RBC Utilities Basket Callable Yield 7.00% Securities (CAD), Series 496

Autocall Feature
• The notes will redeem automatically (Autocall Redemption Event) if the performance of the basket is > or = to 100% of the Initial Level on the relevant Valuation Date
• First callable observation date: January 10, 2023, semi-annual observation dates will follow thereafter
Semi-annual Interest
• Potential 3.5000% (7.00% per annum) payable based on the basket performance
• Coupon Barrier Level is 75% of Initial value of the basket performance
• First interest observation date is July 11, 2022, semi-annual observation dates will follow thereafter
Payoff at Maturity
• If the basket performance is = or > 75.0%, client receives principal
• If the basket performance is < 75.0%, client receives the underlying performance
• In addition to above, an Interest Payment will be paid if the basket performance is > or = the Coupon Barrier Level on the Final Valuation Date

Initial Price $100.00
Current Price as of 11-Jun-25 $87.07
Current ETC 0.00 %
Current Price Less ETC $87.07
ETC End Date 12-Oct-22
Issue Date 14-Jan-22
Maturity Date 15-Jan-29
Term 7 years
Denomination CAD
FundSERV Code RBC7696
ADP Code R042368
CUSIP
Product Type Non-Principal Protected
Structure Callable Yield
Secondary Market Fundserv
Asset Class Equity – Domestic
Principal ProtectionConditional Protection
Protection Barrier75 %
Autocallable Level100 %
Coupon Barrier75 %
Coupon7.00 %
Observation TypeEuropean
ALGONQUIN POWER &amp; UTILITIES CORP (AQN)
BROOKFIELD RENEWABLE PARTNERS LP (BEP_u)
CAPITAL POWER CORP (CPX)
SUPERIOR PLUS CORP (SPB)
TransAlta Corporation + Cash (TA1_Basket)
# of Days since Settlement: 1243
Current ETC 0.00 %
Period Date ETC
1 - 45 days 28-Feb-22 3.00 %
46 - 90 days 14-Apr-22 2.75 %
91 - 135 days 29-May-22 2.50 %
136 - 180 days 13-Jul-22 2.00 %
181 - 225 days 27-Aug-22 1.50 %
226 - 270 days 11-Oct-22 1.00 %
Thereafter 12-Oct-22 0%

Benchmarks




Day Over Day Price Change $-0.89
52 Week High $91.65 (06-Jan-25)
52 Week Low $64.35 (19-Jul-24)

Portfolio Ticker
Initial Level
as of 10-Jan-22
Current Level
as of 10-Jun-25
Component Weight
Protection Barrier
Protection Barrier Level
Coupon Barrier
Coupon Barrier Level
Autocall Redemption Level
Percentage Change
Weighted Component
Change
ALGONQUIN POWER &amp; UTILITIES CORP AQN
17.75
7.97
20.00%
75.00%
13.31
75.00%
13.31
17.75
-55.10%
-11.02%
BROOKFIELD RENEWABLE PARTNERS LP BEP_u
43.01
35.89
20.00%
75.00%
32.26
75.00%
32.26
43.01
-16.55%
-3.31%
CAPITAL POWER CORP CPX
38.85
57.12
20.00%
75.00%
29.14
75.00%
29.14
38.85
47.03%
9.41%
SUPERIOR PLUS CORP SPB
12.93
7.97
20.00%
75.00%
9.70
75.00%
9.70
12.93
-38.36%
-7.67%
TransAlta Corporation + Cash TA1_Basket
18.000
14.0726
20.00%
75.00%
13.50
75.00%
13.50
18.00
-21.82%
-4.36%
 

Corporate Actions

Effective October 10, 2023, TransAlta Renewables Inc. shareholders will receive 0.66 shares of TransAlta Corporation and CAD$4.694 for each outstanding TransAlta Renewables Inc. common share held.
Observation Date Payment Date Coupon Barrier Level Payment Amount (%) Autocall Redemption Level
11-Jul-22 14-Jul-22 75% 3.50
10-Jan-23 13-Jan-23 75% 3.50 100%
10-Jul-23 13-Jul-23 75% 3.50 100%
10-Jan-24 15-Jan-24 75% 0.00 100%
10-Jul-24 15-Jul-24 75% 0.00 100%
10-Jan-25 15-Jan-25 75% 3.50 100%
10-Jul-25 15-Jul-25 75% - 100%
12-Jan-26 15-Jan-26 75% - 100%
10-Jul-26 15-Jul-26 75% - 100%
11-Jan-27 14-Jan-27 75% - 100%
12-Jul-27 15-Jul-27 75% - 100%
10-Jan-28 13-Jan-28 75% - 100%
10-Jul-28 13-Jul-28 75% - 100%
10-Jan-29 15-Jan-29 75% -
Distribution Type Interest
Total Distributions to Date $14.00
Total Note Return $101.07
Compound Annual Growth Rate 0.31 %

Disclaimer

The material on this website is for information purposes only and does not constitute an offer to sell or a solicitation of an offer to buy Notes. An investment in principal at risk notes may not be suitable for all investors. Principal at risk notes are not principal protected and repayment of the principal amount invested is not guaranteed. Any return on principal at risk notes depends on the performance of the underlying assets. Investors should read the applicable Pricing Supplement for an issue of Notes carefully before investing and should discuss the suitability of an investment in the Notes with their investment advisor before making an investment decision. The offering and sale of Notes may be prohibited or restricted by laws in certain jurisdictions. Notes may only be purchased where they may be lawfully offered for sale and only through individuals qualified to sell them in such jurisdictions. Certain information contained herein was obtained from public sources and/or calculated data publicly available. Such information and any statistical data contained herein have been obtained from sources which RBC Dominion Securities Inc. (“RBC”) believes to be reliable, but neither RBC nor the Bank has independently verified the accuracy or completeness of any such information nor assumes any responsibility or liability of any nature whatsoever for the completeness, adequacy, or accuracy of such information. RBC, the Bank and its affiliates expressly disclaim any liability or responsibility to you or to any other person for any general, direct, indirect, incidental, special or consequential losses or damages (including, but not limited to, loss of profits or revenue or failure to realize expected profits or savings or the avoidance of any losses) arising out of or related to the material on this website or its use. Please refer as well to the additional Policies and Disclaimers available at: https://www.rbccm.com/en/policies-disclaimers.page.

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