RY Royal Bank of Canada

In the news release, RBC Global Asset Management Inc. announces Final Cash Distributions for Merging RBC ETFs, issued 02-Apr-2019 by RBC Global Asset Management over CNW, we are advised by the company that the RBC U.S. Equity Index ETF Cash Distribution Per Unit should read "$0.060" rather than "$0.000" as originally issued inadvertently. The complete, corrected release follows:

TORONTO, April 2, 2019 /CNW/ - RBC Global Asset Management Inc. today announced the final cash distributions for unitholders of certain RBC ETFs.

As announced on March 22, 2019, unitholders approved a proposal to merge the following RBC ETFs (as set forth in the table below) with a corresponding iShares ETF effective on or about April 8, 2019 (and on or about April 9, 2019 in the case of the merger involving the RBC International Equity Index ETF). The mergers have also received regulatory approval. Details of the mergers are outlined in the management information circular dated February 15, 2019 which is available at www.sedar.com. Each of the merging RBC ETFs will be wound up following the mergers.

The final cash distributions for the merging RBC ETFs are as follows:

Unitholders of record on April 5, 2019 will receive the cash distributions payable on April 11, 2019.

All values are expressed in Canadian dollars.

The actual taxable amounts of cash distributions, including the tax characteristics of the distributions, for the merging RBC ETFs will be reported to brokers (through CDS Clearing and Depository Services) in early 2020.

For further information regarding RBC ETFs, please visit https://www.rbcishares.com.

Commissions, management fees and expenses all may be associated with investments in exchange-traded funds (ETFs). Please read the applicable prospectus or 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 GAM Inc., a member of the RBC GAM group of companies and an indirect wholly-owned subsidiary of Royal Bank of Canada.

About RBC Global Asset Management
RBC Global Asset Management (RBC GAM) is the asset management division of Royal Bank of Canada (RBC) and includes institutional money managers BlueBay Asset Management and Phillips, Hager & North Investment Management. 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. The RBC GAM group of companies manage approximately $430 billion in assets and have approximately 1,400 employees located across Canada, the United States, Europe and Asia.

SOURCE RBC Global Asset Management