RBC Solactive MFC AR 1.60 Index Autocallable 10.30% Securities (CAD), Series 657

Autocall Feature
  • The note will redeem automatically (Autocall Redemption Event) if the performance of the underlying is > or = to 102.5% of the Initial Level on the relevant Valuation Date
  • First callable observation date after 12 months on 20-Jul-26, semi-annual observation dates will follow thereafter
  • In addition to above, an Interest Payment will be paid if the underlying performance is > or = the Autocall Level on the Final Valuation Date
    • Year 1: 10.3%
    • Year 1.5: 15.45%
    • Year 2: 20.6%
    • Year 2.5: 25.75%
    • Year 3: 30.9%
    • Year 3.5: 36.05%
    • Year 4: 41.2%
    • Year 4.5: 46.35%
    • Year 5: 51.5%
    • Year 5.5: 56.65%
    • Year 6: 61.8%
    • Year 6.5: 66.95%
    • Year 7: 72.1%
Payoff at Maturity
  • If the underlying performance is > or = 75%, the investor receives the principal
  • If the underlying performance is < 75%, the investor receives the underlying performance
  • In addition to above, an Interest Payment will be paid if the underlying performance is > or = the autocall Level on the Final Valuation Date
 

Initial Price $100.00
Current Price as of 01-Aug-25 $100.00
Current ETC 0.00 %
Current Price Less ETC $100.00
ETC End Date 29-Jan-26
Issue Date 01-Aug-25
Maturity Date 03-Aug-32
Term 7 years
Denomination CAD
FundSERV Code RBC13313
ADP Code R060224
CUSIP
Product Type Non-Principal Protected
Structure Autocallable
Secondary Market Fundserv
Asset Class Equity – Domestic
Principal ProtectionBarrier
Protection Barrier75 %
Autocallable Level102.5 %
Upside Participation2 %
Downside Participation100 %
Observation TypeEuropean
Solactive Manulife AR 1.60 Index (SOMFC160)
# of Days since Settlement: 0
Current ETC 0.00 %
Period Date ETC
1 - 60 days 30-Sep-25 3.00 %
61 - 120 days 29-Nov-25 2.00 %
121 - 180 days 28-Jan-26 1.00 %
Thereafter 29-Jan-26 0%

Benchmarks




Day Over Day Price Change $
52 Week High $100.00 (01-Aug-25)
52 Week Low $100.00 (01-Aug-25)

Portfolio Ticker
Initial Level
as of 18-Jul-25
Current Level
as of 01-Aug-25
Component Weight
Protection Barrier
Protection Barrier Level
Coupon Barrier
Coupon Barrier Level
Autocall Redemption Level
Percentage Change
Weighted Component
Change
Solactive Manulife AR 1.60 Index SOMFC160
42.5700
42.1700
100.00%
75.00%
31.93
-
-
43.63
-0.94%
-0.94%
 
Observation Date Payment Date Autocall Redemption Level Payment Amount (%)
20-Jul-26 23-Jul-26 102.5% 110.3311
18-Jan-27 21-Jan-27 102.5% 115.507
19-Jul-27 22-Jul-27 102.5% 120.6842
18-Jan-28 21-Jan-28 102.5% 125.8627
18-Jul-28 21-Jul-28 102.5% 131.0417
18-Jan-29 23-Jan-29 102.5% 136.2221
18-Jul-29 23-Jul-29 102.5% 141.4033
18-Jan-30 23-Jan-30 102.5% 146.5862
18-Jul-30 23-Jul-30 102.5% 151.7701
20-Jan-31 23-Jan-31 102.5% 156.9567
18-Jul-31 23-Jul-31 102.5% 162.1435
19-Jan-32 22-Jan-32 102.5% 167.3332
19-Jul-32 03-Aug-32 102.5% 172.5239
Distribution Type Interest
Total Distributions to Date $0
Total Note Return $100.00
Compound Annual Growth Rate 0 %

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.

Index Disclaimer

The Index referred to above (the “Index”) is a product of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”) and, if applicable, TSX Inc., and has been licensed for use by Royal Bank of Canada (the “Bank”). Standard & Poor’s®, S&P® and S&P 500® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”) and Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”). TSX is a registered trademark of TSX Inc. The trademarks have been licensed for use by SPDJI and have been sublicensed for certain purposes by the Bank. The Bank’s products are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, or TSX Inc. and none of such parties make any representation regarding the advisability of investing in such products nor do they have any liability for any errors, omissions, or interruptions of the Index.


Nikkei Stock Average©
Nikkei Average© or
Nikkei 225©
© Nikkei Inc.