Overview
The Notes provide a fixed positive return of 110% of the principal amount if the Final Level of the Reference Asset is greater than or equal to its Barrier Level, which is 80% of the Initial Level. If the Final Level exceeds the Initial Level by more than 10%, the Notes will provide a one-for-one positive return, subject to the Maximum Redemption Amount of 123% of the principal amount of the Notes. However, investors will receive shares of the Reference Asset at maturity if its closing price on the Valuation Date is less than the Barrier Level, and the value of these shares is expected to be significantly less than the principal amount of the Notes. Accordingly, investors may lose all or a significant portion of their principal amount.Underlying Asset
| MICROSOFT CORP (MSFT) |
Summary Details
| Initial Price of Note | 100.00 % of par |
| Secondary Market Price as of 17-Nov-21 | 122.00 % of par* |
| Trade Date | 31-Jul-20 |
| Issue Date | 05-Aug-20 |
| Valuation Date | 31-Jan-22 |
| Maturity Date | Matured 03-Feb-22 |
| Term | 1.5 years |
| Denomination | USD |
| CUSIP | 78013GWN1 |
| Classification | Growth |
| Product Type | Non-Principal Return Notes |
| Structure | Digital Plus |
| Protection Type | Barrier |
| Barrier Level | 80 % of the initial level |
| Booster Coupon | 10 % |
| Participation Above Booster Coupon | 100 % |
| Maximum Redemption Amount | 123 % of the initial level |
| Settlement | Physical |
* 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 | 0.01 | |
| 52 Week High | 122.00 (17-Nov-21) | |
| 52 Week Low | 105.65 (25-Feb-21) | |
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 31-Jul-20 |
Current Level as of 31-Jan-22 |
Barrier |
Barrier Level |
Weighted Change |
|---|---|---|---|---|---|---|---|
| MICROSOFT CORP | MSFT | 100.00% |
205.01 |
310.98 |
80.00% |
164.01 |
51.69% |
| Current Performance of the Underlying Asset | 51.69% |
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| Final Payment at Maturity | $163.76 |
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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