RBC Global Asset Management Inc. launches four new ETFs

Reduces fees on seven RBC Target Maturity Corporate Bond ETFs 
TORONTO, Jan. 15, 2014 /CNW/ - RBC Global Asset Management Inc. (RBC GAM) 
today announced the launch of four new Exchange Traded Funds (ETFs) 
specifically designed to meet investors' demand for investments generating 
regular monthly income. The new RBC Quant Dividend Leaders ETFs and RBC 1-5 
Year Laddered Corporate Bond ETF are now available for purchase by advisors, 
individual and institutional investors on the Toronto Stock Exchange (TSX). 
"As Canada's leading provider of income solutions, we are pleased to be able 
to leverage the breadth and depth of RBC GAM's investment teams' expertise in 
the development of new solutions," said Doug Coulter, president of RBC Global 
Asset Management Inc. "Our ongoing dialogue with advisors and investors has 
confirmed a strong interest in higher-quality investments with a focus on 
long-term income across a range of geographies. These new ETFs address those 
needs, offering superior construction and very competitive management fees." 
RBC Quant Dividend Leaders ETFs 


     ___________________________________________________________
    |                                         | TSX  |Management|
    |                                         |SYMBOL|   Fee    |
    |_________________________________________|______|__________|
    |RBC Quant Canadian Dividend Leaders ETF  |  RCD |   0.39%  |
    |_________________________________________|______|__________|
    |RBC Quant U.S. Dividend Leaders ETF      |  RUD |   0.39%  |
    |_________________________________________|______|__________|
    |RBC Quant U.S. Dividend Leaders ETF - US$|RUD.u |   0.39%  |
    |_________________________________________|______|__________|
    |RBC Quant EAFE Dividend Leaders ETF      |  RID |   0.49%  |
    |_________________________________________|______|__________|
    |RBC Quant EAFE Dividend Leaders ETF - US$|RID.u |   0.49%  |
    |_________________________________________|______|__________|

Each RBC Quant Dividend Leaders ETF is managed by Bill Tilford, head of 
Quantitative Investments, RBC GAM and his team of portfolio managers and 
analysts. The management team employs a rigorous, rules-based investment 
approach to identify companies with higher than average dividend yields, 
strong balance sheets, positive market sentiment and potential for future 
dividend growth. The result is an ETF that provides exposure to companies that 
are dividend leaders.

The RBC Quant EAFE Dividend Leaders ETF is the first and only EAFE dividend 
ETF in Canada. The U.S. and EAFE Quant Dividend Leader ETFs are not currency 
hedged and are available for purchase in either Canadian dollar and U.S. 
dollar units on the TSX.

"We believe that these new dividend ETFs provide a superior level of portfolio 
diversification, quality and value with access to some of the most attractive 
dividend growth opportunities available in the market," said Mark Neill, head 
of RBC ETFs.

RBC 1-5 Year Laddered Corporate Bond ETF
     __________________________________________________________
    |                                        | TSX  |Management|
    |                                        |SYMBOL|   Fee    |
    |________________________________________|______|__________|
    |RBC 1-5 Year Laddered Corporate Bond ETF|  RBO |   0.25%  |
    |________________________________________|______|__________|

The RBC 1-5 Year Laddered Corporate Bond ETF will provide exposure to a 
diversified portfolio of individual Canadian investment grade corporate bonds 
by holding the RBC Target Maturity Corporate Bond ETFs. The ETF offers the 
potential for a steady stream of income through exposure to a large, 
diversified portfolio of bond holdings.

"Today's launches bring our total number of RBC ETFs in the marketplace to 12. 
Adding these new dividend and laddered corporate bond options to our solutions 
suite enables advisors and investors to construct high-quality portfolios with 
leading dividend-paying companies, all with an experienced and trusted 
investment manager," Neill added.

Management fee reduction on RBC Target Maturity Corporate Bond ETFs
In addition to the four new ETFs being launched today, RBC GAM also announced 
that it has reduced the management fee on seven of the existing RBC Target 
Maturity Corporate Bond ETFs, with maturity years ranging from 2015 through 
2021, from 0.30 per cent to 0.25 per cent, effective today. The RBC Target 
2014 Corporate Bond ETF had its management fee reduced to 0.20 per cent 
effective January 1, 2014, in accordance with its prospectus, as it entered 
its maturity year.

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

Commissions, management fees and expenses all may be associated with 
investments in exchange-traded funds. Please read the prospectus before 
investing. Funds are not guaranteed, their values change frequently and past 
performance may not be repeated. Fund 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 Global Asset 
Management Inc., an indirect wholly-owned subsidiary of Royal Bank of Canada.

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 $300 billion in assets and have approximately 1,100 
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$615 
billion of assets under administration, more than C$373 billion of assets 
under management and over 4,400 financial consultants, advisors, private 
bankers, and trust officers. For more information, please visit 
www.rbcwealthmanagement.com.

*Scorpio Partnership Global Private Banking KPI Benchmark 2013. In the United 
States, securities are offered through RBC Wealth Management, a division of 
RBC Capital Markets, LLC, a wholly owned subsidiary of Royal Bank of Canada. 
Member NYSE/FINRA/SIPC.



SOURCE  RBC 
 Matt Gierasimczuk, RBC GAM Communications, 416 974 
2124,matthew.gierasimczuk@rbc.com Leah Commisso, RBC GAM Media Relations, 
416 955 6498,leah.commisso@rbc.com 
To view this news release in HTML formatting, please use the following URL: 
http://www.newswire.ca/en/releases/archive/January2014/15/c8630.html 
CO: RBC GAM
ST: Ontario
NI: FIN NP FND FLOWS  
-0- Jan/15/2014 12:00 GMT
 
 
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