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RBC Global Asset Management Inc. announces a risk rating change to RBC Target 2030 U.S. Corporate Bond ETF and RBC ETF cash distributions for March 2026

MWN-AI** Summary

On March 17, 2026, RBC Global Asset Management Inc. (RBC GAM) announced a significant change regarding its investment products. Specifically, the risk rating for the RBC Target 2030 U.S. Corporate Bond ETF has been adjusted from “Low to Medium” to a revised classification of “Low.” This alteration is in compliance with the risk assessment methodology outlined by the Canadian Securities Administrators and will be documented in the ETF Facts, expected to be filed shortly.

RBC GAM conducts regular evaluations of the risk profiles of its ETFs, making adjustments based on annual reviews or material changes to the funds. It is important to note that this recent downgrade was not a result of any alterations in the fund’s investment objectives or management strategies; rather, it stems from a systematic review process. The adjustment reflects RBC GAM's commitment to ensuring transparency and accuracy in risk assessment for investors.

In conjunction with the risk rating change, RBC GAM also announced cash distributions for March 2026 for its ETFs. Significant distributions include amounts for several funds, with the RBC Target 2030 U.S. Corporate Bond ETF set to distribute $0.045 per unit. Unitholders on record as of March 24, 2026, will receive their distributions on March 31, 2026.

These updates indicate RBC GAM’s ongoing efforts to maintain compliance with regulatory standards and communicate effectively with investors regarding the financial products they offer. As the market continues to evolve, these ratings and distributions play a crucial role in helping investors make informed decisions regarding their portfolios. For more details, interested parties can consult the RBC GAM website.

MWN-AI** Analysis

RBC Global Asset Management Inc. has recently announced a risk rating downgrade for the RBC Target 2030 U.S. Corporate Bond ETF from "Low to Medium" to "Low." This significant change, resulting from their annual review process mandated by Canadian Securities Administrators, indicates a potentially more favorable risk profile for investors seeking to add this ETF to their portfolios, especially in the prevailing market climate.

A lower risk rating can attract a broader range of investors, including more conservative ones, and may lead to increased demand. For those considering this ETF, it provides an opportunity to engage with U.S. corporate bonds, which can yield attractive returns without exposing investors to heightened risk. As the ETF maintains its strategic objectives and investment framework, this should bolster investor confidence.

In addition to the risk rating change, RBC has announced cash distributions for March 2026, with RBC Target 2030 U.S. Corporate Bond ETF offering a distribution of $0.045 per unit. This consistent cash generation is appealing for income-focused investors, signaling stability and active management in an unpredictable interest rate environment.

With inflationary pressures persisting and a backdrop of fluctuating interest rates, corporate bond ETFs can serve as a buffer against volatility while providing a source of yield. Given the ETF's revised risk rating and its cash distribution performance, investors who align with a medium to long-term investment horizon might find this offering valuable.

In summary, market participants should consider the RBC Target 2030 U.S. Corporate Bond ETF as a strategic addition to diversify their investment portfolio, particularly in an environment that continues to challenge traditional equity markets. As always, it's crucial to align these investments with individual risk tolerance and financial goals.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: Canada Newswire

Canada NewsWire

TORONTO, March 17, 2026 /CNW/ - RBC Global Asset Management Inc. ("RBC GAM Inc.") today announced a risk rating change to RBC Target 2030 U.S. Corporate Bond ETF as well as March 2026 cash distributions for unitholders of RBC ETFs.

Risk rating change

The risk rating for RBC Target 2030 U.S. Corporate Bond ETF has decreased from "Low to Medium" to "Low" effective today. This change will be reflected in the ETF Facts for RBC Target 2030 U.S. Corporate Bond ETF, which is expected to be filed on or about March 18, 2026.

This change is based on the methodology mandated by the Canadian Securities Administrators to determine the risk level of exchange-traded funds. RBC GAM Inc. reviews the risk rating for each RBC ETF on an annual basis, as well as when an RBC ETF undergoes a material change. This change is the result of an annual review and not the result of any changes to the investment objectives, strategies or management of RBC Target 2030 U.S. Corporate Bond ETF.

Ticker

ETF Name

Current Risk
Rating

New Risk Rating

RUQS / RUQS.U

RBC Target 2030 U.S. Corporate Bond ETF

Low to Medium

Low

March 2026 ETF cash distributions

March 2026 cash distributions for unitholders of RBC ETFs are as follows:

FUND NAME

FUND
TICKER

CASH
DISTRIBUTION
PER UNIT

CUSIP

RBC 1-5 Year Laddered Canadian Bond ETF

RLB

$0.053

74933L100

RBC 1-5 Year Laddered Canadian Corporate Bond ETF

RBO

$0.060

74932K103

RBC Target 2026 Canadian Government Bond ETF

RGQO

$0.055

749377107

RBC Target 2027 Canadian Government Bond ETF

RGQP

$0.038

74936K109

RBC Target 2028 Canadian Government Bond ETF

RGQQ

$0.045

74938H104

RBC Target 2029 Canadian Government Bond ETF

RGQR

$0.048

74939C104

RBC Target 2030 Canadian Government Bond ETF

RGQS

$0.033

74936X101

RBC Target 2031 Canadian Government Bond ETF

RGQT

$0.030

75528T101

RBC Target 2026 Canadian Corporate Bond Index ETF

RQO

$0.055

749385100

RBC Target 2027 Canadian Corporate Bond Index ETF

RQP

$0.051

749334108

RBC Target 2028 Canadian Corporate Bond Index ETF

RQQ

$0.070

75528N104

RBC Target 2029 Canadian Corporate Bond Index ETF

RQR

$0.070

75528M106

RBC Target 2030 Canadian Corporate Bond Index ETF

RQS

$0.065

75529R104

RBC Target 2031 Canadian Corporate Bond ETF

RQT

$0.055

74939J109

RBC Target 2026 U.S. Corporate Bond ETF

RUQO

$0.075

749331104

RBC Target 2026 U.S. Corporate Bond ETF (USD Units)*

RUQO.U

$0.055

749331203

RBC Target 2027 U.S. Corporate Bond ETF

RUQP

$0.049

749332102

RBC Target 2027 U.S. Corporate Bond ETF (USD Units)*

RUQP.U

$0.036

749332201

RBC Target 2028 U.S. Corporate Bond ETF

RUQQ

$0.058

749333100

RBC Target 2028 U.S. Corporate Bond ETF (USD Units)*

RUQQ.U

$0.042

749333209

RBC Target 2029 U.S. Corporate Bond ETF

RUQR

$0.062

74936W103

RBC Target 2029 U.S. Corporate Bond ETF (USD Units)*

RUQR.U

$0.045

74936W202

RBC Target 2030 U.S. Corporate Bond ETF

RUQS

$0.045

749322103

RBC Target 2030 U.S. Corporate Bond ETF (USD Units)*

RUQS.U

$0.033

749322202

RBC Target 2031 U.S. Corporate Bond ETF

RUQT

$0.035

74938M103

RBC Target 2031 U.S. Corporate Bond ETF (USD Units)*

RUQT.U

$0.026

74938M202

RBC Canadian Ultra Short Term Bond ETF

RUST

$0.140

74938L105

RBC Canadian Discount Bond ETF

RCDB

$0.035

75526D108

RBC U.S. Discount Bond ETF

RUDB

$0.028

75528Q107

RBC U.S. Discount Bond ETF (USD Units)*

RUDB.U

$0.020

75528Q115

RBC U.S. Discount Bond (CAD Hedged) ETF

RDBH

$0.031

74938B107

RBC Short Term U.S. Corporate Bond ETF

RUSB

$0.075

74934F102

RBC Short Term U.S. Corporate Bond ETF (USD Units)*

RUSB.U

$0.055

74934F201

RBC AAA CLO (CAD Hedged) ETF

RCLO

$0.085

74937F109

RBC Canadian Preferred Share ETF

RPF

$0.100

74934A103

RBC Quant Canadian Dividend Leaders ETF

RCD

$0.100

74930H102

RBC Canadian Dividend Covered Call ETF

RCDC

$0.150

75526J105

RBC Canadian Bank Yield Index ETF

RBNK

$0.120

75525D109

RBC Quant U.S. Dividend Leaders ETF

RUD

$0.034

74930L103

RBC Quant U.S. Dividend Leaders ETF (USD Units)*

RUD.U

$0.025

74930L202

RBC Quant U.S. Dividend Leaders (CAD Hedged) ETF

RUDH

$0.034

74933A104

RBC U.S. Dividend Covered Call ETF

RUDC

$0.140

74938C105

RBC U.S. Dividend Covered Call ETF (USD Units)*

RUDC.U

$0.102

74938C204

RBC Quant European Dividend Leaders ETF

RPD

$0.105

74932V208

RBC Quant European Dividend Leaders ETF (USD Units)*

RPD.U

$0.077

74932V109

RBC Quant European Dividend Leaders (CAD Hedged) ETF

RPDH

$0.095

74933B102

RBC Quant EAFE Dividend Leaders ETF

RID

$0.100

74931R109

RBC Quant EAFE Dividend Leaders ETF (USD Units)*

RID.U

$0.073

74931R208

RBC Quant EAFE Dividend Leaders (CAD Hedged) ETF

RIDH

$0.110

74932R108

* Cash distribution per unit ($) amounts are USD for RUQO.U, RUQP.U, RUQQ.U, RUQR.U, RUQS.U, RUQT.U, RUDB.U, RUSB.U, RUD.U, RUDC.U, RPD.U, & RID.U

Unitholders of record on March 24, 2026, will receive distributions payable on March 31, 2026.

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

Commissions, management fees and expenses all may be associated with investments in exchange-traded funds ("ETFs"). Please read the applicable ETF Facts document before investing. ETFs are not guaranteed, their values change frequently and past performance may not be repeated. ETF 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., which is a member of the RBC GAM group of companies and an indirect wholly-owned subsidiary of Royal Bank of Canada.

RBC Target 2026 Canadian Government Bond ETF, RBC Target 2027 Canadian Government Bond ETF, RBC Target 2028 Canadian Government Bond ETF, RBC Target 2029 Canadian Government Bond ETF, RBC Target 2030 Canadian Government Bond ETF and RBC Target 2031 Canadian Government Bond ETF (collectively, the "Canadian TMGB ETFs"), and RBC Target 2026 Canadian Corporate Bond Index ETF, RBC Target 2027 Canadian Corporate Bond Index ETF, RBC Target 2028 Canadian Corporate Bond Index ETF, RBC Target 2029 Canadian Corporate Bond Index ETF, RBC Target 2030 Canadian Corporate Bond Index ETF and RBC Target 2031 Canadian Corporate Bond ETF (collectively, the "Canadian TMCB ETFs"), and RBC Target 2026 U.S. Corporate Bond ETF, RBC Target 2027 U.S. Corporate Bond ETF, RBC Target 2028 U.S. Corporate Bond ETF, RBC Target 2029 U.S. Corporate Bond ETF, RBC Target 2030 U.S. Corporate Bond ETF and RBC Target 2031 U.S. Corporate Bond ETF (collectively, the "U.S. TMCB ETFs"),  do not seek to deliver a predetermined amount at maturity, and the amount an investor receives may be more or less than their original investment.

The Canadian TMCB ETFs have been developed solely by RBC GAM Inc., and are not in any way connected to or sponsored, endorsed, sold or promoted by the London Stock Exchange Group plc and its group undertakings (collectively, the "LSE Group").  All rights in the FTSE Canada 2026 Maturity Corporate Bond Index, FTSE Canada 2027 Maturity Corporate Bond Index, FTSE Canada 2028 Maturity Corporate Bond Index, FTSE Canada 2029 Maturity Corporate Bond Index and FTSE Canada 2030 Maturity Corporate Bond Index (collectively, the "FTSE Maturity Corporate Bond Indices") vest in the relevant LSE Group company which owns the FTSE Maturity Corporate Bond Indices. "FTSE®" is a trade mark of the relevant LSE Group company and is used by any other LSE Group company under license.

The FTSE Maturity Corporate Bond Indices are calculated by or on behalf of FTSE Global Debt Capital Markets Inc. or its affiliate, agent or partner. The LSE Group does not accept any liability whatsoever to any person arising out of (a) the use of, reliance on or any error in the FTSE Maturity Corporate Bond Indices or (b) investment in or operation of the Canadian TMCB ETFs. The LSE Group makes no claim, prediction, warranty or representation either as to the results to be obtained from the Canadian TMCB ETFs or the suitability of the FTSE Maturity Corporate Bond Indices for the purpose to which they are being put by RBC GAM Inc.

RBC Canadian Bank Yield Index ETF has been developed solely by RBC GAM Inc. and is not sponsored, promoted, sold or supported by Solactive AG ("Solactive"). The Solactive Canada Bank Yield Index is calculated and published by Solactive. Solactive does not offer any express or implicit guarantee or assurance regarding the results to be obtained from the use of the index or index price nor does Solactive make any representation regarding the advisability of investing in RBC Canadian Bank Yield Index ETF.

About RBC
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 101,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada's biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 19 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com.?

We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/peopleandplanet.

About RBC Global Asset Management

RBC Global Asset Management (RBC GAM) is the asset management division of Royal Bank of Canada (RBC). RBC GAM is a provider of global investment management services and solutions to institutional, high-net-worth and individual investors through separate accounts, pooled funds, mutual funds, hedge funds, exchange-traded funds and specialty investment strategies. RBC Funds, BlueBay Funds, PH&N Funds and RBC ETFs are offered by RBC Global Asset Management Inc. (RBC GAM Inc.) and distributed through authorized dealers in Canada. The RBC GAM group of companies, which includes RBC GAM Inc. (including PH&N Institutional), manage approximately $795 billion in assets and have approximately 1,600 employees located across Canada, the United States, Europe and Asia.

For more information, please contact:
Brandon Dorey, RBC GAM Corporate Communications, 647-262-6307

SOURCE RBC Global Asset Management Inc.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/March2026/17/c3704.html

FAQ**

How does the risk rating change for the RBC Target 2030 U.S. Corporate Bond ETF from "Low to Medium" to "Low" impact overall investor sentiment towards Royal Bank Of Canada RY’s ETFs?

The downgrade of the RBC Target 2030 U.S. Corporate Bond ETF's risk rating from "Low to Medium" to "Low" may enhance investor sentiment towards Royal Bank Of Canada RY’s ETFs, as it indicates a perceived reduction in investment risk and potential volatility.

What factors contributed to the annual review that prompted the risk rating change for the RBC Target 2030 U.S. Corporate Bond ETF under Royal Bank Of Canada RY?

The risk rating change for the RBC Target 2030 U.S. Corporate Bond ETF was influenced by factors such as changes in interest rate forecasts, credit quality assessments of underlying bonds, market volatility, and adjustments in economic indicators affecting corporate performance.

With the March 2026 cash distributions announced for various RBC ETFs, what trends should investors consider when evaluating the performance of investments under Royal Bank Of Canada RY?

Investors should consider the impact of macroeconomic factors, sector performance, interest rate trends, and ETF holdings diversification when evaluating the March 2026 cash distributions and overall investment performance under Royal Bank of Canada (RY).

How should investors interpret the cash distributions alongside the risk rating changes for the RBC Target 2030 U.S. Corporate Bond ETF in relation to Royal Bank Of Canada RY’s overall asset management strategy?

Investors should view the cash distributions and risk rating changes for the RBC Target 2030 U.S. Corporate Bond ETF as indicators of Royal Bank of Canada's adaptive asset management strategy aimed at balancing yield and risk exposure in evolving market conditions.

**MWN-AI FAQ is based on asking OpenAI questions about Rbc Quant U.S. Dividend Leaders Etf (TSXC: RUD.U:CC).

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