RBC to price enhanced return notes linked to iShares Russell 2000

By Susanna Moon

Chicago, Sept. 5 - Royal Bank of Canada plans to price 0% enhanced return notes due Oct. 30, 2009 linked to the iShares Russell 2000 index fund, according to a 424B5 filing with the Securities and Exchange Commission.

Payout at maturity will be par plus double any gain in the fund's share price, up to a maximum return of 22.5%. Investors will be exposed to any losses.

The notes will price on Sept. 25 and settle on Sept. 30.

RBC Capital Markets Corp. will be the underwriter.

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