Exchange Bulletin
RBC Quant European Dividend Leaders (RHP) To Trade On Toronto Stock Exchange
RBC Quant European Dividend Leaders (CAD Hedged) (the "RBC ETF") - An application has been granted for the original listing in the Industrial category of 100,000 CAD Units (the "Units) of the RBC ETF, all of which will be issued and outstanding upon completion of an initial public offering (the "Offering").
Listing of the Units will become effective at 5:01 p.m. on Tuesday, October 21, 2014 in anticipation of the Offering closing prior to the opening of business on Wednesday, October 22, 2014. The Units will be posted for trading at the opening of business on October 22, 2014 upon confirmation of the closing of the Offering.
The RBC ETF is authorized to issue an unlimited number of Units of a class, each of which represents an equal, undivided interest in the net assets of the RBC ETF. Units of the RBC ETF are being issued and sold on a continuous basis and there is no maximum number of Units that may be issued.
Registrations of interests in and transfers of Units will be made only through the book-entry only system administered by CDS Clearing and Depository Services Inc. ("CDS"). Units must be purchased, transferred and surrendered for exchange or redemption only through a CDS Participant. Upon purchase of any Units, the owner will receive only the customary confirmation; physical certificates evidencing ownership will not be issued.
Additional information on the Units may be found in the final prospectus dated September 30, 2014 (the "Prospectus"), which is available at www.SEDAR.com. Capitalized terms not otherwise defined herein are as defined in the Prospectus.
| Stock Symbol: "RHP" | CUSIP: 74933B 10 2 | Trading Currency: CDN$ |
| Designated Market Maker: | RBC Capital Markets |
| Other Markets: | None |
| Head Office Address: | 155 Wellington Street West Suite 2200 Toronto, ON M5V 3K7 |
| Website: | www.rbcgam.com/etfs |
| Email: | etfs.investments@rbc.com |
| Head Office Telephone Number: | (416) 955-7826 |
| Toll Free: | (855) 722-3837 |
| Fax Number: | (416) 955-3590 |
| Investor Relations: | Stephen Hoffman Vice President, Exchange Traded Funds (416) 955-5321 stephen.hoffman@rbc.com |
| Chief Financial Officer: | Frank Lippa |
| Corporate Secretary: | Gina Zapras |
| Incorporation: | The RBC ETF was established under the laws of the Province of Ontario pursuant to an amended and restated master declaration of trust dated as of September 30, 2014 executed by RBC Global Asset Management Inc., as trustee and manager. |
| Manager and Trustee: | RBC Global Asset Management Inc. |
| Transfer Agent & Registrar: | Computershare Investor Services Inc. at its principal offices in Toronto. |
| Fiscal Year End: | December 31 |
| Nature of Business: | The RBC ETF seeks to provide unitholders with exposure, either directly or indirectly through investment in other mutual funds managed by RBC GAM or an affiliate, to the performance of a diversified portfolio of high-quality European dividend-paying equity securities that will provide regular income and that have the potential for long-term capital growth, while seeking to minimize the exposure to currency fluctuations between foreign currencies and the Canadian dollar. |
| Distributions: | Cash distributions on Units of the RBC ETF are expected to be made monthly. For purposes of the Tax Act, distributions on Units of the RBC ETF are expected to consist primarily of foreign investment income, but may also include net realized capital gains and returns of capital. To the extent that the expenses of the RBC ETF exceed the income generated by such RBC ETF in any given month, a monthly distribution may not be paid. RBC GAM may, in its complete discretion, change the frequency of these distributions. Any such change will be announced via press release. On an annual basis, the RBC ETF will ensure that the net income and net realized capital gains of that RBC ETF have been distributed to such an extent that the RBC ETF will not be liable for ordinary income tax thereon. |
| Initial Issuance of Units: | Pursuant to the terms of the Prospectus, Units will be issued and sold on a continuous basis and there will be no maximum number of Units that may be issued. Units sold in connection with the Offering for the RBC ETF will amount to 100,000 CAD Units at a price of $20 per Unit. |