New Issue: RBC sells $26.17 million return optimization notes tied to energy fund

By Devika Patel

Knoxville, Tenn., Nov. 9 – Royal Bank of Canada priced $26,167,500 of 0% return optimization securities due Dec. 8, 2016 linked to the Energy Select Sector SPDR Fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus triple any fund gain, up to a maximum return of 19.85%.

Investors will be exposed to any losses.

UBS Financial Services Inc. and RBC Capital Markets, LLC are the agents.

Issuer:	Royal Bank of Canada
Issue:	Return optimization securities
Underlying index:	Energy Select Sector SPDR Fund
Amount:	$26,167,500
Maturity:	Dec. 8, 2016
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	Par plus triple of any fund gain, capped at 19.85%; exposure to any losses
Initial level:	$70.16
Pricing date:	Nov. 5
Settlement date:	Nov. 10
Agents:	UBS Financial Services Inc. and RBC Capital Markets, LLC
Fees:	2%
Cusip:	78012KFZ5

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