RBC announces next series of Commodity Booster Notes
TORONTO, October 23, 2007 — RBC today issued
the RBC Commodity Booster Notes, Series 4 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 WTI crude oil, copper
and zinc. For any appreciation in the commodity basket above
zero per cent and less than 50 per cent, the Notes will return
50 per cent at maturity - the "Booster Zone". For
any appreciation greater than 50 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 RBC324) and are available to self-directed
investors, as well as through investment advisors and financial
planners up until November 30, 2007. With a maturity date
of December 5, 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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Media contact:
Jackie Braden (416) 974-2124
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