RBC Financial Group today launched the RBC Principal Protected Commodity-Linked Notes, Series 3.
According to RBC, the new series of notes was developed in response to substantial investor demand for short-dated commodity structures that offer principal protection.
The notes mature in 3 1/2 years and offer investors access to a select group of commodities that includes aluminum, crude oil, copper, natural gas, and nickel.
The notes are available to self-directed investors, as well as through investment advisors and financial planners up until November 10, 2005.
The notes are 100% RRSP eligible, offer returns linked to 100% upside price performance and have a maturity date of May 16, 2009.
The notes can be purchased through FundSERV, by entering the code RBC302.