RBC launches new series of equity linked notesFirst such collaboration between RBC Asset Management and RBC Capital Markets
TORONTO, January 25, 2007 — RBC Financial Group
announces the launch of the RBC Global Titans Deposit Notes,
Series 1. This is the first time RBC Asset Management Inc.
will be the investment manager for the equity exposure of
a principal protected note. These notes are designed for risk-averse
retail investors that are seeking to increase diversification
in their portfolios.
The Notes are linked to a notional portfolio comprised of
global equities and potentially bonds, if required. The allocation
between the bond and the equity exposure will be based on
a dynamic re-balancing strategy. The initial allocation to
equity will be 100 per cent and may be increased or decreased
over the term of the note. The maximum potential equity exposure
is 200 per cent, which is achieved through the use of low
cost leverage. The equity exposure is actively managed to
substantially replicate the investment objectives and strategies
of the RBC Global Titans Fund.
"The launch of this new note is consistent with our
message that investors should proactively consider the amount
of their portfolio that is allocated to assets outside of
Canada," said Brett Berman, vice president, Research
& Development, RBC Asset Management. "The RBC Global
Titans Deposit Notes give investors one more alternative to
achieve exposure to global markets with the additional feature
of principal protection, at a reasonable cost."
Available through investment advisors and financial planners
up until March 16, 2007, the Series 1 notes have a maturity
date of September 22, 2014 and can be acquired through FundSERV
(code RBC401). For complete details, please visit http://www.rbccm.com/notes/titans
to view the Information Statement.
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For further information, please contact:
Jackie Braden (416) 974-2124
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