RBC plans to price PLUS linked to WisdomTree Japan Hedged Equity Fund

By Angela McDaniels

Tacoma, Wash., May 5 – Royal Bank of Canada plans to price 0% Performance Leveraged Upside Securities due Sept. 6, 2016 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 plus triple any gain in the fund, up to a maximum return of 14.75%. Investors will be fully exposed to any decline in the fund.

RBC Capital Markets LLC is the agent with Morgan Stanley Wealth Management handling distribution.

The notes will price May 29 and settle June 3.

The Cusip number is 780082848.

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