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Published on 6/21/2013 in the Prospect News Structured Products Daily.

New Issue: RBC prices $6.74 million six-month PLUS with cap linked to one fund, three indexes

By Toni Weeks

San Luis Obispo, Calif., June 21 - Royal Bank of Canada priced $6.74 million of 0% Performance Leveraged Upside Securities due Dec. 24, 2013 linked to a basket of indexes and a fund, according to a 424B filing with the Securities and Exchange Commission.

The basket consists of the Russell 2000 index with a 30% weight, the S&P 500 index with a 25% weight, the Euro Stoxx 50 index with a 25% weight and the SPDR Gold Trust with a 20% weight.

The payout at maturity will be par plus double any basket gain, up to a maximum return of 7%.

Investors will be exposed to any losses.

RBC Capital Markets, LLC is the agent with Morgan Stanley Smith Barney LLC as dealer.

Issuer:Royal Bank of Canada
Issue:Performance Leveraged Upside Securities
Underlying:Russell 2000 index (30% weight), S&P 500 index (25% weight), Euro Stoxx 50 index (25% weight) and SPDR Gold Trust (20% weight)
Amount:$6,737,720
Maturity date:Dec. 24, 2013
Coupon:0%
Price:Par
Payout at maturity:Par plus double any gain in the basket, up to a maximum return of 7%; full exposure to losses
Initial levels:986.5 for Russell, 1,628.93 for S&P 500, 2,683.98 for Euro Stoxx and $130.59 for gold trust
Pricing date:June 19
Settlement date:June 24
Agent:RBC Capital Markets, LLC is the agent with Morgan Stanley Smith Barney LLC as dealer
Fees:1.5%
Cusip:78008Y749

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