Legal entity

RBC Wealth Management, a division of RBC Capital Markets, LLC is registered with the Securities and Exchange Commission as both a broker-dealer and an investment adviser. RBC Capital Markets, LLC, is a wholly-owned subsidiary of, and separate legal entity from, Royal Bank of Canada. Royal Bank of Canada does not guarantee any debts or obligations of RBC Capital Markets, LLC.

The information provided should not be considered a solicitation to purchase or sell any securities mentioned.