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BMO G7 Market Index GIC
| Rates - BMO G7 Market Index GIC |
| Guaranteed Return for the Term | No
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| Participation Rate* | 35% for 3 year term
50% for 5 year term
*The rate at which the investment participates in the returns of the reference portfolio
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| Maximum Rate of Return for the Term* | Unlimited*
*Depending on the performance of the reference portfolio.
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| Term | 3 or 5 year term |
| Calculation Method |
| Rate of Return for the Term | = | Return on Reference Portfolio | X | Participation Rate |
If the return on the Reference Portfolio is less than zero, the Rate of Return for the Term will be zero.
The return on the Reference Portfolio is calculated as follows:
| Return on Reference Portfolio | = | | Average Closing Value – Issue Date Value |
| | Issue Date Value |
| X | 100 |
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The Issue Date Value is the value of the G7
Index at market close on the Wednesday following the week of purchase.
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The Average Closing Value is the simple average of the G7 Index at market close on the 15th day of the 6 months immediately prior to the month in which the investment matures. If the 15th of the month falls on a weekend or holiday, the value on the following weekday that is not a holiday will be used.
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