Overview
The Notes provide a one-to-one positive return if the level of the Reference Asset increases from the Initial Level to the Final Level. If the level of the Reference Asset decreases from the Initial Level to the Final Level: if the Final Level is greater than or equal to 80.00% of the Initial Level (the “Buffer Level”), the Notes will provide a positive return equal to the percentage by which the level of the Reference Asset has decreased as of the Valuation Date; or if the Final Level is less than the Buffer Level, investors are subject to one-for-one loss of the principal amount for any decrease in the level of the Reference Asset by more than 20.00%. The Notes do not pay interest, and investors may lose a substantial portion of the principal amount of the Notes.
See the related Prospectus under the “Documents” tab for a full explanation of the terms of the Notes.
Underlying Asset
| S&P 500 Index (SPX) |
Summary Details
| Initial Price of Note | 100.00 % of par |
| Secondary Market Price as of 28-Oct-24 | 217.95 % of par* |
| Trade Date | 26-Oct-18 |
| Issue Date | 31-Oct-18 |
| Valuation Date | 28-Oct-24 |
| Maturity Date | Matured 31-Oct-24 |
| Term | 6 years |
| Denomination | USD |
| CUSIP | 78013XM39 |
| Classification | Growth |
| Product Type | Non-Principal Return Notes |
| Structure | Absolute Return |
| Protection Type | Buffer |
| Buffer | 80 % of the initial level |
| Leverage Factor | 100 % |
| Settlement | Cash |
* The secondary market prices shown are represented as a percentage of principal amount, based on a $1000 investment and are indicative only. The secondary market prices do not necessarily reflect a price at which a holder may be able to actually sell their note. For RBC Wealth Management advisors, please call 612-371-7707. For all other clients, please call 1-877-688-2301 or email rbcnotes@rbccm.com.
The materials and information on this page are for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy the relevant Notes
The materials and information on this page are for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy the relevant Notes
Historical Indicative Secondary Market Prices
Benchmarks
Historical Secondary Market Pricing *
| Day Over Day Price Change | 0.61 | |
| 52 Week High | 219.43 (18-Oct-24) | |
| 52 Week Low | 160.51 (09-Nov-23) | |
The materials and information on this page are for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy the relevant Notes
Performance of Underlying Assets
| Underlying Asset | Ticker | Weight |
Initial Level as of 26-Oct-18 |
Current Index Level as of 28-Oct-24 |
Buffer Amount |
Buffer Level |
Percentage Change |
|---|---|---|---|---|---|---|---|
| S&P 500 Index | SPX | 100.00% |
2658.69 |
5823.52 |
20.00% |
2126.95 |
119.04% |
| Current Performance of the Underlying Asset | 119.04% |
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| Final Payment at Maturity | $219.03 |
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* For informational purposes only. Barrier will only be applied on relevant observation dates and at maturity.
* For informational purposes only. Whether a Booster will be paid will depend only on the level of the Underlying Asset at maturity.
The materials and information on this page are for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy the relevant Notes
* For informational purposes only. Whether a Booster will be paid will depend only on the level of the Underlying Asset at maturity.
The materials and information on this page are for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy the relevant Notes
The materials and information on this page are for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy the relevant Notes
Documents
The materials and information on this page are for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy the relevant Notes