| Item |
Details |
| Term(s) |
4 years |
| Access to Funds
|
Not redeemable prior to maturity |
| Interest Payment Option |
At maturity only |
| 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 or RSP Premium Rate Savings account |
| 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* |
0% - 25%, equivalent to an annual non-compounding rate of between 0 and 6.25%
*Depending 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 |
| Royal Bank of Canada (RY) |
| Manulife Financial Corp. (MFC) |
| Bank of Nova Scotia (The)(BNS) |
| Toronto-Dominion Bank (The) (TD) |
| Canadian Imperial Bank of Commerce (CM) |
| Thomson Reuters (TRI) |
| Sun Life Financial Inc. (SLF) |
| Manitoba Telecom Inc. (MBT) |
| Brookfield Asset Management, Class A (BAM.A) |
| TransCanada Corp. (TRP) |
| Power Financial Corp. (PWF) |
| Enbridge Inc. (ENB) |
| National Bank of Canada (NA) |
| Teck Cominco Ltd., Class B (TCK.B) |
| CI Financial Income Fund (CIX.UN) |
|
| Tax Treatment |
Non-registered only:
The returns, if any, will be taxed at maturity as interest income |
| Terms and Conditions |
|
