RBC today launched the RBC AIM Trimark Global Balanced Deposit Notes Series 1 and 2 for risk-averse investors looking to diversify their portfolio into global markets.
The notes are principal protected and linked to the performance of a notional portfolio comprised of units of the Trimark Global Balanced Fund, managed by Aim Funds Management Inc., and potentially bonds if needed to guarantee principal.
The RBC AIM Trimark Global Balanced Deposit Notes Series 1 provide for monthly coupons, while the Series 2 Notes provide monthly partial principal repayments, equivalent in both instances to 5.04% of the fund holdings in the portfolio.
Both notes are available to self-directed investors, as well as through investment advisors and financial planners, up until June 29, 2007. The maturity date of both notes is Jan. 5, 2015, resulting in a term of about seven and a half years.
The notes can be purchased through FundSERV as codes RBC511 (Series 1) and RBC512 (Series 2).
RBC launches new series of notes with AIM Trimark
- By: IE Staff
- May 9, 2007 May 9, 2007
- 10:15