RBC LiONS® Solactive Equal Weight Canada Bank 21 AR Index Linked Fixed 7.71% Securities (CAD), Series 37

7.71% coupon per annum (paid as fixed monthly interest payments of 0.6425%). Unitholders will receive $100 at maturity if the underlying index has not depreciated by more than 25% on the final valuation date. Otherwise, the unitholder receives a loss equivalent to the performance of the index.

Initial Price $100.00
Current Price as of 12-May-25 $108.24
Current ETC 0.00 %
Current Price Less ETC $108.24
ETC End Date 04-Sep-24
Issue Date 08-Dec-23
Maturity Date 07-Dec-28
Term 5 years
Denomination CAD
FundSERV Code RBC10494
ADP Code R049421
CUSIP
Product Type Non-Principal Protected
Structure Fixed Yield
Secondary Market Fundserv
Asset Class Equity – Domestic
Principal ProtectionBarrier
Protection Barrier75 %
Coupon7.71 %
Downside Participation100 %
Observation TypeEuropean
Solactive Equal Weight Canada Bank 21 AR Index (SOLBEW21)
# of Days since Settlement: 518
Current ETC 0.00 %
Period Date ETC
1 - 45 days 22-Jan-24 3.00 %
46 - 90 days 07-Mar-24 2.75 %
91 - 135 days 21-Apr-24 2.50 %
136 - 180 days 05-Jun-24 2.00 %
181 - 225 days 20-Jul-24 1.50 %
226 - 270 days 03-Sep-24 1.00 %
Thereafter 04-Sep-24 0%

Benchmarks




Day Over Day Price Change $0.12
52 Week High $111.51 (31-Jan-25)
52 Week Low $101.61 (17-Jun-24)

Portfolio Ticker
Initial Level
as of 04-Dec-23
Current Level
as of 12-May-25
Protection Barrier
Protection Barrier Level
Percentage Change
Barrier Breach
Solactive Equal Weight Canada Bank 21 AR Index SOLBEW21
381.3500
495.9700
75.00%
286.01
30.06%
No
 
Payment Date Payment Amount (%)
08-Jan-24 0.6425
08-Feb-24 0.6425
08-Mar-24 0.6425
08-Apr-24 0.6425
08-May-24 0.6425
10-Jun-24 0.6425
08-Jul-24 0.6425
08-Aug-24 0.6425
09-Sep-24 0.6425
08-Oct-24 0.6425
08-Nov-24 0.6425
09-Dec-24 0.6425
08-Jan-25 0.6425
10-Feb-25 0.6425
10-Mar-25 0.6425
08-Apr-25 0.6425
08-May-25 0.6425
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Distribution Type Interest
Total Distributions to Date $10.92
Total Note Return $119.16
Compound Annual Growth Rate 13.07 %

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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