New Issue: RBC prices $7.57 million PLUS linked to basket of indexes, ETFs

By Angela McDaniels

Tacoma, Wash., Dec. 31 - Royal Bank of Canada priced $7.57 million of 0% Performance Leveraged Upside Securities due June 20, 2014 linked to a basket of indexes and exchange-traded funds, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the Euro Stoxx 50 index with a 30% weight, the Russell 2000 index with a 25% weight, the SPDR Gold Trust with a 25% weight and the WisdomTree Japan Hedged Equity Fund with a 20% weight.

If the basket return is positive, the payout at maturity will be par of $10 plus 200% of the basket return, subject to a maximum return of 6.8%. If the basket return is negative, investors will have 1-to-1 exposure to the decline.

RBC Capital Markets, LLC is the agent with Morgan Stanley Smith Barney LLC handling distribution.

Issuer:	Royal Bank of Canada
Issue:	Performance Leveraged Upside Securities
Underlying basket:	Euro Stoxx 50 index (30% weight,) Russell 2000 index (25% weight), SPDR Gold Trust (25% weight) and WisdomTree Japan Hedged Equity Fund (20% weight)
Amount:	$7,566,110
Maturity:	June 20, 2014
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If basket return is positive, par plus 200% of basket return, subject to maximum return of 6.8%; if basket return is negative, 1-to-1 exposure to decline
Initial levels:	3,111.37 for Euro Stoxx 50, 1,161.09 for Russell 2000, $117.12 for gold ETF and $50.20 for Japan ETF
Pricing date:	Dec. 27
Settlement date:	Jan. 2
Agent:	RBC Capital Markets, LLC
Distribution:	Morgan Stanley Smith Barney LLC
Fees:	1.5%
Cusip:	78010Y307

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