RBC to price six-month PLUS linked to index, fund basket

By Marisa Wong

Madison, Wis., Dec. 20 - Royal Bank of Canada plans to price 0% Performance Leveraged Upside Securities due June 2014 linked to a basket of indexes and funds, according to an FWP 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.

The payout at maturity will be par of $10.00 plus double any basket gain, up to a maximum return of 6.8%.

Investors will be exposed to any losses.

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

The notes will price on Dec. 24.

The Cusip number is 78010Y307.

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