RBC Financial Group has launched the RBC Principal Protected Commodity Linked Notes, Series 1 aimed at risk-averse retail investors looking to achieve exposure to commodities. The RBC Commodity Linked Notes offers investors access to a basket of commodities that includes aluminium, crude oil, copper, lead, natural gas, nickel and platinum.
The RBC Commodity Linked Notes are available to self-directed investors, as well as through investment advisors and financial planners up until July 26, 2005. The Commodity Notes offer investors the opportunity to participate in 125% of the upside price performance of the commodity basket. For example, should the basket of commodities increase by 10 per cent over the 5-year term, an investor would realize a 12.50% increase in the value of the Notes. These Notes are 100% RRSP eligible, and have a maturity date of July 29, 2010. The notes can be purchased through FundSERV code RBC300.