Overview
The Notes provide a 150% leveraged positive return if the level of the Reference Asset increases from the Initial Level to the Final Level, up to a maximum return of $1,250.00 per $1,000 in Principal Amount. If the Final Level is less than the Initial Level, but not by more than 15%, investors will receive their principal amount at maturity. However, investors will lose 1.17647% of the principal amount of the Notes for each 1% decrease from the Initial Level to the Final Level of more than 15%. Accordingly, investors may lose all or substantially all of their principal amount. Any payments on the Notes are subject to our credit risk.Underlying Asset
| S&P 500 Index (SPX) |
Summary Details
| Initial Price of Note | 100.00 % of par |
| Secondary Market Price as of 21-Feb-23 | 124.30 % of par* |
| Trade Date | 18-Aug-20 |
| Issue Date | 21-Aug-20 |
| Valuation Date | 21-Feb-23 |
| Maturity Date | Matured 24-Feb-23 |
| Term | 2.5 years |
| Denomination | USD |
| CUSIP | 78015KYU2 |
| Classification | Growth |
| Product Type | Non-Principal Return Notes |
| Structure | Enhanced Return |
| Protection Type | Buffer |
| Buffer | 85 % of the initial level |
| Leverage Factor | 150 % |
| Downside Leverage Factor | 117.64 % |
| Maximum Redemption Amount | 125 % of the initial level |
| 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 | 0.07 | |
| 52 Week High | 124.30 (21-Feb-23) | |
| 52 Week Low | 107.97 (16-Jun-22) | |
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 18-Aug-20 |
Current Index Level as of 21-Feb-23 |
Buffer Amount |
Buffer Level |
Weighted Component Change |
|---|---|---|---|---|---|---|---|
| S&P 500 Index | SPX | 100.00% |
3389.78 |
3997.34 |
15.00% |
2881.31 |
17.92% |
| Current Performance of the Underlying Asset | 17.92% |
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| Current Performance of the Underlying Asset, with Leverage applied | 26.88% |
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| Final Payment at Maturity | 124.30 | ||||||
* 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