Overview
5.50% coupon per annum (paid as fixed monthly interest payments of 0.4583%). Unitholders will receive $100 at maturity if the underlying basket has not depreciated by more than 35% on the final valuation date. Otherwise, the unitholder receives a loss equivalent to the performance of the basket.Summary Details
Initial Price | $100.00 |
Current Price as of 01-May-25 | $100.46 |
Current ETC | 0.00 % |
Current Price Less ETC | $100.46 |
Issue Date | 21-Aug-20 |
Maturity Date | 21-Aug-25 |
Term | 5 years |
Denomination | CAD |
FundSERV Code | RBC6085 |
ADP Code | R037980 |
CUSIP | |
Product Type | Non-Principal Protected |
Structure | Fixed Yield |
Reference Information
Secondary Market | Fundserv |
Asset Class | Equity – Domestic |
Principal Protection | Conditional Protection |
Protection Barrier | 65 % |
Coupon | 5.50 % |
Observation Type | European |
Underlying
BANK OF MONTREAL (BMO) |
BANK OF NOVA SCOTIA/THE (BNS) |
CANADIAN IMPERIAL BANK OF COMMERCE (CM) |
NATIONAL BANK OF CANADA (NA) |
ROYAL BANK OF CANADA (RY) |
TORONTO-DOMINION BANK/THE (TD) |
Early Trading Charge Schedule
# of Days since Settlement: | 1713 | |
Current ETC | 0.00 % |
Historical Performance
Benchmarks
Historical Pricing
Day Over Day Price Change | $0.00 | |
52 Week High | $101.67 (23-Sep-24) | |
52 Week Low | $99.89 (29-May-24) |
Performance of Underlying Markets
Portfolio | Ticker | Initial Level as of 17-Aug-20 |
Current Level as of 01-May-25 |
Protection Barrier |
Protection Barrier Level |
Component Weight |
Weighted Component Change |
---|---|---|---|---|---|---|---|
BANK OF MONTREAL | BMO | 77.78 |
133.27 |
65.00% |
50.56 |
16.67% |
11.89% |
BANK OF NOVA SCOTIA/THE | BNS | 57.21 |
69.00 |
65.00% |
37.19 |
16.67% |
3.44% |
CANADIAN IMPERIAL BANK OF COMMERCE | CM | 48.665 |
87.32 |
65.00% |
31.63 |
16.67% |
13.24% |
NATIONAL BANK OF CANADA | NA | 66.41 |
121.09 |
65.00% |
43.17 |
16.67% |
13.73% |
ROYAL BANK OF CANADA | RY | 97.10 |
166.15 |
65.00% |
63.12 |
16.67% |
11.85% |
TORONTO-DOMINION BANK/THE | TD | 62.96 |
87.41 |
65.00% |
40.92 |
16.67% |
6.47% |
Current Performance of the portfolio | 60.62% |
Corporate Actions
Effective May 16, 2022: Canadian Imperial Bank of Commerce underwent a 2 for 1 stock split.Distribution Details
Payment Date | Payment Amount (%) |
---|---|
21-Sep-20 | 0.4583 |
21-Oct-20 | 0.4583 |
23-Nov-20 | 0.4583 |
21-Dec-20 | 0.4583 |
21-Jan-21 | 0.4583 |
22-Feb-21 | 0.4583 |
22-Mar-21 | 0.4583 |
21-Apr-21 | 0.4583 |
21-May-21 | 0.4583 |
21-Jun-21 | 0.4583 |
21-Jul-21 | 0.4583 |
23-Aug-21 | 0.4583 |
21-Sep-21 | 0.4583 |
21-Oct-21 | 0.4583 |
22-Nov-21 | 0.9166 |
21-Dec-21 | 0.4583 |
21-Jan-22 | 0.4583 |
22-Feb-22 | 0.4583 |
21-Mar-22 | 0.4583 |
21-Apr-22 | 0.4583 |
24-May-22 | 0.4583 |
21-Jun-22 | 0.4583 |
21-Jul-22 | 0.4583 |
22-Aug-22 | 0.4583 |
21-Sep-22 | 0.4583 |
21-Oct-22 | 0.4583 |
21-Nov-22 | 0.4583 |
21-Dec-22 | 0.4583 |
23-Jan-23 | 0.4583 |
21-Feb-23 | 0.4583 |
21-Mar-23 | 0.4583 |
21-Apr-23 | 0.4583 |
23-May-23 | 0.4583 |
21-Jun-23 | 0.4583 |
21-Jul-23 | 0.4583 |
21-Aug-23 | 0.4583 |
21-Sep-23 | 0.4583 |
23-Oct-23 | 0.4583 |
21-Nov-23 | 0.4583 |
21-Dec-23 | 0.4583 |
22-Jan-24 | 0.4583 |
21-Feb-24 | 0.4583 |
21-Mar-24 | 0.4583 |
22-Apr-24 | 0.4583 |
21-May-24 | 0.4583 |
21-Jun-24 | 0.4583 |
22-Jul-24 | 0.4583 |
21-Aug-24 | 0.4583 |
23-Sep-24 | 0.4583 |
21-Oct-24 | 0.4583 |
21-Nov-24 | 0.4583 |
23-Dec-24 | 0.4583 |
21-Jan-25 | 0.4583 |
21-Feb-25 | 0.4583 |
21-Mar-25 | 0.4583 |
21-Apr-25 | 0.4583 |
21-May-25 | - |
23-Jun-25 | - |
21-Jul-25 | - |
21-Aug-25 | - |
Distribution Type | Interest |
Total Distributions to Date | $26.12 |
Total Note Return | $126.58 |
Compound Annual Growth Rate | 5.15 % |
Documents
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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