RBC GAM Announces Maturity of Bond ETF and Changes to Vision Funds
RBC GAM Announces Bond ETF Maturity and Vision Fund Changes

RBC Global Asset Management Inc. (RBC GAM Inc.) announced on June 30, 2026, that the RBC Target 2026 Canadian Corporate Bond Index ETF Fund will reach its maturity date on or about September 14, 2026, and will be terminated accordingly. The fund is immediately closed to purchases, and unitholders may redeem or switch holdings until market close on September 11, 2026. Remaining units will be redeemed on the maturity date, with proceeds distributed to unitholders. Written notice regarding the termination will be sent in July 2026.

Changes to RBC Vision Funds

Effective July 2, 2026, four RBC Vision Funds—RBC Vision Bond Fund, RBC Vision Balanced Fund, RBC Vision Canadian Equity Fund, and RBC Vision Global Equity Fund—will no longer apply exclusions based on the Relative Scoring exclusion criteria category. RBC GAM Inc. stated that this change is in the best interest of these funds and does not represent a material change to their investment universe. The funds will continue to apply an ESG exclusionary screening strategy based on Product Involvement and ESG Controversies categories.

Risk Rating Change

The risk rating for RBC Vision QUBE Fossil Fuel Free Low Volatility Canadian Equity Fund has been increased from Low to Medium, effective with the renewal of the simplified prospectus filed on or around June 30, 2026. The change is based on the methodology mandated by the Canadian Securities Administrators and results from an annual review, not from changes to the fund's investment objectives or management.

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Funds Eligible for Registered Plans

Two funds have reached mutual fund trust status and are now eligible to be held within registered plans: BlueBay High Income Credit Fund and RBC Emerging Markets ex-China Dividend Fund.

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