Principal Protected Notes
Bank of Montreal Canadian Equity AutoCallable Principal Protected Deposit Notes, Series 10 (F-Class)
|Bank of Montreal|
|5 Canadian TSX issuers|
|May 16, 2018|
|May 16, 2024|
- If the Deposit Notes are not automatically called by the Bank before Maturity, and the Reference Basket Return on the Final Valuation Date is less than the AutoCall Level, a holder will receive the Deposit Amount in respect of each of the holder’s Deposit Notes.
- Fixed Return in Year 1: 5.25%; Year 2: 10.50%; Year 3: 15.75%; Year 4: 21.00%; Year 5: 26.25%; Year 6: 31.50% (or an annualized return of 5.25%, 5.12%, 5.00%, 4.88%, 4.77% and 4.67%
- respectively).AutoCall Level: A Reference Basket Return equal to 0%
Current Status As of April 19, 2018
**Early trading charge will reduce proceeds on disposition.
Bid Price (i) may be subject to an Early Trading Charge (equal to a percentage of the Deposit Amount), (ii) may be less than the Deposit Amount of the Notes, and (iii) reflects the most recent price available. The Bid Price may fluctuate and/or be adversely affected by a number of factors, including certain factors discussed in the Information Statement.
The above summary and the other material on this website is for information purposes only and does not constitute an offer to sell or a solicitation to purchase Notes. Investors should read the applicable Information Statement which sets out the specific terms and risk factors associated with an investment in the Notes carefully and discuss the suitability of the Notes with their investment advisor before making any investment decisions. The offering and sale of Notes may be prohibited or restricted by laws in certain jurisdictions. Notes may only be purchased where they may be lawfully offered for sale and only through individuals qualified to sell them. For a copy of the applicable Information Statement, click on the link above.