|
Illustration of a $10,000 Investment in Each of the Below-Listed Indices --
10/31/08 - 6/30/13
Returns are for illustrative purposes only and do not represent actual RBS ETN
performance. Index performance returns do not reflect any annual investor fee
or transaction cost. Past performance is not indicative of future results. You
can not invest directly in any index. Source: Bloomberg. All indices are based
to $10,000 as of 10/31/2008.
Component Commodity Weightings -- as of 6/30/13
-----------------------------------------------
Component's Name target weigHts actual WeigHts
----------------- -------------- --------------
Gold 50.00% 49.28%
----------------- -------------- --------------
Silver 25.00% 22.64%
----------------- -------------- --------------
Palladium 12.50% 14.30%
----------------- -------------- --------------
Platinum 12.50% 13.77%
----------------- -------------- --------------
Total 100.00% 100.00%
----------------- -------------- --------------
Source: RBS, June 2013
Note: The Index is rebalanced back to its target weightings in April and October.
CERTAIN RISK CONSIDERATIONS: The RBS ETNs involve risks not associated with an investment in conventional debt securities, including
a possible loss of some or
all of your investment. The level of the Index must increase by an amount sufficient to offset the aggregate investor fee applicable
to the RBS ETNs in order for you to receive at
least the principal amount of your investment back at maturity or upon early repurchase or redemption. The RBS ETNs and the Index do
not provide exposure to spot prices of the
relevant commodities and, consequently, may not be representative of an investment that provides exposure to the spot prices of the
relevant commodities or buying and holding
the relevant commodities. The prices of commodities are volatile and are affected by numerous factors. The Index may include futures
contracts on non-U.S. exchanges and trading
on such exchanges may be subject to different and greater risks than trading on U.S. exchanges. Even though the RBS ETNs are listed
on the NYSE Arca, a trading market
may not develop and the liquidity of the RBS ETNs may be limited and/or vary over time, as RBS plc is not required to maintain any
listing of the RBS ETNs. The RBS
ETNs are not principal protected and do not pay interest. The intraday indicative value and the daily redemption value are not the
same as the trading price or market price of
the RBS ETNs in the secondary market. Any payment on the RBS ETNs is subject to the ability of RBS plc, as the issuer, and RBS
Group, as the guarantor, to pay their
respective obligations when they become due. You should carefully consider whether the RBS ETNs are suited to your particular
circumstances before you decide to purchase
them. We urge you to consult with your investment, legal, accounting, tax and other advisors with respect to any investment in the
RBS ETNs.
The RBS ETNs are not suitable for all investors. You should carefully read the relevant pricing supplement and prospectus, including
the more detailed explanation of
the risks involved in any investment in the RBS ETNs as described in the "Risk Factors" section of the pricing supplement, before
investing.
IMPORTANT INFORMATION: RBS plc and RBS Group have filed a registration statement (including a prospectus) with the U.S. Securities
and Exchange Commission (SEC) for the
offering of RBS ETNs to which this communication relates. Before you invest in any RBS ETNs, you should read the prospectus in that
registration statement and other documents
that have been filed by RBS plc and RBS Group with the SEC for more complete information about RBS plc and RBS Group, and the
offering. You may get these documents for free
by visiting EDGAR on the SEC's web site at www.sec.gov. Alternatively, RBS plc, RBS Securities Inc. (RBSSI) or any dealer
participating in the offering will arrange to send you the
prospectus and the pricing supplement at no charge if you request it by calling 1-855-RBS-ETPS (toll-free).
RECENT DEVELOPMENTS: On June 13, 2013, we announced that we would be exiting the structured retail investor products business that
is responsible for issuing and
maintaining the RBS ETNs, and that we expect to move such business into a runoff organization which will go through a process of
restructuring and / or business sales (the "RBS
Retail Investor Products Exit Plan"). The implementation of the RBS Retail Investor Products Exit Plan increases the likelihood that
the RBS ETNs will be redeemed by us prior to
maturity. We plan to continue to maintain and issue the RBS ETNs, but our plans could change. We cannot give you any assurances as
to any minimum period of time that you may
hold the RBS ETNs before we redeem them at our option.
The RBS ETNs are not sponsored, endorsed, sold or promoted by Beeland Interests Inc. ("Beeland Interests"), James B. Rogers, Jr. or
Diapason Commodities Management SA ("Diapason").[] Neither Beeland
Interests, James B. Rogers, Jr. nor Diapason makes any representation or warranty, express or implied, nor accepts any
responsibility, regarding the accuracy or completeness of this document, or the advisability of
investing in securities or commodities generally, or in the RBS ETNs or in futures particularly. "Jim Rogers", "James Beeland
Rogers, Jr.", "Rogers", "Rogers International Commodity Index", "RICI", "RICI Enhanced",
and the names of all other RICI Enhanced(SM) Indices mentioned herein are trademarks, service marks and/or registered marks of
Beeland Interests, Inc., which is owned and controlled by James Beeland Rogers, Jr.,
and are used subject to license.[] The personal names and likeness of Jim Rogers/James Beeland Rogers, Jr. are owned and licensed by
James Beeland Rogers, Jr.
NEITHER BEELAND INTERESTS NOR DIAPASON, NOR ANY OF THEIR RESPECTIVE AFFILIATES OR AGENTS, GUARANTEES THE ACCURACY AND/OR THE
COMPLETENESS OF THE ROGERS INTERNATIONAL
COMMODITY INDEX ("RICI"), THE RICI ENHANCED, ANY SUB-INDEX THEREOF, OR ANY DATA INCLUDED THEREIN.[] SUCH PERSON SHALL NOT HAVE ANY
LIABILITY FOR ANY ERRORS, OMISSIONS, OR
INTERRUPTIONS THEREIN AND MAKES NO WARRANTY, EXPRESS OR IMPLIED, AS TO RESULTS TO BE OBTAINED BY OWNERS OF THE RBS ETNS, OR ANY
OTHER PERSON OR ENTITY FROM THE USE OF
THE RICI, THE RICI ENHANCED, ANY SUB-INDEX THEREOF, ANY DATA INCLUDED THEREIN OR THE RBS ETNS.[] NEITHER BEELAND INTERESTS NOR
DIAPASON, NOR ANY OF THEIR RESPECTIVE AFFILIATES
OR AGENTS, MAKES ANY EXPRESS OR IMPLIED WARRANTIES, AND EACH EXPRESSLY DISCLAIMS ALL WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A
PARTICULAR PURPOSE OR USE WITH
RESPECT TO THE RICI, THE RICI ENHANCED, ANY SUB INDEX THEREOF, OR ANY DATA INCLUDED THEREIN.[] WITHOUT LIMITING ANY OF THE
FOREGOING, IN NO EVENT SHALL BEELAND INTERESTS,
DIAPASON OR ANY OF THEIR RESPECTIVE AFFILIATES OR AGENTS HAVE ANY LIABILITY FOR ANY LOST PROFITS OR INDIRECT, PUNITIVE, SPECIAL, OR
CONSEQUENTIAL DAMAGES OR LOSSES, EVEN IF
NOTIFIED OF THE POSSIBILITY THEREOF.
NEITHER THE INDICATION THAT SECURITIES OR OTHER FINANCIAL PRODUCTS OFFERED HEREIN ARE BASED ON DATA PROVIDED BY ICE DATA LLP, NOR
THE USE OF THE TRADEMARKS OF ICE DATA
LLP IN CONNECTION WITH SECURITIES OR OTHER FINANCIAL PRODUCTS DERIVED FROM SUCH DATA IN ANY WAY SUGGESTS OR IMPLIES A REPRESENTATION
OR OPINION BY ICE DATA OR ANY OF
ITS AFFILIATES AS TO THE ATTRACTIVENESS OF INVESTMENT IN ANY SECURITIES OR OTHER FINANCIAL PRODUCTS BASED UPON OR DERIVED FROM SUCH
DATA. ICE DATA IS NOT THE ISSUER OF ANY
SUCH SECURITIES OR OTHER FINANCIAL PRODUCTS AND MAKES NO EXPRESS OR IMPLIED WARRANTIES WHATSOEVER, INCLUDING BUT NOT LIMITED TO,
WARRANTIES OF MERCHANTABILITY OR
FITNESS FOR ANY PARTICULAR PURPOSE WITH RESPECT TO SUCH DATA INCLUDED OR REFLECTED THEREIN, NOR AS TO RESULTS TO BE OBTAINED BY ANY
PERSON OR ANY ENTITY FROM THE USE OF
THE DATA INCLUDED OR REFLECTED THEREIN.
The Index is calculated by NYSE Arca, Inc. ("NYSE Arca"), a wholly-owned subsidiary of NYSE Euronext. The RBS ETNs, which are based
on the Index, are not issued, sponsored, endorsed, sold
or promoted by NYSE Arca, and NYSE Arca makes no representation regarding the advisability of investing in such product.
nyse arca makes no express or implied warranties, and hereby expressly disclaims all warranties of merchantability or fitness for a
particular purpose RGRP
with respect to the index or any data included therein. in no event shall nyse arca have any liability for any special, punitive,
indirect, or consequential
damages (including lost profits), even if notified of the possibility of such damages.
Copyright [C] 2013 RBS Securities Inc. All rights reserved. RBS Securities Inc., a U.S. registered broker-dealer, member of FINRA
and SIPC, is an indirect wholly-owned subsidiary of The Royal Bank
of Scotland plc.
-------------------------------------------------------
www.rbs.com/etnus | TOLL FREE: 855-RBS-ETPS | Not FDIC Insured. May Lose Value.
Dated July 16, 2013
|