BMO Top Performing Portfolio GIC
| BMO Top Performing Portfolio GIC |
|
| Item |
Details |
| Term(s) |
5 years |
| Access to Funds
|
Not redeemable prior to maturity |
| Interest Payment Option |
At maturity only |
| Minimum Investment Amount |
$1,000 |
| Plan Eligibility |
RSP |
| All Inclusive Annual Fee |
2.85% |
| Issued By |
Bank of Montreal Mortgage Corporation (BMMC) |
| Transferability |
No |
| 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 |
| 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* |
Unlimited
*Depending on the performance of the reference portfolio. |
| Availability |
Available in a monthly Series. See the Series tab for the current available series |
| CDIC Eligibility |
Eligible for CDIC deposit insurance (up to applicable limits) |
| Available to Business Banking Client |
Yes, Non-registered only |
| Reference Portfolio for the Series |
Return is linked to the best performing of three portfolios.
|
| Tax Treatment |
Non-registered only:
The returns, if any, will be taxed at maturity as interest income. |
| Terms and Conditions |
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