Barrier Enhanced Return Notes Linked to the Lesser Performing of Two Equity Indices, Due April 1, 2027

If the Final Level of the Lesser Performing Reference Asset is greater than its Initial Level, the investor will receive an amount equal to the principal amount multiplied by the product of (a) the Percentage Change of the Lesser Performing Reference Asset and (b) the Leverage Factor.

If the Final Level of the Lesser Performing Reference Asset is less than or equal to its Initial Level, but greater than or equal to its Barrier Level, the investor will receive the principal amount.

If the Final Level of the Lesser Performing Reference Asset is less than its Barrier Level, the investor will receive an amount that is less than the principal amount, and that reflects the percentage decrease in the level of the Lesser Performing Reference Asset. An investor could lose all or a substantial portion of the principal amount of the Notes.



DOW JONES INDUSTRIAL AVERAGE (DJI)
S&P 500 Index (SPX)
Initial Price of Note 100.00 % of par
Secondary Market Price as of 15-Jul-25 140.64 % of par*
Trade Date 28-Mar-23
Issue Date 31-Mar-23
Valuation Date 29-Mar-27
Maturity Date 01-Apr-27
Term 4 years
Denomination USD
CUSIP 78016HU81
Classification Growth
Product Type Non-Principal Return Notes
Structure Enhanced Return
Protection TypeBarrier
Barrier Level70 % of the initial level
Leverage Factor123 %
Lesser PerformingYes
SettlementCash

* 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

Benchmarks




Day Over Day Price Change -1.45
52 Week High 143.45 (04-Dec-24)
52 Week Low 115.78 (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

Underlying Asset Ticker
Initial Level
as of 28-Mar-23
Current Index Level
as of 14-Jul-25
Barrier
Barrier Level
Percentage Change
S&P 500 Index SPX
3971.27
6268.56
70.00%
2779.89
57.85%
DOW JONES INDUSTRIAL AVERAGE DJI
32394.25
44459.65
70.00%
22675.98
37.25%
 

* 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

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