RBC announces next series of commodity booster notes
TORONTO, May 1, 2007 — RBC today issued the
RBC Commodity Booster Notes, Series 2 in response to investor
demand for innovative commodity structures.
Offering 100 per cent principal protection, the RBC Commodity
Booster Notes have a five year term and give investors access
to a basket of commodities that includes Brent crude oil,
copper, nickel and zinc. For any appreciation in the commodity
basket above zero per cent and less than 55 per cent, the
Notes will return 55 per cent at maturity - the "Booster
Zone". For any appreciation greater than 55 per cent,
the investor will receive the full appreciation of the commodity
basket at maturity. Should the change in the commodity basket
be less than or equal to zero per cent, investors will receive
their original principal amount at maturity. The Notes are
issued in Canadian dollars and there is no direct foreign
currency exposure.
The RBC Commodity Booster Notes can be purchased through
FundSERV (code RBC322) and are available to self-directed
investors, as well as through investment advisors and financial
planners up until May 25, 2007. With a maturity date of May
31, 2012, these Notes are 100 per cent RRSP eligible. For
complete details and to view the information statement, please
visit www.rbccm.com/notes.
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For further information, please contact:
Jackie Braden (416) 974-2124
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