INVESTMENT DESCRIPTION
A 5 year 2 week Deposit Plan linked to the performance of the FTSE 100 Index.
The Deposit Plan is constructed to offer a potential return of 6.45% p.a. If on any annual observation date (including the Final Observation date), the Underlying index is between the upper and lower barrier levels income will be paid. For clarity, if on any annual observation date, the index is outside the range, no income will be received, and the plan continues until the next observation date.
Your Initial Capital will be returned in full at maturity regardless of the performance of the Index, subject to Deposit Taker risk.
CURRENCY GBP
STRIKE DATE 25/07/2024
ISIN UKX-CRA-25JUL29
COUNTERPARTY Royal Bank of Canada
TYPE Deposit
RETURN & BARRIERS
Deposit Taker: Royal Bank of Canada
Investment Term: 5 years 2 weeks
Payment Rate: 6.45% per annum
Upper Barrier: 120% of the Initial Strike Level
Lower Barrier: 80% of the Initial Strike Level
Capital Protection: Your Initial Capital will be returned in full at maturity regardless of the performance of the Indices, subject to Deposit Taker risk.
MATURITY DATE
25/07/2029
FINAL MATURITY DATE
25/07/2029