RBC plans to price PLUS linked to basket of three indexes, two funds

By Susanna Moon

Chicago, Dec. 18 – Royal Bank of Canada plans to price 0% Performance Leveraged Upside Securities due July 2015 linked to a basket containing three indexes and two exchange-traded funds, equally weighted, according to an FWP filing with the Securities and Exchange Commission.

The basket consists of the Russell 2000 index with a 30% weight, the Euro Stoxx 50 index with a 30% weight, the Market Vectors Gold Miners ETF with a 15% weight, the SPDR S&P Oil & Gas Exploration & Production ETF with a 15% weight and the Topix index a 10% weight.

The payout at maturity will be par plus double any basket gain, up to a maximum return of at least $11.15 per $10.00 note. The exact maximum payment will be set at pricing.

Investors will be exposed to any losses.

RBC Capital Markets, LLC is the agent. Morgan Stanley Wealth Management will handle distribution.

The notes will price on Dec. 30.

The Cusip number is 78011Y850.

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