New Issue: RBC prices $4.02 million market-linked securities on fund basket

By Jennifer Chiou

New York, Sept. 3 – Royal Bank of Canada priced $4,019,000 of 0% market-linked securities with leveraged upside participation to a cap and fixed percentage buffered downside due Sept. 4, 2018 linked to the SPDR S&P 500 ETF trust with a 50% weight, the iShares Russell 2000 ETF with a 20% weight, the iShares MSCI EAFE ETF with a 15% weight and the iShares MSCI Emerging Markets ETF with a 15% weight, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 140% of any gain in the basket, up to a maximum return of $1,400 per $1,000 principal amount.

Investors will receive par if the basket falls by up to 10% and will lose 1% for each 1% beyond 10%.

Wells Fargo Securities LLC is the agent.

Issuer:	Royal Bank of Canada
Issue:	Market-linked securities
Underlying ETFs: SPDR S&P 500 ETF trust (50% weight), iShares Russell 2000 ETF (20% weight), iShares MSCI EAFE ETF (15% weight) and iShares MSCI Emerging Markets ETF (15% weight)
Amount:	$4,019,000
Maturity:	Sept. 4, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 140% of any basket gain, capped at 40%; par for losses up to 10%; 1% loss for every 1% decline beyond buffer level
Buffer level:	90% of initial level
Pricing date:	Aug. 29
Settlement date:	Sept. 4
Agent:	Wells Fargo Securities LLC
Fees:	2.71%
Cusip:	78010UV38

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