By Susanna Moon
Chicago, July 7 – Royal Bank of Canada priced $11.37 million of 0% Performance Leveraged Upside Securities due Dec. 28, 2015 linked to a basket of two indexes and two exchange-traded funds, according to a 424B2 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 20% weight and the SPDR S&P Oil & Gas Exploration & Production ETF with a 20% weight.
The payout at maturity will be par of $10 plus 1.5 times any gain in the basket, up to a maximum return of 7.85%.
Investors will be exposed to any losses.
RBC Capital Markets, LLC is the agent with Morgan Stanley Wealth Management handling distribution.
| Issuer: | Royal Bank of Canada
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| Issue: | Performance Leveraged Upside Securities
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| Underlyings: | Russell 2000 index (30% weight), Euro Stoxx 50 index (30% weight), Market Vectors Gold Miners ETF (20% weight) and SPDR S&P Oil & Gas Exploration & Production ETF (20% weight)
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| Amount: | $11,372,830
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| Maturity: | Dec. 28, 2015
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| Coupon: | 0%
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| Price: | Par of $10
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| Payout at maturity: | Par plus 150% of any basket gain, capped at 7.85%; full exposure to losses
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| Pricing date: | July 6
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| Settlement date: | July 9
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| Agent: | RBC Capital Markets, LLC
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| Dealer: | Morgan Stanley Wealth Management
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| Fees: | 1.25%
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| Cusip: | 78013D383
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