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With the BMO Income Generator, the interest rate is unique to every purchase, as it depends on your personal income needs.
Simply put, the interest rate depends on a combination of:
- The amount of your monthly income payment relative to the initial amount you invested, and
- Current interest rates
To assess how the BMO Income Generator can fit as a solution within your investment plan, come in and talk to one of our investment professionals at your BMO Bank of Montreal branch.
You can also see how the BMO Income Generator fits as a solution within your portfolio by using the BMO Income Generator Illustrator.
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