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Principal Protected Notes
Bank of Montreal Covered Call Canadian Banks ETF Minimum Coupon Principal Protected Deposit Notes, Series 15
Product Details
IssuerBank of Montreal
ClassETF Linked
Linked toZWB - BMO Covered Call Cdn Bank ETF
Issue dateJanuary 17, 2018
Maturity dateJanuary 17, 2025
Term7 years
Product Description
  • 100% Principal Protection: by Bank of Montreal, as issuer, if held to Maturity. Coupon payments of 0.75% per annum on the Deposit Amount. The Variable Return is based on the percentage change (if positive) in the closing price of the units of the Reference ETF from the Closing Date to the Final Valuation Date. More specifically, the Variable Return per Deposit Note is $100 multiplied by 100% of the percentage change (if positive).

Current Status As of May 18, 2018
Remaining Term6.67 years
Current ETC**3.10 %
Return since Inception:-4.78 %
Cumulative Distribution$0.00
Adjusted Cost Base if held since Inception$100.00
Current Bid Price: Historical Bid Prices & Distribution $95.22

**Early trading charge will reduce proceeds on disposition.