TORONTO, May 31, 2023
/CNW/ - RBC Global Asset Management Inc. ("RBC GAM Inc.")
today announced May 2023 cash
distributions for unitholders of ETF Series of RBC Funds, as
follows:
FUND NAME
|
FUND
TICKER
|
CASH
DISTRIBUTION
PER UNIT
|
RBC Canadian Equity
Income Fund - ETF Series
|
RCEI
|
$0.059
|
Unitholders of record on June 7,
2023, will receive distributions payable on June 14, 2023.
For further information regarding ETF Series of RBC Funds,
please visit www.rbcgam.com/etfsolutions.
Commissions, management fees and expenses all may be associated
with investments in mutual funds and exchange-traded funds (ETFs).
Please read the applicable ETF Facts or prospectus before
investing. Mutual funds and ETFs are not guaranteed, their values
change frequently and past performance may not be repeated. ETF
Series is a class of securities offered by a conventional mutual
fund however, unlike conventional mutual fund series, ETF series
are bought and sold at market price on a stock exchange like an
ETF. Brokerage commissions will reduce returns. RBC Funds 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.
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 17 million clients in Canada, the U.S. and 27 other countries. Learn
more at rbc.com.
We are proud to support a broad range of community initiatives
through donations, community investments and employee volunteer
activities. See how at rbc.com/community-social-impact.
About RBC Global Asset
Management
RBC Global Asset Management (RBC GAM) is the asset management
division of Royal Bank of Canada
(RBC) and includes money managers BlueBay and Phillips, Hager &
North Investment Management. 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. The RBC GAM group of companies
manage approximately $525 billion in
assets and have approximately 1,500 employees located across
Canada, the United States, Europe and Asia.
SOURCE RBC