RBC plans one-year bullish enhanced return notes linked to fund basket

By Susanna Moon

Chicago, Aug. 17 - Royal Bank of Canada plans to price 0% bullish enhanced return notes due Aug. 23, 2013 linked to a basket of five exchange-traded funds, according to an FWP filing with the Securities and Exchange Commission.

The basket consists of the SPDR S&P 500 Trust with a 53% weight, the iShares MSCI EAFE index fund with a 23% weight, the SPDR S&P Midcap 400 ETF Trust with an 8% weight, the iShares Russell 2000 index fund with an 8% weight and the iShares MSCI Emerging Market fund with an 8% weight.

The payout at maturity will be par plus double any gain in the basket, up to a maximum return of 19 %.

Investors will be exposed to any losses.

RBC Capital Markets, LLC is the agent.

The notes will price on Aug. 20 and settle on Aug. 23.

The Cusip number is 78008SGK6.

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