Leveraged and Inverse Product Disclosure

This disclosure statement is in place to provide you with information regarding the risks associated with purchasing leveraged or inverse products.

Only invest if you are confident the product can help you meet your investment objectives and you are knowledgeable and comfortable with the risks associated.

Investment and insurance products offered through RBC Capital Markets, LLC are not insured by the FDIC or any other federal government agency, are not deposits or other obligations of, or guaranteed by, a bank or any bank affiliate, and are subject to investment risks, including possible loss of the principal amount invested.