RBC plans to price PLUS due 2015 linked to WisdomTree Japan

By Toni Weeks

San Luis Obispo, Calif., June 24 – 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 a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 300% of any fund gain, capped at 13.5%.

Investors will share in any losses.

The notes (Cusip: 78011Q683) are expected to price June 27 and settle three business days later.

RBC Capital Markets, LLC is the agent. Distribution is through Morgan Stanley Wealth Management.

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