TORONTO, Jan. 16, 2014 /CNW/ - RBC Global Asset Management Inc. today announced January 2014 distributions for unitholders of RBC Target Maturity Corporate Bond ETFs.
RBC Target Maturity Corporate Bond ETF monthly cash distributions for January are as follows:
|FUND NAME||FUND TICKER||CASH DISTRIBUTION PER UNIT ($)|
|RBC Target 2014 Corporate Bond Index ETF||RQB||$0.069|
|RBC Target 2015 Corporate Bond Index ETF||RQC||$0.055|
|RBC Target 2016 Corporate Bond Index ETF||RQD||$0.054|
|RBC Target 2017 Corporate Bond Index ETF||RQE||$0.059|
|RBC Target 2018 Corporate Bond Index ETF||RQF||$0.054|
|RBC Target 2019 Corporate Bond Index ETF||RQG||$0.064|
|RBC Target 2020 Corporate Bond Index ETF||RQH||$0.062|
|RBC Target 2021 Corporate Bond Index ETF||RQI||$0.057|
Unitholders of record on January 27, 2014 will receive distributions payable on January 31, 2014. The ex-dividend date is January 23, 2014.
RBC Quant Dividend Leaders ETFs and RBC 1-5 Year Laddered Corporate Bond ETF, launched Wednesday, January 15, 2014, will announce monthly cash distributions starting February 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 $300 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.
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RBC Global Asset Management Inc. announces RBC Target Maturity Corporate Bond ETF monthly cash distributions for January 2014
Jan 16, 2014, 04:00 EST