BMO S&P/TSX™ 60 Market Index GIC
| BMO S&P/TSX™ 60 Market Index GIC |
|
| Item |
Details |
| Term(s) |
3 or 5 year term |
| 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, 1 year GIC at current rate (unless other instructions provided) |
| 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* |
Unlimited
*Depending on the performance of the reference portfolio. |
| Availability |
Available on a weekly basis |
| CDIC Eligibility |
Eligible for CDIC deposit insurance (up to applicable limits) |
| Reference Portfolio |
The S&P/TSX 60 IndexTM
The S&P/TSX 60 Index is an index of 60 liquid, large-capitalization stocks and income trust units drawn from the constituents of the S&P/TSX Composite Index. |
| Tax Treatment |
Non-registered only:
The returns, if any, will be taxed at maturity as interest income. |
| Terms and Conditions |
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