RBC Financial Group today launched the RBC Principal Protected Commodity Linked Notes, Series 8.
The principal-protected notes offer investors access to a select group of commodities that includes aluminum, crude oil, copper, and zinc as well as two commodity indices — the Goldman Sachs agricultural excess return index and the Goldman Sachs gold excess return sub-index.
The notes are 100% RRSP eligible and offer returns linked to 100% of the uncapped positive performance of the weighted basket of commodities and commodity indices, with no direct currency exposure and a maturity date of April 28, 2010 — providing for a short four year term.
They are available to self-directed investors, as well as through investment advisors and financial planners up until April 24.
The notes can be purchased through FundSERV, by entering the code RBC308.