Royal Bank of Canada Offers Market Linked Securities Linked to NVIDIA Corporation
Royal Bank of Canada has filed a registration statement for Market Linked Securities linked to NVIDIA Corporation's common stock. The securities offer investors a leveraged upside participation up to a cap and fixed percentage buffered downside.
The market measure is the closing value of NVIDIA's common stock on the calculation day, December 15, 2027. If the ending value exceeds the starting value, investors will receive $1,000 plus the lesser of $1,000 times the stock return times the upside participation rate or the maximum return.
However, if the ending value is less than or equal to the starting value but greater than or equal to the threshold value, investors will receive $1,000. If the ending value falls below the threshold value, they will lose up to 85% of the face amount at maturity.