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Cision Canada
03-06-2025
- Business
- Cision Canada
RBC Global Asset Management Inc. announces the termination of four RBC ETFs Français
TORONTO, June 3, 2025 /CNW/ - RBC Global Asset Management Inc. ("RBC GAM Inc.") today announced the termination of four RBC ETFs effective on or about Friday, September 12, 2025 (the "Termination Date"). The following RBC ETFs will be terminated (the "Terminating ETFs"): Effective Wednesday, August 13, 2025, no further direct subscriptions by authorized participants for units of each of the Terminating ETFs will be accepted by the manager, RBC GAM Inc. Units of the Terminating ETFs are anticipated to be voluntarily delisted from the Toronto Stock Exchange at the request of RBC GAM Inc., the manager of the Terminating ETFs, and cease trading, following market close on or about Tuesday, September 9, 2025, with all units still held by investors being subject to a mandatory redemption as of the Termination Date. Unitholders may continue to buy or sell units of each of the Terminating ETFs on any stock exchange on which the Terminating ETFs are traded until the units are delisted. Prior to the Termination Date, RBC GAM Inc. will, to the extent reasonably possible, sell and convert the assets of each Terminating ETF to cash. After paying or making adequate provision for the liabilities and obligations of each Terminating ETF, RBC GAM Inc. will, as soon as practicable following the Termination Date, distribute the net assets of each Terminating ETF pro rata among the unitholders of record on the Termination Date based on the net asset value per unit. RBC GAM Inc. will issue an additional press release on or about the Termination Date confirming the final details of each Terminating ETF. Further details of the terminations will be mailed to unitholders of the Terminating ETFs at least 60 days prior to the Termination Date. For further information regarding RBC ETFs, please visit 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 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 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 above-noted 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 97,000+ 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 19 million clients in Canada, the U.S. and 27 other countries. Learn more at We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at 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), manage approximately $710 billion in assets and have approximately 1,600 employees located across Canada, the United States, Europe and Asia.
Yahoo
03-06-2025
- Business
- Yahoo
RBC Global Asset Management Inc. announces the termination of four RBC ETFs
TORONTO, June 3, 2025 /CNW/ - RBC Global Asset Management Inc. ("RBC GAM Inc.") today announced the termination of four RBC ETFs effective on or about Friday, September 12, 2025 (the "Termination Date"). The following RBC ETFs will be terminated (the "Terminating ETFs"): RBC U.S. Banks Yield Index ETF (TSX: RUBY / RUBY.u) RBC U.S. Banks Yield (CAD Hedged) Index ETF (TSX: RUBH) RBC Quant Emerging Markets Dividend Leaders ETF (TSX: RXD / RXD.u) RBC PH&N Short Term Canadian Bond ETF (TSX: RPSB) Effective Wednesday, August 13, 2025, no further direct subscriptions by authorized participants for units of each of the Terminating ETFs will be accepted by the manager, RBC GAM Inc. Units of the Terminating ETFs are anticipated to be voluntarily delisted from the Toronto Stock Exchange at the request of RBC GAM Inc., the manager of the Terminating ETFs, and cease trading, following market close on or about Tuesday, September 9, 2025, with all units still held by investors being subject to a mandatory redemption as of the Termination Date. Unitholders may continue to buy or sell units of each of the Terminating ETFs on any stock exchange on which the Terminating ETFs are traded until the units are delisted. Prior to the Termination Date, RBC GAM Inc. will, to the extent reasonably possible, sell and convert the assets of each Terminating ETF to cash. After paying or making adequate provision for the liabilities and obligations of each Terminating ETF, RBC GAM Inc. will, as soon as practicable following the Termination Date, distribute the net assets of each Terminating ETF pro rata among the unitholders of record on the Termination Date based on the net asset value per unit. RBC GAM Inc. will issue an additional press release on or about the Termination Date confirming the final details of each Terminating ETF. Further details of the terminations will be mailed to unitholders of the Terminating ETFs at least 60 days prior to the Termination Date. For further information regarding RBC ETFs, please visit 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 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 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 above-noted ETFs. 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 97,000+ 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 19 million clients in Canada, the U.S. and 27 other countries. Learn more at We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at About RBC Global Asset ManagementRBC 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), manage approximately $710 billion in assets and have approximately 1,600 employees located across Canada, the United States, Europe and Asia. For more information, please contact:Brandon Dorey, RBC GAM Corporate Communications, 647-262-6307 SOURCE RBC Global Asset Management Inc. View original content to download multimedia: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Cision Canada
15-05-2025
- Business
- Cision Canada
RBC Global Asset Management Inc. announces RBC ETF cash distributions for May 2025 Français
TORONTO, May 15, 2025 /CNW/ - RBC Global Asset Management Inc. ("RBC GAM Inc.") today announced May 2025 cash distributions for unitholders of RBC ETFs, as follows: * Cash distribution per unit ($) amounts are USD for RUQN.U, RUQO.U, RUQP.U, RUQQ.U, RUQR.U, RUQS.U, RUQT.U, RUDB.U, RUSB.U, RUD.U, RUDC.U, RUBY.U, RPD.U, RID.U, and RXD.U Unitholders of record on May 23, 2025, will receive distributions payable on May 30, 2025. For further information regarding RBC ETFs, please visit 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 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, RBC Target 2030 Canadian Government Bond ETF and RBC Target 2031 Canadian Government Bond ETF (collectively, the "Canadian TMGB ETFs"), and 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, RBC Target 2030 Canadian Corporate Bond Index ETF and RBC Target 2031 Canadian Corporate Bond 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 and RBC Target 2031 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 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. 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 19 million clients in Canada, the U.S. and 27 other countries. Learn more at We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at 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), manage approximately $710 billion in assets and have approximately 1,600 employees located across Canada, the United States, Europe and Asia.
Cision Canada
14-05-2025
- Business
- Cision Canada
RBC Global Asset Management Inc. announces April sales results for RBC Funds, PH&N Funds and BlueBay Funds Français
TORONTO, May 14, 2025 /CNW/ - RBC Global Asset Management Inc. ("RBC GAM Inc.") today announced April mutual fund net sales of $508 million. Long-term funds had net sales of $169 million and money market funds had net sales of $339 million. Mutual fund assets under management increased by 2.2 per cent 1. Mutual fund sales results information is based on preliminary data from the Investment Funds Institute of Canada (IFIC) and only includes Canadian prospectus qualified mutual funds. Please consult your advisor and read the prospectus or Fund Facts document before investing. There may be commissions, trailing commissions, management fees and expenses associated with mutual fund investments. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. RBC Funds, BlueBay Funds and PH&N Funds are offered by RBC GAM Inc. and distributed through authorized dealers in Canada. RBC GAM Inc. is a member of the RBC GAM group of companies and an indirect wholly owned subsidiary of Royal Bank of Canada. ________________________________ 1 RBC GAM Inc.'s mutual fund figures for April 2025 include the former RBC Indigo Asset Management Inc. (RBC Indigo) funds. During April, RBC GAM Inc. became the fund manager for two RBC Indigo Asset Management Inc. funds while the remaining RBC Indigo funds were merged into RBC GAM Inc. funds or terminated. 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 19 million clients in Canada, the U.S. and 27 other countries. Learn more at We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at 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), manage approximately $710 billion in assets and have approximately 1,600 employees located across Canada, the United States, Europe and Asia. SOURCE RBC Global Asset Management Inc.
Yahoo
25-03-2025
- Business
- Yahoo
RBC Global Asset Management Inc. announces maturity date of RBC Target 2025 Canadian Government Bond ETF, RBC Target 2025 Canadian Corporate Bond Index ETF and RBC Target 2025 U.S. Corporate Bond ETF
TORONTO, March 25, 2025 /CNW/ - RBC Global Asset Management Inc. ("RBC GAM Inc.") today announced that RBC Target 2025 Canadian Government Bond ETF (TSX: RGQN), RBC Target 2025 Canadian Corporate Bond Index ETF (TSX: RQN) and RBC Target 2025 U.S. Corporate Bond ETF (TSX: RUQN) (TSX: RUQN.U) will mature on or about Friday, September 12, 2025 (the "Maturity Date"). Unlike traditional exchange-traded funds, which have a perpetual life, the RBC Target Maturity Bond ETFs have a specified maturity date that is established when the ETFs are launched and disclosed in its prospectus. When the ETF reaches its maturity date, the ETF's final net asset value ("NAV") is returned to unitholders. Each RBC Target Maturity Bond ETF's portfolio contains securities that mature throughout its stated maturity year. This structure results in a duration profile similar to that of an individual bond, where the ETF's duration can be expected to decline as it approaches maturity, reducing sensitivity to interest rate changes. These ETFs do not seek to return any predetermined amount at maturity. The family of RBC Target Maturity Bond ETFs includes six Canadian government bond ETFs, six Canadian corporate bond ETFs and six U.S. corporate bond ETFs, each with maturities ranging from 2025 to 2030. RBC GAM Inc. will issue an additional press release on or about the Maturity Date confirming final maturity details. Further details will be mailed to unitholders of RBC Target 2025 Canadian Government Bond ETF, RBC Target 2025 Canadian Corporate Bond Index ETF and RBC Target 2025 U.S. Corporate Bond ETF at least 60 days prior to the Maturity Date. For further information regarding RBC ETFs, please visit 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. RBC Target 2025 Canadian Corporate Bond Index ETF has been developed solely by RBC GAM Inc., and is 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 2025 Maturity Corporate Bond Index 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 Canada 2025 Maturity Corporate Bond Index is 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 Canada 2025 Maturity Corporate Bond Index or (b) investment in or operation of RBC Target 2025 Canadian Corporate Bond Index ETF. The LSE Group makes no claim, prediction, warranty or representation either as to the results to be obtained from RBC Target 2025 Canadian Corporate Bond Index ETF or the suitability of the FTSE Canada 2025 Maturity Corporate Bond Index for the purpose to which it is being put by RBC GAM Inc. 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 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 19 million clients in Canada, the U.S. and 27 other countries. Learn more at We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at About RBC Global Asset ManagementRBC 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 $710 billion in assets and have approximately 1,600 employees located across Canada, the United States, Europe and Asia. For more information, please contact:Brandon Dorey, RBC GAM Corporate Communications, 647-262-6307 SOURCE RBC Global Asset Management Inc. View original content to download multimedia: Sign in to access your portfolio
