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News Releases

 

RBC launches new series of notes in partnership with Canaccord Capital Inc.

TORONTO, November 17, 2006 — RBC Financial Group today launched the RBC Canaccord Independence Income Growth Deposit Notes Series 1 and 2 for risk-adverse investors looking to diversify their portfolio. The Notes are principal protected and linked to a portfolio designed to replicate the Canaccord Independence Income Growth Portfolio and potentially bonds, if required to guarantee principal. The Canaccord Independence Income Growth Portfolio is managed by Nick Majendie and Alan Berge who have generated compound annual returns of 18.3 per cent since the fund's inception in March 2000 through to September 30, 2006.

The Notes are available to self-directed investors, as well as through investment advisors and financial planners up until December 29, 2006. The Series 1 Notes have a maturity date of July 10, 2014 and the Series 2 Notes, which have no load and are designed for fee-based accounts, mature October 10, 2012. For complete details, please visit www.rbccm.com/notes to view the individual Information Statements.

ABOUT CANACCORD CAPITAL INC.:
Through its principal subsidiaries, Canaccord Capital Inc. (TSX & AIM: CCI) is a leading independent, full service investment dealer in Canada with capital markets operations in the United Kingdom and the United States of America. Canaccord is publicly traded on both the Toronto Stock Exchange and AIM, a market operated by the London Stock Exchange. Canaccord has operations in two of the principal segments of the securities industry: private client services and capital markets. Together, these operations offer a wide range of complementary investment products, brokerage services and investment banking services to Canaccord's private, institutional and corporate clients. Canaccord has approximately 1,550 employees worldwide in 30 offices, including 23 Private Client Services offices located across Canada. Canaccord Adams, the international capital markets division, has operations in Toronto, London, Boston, Vancouver, New York, Calgary, Montreal, San Francisco, Houston and Barbados.

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For further information, please contact:
Jackie Braden (416) 974-2124

 

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