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JHN504
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Initial Terms |
| Fund Sponsor: |
Mackenzie Financial Corporation |
| Class: |
Mutual Fund Linked |
| Issue Date: |
December 13, 2006 |
| Maturity Date: |
November 28, 2014 |
| Term to Maturity: |
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Status Update |
| Term Remaining: |
4.3 years |
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Return since Inception: |
-1.84 % |
| Cumulative Distribution: |
0.9 |
| Adjusted Cost Base if held since Inception: |
$99.1 |
| Current ETC**: |
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| Indicated Variable Rate of Return on Maturity: |
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| Current Bid Price*: |
$92.33
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| Historical Bid Prices & Distribution: |
view |
* Last updated September 02, 2010 and may be subject to an early trading charge. |
** Early trading charge will reduce proceeds on disposition. |
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| Offering Summary |
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- As of October 1, 2008, Bank of Montreal as issuer of the Deposit Notes, and BMO Nesbitt Burns Inc. as the Manager of the Note Program, have amended the terms of the Deposit Notes to include a minimum participation feature at no cost to you. The inclusion of this feature will generally entitle you to receive an amount equal to a minimum 5% of any increase in the initial basket value of the underlying assets above $100 per Deposit Note between the Closing Date and the Final Valuation Date
- Return, if any, is based on the performance of a portfolio of notional notional units of Mackenzie Cundill Value Fund and Mackenzie Ivy Foreign Equity Fund
- Up to 200% exposure to, using a low-cost loan facility, to the underlying Fund Portfolio
- 100% Principal Protection at Maturity by Bank of Montreal, as issuer
- Term to Maturity of approxiamtely 8 years
- Monthly distributions 2/3 of the Fund Portfolio’s positive return during the preceding 6 month period
- Distributions will be tax efficient return of capital
- Deposit Notes are tradeable in a daily secondary market which BMO Capital Markets has undertaken to use reasonable efforts to provide as outline in the Information Statement
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