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    Home»ETFs»RBC Global Asset Management Inc. announces RBC ETF cash distributions for August 2024
    ETFs

    RBC Global Asset Management Inc. announces RBC ETF cash distributions for August 2024

    August 19, 2024


    TORONTO, Aug. 19, 2024 /CNW/ – RBC Global Asset Management Inc. (“RBC GAM Inc.”) today announced August 2024 cash distributions for unitholders of RBC ETFs, as follows:

    RBC logo (CNW Group/RBC Global Asset Management Inc.)RBC logo (CNW Group/RBC Global Asset Management Inc.)

    RBC logo (CNW Group/RBC Global Asset Management Inc.)

    FUND NAME

    FUND 
    TICKER 

    CASH 
    DISTRIBUTION 
    PER UNIT 

    RBC 1-5 Year Laddered Canadian Bond ETF

    RLB

    $0.050

    RBC 1-5 Year Laddered Canadian Corporate Bond ETF

    RBO

    $0.055

    RBC Target 2024 Canadian Government Bond ETF

    RGQL

    $0.235

    RBC Target 2025 Canadian Government Bond ETF

    RGQN

    $0.035

    RBC Target 2026 Canadian Government Bond ETF

    RGQO

    $0.030

    RBC Target 2027 Canadian Government Bond ETF

    RGQP

    $0.035

    RBC Target 2028 Canadian Government Bond ETF

    RGQQ

    $0.045

    RBC Target 2029 Canadian Government Bond ETF

    RGQR

    $0.045

    RBC Target 2030 Canadian Government Bond ETF

    RGQS

    $0.035

    RBC Target 2024 Canadian Corporate Bond Index ETF

    RQL

    $0.235

    RBC Target 2025 Canadian Corporate Bond Index ETF

    RQN

    $0.045

    RBC Target 2026 Canadian Corporate Bond Index ETF

    RQO

    $0.045

    RBC Target 2027 Canadian Corporate Bond Index ETF

    RQP

    $0.050

    RBC Target 2028 Canadian Corporate Bond Index ETF

    RQQ

    $0.070

    RBC Target 2029 Canadian Corporate Bond Index ETF

    RQR

    $0.060

    RBC Target 2030 Canadian Corporate Bond Index ETF

    RQS

    $0.045

    RBC Target 2025 U.S. Corporate Bond ETF

    RUQN

    $0.045

    RBC Target 2025 U.S. Corporate Bond ETF (USD Units)*

    RUQN.U

    $0.033

    RBC Target 2026 U.S. Corporate Bond ETF

    RUQO

    $0.045

    RBC Target 2026 U.S. Corporate Bond ETF (USD Units)*

    RUQO.U

    $0.033

    RBC Target 2027 U.S. Corporate Bond ETF

    RUQP

    $0.048

    RBC Target 2027 U.S. Corporate Bond ETF (USD Units)*

    RUQP.U

    $0.035

    RBC Target 2028 U.S. Corporate Bond ETF

    RUQQ

    $0.055

    RBC Target 2028 U.S. Corporate Bond ETF (USD Units)*

    RUQQ.U

    $0.040

    RBC Target 2029 U.S. Corporate Bond ETF

    RUQR

    $0.055

    RBC Target 2029 U.S. Corporate Bond ETF (USD Units)*

    RUQR.U

    $0.040

    RBC Target 2030 U.S. Corporate Bond ETF

    RUQS

    $0.045

    RBC Target 2030 U.S. Corporate Bond ETF (USD Units)*

    RUQS.U

    $0.033

    RBC Canadian Discount Bond ETF

    RCDB

    $0.025

    RBC PH&N Short Term Canadian Bond ETF

    RPSB

    $0.050

    RBC U.S. Discount Bond ETF

    RUDB

    $0.025

    RBC U.S. Discount Bond ETF (USD Units)*

    RUDB.U

    $0.018

    RBC U.S. Discount Bond (CAD Hedged) ETF

    RDBH

    $0.025

    RBC Short Term U.S. Corporate Bond ETF

    RUSB

    $0.060

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

    RUSB.U

    $0.044

    RBC Canadian Preferred Share ETF

    RPF

    $0.095

    RBC Quant Canadian Dividend Leaders ETF

    RCD

    $0.065

    RBC Canadian Dividend Covered Call ETF

    RCDC

    $0.115

    RBC Canadian Bank Yield Index ETF

    RBNK

    $0.105

    RBC Quant U.S. Dividend Leaders ETF

    RUD

    $0.070

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

    RUD.U

    $0.051

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

    RUDH

    $0.060

    RBC U.S. Dividend Covered Call ETF

    RUDC

    $0.101

    RBC U.S. Dividend Covered Call ETF (USD Units)*

    RUDC.U

    $0.073

    RBC U.S. Banks Yield Index ETF

    RUBY

    $0.065

    RBC U.S. Banks Yield Index ETF (USD Units)*

    RUBY.U

    $0.047

    RBC U.S. Banks Yield (CAD Hedged) Index ETF

    RUBH

    $0.080

    RBC Quant European Dividend Leaders ETF

    RPD

    $0.070

    RBC Quant European Dividend Leaders ETF (USD Units)*

    RPD.U

    $0.051

    RBC Quant European Dividend Leaders (CAD Hedged) ETF

    RPDH

    $0.080

    RBC Quant EAFE Dividend Leaders ETF

    RID

    $0.070

    RBC Quant EAFE Dividend Leaders ETF (USD Units)*

    RID.U

    $0.051

    RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF

    RIDH

    $0.090

    RBC Quant Emerging Markets Dividend Leaders ETF

    RXD

    $0.050

    RBC Quant Emerging Markets Dividend Leaders ETF (USD Units)*  

    RXD.U

    $0.036

    * Cash distribution per unit ($) amounts are USD for RUQN.U, RUQO.U, RUQP.U, RUQQ.U, RUQR.U, RUQS.U, RUDB.U, RUSB.U, RUD.U, RUDC.U, RUBY.U, RPD.U, RID.U, and RXD.U

    Unitholders of record on August 23, 2024, will receive distributions payable on August 30, 2024.

    For further information regarding RBC ETFs, please visit www.rbcgam.com/etfsolutions.

    Commissions, management fees and expenses all may be associated with investments in exchange-traded funds (“ETFs”). Please read the applicable 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 Global Asset Management Inc., which is a member of the RBC GAM group of companies and an indirect wholly-owned subsidiary of Royal Bank of Canada.

    RBC Target 2024 Canadian Government Bond ETF, RBC Target 2025 Canadian Government Bond ETF, RBC Target 2026 Canadian Government Bond ETF, RBC Target 2027 Canadian Government Bond ETF, RBC Target 2028 Canadian Government Bond ETF, RBC Target 2029 Canadian Government Bond ETF and RBC Target 2030 Canadian Government Bond ETF (collectively, the “Canadian TMGB ETFs”), and RBC Target 2024 Canadian Corporate Bond Index ETF, RBC Target 2025 Canadian Corporate Bond Index ETF, RBC Target 2026 Canadian Corporate Bond Index ETF,

    RBC Target 2027 Canadian Corporate Bond Index ETF, RBC Target 2028 Canadian Corporate Bond Index ETF, RBC Target 2029 Canadian Corporate Bond Index ETF and RBC Target 2030 Canadian Corporate Bond Index ETF (collectively, the “Canadian TMCB ETFs”), and RBC Target 2025 U.S. Corporate Bond ETF, RBC Target 2026 U.S. Corporate Bond ETF, RBC Target 2027 U.S. Corporate Bond ETF, RBC Target 2028 U.S. Corporate Bond ETF, RBC Target 2029 U.S. Corporate Bond ETF, RBC Target 2030 U.S. Corporate Bond ETF (collectively, the “U.S. TMCB ETFs”), do not seek to deliver a predetermined amount at maturity, and the amount an investor receives may be more or less than their original investment.

    The Canadian TMCB ETFs have been developed solely by RBC GAM Inc., and are not in any way connected to or sponsored, endorsed, sold or promoted by the London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). All rights in the FTSE Canada 2024 Maturity Corporate Bond Index, FTSE Canada 2025 Maturity Corporate Bond Index, FTSE Canada 2026 Maturity Corporate Bond Index, FTSE Canada 2027 Maturity Corporate Bond Index, FTSE Canada 2028 Maturity Corporate Bond Index, FTSE Canada 2029 Maturity Corporate Bond Index and FTSE Canada 2030 Maturity Corporate Bond Index (collectively, the “FTSE Maturity Corporate Bond Indices”) vest in the relevant LSE Group company which owns the FTSE Maturity Corporate Bond Indices. “FTSE®” is a trade mark of the relevant LSE Group company and is used by any other LSE Group company under license.

    The FTSE Maturity Corporate Bond Indices are calculated by or on behalf of FTSE Global Debt Capital Markets Inc. or its affiliate, agent or partner. The LSE Group does not accept any liability whatsoever to any person arising out of (a) the use of, reliance on or any error in the FTSE Maturity Corporate Bond Indices or (b) investment in or operation of the Canadian TMCB ETFs. The LSE Group makes no claim, prediction, warranty or representation either as to the results to be obtained from the Canadian TMCB ETFs or the suitability of the FTSE Maturity Corporate Bond Indices for the purpose to which they are being put by RBC GAM Inc.

    The RBC Canadian Bank Yield Index ETF, RBC U.S. Banks Yield Index ETF, and RBC U.S. Banks Yield (CAD Hedged) Index ETF have been developed solely by RBC GAM Inc. and are not sponsored, promoted, sold or supported by Solactive AG (“Solactive”). The Solactive Canada Bank Yield Index, Solactive U.S. Bank Yield NTR Index and Solactive U.S. Bank Yield NTR (CAD Hedged) Index are calculated and published by Solactive. Solactive does not offer any express or implicit guarantee or assurance regarding the results to be obtained from the use of the index or index price nor does Solactive make any representation regarding the advisability of investing in the ETFs.

    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 98,000+ 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 more than 18 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). 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. RBC Funds, BlueBay Funds, PH&N Funds and RBC ETFs are offered by RBC Global Asset Management Inc. (RBC GAM Inc.) and distributed through authorized dealers in Canada. The RBC GAM group of companies, which includes RBC GAM Inc. (including PH&N Institutional) and RBC Indigo Asset Management Inc., manage approximately $625 billion in assets and have approximately 1,600 employees located across Canada, the United States, Europe and Asia.

    SOURCE RBC Global Asset Management Inc.

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