PR Newswire | Dec 31, 2021 08:05AM EST

gains distributions for RBC ETFs

12/31 07:05 CST

RBC Global Asset Management Inc. announces final annual reinvested capital gains distributions for RBC ETFs TORONTO, Dec. 31, 2021

TORONTO, Dec. 31, 2021 /CNW/ - RBC Global Asset Management Inc. ("RBC GAM Inc.") today announced the final 2021 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, 2021 will receive the 2021 annual reinvested capital gains distribution amounts. The taxable amounts of reinvested and cash distributions for 2021, including the tax characteristics of the distributions, will be reported to brokers (through CDS Clearing and Depository Services Inc.) in early 2022.

The 2021 annual reinvested capital gains distribution amounts per unit for the RBC ETFs are as follows:

2021 ANNUAL REINVESTED FUND FUND NAME TICKER CAPITAL GAIN 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 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 $0.091

RBC Target 2025 Corporate Bond Index ETF RQN $0.030

RBC Target 2026 Corporate Bond Index ETF RQO $0.000

RBC Target 2027 Corporate Bond Index ETF RQP $0.000

RBC Canadian Discount Bond ETF RCDB $0.035

RBC PH&N Short Term Canadian Bond ETF RPSB $0.172

RBC Short Term U.S. Corporate Bond ETF RUSB $0.000

RBC Short Term U.S. Corporate Bond ETF (USDRUSB.U $0.000 Units)*

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

RBC Canadian Preferred Share ETF RPF $0.000

RBC Quant Canadian Dividend Leaders ETF RCD $0.684

RBC Quant Canadian Equity Leaders ETF RCE $1.068

RBC Vision Women's Leadership MSCI Canada RLDR $5.297 Index ETF

RBC Canadian Bank Yield Index ETF RBNK $1.205

RBC Quant U.S. Dividend Leaders ETF RUD $6.103

RBC Quant U.S. Dividend Leaders ETF (USD RUD.U $4.772 Units)*

RBC Quant U.S. Dividend Leaders (CAD RUDH $4.226 Hedged) ETF

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 ETFRUBH $0.000

RBC Quant U.S. Equity Leaders ETF RUE $4.515

RBC Quant U.S. Equity Leaders ETF (USD RUE.U $3.531 Units)*

RBC Quant U.S. Equity Leaders (CAD Hedged) RUEH $3.387 ETF

RBC Quant European Dividend Leaders ETF RPD $0.000

RBC Quant European Dividend Leaders ETF RPD.U $0.000 (USD Units)*

RBC Quant European Dividend Leaders (CAD RPDH $0.000 Hedged) ETF

RBC Quant EAFE Dividend Leaders ETF RID $0.000

RBC Quant EAFE Dividend Leaders ETF (USD RID.U $0.000 Units)*

RBC Quant EAFE Dividend Leaders (CAD RIDH $0.000 Hedged) ETF

RBC Quant EAFE Equity Leaders ETF RIE $0.000

RBC Quant EAFE Equity Leaders ETF (USD RIE.U $0.000 Units)*

RBC Quant EAFE Equity Leaders (CAD Hedged) RIEH $0.186 ETF

RBC Quant Emerging Markets Dividend LeadersRXD $0.000 ETF

RBC Quant Emerging Markets Dividend LeadersRXD.U $0.000 ETF (USD Units)*

RBC Quant Emerging Markets Equity Leaders RXE $0.000 ETF

RBC Quant Emerging Markets Equity Leaders RXE.U $0.000 ETF (USD Units)*

* Annual reinvested capital gain distribution per unit ($) amounts are USD for RUSB.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/etfsolutions.

All values are expressed in Canadian dollars, unless otherwise indicated. 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 RBCRoyal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 87,000+ 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 ManagementRBC 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.