RBC Financial Group today launched the RBC Canaccord Independence Income Growth Deposit Notes Series 1 and 2.

The notes are principal protected and linked to a portfolio designed to replicate the Canaccord Independence Income Growth Portfolio and potentially bonds, if required to guarantee principal.

The Canaccord Independence Income Growth Portfolio is managed by Nick Majendie and Alan Berge who have generated compound annual returns of 18.3% since the fund’s inception in March 2000 through to September 30, 2006.

The notes are available to self-directed investors, as well as through investment advisors and financial planners up until Dec. 29, 2006. The Series 1 Notes have a maturity date of July 10, 2014 and the Series 2 Notes, which have no load and are designed for fee-based accounts, mature Oct. 10, 2012.