ($)
|
Percent of
Dec. 15, 2012 NAV per unit
|
| RBC Target
2013 Corporate Bond Index ETF |
RQA
|
-
|
-
|
| RBC Target
2014 Corporate Bond Index ETF |
RQB
|
-
|
-
|
| RBC Target
2015 Corporate Bond Index ETF |
RQC
|
$0.0026
|
0.0130%
|
| RBC Target
2016 Corporate Bond Index ETF |
RQD
|
$0.0007
|
0.0035%
|
| RBC Target
2017 Corporate Bond Index ETF |
RQE
|
-
|
-
|
| RBC Target
2018 Corporate Bond Index ETF |
RQF
|
-
|
-
|
| RBC Target
2019 Corporate Bond Index ETF |
RQG
|
-
|
-
|
| RBC Target
2020 Corporate Bond Index ETF |
RQH
|
-
|
-
|
| RBC Target
2021 Corporate Bond Index ETF |
RQI
|
-
|
-
|
Estimated annual reinvested capital gains distributions do
not include monthly cash distributions, which are reported
in a separate news release.
Possible changes to the estimated annual reinvested capital
gains distributions
The estimated annual reinvested capital gains distributions
shown above could change if the RBC Target Maturity Corporate
Bond ETFs experience subscriptions or redemptions prior to
the December 27, 2012 ex-dividend date. We will issue an additional
news release on December 27, 2012, which will provide the
final amounts.
The actual taxable amounts of cash and reinvested distributions
for 2012, including the tax characteristics of the distributions,
will be reported to brokers (through CDS Clearing and Depository
Services) in early 2013.
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 $270
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 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$577 billion of assets under administration,
more than C$339 billion of assets under management and approximately
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
|
