Shareholders of a company have the right to vote on certain aspects of the company's business, such as the election of the company's directors and the appointment of auditors. A proxy is the document that companies send to shareholders to get their voting instructions.Exchange Traded Funds (ETFs) with an equity component hold shares of companies. The ETFs are entitled to exercise the voting rights attached to those shares.
RBC Global Asset Management Inc. exercise the voting rights attached to securities held by the RBC ETFs. Please click below for the proxy voting policy of RBC Global Asset Management Inc:
Proxy Voting Records
Below you can find out how the voting rights were exercised on behalf of the RBC ETFs that held voting securities.
*Source: RBC GAM, IFIC. Based on AUM including IFIC money market, fixed income, income oriented balanced and income oriented equity mutual fund solutions plus income oriented ETF solutions as of June 30, 2015.