Exchange Bulletin

RBC Target 2025 Government Bond ETF (RGQN) To Trade On Toronto Stock Exchange

May 8, 2023

Issuer: RBC Target 2025 Government Bond ETF ("RBC ETF")

SecuritySymbolIssued and Outstanding SecuritiesReserved SecuritiesIssue Price
Canadian dollar-denominated ETF units (the "CAD Units") RGQN 100,000 None C$20.00
Listing category: Non-Corporate
Trading currency: CDN$
Transaction: Initial public offering of CAD Units (the "Offering").
Anticipated closing date: May 8, 2023
Listing date: May 9, 2023 (as at 5:01 p.m.) subject to confirmation of closing of the Offering.
Posted for trading date: May 10, 2023 (at the opening) subject to confirmation of closing of the Offering.
Other market(s): None
Designated market maker: RBC Capital Markets Inc.
Investor relations: Stephen Hoffman
Vice President, Exchange Traded Funds
Incorporation: The RBC ETF is established under the laws of the Province of Ontario pursuant to the amended and restated master declaration of trust dated April 20, 2023.
Manager and Trustee: RBC Global Asset Management Inc.
Fiscal year end: September 30
Nature of business: The investment objective of the RBC ETF is to provide income, for a limited period of time ending on the RBC ETF's Termination Date, by investing primarily in a portfolio of fixed-income securities issued by Canadian governments and agencies that mature in the same calendar year as the RBC ETF's Termination Date.
Transfer agent and registrar: TSX Trust Company at its principal office in Toronto.
Distributions: Cash distributions on CAD Units of the RBC ETF are expected to be made monthly.
Sponsorship: Not applicable
Offering document: Prospectus dated April 21, 2023 which is available at Capitalized terms not otherwise defined herein are as defined in the Prospectus.
Initial public offering: 100,000 CAD Units will be issued at a subscription price of $20.00. The RBC ETF is authorized to issue an unlimited number of CAD Units, each of which represents an equal, undivided interest in the net assets of the RBC ETF. The CAD Units of the RBC ETF are being issued and sold on a continuous basis and there is no maximum number of CAD Units that may be issued.
TSX contact: Selma Thaver,
Managing Director,
TSX Listings