RBC reverse convertible taps 3D printing revolution

The next dimension

Intricate object printed by Velleman 3D printer

Royal Bank of Canada has issued reverse convertible notes linked to the common stock of 3D Systems Corporation. This type of product is known as 'income generating' and generally pays a fixed income while placing principal at risk, the repayment of which is linked to the performance of the underlying stock. This product pays a monthly income with an annualised rate of 13.75%. The coupons are paid regardless of the performance of the underlying asset. Principal is at risk if the closing day ba