RBC Global Asset Management Inc. Changes Distribution Frequency and Announces January/February Cash Distributions for RBC Target Maturity Corporate Bond ETFs

TORONTO, January 20, 2012 -RBC Global Asset Management Inc. announced today that starting in January 2012, the cash distributions of the RBC Target Maturity Corporate Bond ETFs (RBC ETFs) will be paid out monthly instead of on a quarterly basis.

"Since launching the suite of RBC ETFs, we have continued in our efforts to improve the offering for investors," said Cary Blake, vice-president, RBC Global Asset Management Inc. "As a result, we believe this change to the frequency of the distribution will more effectively meet the needs of Canadian investors, providing the certainty and comfort of a source for steady, regular, monthly income."

For the months of January and February, the RBC Target Maturity Corporate Bond ETFs' distributions will be as follows:

FUND NAME FUND TICKER JANUARY/FEBRUARY
2012 CASH DISTRIBUTION
PER UNIT ($)

RBC Target 2013 Corporate Bond ETF

RQA

$0.069

RBC Target 2014 Corporate Bond ETF

RQB

$0.067

RBC Target 2015 Corporate Bond ETF

RQC

$0.059

RBC Target 2016 Corporate Bond ETF

RQD

$0.062

RBC Target 2017 Corporate Bond ETF

RQE

$0.063

RBC Target 2018 Corporate Bond ETF

RQF

$0.072

RBC Target 2019 Corporate Bond ETF

RQG

$0.072

RBC Target 2020 Corporate Bond ETF

RQH

$0.068

Unitholders of record on January 31, 2012 will receive the January distributions payable on February 6, 2012. The ex-dividend date will be January 27, 2012.

Unitholders of record on February 29, 2012 will receive the February distributions payable on March 6, 2012. The ex-dividend date will be February 27, 2012.

- 30 -

For more information, please contact:
Yen To, RBC GAM Communications, 416 955-5916
Leah Commisso, RBC GAM Media Relations, 416 955-6498

distribué par

Ce noodl a été diffusé par RBC - Royal Bank of Canada et initialement mise en ligne sur le site http://www.royalbank.com. La version originale est disponible ici.

Ce noodl a été distribué par noodls dans son format d'origine et sans modification sur 2012-01-20 15:29:05 PM et restera accessible depuis ce lien permanent.

Cette annonce est protégée par les règles du droit d'auteur et toute autre loi applicable, et son propriétaire est seul responsable de sa véracité et de son originalité.