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About RBC U S DIVID COVERED CALL ETF CAD UNIT

The fund seeks income and long-term capital appreciation by investing in a diversified portfolio of US companies with above average dividend yield or good prospects for dividend growth. The fund adviser primarily uses a fundamental approach in the selection process. The fund also considers quantitative and technical metrics, as well as material ESG factors, including corporate governance, employee health and safety, human rights, and environmental management. The fund writes covered call options on some of the equity portfolio. Covered calls partially hedge against price declines of the underlying securities. The fund is actively managed, the adviser has full discretion to buy, hold, or sell securities at any given time. The fund may also engage in securities lending and invest in derivatives, cash, and money market instruments.