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

The ETF seeks to provide unitholders with exposure, either directly or indirectly through investment in other funds managed by RBC GAM or an affiliate of RBC GAM, to the performance of a diversified portfolio of high quality U.S. equity securities that are expected to provide regular income from dividends and that have the potential for long term capital growth, while seeking to minimize the exposure to currency fluctuations between the U.S. and Canadian dollars. The ETF intends to invest substantially all of its assets in units of the RBC Quant U.S. Dividend Leaders ETF (the underlying RBC ETF) but may also invest directly in a portfolio of U.S. dividend paying equity securities.