RBC Global Asset Management Inc. announces November cash distribution for RBC Target 2021 Corporate Bond Index ETF

TORONTO, Nov. 21, 2012 /CNW/ - RBC Global Asset Management Inc. today announced the November 2012 cash distribution for the RBC Target 2021 Corporate Bond Index ETF (RQI). RQI commenced trading on the TSX on Wednesday, October 10, 2012.

Unitholders of record on Friday, November 30, 2012, will receive the November distribution, payable on Friday, December 7, 2012. The ex-dividend date will be Wednesday, November 28, 2012.

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

About RBC Global Asset Management and RBC Wealth Management

RBC Global Asset Management (RBC GAM) is the asset management division of Royal Bank of Canada (RBC), and includes institutional money managers BlueBay Asset Management, Phillips, Hager & North Investment Management and RBC Global Asset Management (U.S.). RBC GAM is a provider of global investment management services and solutions to individual, high-net-worth and institutional investors through exchange-traded funds, hedge funds, mutual funds, pooled funds, separate accounts and specialty investment strategies. RBC GAM group of companies manage more than $260 billion in assets and have approximately 1,000 employees located across Canada, the United States, Europe and Asia.

RBC Global Asset Management is part of RBC Wealth Management, which is one of the world's top 10 largest wealth managers. RBC Wealth Management directly serves affluent, high-net-worth and ultra high net worth clients in Canada, the United States, Latin America, Europe, the Middle East, Africa and Asia with a full suite of banking, investment, trust and other wealth management solutions. The business also provides asset management products and services directly and through RBC and third-party distributors to institutional and individual clients, through its RBC Global Asset Management business (which includes BlueBay Asset Management). RBC Wealth Management has more than C$562 billion of assets under administration, more than C$324 billion of assets under management and approximately 4,300 financial consultants, advisors, private bankers and trust officers.

SOURCE: RBC