RBC Global Asset Management Inc. announces final valuation of five RBC ETFs
RBC Global Asset Management Inc. announces final valuation of five RBC ETFs |
[27-November-2020] |
TORONTO, Nov. 27, 2020 /CNW/ - RBC Global Asset Management Inc. ("RBC GAM Inc.") today announced the final valuation of five RBC ETFs. As announced earlier this year, the following five RBC ETFs will be terminated effective today and were delisted effective market close on Wednesday, November 25, 2020. The final net asset value ("NAV") per unit of the ETFs consists of the following:
* Cash distribution per unit ($) amounts are USD for RIG.U and RGRE.U The termination proceeds will be paid out of each ETF today to the applicable holders of the remaining outstanding units. For further information regarding RBC ETFs, please visit https://www.rbcgam.com/etfs. 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 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 SOURCE RBC Global Asset Management Inc. | ||||||||||||||||||||||||||||||||||||||||||
Company Codes: NYSE:RY, Toronto:RY |
© 2020 PR Newswire. All Rights Reserved.