What Are RBC GAM’s Final Cash Distributions for December 2024?

January 7, 2025

RBC Global Asset Management Inc. (RBC GAM Inc.) has announced the final cash distributions for December 2024 for its suite of RBC ETFs and ETF Series of RBC Funds. This announcement provides detailed information on the final cash distribution amounts per unit for these investment vehicles, offering investors a comprehensive understanding of their returns. The announcement is a significant step in transparent communication, ensuring that investors are well-informed about their financial asset performance.

Announcement of Final Cash Distributions

RBC GAM Inc. has released the final cash distributions for December 2024 for its RBC ETFs and ETF Series of RBC Funds. This announcement details a comprehensive table listing the final cash distribution amounts per unit for various funds under the RBC umbrella. The funds cover a wide range of investment options, including investments in Canadian, U.S., and international markets, providing a holistic view of the yields for various fund categories.

This announcement is part of RBC GAM’s commitment to transparency and clear communication with investors. By providing this precise distribution data, RBC GAM ensures that investors are well-informed about their investment performance and returns. The specificity in the announcement helps investors to understand better and evaluate the dividends they will be receiving from their holdings, which is crucial for making future investment decisions or adjustments. This detailed approach reinforces RBC GAM’s reliability and commitment to investor satisfaction and transparent financial practices.

Tax Reporting and Payment Details

The actual taxable amounts of cash and reinvested distributions for 2024 will be reported to brokers in early 2025 through CDS Clearing and Depository Services Inc. This process is designed to ensure that all tax-related information is accurately communicated to investors, allowing them to fulfill their tax obligations in a timely and precise manner. The tax reporting procedure is a critical aspect that investors need to track to maintain compliance and manage their financial planning effectively.

Unitholders of record as of December 30, 2024, will receive distributions payable on January 6, 2025. It is important to note that the cash distributions do not include annual reinvested capital gains distributions for 2024, which will be reported separately. This distinction is crucial as it helps investors understand the different components of their returns, distinguishing regular cash distributions from the annual capital gains reinvestments. This clear communication ensures that there are no ambiguities regarding the nature and timing of different distributions, which is vital for precise financial recording and planning.

Detailed Cash Distribution Information

The announcement includes a comprehensive list of funds with their respective tickers and final cash distributions per unit. RBC ETFs and ETF Series funds cover various types of bonds, equities, and other financial instruments. The detailed distribution amounts reflect the diverse nature of RBC GAM’s investment options, catering to different investor preferences and risk profiles. This diversity is part of RBC’s strategy to offer varied investment avenues to meet the precise needs of different investor demographics and financial goals.

Investors can find specific distribution amounts for Canadian bonds, U.S. corporate bonds, and international equity funds, among others. This detailed information enables investors to assess the performance of their specific investments and make informed decisions about their portfolios. By providing this comprehensive data, RBC GAM enables its clients to have a clear and precise view of their investment performance, fostering informed decision-making and enhancing investor confidence in their financial strategies.

Investment Guidelines and Considerations

RBC GAM emphasizes the importance of reading the applicable prospectus or ETF Facts document before investing. This practice ensures that investors are fully aware of the risks and potential returns associated with their investments. Understanding the nuances of each investment product is crucial, as mutual funds and ETFs are not guaranteed, and their values can change frequently. This information underscores the importance of being well-informed about the nature of these investment vehicles.

The announcement also underscores that RBC ETFs are traded at market price on a stock exchange, and brokerage commissions will reduce returns. This information is crucial for investors to consider when evaluating their overall investment strategy and potential costs. Market dynamics can impact the trade and purchase prices of these investments, further affecting the net returns after accounting for brokerage and other transactional costs. Therefore, understanding these factors is essential for optimizing investment results and aligning them with financial goals.

Disclaimers and Ownership Information

RBC GAM provides a detailed disclaimer about the nature of investments in their ETFs. The disclaimer highlights that there is no guarantee of returning a predetermined amount at maturity and that investors may receive more or less than their original investment. This transparency helps manage investor expectations and reinforces the importance of understanding investment risks. Clear disclaimers ensure that investors are well aware of the potential variations in returns, thus fostering a more realistic and prepared investor base.

Specific mentions are made about the connection with the London Stock Exchange Group plc (LSE Group) and Solactive AG concerning particular indices. These disclaimers provide clarity on the development and endorsement of specific indices, ensuring that investors are aware of the legal and operational frameworks within which RBC GAM operates. This clarity helps investors understand the broader market indices and benchmarks that may influence the fund performances, providing them with a clearer picture of the investment environment.

Company Overview and Contact Information

RBC Global Asset Management Inc. (RBC GAM Inc.) has publicized the final cash distributions for December 2024 for its range of RBC ETFs and the ETF Series of RBC Funds. This crucial announcement offers detailed data on the final cash distribution amounts per unit for these investment products, which is valuable information for investors seeking to understand their returns and financial outlooks. By revealing this information, RBC GAM Inc. takes an important step in maintaining transparency and accountability, making sure that investors remain well-informed about the performance of their financial assets. This practice ensures optimal clarity and supports investors in making informed decisions about their investments based on accurate and timely data regarding the performance of their holdings. RBC GAM Inc. continues to uphold its commitment to transparent communication, fostering trust and confidence among its investors by regularly providing comprehensive updates on financial results. Through this effort, RBC GAM Inc. reaffirms its dedication to offering insightful and beneficial information that assists investors in managing their portfolios effectively and understanding the outcomes of their investment strategies.

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