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GIC List
BMO Dividend Fund Linked GIC
BMO Dividend Fund Linked GIC
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Item Details
Term(s) A 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 continuously on a weekly basis
CDIC Eligibility Eligible for CDIC deposit insurance (up to applicable limits)
Reference Portfolio BMO Dividend Fund
Tax Treatment The returns, if any, will be taxed at maturity as interest income.
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