Overview
The Notes provide a return based on 110% of the Percentage Change if the level of the Reference Asset increases from the Initial Level to the Final Level. If the Final Level is less than the Initial Level, but is greater than or equal to the Barrier Level of 80% of the Initial Level, investors will receive the principal amount. However, if the Final Level is less than the Barrier Level, investors will lose 1% of the principal amount of the Notes for each 1% decrease from the Initial Level to the Final Level.
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 26-Jun-25 | 175.81 % of par* |
| Trade Date | 11-Nov-20 |
| Issue Date | 16-Nov-20 |
| Valuation Date | 11-Nov-26 |
| Maturity Date | 16-Nov-26 |
| Term | 6 years |
| Denomination | USD |
| CUSIP | 78016ENB9 |
| Classification | Growth |
| Product Type | Non-Principal Return Notes |
| Structure | Enhanced Return |
| Protection Type | Barrier |
| Barrier Level | 80 % of the initial level |
| Leverage Factor | 110 % |
| 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 | 1.49 | |
| 52 Week High | 175.81 (26-Jun-25) | |
| 52 Week Low | 139.83 (08-Apr-25) | |
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 11-Nov-20 |
Current Index Level as of 25-Jun-25 |
Barrier |
Barrier Level |
Weighted Component Change |
|---|---|---|---|---|---|---|---|
| S&P 500 Index | SPX | 100.00% |
3572.66 |
6092.16 |
80.00% |
2858.13 |
70.52% |
| Current Performance of the Underlying Asset | 70.52% |
||||||
| Current Performance of the Underlying Asset, with Leverage applied | 77.57% |
||||||
* 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