RBC Global Asset Management Inc. announces RBC ETF cash distributions for July 2022

TORONTO, July 15, 2022 /CNW/ - RBC Global Asset Management Inc. ("RBC GAM Inc.") today announced July 2022 cash distributions for unitholders of RBC ETFs, as follows:

FUND NAME	FUND TICKER	CASH DISTRIBUTION PER UNIT
RBC 1-5 Year Laddered Canadian Bond ETF	RLB	$0.038
RBC 1-5 Year Laddered Corporate Bond ETF	RBO	$0.040
RBC Target 2022 Corporate Bond Index ETF	RQJ	$0.030
RBC Target 2023 Corporate Bond Index ETF	RQK	$0.038
RBC Target 2024 Corporate Bond Index ETF	RQL	$0.042
RBC Target 2025 Corporate Bond Index ETF	RQN	$0.041
RBC Target 2026 Corporate Bond Index ETF	RQO	$0.025
RBC Target 2027 Corporate Bond Index ETF	RQP	$0.038
RBC Canadian Discount Bond ETF	RCDB	$0.018
RBC PH&N Short Term Canadian Bond ETF	RPSB	$0.030
RBC Short Term U.S. Corporate Bond ETF	RUSB	$0.040
RBC Short Term U.S. Corporate Bond ETF (USD Units)*	RUSB.U	$0.031
RBC Canadian Preferred Share ETF	RPF	$0.087
RBC Quant Canadian Dividend Leaders ETF	RCD	$0.085
RBC Canadian Bank Yield Index ETF	RBNK	$0.085
RBC Quant U.S. Dividend Leaders ETF	RUD	$0.080
RBC Quant U.S. Dividend Leaders ETF (USD Units)*	RUD.U	$0.062
RBC Quant U.S. Dividend Leaders (CAD Hedged) ETF	RUDH	$0.070
RBC U.S. Banks Yield Index ETF	RUBY	$0.045
RBC U.S. Banks Yield Index ETF (USD Units)*	RUBY.U	$0.035
RBC U.S. Banks Yield (CAD Hedged) Index ETF	RUBH	$0.050
RBC Quant European Dividend Leaders ETF	RPD	$0.065
RBC Quant European Dividend Leaders ETF (USD Units)*	RPD.U	$0.051
RBC Quant European Dividend Leaders (CAD Hedged) ETF	RPDH	$0.080
RBC Quant EAFE Dividend Leaders ETF	RID	$0.080
RBC Quant EAFE Dividend Leaders ETF (USD Units)*	RID.U	$0.062
RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF	RIDH	$0.100
RBC Quant Emerging Markets Dividend Leaders ETF	RXD	$0.050
RBC Quant Emerging Markets Dividend Leaders ETF (USD Units)*	RXD.U	$0.039

* Cash distribution per unit ($) amounts are USD for RUSB.U, RUD.U, RUBY.U, RPD.U, RID.U, and RXD.U

Unitholders of record on July 22, 2022 will receive distributions payable on July 29, 2022.

For further information regarding RBC ETFs, please visit www.rbcgam.com/etfsolutions.

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.

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 89,000+ 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 Asset Management 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 $560 billion in assets and have approximately 1,500 employees located across Canada, the United States, Europe and Asia.

SOURCE RBC Global Asset Management Inc.

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