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Published on 5/1/2014 in the Prospect News Structured Products Daily.

RBC plans to price PLUS linked to WisdomTree Japan fund

By Toni Weeks

San Luis Obispo, Calif., May 1 - Royal Bank of Canada plans to price 0% Performance Leveraged Upside Securities due July 2015 linked to the WisdomTree Japan Hedged Equity fund, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10.00 plus 300% of any fund gain, up to a maximum return of 17%.

Investors will be fully exposed to any decline in the fund.

The exact terms will be set at pricing.

RBC Capital Markets, LLC is the agent.

The notes will price May 30.

The Cusip number is 78011Q279.


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