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RBC Global Asset Management Inc. announces final valuation of RBC Emerging Markets Equity Index ETF

TORONTO , April 5, 2019 /CNW/ - RBC Global Asset Management Inc. today announced the final valuation of the RBC Emerging Markets Equity Index ETF (REEM).

As announced on Tuesday, January 8, 2019 , the RBC Emerging Markets Equity Index ETF will be terminated effective the close of business today, Friday, April 5, 2019 . The final net asset value (NAV) per unit of the ETF is as follows:

ETF 

TICKER

FINAL NAV PER UNIT

RBC Emerging Markets Equity Index ETF

REEM

$19.5232

 

The final NAV per unit consists of the following:

Income per unit 

$0.0190

Capital per unit

$19.5042

Final NAV per unit

$19.5232

 

The maturity proceeds will be paid out of the ETF today to the holders of the remaining outstanding units.

For further information regarding RBC ETFs, please visit https://www.rbcishares.com.

Commissions, management fees and expenses all may be associated with investments in exchange-traded funds (ETFs). Please read the applicable prospectus or Fund 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 Global Asset 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 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 $430 billion in assets and have approximately 1,400 employees located across Canada , the United States , Europe and Asia .

SOURCE RBC Global Asset Management Inc.


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