| Item |
Details |
| Term(s) |
3 years, consisting of 3 periods |
| Access to Funds
|
Not redeemable prior to maturity |
| Interest Payment Option |
Minimum guaranteed income paid out at the end of each period.
Variable return, if any, paid out at maturity.
Note: Investors will receive an Income Payment Notice confirming details of the guaranteed income payment. |
| Minimum Investment Amount |
$1,000 |
| Plan Eligibility |
RSP |
| Automatic Reinvestment |
Yes, unless other instructions provided
Non-registered:
1 year GIC at current rate
RSP:
1 year GIC at current rate |
| Issued By |
Bank of Montreal Mortgage Corporation (BMMC) |
| Transferability |
No |
| Available to Business Banking Client |
Yes, Non-registered only |
| Statements |
Semi-Annual Statement (January/February & July/August)
Monthly Account Tracker Statement |
| Available to Non-Residents |
No |
| Continuous Savings Plan Option |
No |
| Guaranteed By |
Bank of Montreal |
| Total Return Potential for the Term* |
4.35% - 16.35%, equivalent to 1.45% - 5.45% per period
*Depends on the performance of the reference portfolio |
| Availability |
Available in a monthly Series. See the Series tab for the current available monthly Series. |
| CDIC Eligibility |
Eligible for CDIC deposit insurance (up to applicable limits) |
| Reference Portfolio for the Series |
| S&P/TSX Banks Index |
50% |
| S&P/TSX Capped Utilities Index |
50% |
| Total |
100% |
|
| Terms and Conditions |
|
