PR Newswire | Dec 31, 2020 09:00AM EST

gains distributions for RBC ETFs

12/31 08:00 CST

RBC Global Asset Management Inc. announces final annual reinvested capital gains distributions for RBC ETFs TORONTO, Dec. 31, 2020

TORONTO, Dec. 31, 2020 /CNW/ - RBC Global Asset Management Inc. ("RBC GAM Inc.") today announced the final 2020 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 31, 2020 will receive the 2020 annual reinvested capital gains distribution amounts. The taxable amounts of reinvested and cash distributions for 2020, including the tax characteristics of the distributions, will be reported to brokers (through CDS Clearing and Depository Services Inc.) in early 2021.

The 2020 annual reinvested capital gains distribution amounts per unit for the RBC ETFs are as follows:

FINAL ANNUAL FUND REINVESTED FUND NAME TICKERCAPITAL GAINS DISTRIBUTION 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 2021 Corporate Bond Index ETF RQI $0.000

RBC Target 2022 Corporate Bond Index ETF RQJ $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 $0.390

RBC Target 2026 Corporate Bond Index ETF RQO $0.001

RBC Target 2027 Corporate Bond Index ETF RQP $0.000

RBC Canadian Discount Bond ETF RCDB $0.140

RBC PH&N Short Term Canadian Bond ETF RPSB $0.295

RBC Short Term U.S. Corporate Bond ETF RUSB $0.080

RBC Short Term U.S. Corporate Bond ETF (USD Units)* RUSB.U$0.063

RBC BlueBay Global Diversified Income (CAD Hedged) ETF RBDI $0.000

RBC Canadian Preferred Share ETF RPF $0.000

RBC Quant Canadian Dividend Leaders ETF RCD $0.000

RBC Quant Canadian Equity Leaders ETF RCE $0.000

RBC Vision Women's Leadership MSCI Canada Index ETF RLDR $0.000

RBC Canadian Bank Yield Index ETF RBNK $0.070

RBC Quant U.S. Dividend Leaders ETF RUD $0.000

RBC Quant U.S. Dividend Leaders ETF (USD Units)* RUD.U $0.000

RBC Quant U.S. Dividend Leaders (CAD Hedged) ETF RUDH $0.850

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 $0.300

RBC Quant U.S. Equity Leaders ETF (USD Units)* RUE.U $0.240

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 $0.000

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 $0.000

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

* Reinvested capital gains distribution per unit ($) amounts are USD forRUSB.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/etfs.

All values are expressed in Canadian dollars, unless otherwise indicated. Totals may not sum due to rounding. 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.

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 86,000+ 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 34 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 $518 billion in assets and have approximately 1,400 employees located across Canada, the United States, Europe and Asia.

SOURCE RBC Global Asset Management Inc.