RBC launches new series of RBC IA Clarington U.S. Dividend Deposit Notes



    TORONTO, June 27 /CNW/ - RBC today launched the RBC IA Clarington U.S.
Dividend Deposit Notes Series 1, 2, and 3 - for those risk-averse retail
investors seeking greater diversity in their portfolio.
    The RBC IA Clarington U.S. Dividend Deposit Notes Series 1, 2 and 3 are
principal protected and linked to the Clarington U.S. Dividend Fund, managed
by TCW Investment Management Company, which invests in U.S. companies that
have a record of paying dividends. The RBC IA Clarington U.S. Dividend Deposit
Notes Series 1 provides monthly coupons equivalent to an annualized yield of
5.04 per cent. The RBC IA Clarington U.S. Dividend Deposit Notes Series 2
(Return of Capital Series) provides a similar indicative yield, but the
distributions are treated as return of capital. The RBC IA Clarington U.S.
Dividend Deposit Notes Series 3 is the USD-denominated Return of Capital
Series.
    The notes are available to self-directed investors until July 27, 2007
and have a maturity date of February 2, 2015. For complete details on the
individual information statements, please visit www.rbccm.com/notes.





For further information:

For further information: Jackie Braden, (416) 974-2124


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