RBC Financial Group today launched the RBC Principal Protected Commodity Linked Notes, Series 1. The notes offer access to a basket of commodities that includes aluminium, crude oil, copper, lead, natural gas, nickel and platinum.

The notes are aimed at risk-averse retail investors looking to achieve exposure to commodities. They are available to self directed investors, as well as through investment advisors and financial planners up until July 26.

RBC says the notes offer investors the opportunity to participate in 125% of the upside price performance of the commodity basket.

For example, should the basket of commodities increase by 10% over the 5-year term, an investor would realize a 12.50% increase in the value of the notes.

These notes are 100% RRSP eligible, and have a maturity date of July 29, 2010. The notes can be purchased through FundSERV code RBC300.