/C O R R E C T I O N from Source -- RBC/
In c5430 disseminated today at 09:00 ET, please note that revisions were made in the table under "Cash distribution per unit ($)". Corrected copy follows:
RBC Global Asset Management Inc. announces RBC Target Maturity Corporate Bond ETF monthly cash distributions for December 2013
TORONTO, Dec. 18, 2013 /CNW/ - RBC Global Asset Management Inc. announced today December 2013 distributions for unitholders of RBC Target Maturity Corporate Bond ETFs. Unitholders of record on December 31, 2013 will receive distributions payable on January 7, 2014. The ex-dividend date is December 27, 2013.
RBC Target Maturity Corporate Bond ETF monthly cash distributions for December are as follows:
PER UNIT ($)
|RBC Target 2014 Corporate Bond Index ETF||RQB||0.075|
|RBC Target 2015 Corporate Bond Index ETF||RQC||0.063|
|RBC Target 2016 Corporate Bond Index ETF||RQD||0.070|
|RBC Target 2017 Corporate Bond Index ETF||RQE||0.068|
|RBC Target 2018 Corporate Bond Index ETF||RQF||0.063|
|RBC Target 2019 Corporate Bond Index ETF||RQG||0.068|
|RBC Target 2020 Corporate Bond Index ETF||RQH||0.068|
|RBC Target 2021 Corporate Bond Index ETF||RQI||0.061|
Please note the above monthly cash distributions do not include annual reinvested capital gains, which are reported in a separate news release.
The actual taxable amounts of cash and reinvested distributions for 2013, including the tax characteristics of the distributions, will be reported to brokers (through CDS Clearing and Depository Services) in early 2014.
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 $295 billion in assets and have approximately 1,100 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$639 billion of assets under administration, more than C$387 billion of assets under management and over 4,400 financial consultants, advisors, private bankers, and trust officers. For more information, please visit www.rbcwealthmanagement.com.
*Scorpio Partnership Global Private Banking KPI Benchmark 2013. In the United States, securities are offered through RBC Wealth Management, a division of RBC Capital Markets, LLC, a wholly owned subsidiary of Royal Bank of Canada. Member NYSE/FINRA/SIPC.
More by this Source
Browse our custom packages or build your own to meet your unique communications needs.
Learn about PR Newswire services
Request more information about PR Newswire products and services or call us at (888) 776-0942.