RBC Global Asset Management Inc. announces RBC ETF cash distributions for March 2024 (2025)

TORONTO, March 14,2024 /CNW/ -RBC Global Asset Management Inc.("RBC GAM Inc.") today announced March2024 cash distributions for unitholders of RBC ETFs, asfollows:

Unitholders of record on March 21,2024 will receive distributions payable on March 28, 2024.

For further information regarding RBC ETFs, please visitwww.rbcgam.com/etfsolutions.

Commissions, management fees and expenses all may be associatedwith investments in exchange-traded funds ("ETFs"). Please read theapplicable ETF Facts document before investing. ETFs are notguaranteed, their values change frequently and past performance maynot be repeated. ETF units are bought and sold at market price on astock exchange and brokerage commissions will reduce returns. RBCETFs do not seek to return any predetermined amount at maturity.Index returns do not represent RBC ETF returns. RBC ETFs aremanaged by RBC GAM Inc., a member of the RBC GAM group of companiesand an indirect wholly-owned subsidiary of Royal Bank ofCanada.

RBC Target 2024 Government Bond ETF, RBC Target 2025 GovernmentBond ETF, RBC Target 2026 Government Bond ETF, RBC Target 2027Government Bond ETF, RBC Target 2028 Government Bond ETF and RBCTarget 2029 Government Bond ETF (collectively, the "TMGB ETFs"),and RBC Target 2024 Corporate Bond Index ETF, RBC Target 2025Corporate Bond Index ETF, RBC Target 2026 Corporate Bond Index ETF,RBC Target 2027 Corporate Bond Index ETF, RBC Target 2028 CorporateBond Index ETF and RBC Target 2029 Corporate Bond Index ETF(collectively, the "TMCB ETFs") do not seek to deliver apredetermined amount at maturity, and the amount an investorreceives may be more or less than their original investment.

The TMCB ETFs have been developed solely by RBC GAM Inc., andare not in any way connected to or sponsored, endorsed, sold orpromoted by the London Stock Exchange Group plc and its groupundertakings (collectively, the "LSE Group"). All rights in theFTSE Canada 2024 Maturity Corporate Bond Index, FTSE Canada 2025Maturity Corporate Bond Index, FTSE Canada 2026 Maturity CorporateBond Index, FTSE Canada 2027 Maturity Corporate Bond Index, FTSECanada 2028 Maturity Corporate Bond Index and FTSE Canada 2029MaturityCorporate Bond Index (collectively, the "FTSEMaturity Corporate Bond Indices") vest in the relevant LSE Groupcompany which owns the FTSE Maturity Corporate Bond Indices."FTSE®" is a trade mark of the relevant LSE Group company and isused by any other LSE Group company under license.

The FTSE Maturity Corporate Bond Indices are calculated by or onbehalf of FTSE Global Debt Capital Markets Inc. or its affiliate,agent or partner. The LSE Group does not accept any liabilitywhatsoever to any person arising out of (a) the use of, reliance onor any error in the FTSE Maturity Corporate Bond Indices or (b)investment in or operation of the TMCB ETFs. The LSE Group makes noclaim, prediction, warranty or representation either as to theresults to be obtained from the TMCB ETFs or the suitability of theFTSE Maturity Corporate Bond Indices for the purpose to which theyare being put by RBC GAM Inc.

TheRBC Canadian Bank Yield Index ETF, RBC U.S. Banks YieldIndex ETF, and RBC U.S. Banks Yield (CAD Hedged) Index ETF havebeen developed solely by RBC GAM Inc. and are not sponsored,promoted, sold or supported by Solactive AG ("Solactive"). TheSolactive Canada Bank Yield Index, Solactive U.S. Bank Yield NTRIndex and Solactive U.S. Bank Yield NTR (CAD Hedged) Index arecalculated and published by Solactive. Solactive does not offer anyexpress or implicit guarantee or assurance regarding the results tobe obtained from the use of the index or index price nor doesSolactive make any representation regarding the advisability ofinvesting in the ETFs.

About RBC

Royal Bank of Canada is aglobal financial institution with a purpose-driven, principles-ledapproach to delivering leading performance. Our success comes fromthe 94,000+ employees who leverage their imaginations and insightsto bring our vision, values and strategy to life so we can help ourclients thrive and communities prosper. As Canada's biggest bank, and one of the largestin the world based on market capitalization, we have a diversifiedbusiness model with a focus on innovation and providing exceptionalexperiences to our 17 million clients in Canada, the U.S. and 27 other countries. Learnmore atrbc.com.‎

We are proud to support a broad range of community initiativesthrough donations, community investments and employee volunteeractivities. See how at rbc.com/community-social-impact.

About RBC Global AssetManagement

RBC Global Asset Management(RBC GAM) is the assetmanagement division of Royal Bank of Canada (RBC) and includes money managersBlueBay and Phillips, Hager & North Investment Management. RBCGAM is a provider of global investment management services andsolutions to institutional, high-net-worth and individual investorsthrough separate accounts, pooled funds, mutual funds, hedge funds,exchange-traded funds and specialty investment strategies. The RBCGAM group of companies manage approximately $575 billion in assets and have approximately1,500 employees located across Canada, the UnitedStates, Europe andAsia.

SOURCE RBC Global Asset Management Inc.