Overview
The Securities have been designed for investors seeking a return based on the Bank's proprietary multi-factor model referred to as the RBC 8-Factor Quantitative Model, with the ability to allocate to fixed income investments based on the trend of the S&P 500 Index Index using the Strategy. The goal of the Strategy is to be exposed to the shares selected by the Model when the trend is positive for the equity markets and to reduce or eliminate this exposure as the trend for the equity markets becomes negative. The return of the Securities will reflect the return of a notional portfolio allocated dynamically between an Equity Investment or a Fixed Income Investment, determined and re-allocated on a monthly basis based on the Strategy. An Equity Investment will be a notional portfolio composed of shares of the top 25 ranked companies resulting from the application of the Model.Summary Details
Initial Price | $100.00 |
Current Price as of 06-Feb-18 | $ |
Current ETC | 0.00 % |
Current Price Less ETC | $ |
Issue Date | 05-Mar-18 |
Maturity Date | 09-Feb-28 |
Term | 10 years |
Denomination | CAD |
FundSERV Code | RBC2527 |
ADP Code | R032644 |
CUSIP | |
Product Type | Rules-Based Investment Securities |
Structure | US Large Cap Tactical |
Asset Allocation as of 31-Oct-23 | Enters 100% Fixed Income |
Reference Information
Secondary Market | Fundserv |
Asset Class | Equity – US |
Principal Protection | None |
Underlying
Aflac Inc (AFL) |
APPLIED MATERIALS INC (AMAT) |
Baxter International Inc (BAX) |
BEST BUY CO INC (BBY) |
BROADCOM INC (AVGO) |
Cincinnati Financial Corp (CINF) |
CITRIX SYSTEMS INC (CTXS) |
Entergy Corp (ETR) |
Garmin Ltd (GRMN) |
GENERAL MOTORS CO (GM) |
Ingersoll-Rand PLC (IR) |
L-3 Communications Holdings Inc (LLL) |
LAM RESEARCH CORP (LRCX) |
MALLINCKRODT PLC (MNK) |
Michael Kors Holdings Ltd (KORS) |
Navient Corp (NAVI) |
NetApp Inc (NTAP) |
NEWMONT CORP (NEM) |
NRG ENERGY INC (NRG) |
NVIDIA CORP (NVDA) |
PULTEGROUP INC (PHM) |
Teradata Corporation (TDC) |
Tyson Foods Inc (TSN) |
United Rentals Inc (URI) |
Urban Outfitters Inc (URBN) |
Early Trading Charge Schedule
# of Days since Settlement: | -27 | |
Current ETC | 0.00 % |
Fees
Ongoing MER | 1.75 % |
Historical Performance
Benchmarks
Historical Pricing
Benchmark Total Return as of 06-Feb-18 | 0.46% | |
Day Over Day Price Change | $0.00 | |
52 Week High | $ () | |
52 Week Low | $ () |
Performance of Underlying Markets
Sector | Ticker | Portfolio | Portfolio Weight |
Rank |
Dividend Yield |
---|---|---|---|---|---|
IR | Ingersoll-Rand PLC | 4.08% |
- |
0.09% |
|
NEM | NEWMONT CORP | 3.63% |
2 |
1.61% |
|
Industrials | URI | United Rentals Inc | 4.22% |
- |
0.93% |
Industrials | LLL | L-3 Communications Holdings Inc | 4.00% |
- |
1.39% |
Consumer Discretionary | BBY | BEST BUY CO INC | 3.67% |
- |
4.38% |
Consumer Discretionary | PHM | PULTEGROUP INC | 4.07% |
- |
0.81% |
Consumer Discretionary | GRMN | Garmin Ltd | 3.51% |
- |
1.87% |
Consumer Discretionary | URBN | Urban Outfitters Inc | 3.68% |
- |
0.00% |
Consumer Discretionary | KORS | Michael Kors Holdings Ltd | 3.89% |
- |
0.00% |
Consumer Discretionary | GM | GENERAL MOTORS CO | 4.27% |
33 |
1.28% |
Consumer Staples | TSN | Tyson Foods Inc | 4.29% |
117 |
3.58% |
Health Care | BAX | Baxter International Inc | 3.90% |
- |
2.33% |
Health Care | MNK | MALLINCKRODT PLC | 3.84% |
- |
0.00% |
Financials | NAVI | Navient Corp | 4.39% |
- |
4.22% |
Financials | CINF | Cincinnati Financial Corp | 4.10% |
- |
2.25% |
Financials | AFL | Aflac Inc | 4.03% |
91 |
2.16% |
Information Technology | AVGO | BROADCOM INC | 4.25% |
- |
1.02% |
Information Technology | LRCX | LAM RESEARCH CORP | 4.07% |
- |
1.27% |
Information Technology | NTAP | NetApp Inc | 3.68% |
- |
1.79% |
Information Technology | TDC | Teradata Corporation | 3.67% |
- |
0.00% |
Information Technology | AMAT | APPLIED MATERIALS INC | 4.74% |
- |
0.98% |
Information Technology | CTXS | CITRIX SYSTEMS INC | 4.17% |
- |
0.00% |
Information Technology | NVDA | NVIDIA CORP | 4.83% |
65 |
0.03% |
Utilities | ETR | Entergy Corp | 3.68% |
- |
3.17% |
Utilities | NRG | NRG ENERGY INC | 3.31% |
8 |
1.05% |
Indicated Annual Dividend Yield | 1.45% |
Corporate Actions
Effective July 20, 2021: NVIDIA Corporation underwent a 4 for 1 stock split.Effective June 10, 2024: NVIDIA Corporation underwent a 10 for 1 stock split.Value of the Portfolio
Initial NAV | $100.00 |
Distribution Type | ROC |
Compound Annual Growth Rate | 0 % |
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.
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.
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