PRODUCT CHARACTERISTICS

Fixed Coupons — Investors will receive a Fixed Coupon on each monthly Coupon Payment Date.

Contingent Return of Principal at Maturity — If the Final Basket Value is greater than or equal to the Barrier Value, at maturity, investors will receive the principal amount of their Notes plus the Fixed Coupon otherwise due. If the Final Basket Value is less than the Barrier Value, at maturity, investors will lose 1% of the principal amount of their Notes for each 1% that the Final Basket Value is less than the Initial Basket Value and will receive the Fixed Coupon otherwise due.

KEY TERMS
Issuer:	Royal Bank of Canada (“RBC”)
CUSIP:	78017GTU5
Basket Underliers:	The common stock of Alcoa Corporation (Bloomberg symbol “AA UN”), the common stock of Albemarle Corporation (Bloomberg symbol “ALB UN”) and the common stock of The Chemours Company (Bloomberg symbol “CC UN”)
Basket Weighting:	With respect to each Basket Underlier: 1/3
Trade Date:	October 28, 2024
Issue Date:	October 31, 2024
Valuation Date:	October 28, 2025
Maturity Date:	October 31, 2025
Payment of Fixed Coupons:	Investors will receive a Fixed Coupon on each Coupon Payment Date.
Fixed Coupon:	$9.167 per $1,000 principal amount of Notes (corresponding to a rate of 0.9167% per month or 11.00% per annum)
Coupon Payment Dates:	Monthly

*KEY TERMS (continued)*
Payment at Maturity:	Investors will receive on the Maturity Date per $1,000 principal amount of Notes, in addition to the Fixed Coupon otherwise due: · If the Final Basket Value is *greater than or equal to* the Barrier Value: $1,000 · If the Final Basket Value is *less than* the Barrier Value, an amount equal to: $1,000 + ($1,000 × Basket Return) If the Final Basket Value is less than the Barrier Value, you will lose a substantial portion or all of your principal amount at maturity.
Barrier Value:	70, which is 70% of the Initial Basket Value
Basket Return:	Final Basket Value – Initial Basket Value Initial Basket Value
Initial Basket Value:	Set equal to 100 on the Trade Date
Final Basket Value:	The Final Basket Value will be calculated as follows: 100 × [1 + (the sum of, for each Basket Underlier, its Basket Underlier Return times its Basket Weighting)]
Basket Underlier Return:	With respect to each Basket Underlier: Final Basket Underlier Value – Initial Basket Underlier Value Initial Basket Underlier Value
Initial Basket Underlier Value:	With respect to each Basket Underlier, the closing value of that Basket Underlier on the Trade Date
Final Basket Underlier Value:	With respect to each Basket Underlier, the closing value of that Basket Underlier on the Valuation Date

This document provides a summary of the terms of the Notes. Investors should carefully review the accompanying preliminary pricing supplement, product supplement, prospectus supplement and prospectus, as well as “Selected Risk Considerations” below, before making a decision to invest in the Notes:

https://www.sec.gov/Archives/edgar/data/1000275/000095010324014857/dp219282_424b2-us1758mul.htm

The initial estimated value of the Notes determined by us as of the Trade Date, which we refer to as the initial estimated value, is expected to be between $902.00 and $952.00 per $1,000 principal amount of Notes and will be less than the public offering price of the Notes. We describe the determination of the initial estimated value in more detail in the accompanying preliminary pricing supplement.

An investment in the Notes involves significant risks. We urge you to consult your investment, legal, tax, accounting and other advisers before you invest in the Notes. Some of the risks that apply to an investment in the Notes are summarized below, but we urge you to read also the “Selected Risk Considerations” section of the accompanying preliminary pricing supplement and the “Risk Factors” sections of the accompanying prospectus, prospectus supplement and product supplement. You should not purchase the Notes unless you understand and can bear the risks of investing in the Notes.

Royal Bank of Canada has filed a registration statement (including a product supplement, prospectus supplement and prospectus) with the SEC for the offering to which this document relates. Before you invest, you should read those documents and the other documents that we have filed with the SEC for more complete information about us and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, we, any agent or any dealer participating in this offering will arrange to send you those documents if you so request by calling toll-free at 1-877-688-2301.

As used in this document, “Royal Bank of Canada,” “we,” “our” and “us” mean only Royal Bank of Canada. Capitalized terms used in this document without definition are as defined in the accompanying preliminary pricing supplement.