RBC Financial Group and Dundee Securities have launched the first series of Dundee AdvantagePlus Focused Commodity Notes, which provide a portfolio of commodities for investors.
Available for purchase until October 13, the notes offer high liquidity and access to six industrial and energy commodities. These commodities include crude oil, natural gas, aluminum, zinc, copper and nickel.
With Canadian dollar-denominated returns linked to the appreciation of the commodity basket, the note are 100% principal protected if held to maturity; RRSP eligible and offer full currency protection.
Issued in Canadian dollars, the notes are guaranteed by Royal Bank of Canada and run for a four-year term, maturing on or about Sept. 30, 2010.
RBC issues Dundee Advantageplus Focused Commodity Notes, Series 1
Notes offer access to six industrial and energy commodities
- By: IE Staff
- September 12, 2006 September 12, 2006
- 07:50