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Medium-term BMO Progressive GICs

BMO Bank of Montreal offers a broad selection of BMO Progressive GICs to suit investors with the specific investment horizon of 2 to 4 years. These solutions offer returns linked to the performance of various market indices (including foreign markets), mutual funds and stocks, while continuing to protect your principal. With BMO Progressive GICs, you can choose between ”maximum returns” or “participating returns” – whichever works better for you.

  • Maximum returns – You will receive 100% of the returns generated by underlying asset up to a pre-set maximum or capped rate of return
  • Participating returns – The rate of return earned by the investor is a pre-set percentage of the potential return of the underlying asset. For example, if the underlying asset increases by 40% over the term of the investment, with a participation rate of 60%, you will receive 24%, in other words 60% of the 40% increase

The following are the available medium term BMO Progressive GICs:

BMO Dividend Fund Linked GIC
Principal protected solution with the opportunity to earn potentially higher returns (at a set participation rate) linked to the performance of the BMO Dividend Fund.

BMO Income Enriched GIC
Medium-term investment offering a combination of reliable annual income plus the potential for additional income paid at maturity, based on the performance of select market indices. 

BMO Select GIC
Medium-term solution that provides principal protection with the potential for higher, sector-specific index-linked returns (up to a pre-set maximum).

BMO Growth GIC
Medium-term solution that provides principal protection with the potential for higher, equity-linked returns (up to a pre-set maximum).

BMO S&P/TSX 60 Market Index GIC
Principal protected solution with the potential for higher returns (at a set participation rate) based on the performance of the broad Canadian market index for stocks (S&P/TSX 60TM Index).

BMO S&P 500™ Market Index GIC
Principal protected solution with access to potentially higher returns (at a set participation rate) based on the performance of a broad measure of the U.S. stock market (S&P 500TM Index).

BMO G7 Market Index GIC
Principal protected solution where investors benefit (at a set participation rate) from participating in the performance of a diversified portfolio of broad based market indices from the G7 countries (Canada, U.S., Japan, U.K., Germany, France and Italy).

Invest in a BMO Progressive GIC today
Start earning the benefits of guaranteed principal protection with potentially higher returns today. For more information:



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