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Published on 12/23/2015 in the Prospect News Structured Products Daily.

RBC plans six-month PLUS with cap linked to two indexes, four funds

By Susanna Moon

Chicago, Dec. 23 – Royal Bank of Canada plans to price 0% Performance Leveraged Upside Securities due June 27, 2016 linked to a basket of two indexes and four exchange-traded funds, according to an FWP filing with the Securities and Exchange Commission.

The basket consists of the S&P 500 index with a 30% weight, the Euro Stoxx 50 index with a 30% weight, the WisdomTree Japan Hedged Equity fund with a 10% weight, the iShares MSCI Emerging Markets ETF with a 10% weight, the Market Vectors Gold Miners ETF with a 10% weight and the SPDR S&P Oil & Gas Exploration & Production ETF with a 10% weight.

The payout at maturity will be par plus 200% of any basket gain, up to a maximum return of 9.25%.

Investors will be fully exposed to any losses.

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

The notes will price on Dec. 30 and settle on Jan. 5.

The Cusip number is 78013C443.


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