RBC Global Asset Management Inc. announces maturity date of RBC Target 2013 Corporate Bond Index ETF

RBC Global Asset Management Inc. announces maturity date of RBC Target 2013 
Corporate Bond Index ETF 
TORONTO, March 13, 2013 /CNW/ - RBC Global Asset Management Inc. today 
announced that the RBC Target 2013 Corporate Bond Index ETF (TSX: RQA) will 
mature on Friday, November 22, 2013. This will be the first RBC Target 
Maturity Corporate Bond ETF to mature. 
"Target maturity ETFs are still relatively new to Canadian investors," said 
Mark Neill, head of RBC ETFs. "By providing the maturity date of the RBC 
Target 2013 Corporate Bond Index ETF well in advance, our goal is to help 
investors make informed decisions with respect to their bond portfolio. This 
includes deciding whether to move their holdings into a subsequent maturity of 
an RBC ETF or hold them through to maturity." 
The suite of RBC Target Maturity Corporate Bond ETFs includes nine fixed 
income corporate bond ETFs with maturities spanning from 2013 to 2021. These 
ETFs provide target maturity exposure, enabling investors to build customized 
portfolios tailored to their specific investment needs. 
Unlike traditional ETFs, which have a perpetual life, target maturity ETFs 
have a specified maturity date that is established when the ETF is launched. 
When the ETF reaches the maturity date, the ETF's final net asset value (NAV) 
is returned to the current unitholders. 
A target maturity ETF's portfolio contains securities that mature throughout 
its stated maturity year. This structure results in a duration profile similar 
to that of an individual bond, where the ETF's duration should decline as it 
approaches maturity, reducing sensitivity to interest rate changes. These ETFs 
do not seek to return any predetermined amount at maturity. 
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 manages more than $280 billion in assets and has 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$593 
billion of assets under administration, more than C$353 billion of assets 
under management and approximately 4,300 financial consultants, advisors, 
private bankers and trust officers. 
Jeff Keay, RBC GAM Communications, 416 955-0577 Leah Commisso, RBC GAM Media 
Relations, 416 955-6498 
SOURCE: RBC 
To view this news release in HTML formatting, please use the following URL: 
http://www.newswire.ca/en/releases/archive/March2013/13/c4423.html 
CO: RBC GAM
ST: Ontario
NI: FIN FND FLOWS  
-0- Mar/13/2013 14:00 GMT
 
 
Press spacebar to pause and continue. Press esc to stop.