BMO Top Performing Portfolio GIC
| BMO Top Performing Portfolio GIC |
|
| Item |
Details |
| Term(s) |
5 years |
| Access to Funds |
Not redeemable prior to maturity |
| Interest Payment Option |
At maturity only |
| Minimum Investment Amount |
$1,000 |
| Plan Eligibility |
RSP |
| Transferability |
No |
| Guaranteed By |
Bank of Montreal |
| Automatic Reinvestment |
Yes, unless other instructions provided
Non-registered:
1 year GIC at current rate
RSP:
1 year GIC at current rate or RSP Premium Rate Savings account |
| Statements |
Annual Statement (January/February) |
| Available to Non-Residents |
No |
| Continuous Savings Plan Option |
No |
| Issued By |
Bank of Montreal Mortgage Corporation (BMMC) |
| Total Return Potential for the Term* |
unlimited
*Depending on the performance of the reference portfolio. |
| Availability |
Available in a monthly Series. See the Series tab for the current available series |
| CDIC Eligibility |
Eligible for CDIC deposit insurance (up to applicable limits) |
| Available to Business Banking Client |
Yes, Non-registered only |
| Reference Portfolio for the Series |
Return is linked to the best performing of three portfolios.
|
Portfolio 1 |
Portfolio 2 |
Portfolio 3 |
| BMO S&P/TSX Capped Composite Index ETF (ZCN) |
35% |
20% |
5% |
| BMO Equal Weight Banks Index ETF (ZEB) |
25% |
30% |
35% |
| BMO Equal Weight Utilities Index ETF (ZUT) |
25% |
30% |
35% |
| BMO Equal Weight REITs Index ETF (ZRE) |
15% |
20% |
25% |
| TOTAL |
100% |
100% |
100% |
|
| Tax Treatment |
Non-registered only:
Interest, if any, will generally be taxed at maturity as interest income. See the Investment Terms and Conditions for a more detailed discussion. |
| Terms and Conditions |
|
|
|
Yes, please take me to the U.S. site
No, I would like to stay on the Canadian site
