RBC Principal Protected Guaranteed Return Enhanced Yield LEOS, Series 257

Year 1-7 Guaranteed Coupon of 0.25% - 6.00%. 
All positive performers within the share basket as measured from the day after the Issue Date are recorded as 6.00% while all others are recorded as their actual performance, provided that if the percentage change results in a loss of greater than -10%, the Share Return Percentage shall be -10%.

Initial Price $100.00
Current Price as of 21-May-25 $93.30
Current ETC 0.00 %
Current Price Less ETC $93.30
ETC End Date 07-Apr-23
Issue Date 13-Oct-21
Maturity Date 17-Oct-28
Term 7 years
Denomination CAD
FundSERV Code RBC4257
ADP Code R041519
CUSIP
Product Type Principal Protected
Structure Enhanced Yield
Secondary Market Fundserv
Asset Class Equity – Domestic
Principal ProtectionFull Protection
Minimum Coupon0.25 %
Max Coupon6.00 %
Floor-10.00 %
Observation TypeEuropean
ALGONQUIN POWER & UTILITIES CORP (AQN)
BCE INC (BCE)
CANADIAN IMPERIAL BANK OF COMMERCE (CM)
CAPITAL POWER CORP (CPX)
EMERA INC (EMA)
ENBRIDGE INC (ENB)
FORTIS INC/CANADA (FTS)
POWER CORP OF CANADA (POW)
TC ENERGY CORP (TRP)
TORONTO-DOMINION BANK/THE (TD)
# of Days since Settlement: 1315
Current ETC 0.00 %
Period Date ETC
1 - 180 days 11-Apr-22 3.00 %
181 - 270 days 10-Jul-22 2.50 %
271 - 360 days 08-Oct-22 2.00 %
361 - 450 days 06-Jan-23 1.50 %
451 - 540 days 06-Apr-23 0.50 %
Thereafter 07-Apr-23 0%

Benchmarks




Day Over Day Price Change $-0.12
52 Week High $93.42 (20-May-25)
52 Week Low $82.24 (29-May-24)

21-May-25

Portfolio Ticker
Initial Valuation Price
as of 12-Oct-21
Valuation Price
as of 21-May-25
Percentage Change
Share Return Percentage
ALGONQUIN POWER & UTILITIES CORP AQN
18.28
7.61
-58.37%
-10.00%
BCE INC BCE
62.96
29.79
-52.68%
-10.00%
CANADIAN IMPERIAL BANK OF COMMERCE CM
72.69
92.63
27.43%
6.00%
CAPITAL POWER CORP CPX
42.35
54.58
28.88%
6.00%
EMERA INC EMA
58.06
61.95
6.70%
6.00%
ENBRIDGE INC ENB
52.10
63.20
21.31%
6.00%
FORTIS INC/CANADA FTS
55.94
66.74
19.31%
6.00%
POWER CORP OF CANADA POW
42.23
51.47
21.88%
6.00%
TC ENERGY CORP TRP
58.166
69.08
18.76%
6.00%
TORONTO-DOMINION BANK/THE TD
85.69
89.90
4.91%
6.00%
 

15-Oct-24

Portfolio Ticker
Initial Valuation Price
as of 12-Oct-21
Annual Valuation Price
as of 15-Oct-24
Percentage Change
Share Return Percentage
ALGONQUIN POWER & UTILITIES CORP AQN
18.28
7.03
-61.54%
-10.00%
BCE INC BCE
62.96
46.09
-26.79%
-10.00%
CANADIAN IMPERIAL BANK OF COMMERCE CM
72.69
84.75
16.59%
6.00%
CAPITAL POWER CORP CPX
42.35
51.01
20.45%
6.00%
EMERA INC EMA
58.06
52.70
-9.23%
-9.23%
ENBRIDGE INC ENB
52.10
56.95
9.31%
6.00%
FORTIS INC/CANADA FTS
55.94
61.29
9.56%
6.00%
POWER CORP OF CANADA POW
42.23
44.29
4.88%
6.00%
TC ENERGY CORP TRP
58.166
64.54
10.96%
6.00%
TORONTO-DOMINION BANK/THE TD
85.69
77.68
-9.35%
-9.35%
 

12-Oct-23

Portfolio Ticker
Initial Valuation Price
as of 12-Oct-21
Annual Valuation Price
as of 12-Oct-23
Percentage Change
Share Return Percentage
ALGONQUIN POWER & UTILITIES CORP AQN
18.28
7.89
-56.84%
-10.00%
BCE INC BCE
62.96
51.82
-17.69%
-10.00%
CANADIAN IMPERIAL BANK OF COMMERCE CM
72.69
51.52
-29.12%
-10.00%
CAPITAL POWER CORP CPX
42.35
38.20
-9.80%
-9.80%
EMERA INC EMA
58.06
47.09
-18.89%
-10.00%
ENBRIDGE INC ENB
52.10
44.55
-14.49%
-10.00%
FORTIS INC/CANADA FTS
55.94
54.85
-1.95%
-1.95%
POWER CORP OF CANADA POW
42.23
34.84
-17.50%
-10.00%
TC ENERGY CORP TRP
63.85
47.61
-25.43%
-10.00%
TORONTO-DOMINION BANK/THE TD
85.69
80.86
-5.64%
-5.64%
 

12-Oct-22

Portfolio Ticker
Initial Valuation Price
as of 12-Oct-21
Annual Valuation Price
as of 12-Oct-22
Percentage Change
Share Return Percentage
ALGONQUIN POWER & UTILITIES CORP AQN
18.28
14.15
-22.59%
-10.00%
BCE INC BCE
62.96
56.36
-10.48%
-10.00%
CANADIAN IMPERIAL BANK OF COMMERCE CM
72.69
56.53
-22.23%
-10.00%
CAPITAL POWER CORP CPX
42.35
41.62
-1.72%
-1.72%
EMERA INC EMA
58.06
51.54
-11.23%
-10.00%
ENBRIDGE INC ENB
52.10
49.26
-5.45%
-5.45%
FORTIS INC/CANADA FTS
55.94
49.00
-12.41%
-10.00%
POWER CORP OF CANADA POW
42.23
30.47
-27.85%
-10.00%
TC ENERGY CORP TRP
63.85
54.78
-14.21%
-10.00%
TORONTO-DOMINION BANK/THE TD
85.69
80.98
-5.50%
-5.50%
 

Corporate Actions

Effective May 16, 2022: Canadian Imperial Bank of Commerce underwent a 2 for 1 stock split.
Effective October 2, 2024: TC Energy Corporation completed its spin-off of South Bow Corporation. The adjustment factor is 0.910978410657.
Payment Date Payment Amount (%)
17-Oct-22 0.25
17-Oct-23 0.25
18-Oct-24 0.25
17-Oct-25 -
16-Oct-26 -
15-Oct-27 -
17-Oct-28 -
Distribution Type Interest
Total Distributions to Date 0.75 %
Total Note Return $94.05
Compound Annual Growth Rate -1.69 %

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 protected notes may not be suitable for all investors. The full principal amount invested is guaranteed to be repaid at maturity only for principal protected notes that are held to maturity. Any return on principal protected notes above the principal amount invested depends on the performance of the underlying assets. Investors should read the applicable Information Statement 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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