RBC Global Asset Management Inc. announces updated estimated 2024 annual reinvested capital gains distributions for RBC ETFs and ETF Series of RBC Funds
Canada NewsWire
TORONTO, Dec. 19, 2024
TORONTO, Dec. 19, 2024 /CNW/ - RBC Global Asset Management Inc. ("RBC GAM Inc.") today announced updated estimated 2024 annual reinvested capital gains distribution amounts for unitholders of RBC ETFs and ETF Series of RBC Funds.
Please note that these are estimated amounts only, as of December 13, 2024. The estimates could change if the RBC ETFs or ETF Series of RBC Funds, as applicable, experience subscriptions or redemptions prior to the ex-dividend date or for other unforeseen factors.
The annual capital gains distributions for the RBC ETFs and ETF Series of RBC Funds generally represent net realized capital gains within the RBC ETFs or ETF Series of RBC Funds, as applicable, and are typically not paid in cash, but are reinvested in additional units of the respective RBC ETF or ETF Series of an RBC Fund. 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 or ETF Series of an RBC Fund.
RBC GAM Inc. expects to announce the final 2024 annual reinvested distribution amounts for RBC ETFs and ETF Series of RBC Funds on or about December 30, 2024. Unitholders of record as of December 30, 2024, will receive the 2024 annual reinvested distribution amounts.
The actual taxable amounts of reinvested and cash distributions for 2024, including the tax characteristics of the distributions, will be reported to brokers (through CDS Clearing and Depository Services Inc.) in early 2025.
The updated estimated 2024 annual reinvested capital gains distribution amounts per unit for the RBC ETFs are as follows:
FUND NAME FUND ESTIMATED
TICKER ANNUAL
REINVESTEDCAPITAL
GAIN PERUNIT
RBC 1-5 Year Laddered Canadian Bond ETF RLB $0.000
RBC 1-5 Year Laddered Canadian Corporate Bond
ETF RBO $0.000
RBC Target 2025 Canadian Government Bond ETF RGQN $0.000
RBC Target 2026 Canadian Government Bond ETF RGQO $0.095
RBC Target 2027 Canadian Government Bond ETF RGQP $0.000
RBC Target 2028 Canadian Government Bond ETF RGQQ $0.000
RBC Target 2029 Canadian Government Bond ETF RGQR $0.000
RBC Target 2030 Canadian Government Bond ETF RGQS $0.000
RBC Target 2025 Canadian Corporate Bond Index
ETF RQN $0.000
RBC Target 2026 Canadian Corporate Bond Index
ETF RQO $0.000
RBC Target 2027 Canadian Corporate Bond Index
ETF RQP $0.076
RBC Target 2028 Canadian Corporate Bond Index
ETF RQQ $0.083
RBC Target 2029 Canadian Corporate Bond Index
ETF RQR $0.293
RBC Target 2030 Canadian Corporate Bond Index
ETF RQS $0.000
RBC Target 2025 U.S. Corporate Bond ETF RUQN $0.000
RBC Target 2025 U.S. Corporate Bond ETF (USD
Units)* RUQN.U $0.000
RBC Target 2026 U.S. Corporate Bond ETF RUQO $0.000
RBC Target 2026 U.S. Corporate Bond ETF (USD
Units)* RUQO.U $0.000
RBC Target 2027 U.S. Corporate Bond ETF RUQP $0.000
RBC Target 2027 U.S. Corporate Bond ETF (USD
Units)* RUQP.U $0.000
RBC Target 2028 U.S. Corporate Bond ETF RUQQ $0.000
RBC Target 2028 U.S. Corporate Bond ETF (USD
Units)* RUQQ.U $0.000
RBC Target 2029 U.S. Corporate Bond ETF RUQR $0.000
RBC Target 2029 U.S. Corporate Bond ETF (USD
Units)* RUQR.U $0.000
RBC Target 2030 U.S. Corporate Bond ETF RUQS $0.000
RBC Target 2030 U.S. Corporate Bond ETF (USD
Units)* RUQS.U $0.000
RBC Canadian Discount Bond ETF RCDB $0.214
RBC PH&N Short Term Canadian Bond ETF RPSB $0.000
RBC U.S. Discount Bond ETF RUDB $0.000
RBC U.S. Discount Bond ETF (USD Units)* RUDB.U $0.000
RBC U.S. Discount Bond (CAD Hedged) ETF RDBH $0.000
RBC Short Term U.S. Corporate Bond ETF RUSB $0.000
RBC Short Term U.S. Corporate Bond ETF (USD
Units)* RUSB.U $0.000
RBC Canadian Preferred Share ETF RPF $0.000
RBC Quant Canadian Dividend Leaders ETF RCD $2.372
RBC Canadian Dividend Covered Call ETF RCDC $0.000
RBC Canadian Bank Yield Index ETF RBNK $0.220
RBC Quant U.S. Dividend Leaders ETF RUD $3.505
RBC Quant U.S. Dividend Leaders ETF (USD Units)* RUD.U $2.463
RBC Quant U.S. Dividend Leaders (CAD Hedged) ETF RUDH $2.682
RBC U.S. Dividend Covered Call ETF RUDC $0.000
RBC U.S. Dividend Covered Call ETF (USD Units)* RUDC.U $0.000
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 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 $0.112
RBC Quant Emerging Markets Dividend Leaders ETF RXD $0.000
RBC Quant Emerging Markets Dividend Leaders ETF
(USD
Units)* RXD.U $0.000
* Capital gain distribution per unit ($) 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
The updated estimated 2024 annual reinvested capital gains distribution amounts per unit for ETF Series of RBC Funds are as follows:
FUND NAME FUND ESTIMATED
TICKER ANNUAL
REINVESTEDCAPITALGAIN PERUNIT
RBC Conservative Bond Pool -- ETF
Series RCNS $0.000
RBC Core Bond Pool -- ETF Series RCOR $0.000
RBC Core Plus Bond Pool -- ETF
Series RPLS $0.000
RBC Canadian Equity Income Fund --
ETF Series RCEI $0.070
RBC North American Value Fund -- ETF
Series RNAV $1.140
RBC North American Growth Fund --
ETF Series RNAG $0.000
RBC U.S. Mid-Cap Growth Equity Fund
-- ETF Series RUMG $1.657
RBC Life Science and Technology Fund
-- ETF Series RLST $0.000
RBC International Equity Fund -- ETF
Series RINT $0.000
RBC Emerging Markets Dividend Fund
-- ETF Series REMD $0.000
RBC Global Energy Fund -- ETF Series RENG $0.000
RBC Global Precious Metals Fund --
ETF Series RGPM $0.000
RBC Global Technology Fund -- ETF
Series RTEC $0.000
Please note that the above estimated annual reinvested capital gains distributions do not include the cash distributions for December 2024, which are reported separately.
For further information regarding RBC ETFs and ETF Series of RBC Funds, please visit www.rbcgam.com/etfsolutions.
Forward-looking information:
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