1$1,000 minimum investment is required, subject to the following exceptions: (i) $500 minimum investment required for GICs purchased within an Registered Education Savings Plan (RESP) and (ii) $5,000 minimum investment required if a monthly interest payment option is chosen (Note: this option is not available for registered investments such as RESPs, registered retirement savings plans etc.)
2Interest is paid annually or compounded annually and paid at maturity. Interest rates are subject to change at any time without prior notice. Cashable in full on each anniversary of the issue date (no partial redemptions permitted).
3U.S. Dollar Term Deposits are not eligible for Canada Deposit Insurance Corporation (CDIC) insurance coverage.
4BMO Fund Linked GIC is issued by Bank of Montreal Mortgage Corporation (BMMC) and guaranteed by Bank of Montreal. The principal amount of the BMO Fund Linked GIC is guaranteed and is repayable upon maturity, but there is no guarantee you will receive any return linked to the performance of the underlying securities. The rate of return will be the return on the Reference Portfolio, except that the rate of return will not be less than zero and will not be greater than the Maximum Rate of Return for the Term. The rate of return is not an annual rate but is the rate of return over the entire term of the GIC. The return on the Reference Portfolio is equal to the weighted average of the percentage changes in the prices of the securities comprising the Reference Portfolio, calculated as a percentage using the securities weightings set out in the Summary. The percentage change in the price of a security in the Reference Portfolio is equal to the percentage increase or decrease between the price of the security on the second business day after the Issue Date and the Calculation Date. The return on the reference portfolio will not include any distributions or dividends on the securities. For more information about the BMO Fund Linked GIC, visit your local BMO Bank of Montreal branch. BMO Exchange Traded Funds are managed by BMO Asset Management Inc., and investment fund manager and portfolio manager, and a separate legal entity from the Bank of Montreal.
“S&P” is a trademark of The McGrawHill Companies Inc. “TSX” is a trademark of TSX Inc. These marks have been licensed for use by Bank of Montreal. The BMO Fund Linked GIC is not sponsored, endorsed, sold or promoted by Standard & Poor’s or the Toronto Stock Exchange and neither party makes any representation regarding the advisability of investing in the BMO Fund Linked GIC.