US wrap: Royal Bank of Canada product offers low-risk property exposure

property-fund1
Royal Bank of Canada notes track property company

Investing in property, weather, commercial or residential is a growing trend in the US and across other developed countries. Property indexes are used as the underlying for products in the US market on a fairly regular basis but in the latest issuance there is a reverse convertible based on the stocks of a real estate company.

The Reverse Convertible Notes linked to General Growth Properties are two-month notes issued by the Royal Bank of Canada. The product pays an annual return of 28.4% and ha

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: