RBC today issued the RBC Commodity Booster Notes, Series 2 in response to investor demand.

Offering 100% principal protection, the notes have a five year term and give investors access to a basket of commodities that includes Brent crude oil, copper, nickel and zinc.

For any appreciation in the commodity basket above 0% and less than 55%, the notes will return 55% at maturity — the “Booster Zone”.

For any appreciation greater than 55%, the investor will receive the full appreciation of the commodity basket at maturity.

Should the change in the commodity basket be less than or equal to 0%, investors will receive their original principal amount at maturity.

The motes are issued in Canadian dollars and there is no direct foreign currency exposure.

The notes can be purchased through FundSERV (code RBC322) and are available to self-directed investors, as well as through investment advisors and financial planners up until May 25. With a maturity date of May 31, 2012, these notes are 100% RRSP eligible.