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Published on 7/7/2014 in the Prospect News Structured Products Daily.

New Issue: RBC prices $7.91 million PLUS due 2014 linked to index, fund basket

By Susanna Moon

Chicago, July 7 – Royal Bank of Canada priced $7.91 million of 0% Performance Leveraged Upside Securities due Dec. 26, 2014 linked to a basket of indexes and funds, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the Russell 2000 index with a 40% weight, the Euro Stoxx 50 index with a 25% weight, the WisdomTree Japan Hedged Equity fund with a 25% weight and the Market Vectors Gold Miners exchange-traded fund with a 10% weight.

The payout at maturity will be par of $10 plus double any gain in the basket, up to a maximum return of 6%.

Investors will be exposed to any losses.

RBC Capital Markets, LLC is the agent with Morgan Stanley Wealth Management as distributor.

Issuer:Royal Bank of Canada
Issue:Performance Leveraged Upside Securities
Underlying basket:Russell 2000 index (40% weight), the Euro Stoxx 50 index (25% weight), the WisdomTree Japan Hedged Equity fund (25% weight) and the Market Vectors Gold Miners ETF (10% weight)
Amount:$7,914,450
Maturity:Dec. 26, 2014
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus 200% of any basket gain, capped at 6%; exposure to any losses
Initial level:1,205.946 for Russell, 3,258.71 for Euro Stoxx, $50.22 for WisdomTree and $26.24 for Gold Miners
Pricing date:July 1
Settlement date:July 7
Agent:RBC Capital Markets, LLC
Dealer:Morgan Stanley Wealth Management
Fees:1.5%
Cusip:78011Q675

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