New Issue: RBC prices $980,640 return optimization securities tied to Russell 2000

By Angela McDaniels

Tacoma, Wash., Aug. 29 - Royal Bank of Canada priced $980,640 of 0% return optimization securities due Feb. 27, 2015 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than the initial index level, the payout at maturity will be par of $10 plus 300% of the index return, subject to a maximum return of 20.1%. If the final index level is less than the initial index level, investors will be fully exposed to the decline.

UBS Financial Services Inc. and RBC Capital Markets, LLC are the agents.

Issuer:	Royal Bank of Canada
Issue:	Return optimization securities
Underlying index:	Russell 2000
Amount:	$980,640
Maturity:	Feb. 27, 2015
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 300% of any gain in index, subject to maximum return of 20.1%; full exposure to any decline
Initial index level:	1,013.49
Pricing date:	Aug. 27
Settlement date:	Aug. 30
Agents:	UBS Financial Services Inc. and RBC Capital Markets, LLC
Fees:	2%
Cusip:	78009Q166

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