Exchange Bulletin
RBC Target 2031 U.S. Corporate Bond ETF (RUQT, RUQT.U) To Trade On ÍÃ×ÓÏÈÉú
April 1, 2025
Issuer: RBC Target 2031 U.S. Corporate Bond ETF ("RBC ETF")
| Security | Symbol | Issued and Outstanding Securities | Reserved Securities | Issue Price |
|---|---|---|---|---|
| Canadian dollar denominated ETF units (the "CAD Units") | RUQT | 50,000 | None | C$20.00 |
| U.S dollar denominated ETF units (the "USD Units") | RUQT.U | 50,000 | None | US$14.00 |
| Listing category: | Non-Corporate |
| Trading currency - CAD Units: | C$ |
| Trading currency – USD Units: | US$ |
| Transaction: | Initial public offering of CAD Units and USD Units, (collectively, the "Units") (the "Offering"). |
| Anticipated closing date: | March 31, 2025 |
| Listing date: | April 1, 2025 (as at 5:01 p.m.) in anticipation of closing of the Offering. |
| Posted for trading date: | April 2, 2025 (at the opening) subject to confirmation of closing of the Offering. |
| Other market(s): | None |
| Designated market maker: | RBC Dominion Securities Inc. |
| Investor relations: | Stephen Hoffman Managing Director, Exchange Traded Funds 416-955-5321 stephen.hoffman@rbc.com |
| Incorporation: | Established under the laws of the Province of Ontario pursuant to the amended and restated master declaration of trust dated March 18, 2025. |
| Manager and Trustee: | RBC Global Asset Management Inc. |
| Fiscal year end: | September 30 |
| Nature of business: | RBC ETF seeks to provide income, for a limited period of time ending on RBC ETF's termination date, by investing primarily in a portfolio of investment grade fixed-income securities issued in the U.S. market by U.S. and foreign corporations that mature in the same calendar year as RBC ETF's termination date. RBC ETF will terminate on or about September 30, 2031. |
| Transfer agent and registrar: | TSX Trust Company at its principal office in Toronto. |
| Distributions: | Cash distributions, if any, will be payable monthly, in the currency in which the Units are denominated. |
| Sponsorship: | Not applicable |
| Offering document: | Prospectus dated March 19, 2025 which is available at . Capitalized terms not otherwise defined herein are as defined in the Prospectus. |
| Additional information: | The USD Units (Symbol: RUQT.U) will be quoted and traded on ÍÃ×ÓÏÈÉú in US funds and trading information regarding the USD Units will appear under the heading "Trading in US Funds" in the TSX Monthly Review. |
| Initial public offering: | 50,000 CAD Units will be issued at a subscription price of C$20.00 and 50,000 USD Units will be issued at a subscription price of US$14.00 per USD Unit. RBC ETF is authorized to issue an unlimited number of Units, each of which represents an equal, undivided interest in the net assets of RBC ETF. The Units of RBC ETF are being issued and sold on a continuous basis and there is no maximum number of Units that may be issued. |
| TSX contact: | Selma Thaver, Managing Director, TSX Listings |