Bank of Montreal has issued $3 million in Market Linked Notes due September 13, 2030, linked to the Dow Jones Industrial Average. The notes offer structured returns based on the index's performance with the following key features:
- Maximum return capped at 78.08% ($1,780.80 per $1,000 principal)
- Three-tiered participation rate structure: - 167% participation above 102% of Initial Level - 21% participation between 96-102% of Initial Level - 200% downside exposure between 92-96% of Initial Level
- Full 1:1 loss exposure below 92% of Initial Level, with potential for 100% principal loss
The Initial Level will be determined by averaging index closing levels from June 13 to July 15, 2025. The notes are subject to Bank of Montreal's credit risk and do not pay interest. The estimated initial value is $969.38 per $1,000 principal amount.
Bank of Montreal has issued $275,000 of Capped Buffer Notes due June 24, 2030, linked to the S&P 500® Index. The notes offer 1-to-1 positive return on S&P 500 appreciation, capped at a maximum return of 116% ($2,160 per $1,000 principal).
Key features include:
- 30% downside buffer protection - investors only lose principal if index falls more than 30%
- Maximum loss potential of 70% of principal
- Initial S&P 500 level: 5,982.72
- Buffer level: 4,187.90 (70% of initial)
- Notes priced at 100% ($1,000 per note) with 0.50% agent commission
Notable risks include credit risk of Bank of Montreal, capped upside potential regardless of index performance beyond 116%, and potential loss of up to 70% of principal in worst-case scenarios. Notes will not be listed on any exchange and do not pay interest.
Bank of Montreal has filed a pricing supplement for Autocallable Barrier Notes with Contingent Coupons due June 30, 2026, linked to the performance of the S&P 500® Index and Russell 2000® Index. The notes offer:
- Quarterly contingent coupon payments of 2.125% (approximately 8.50% per annum) if both indices close above their Coupon Barrier Levels (60% of Initial Levels)
- Automatic early redemption starting September 2025 if both indices close above their Initial Levels
- Risk of principal loss if a Trigger Event occurs (any index falls below 60% of Initial Level during monitoring period) and the worst-performing index closes below Initial Level at maturity
Key features include $1,000 minimum denominations, estimated initial value of $986.10 per note, and BMO Capital Markets as agent. The notes are subject to Bank of Montreal's credit risk and will not be listed on any securities exchange. This structured product offers conditional income but does not provide direct exposure to the underlying indices.
Bank of Montreal has filed a pricing supplement for Autocallable Barrier Notes linked to the performance of three major indices: the S&P 500, Russell 2000, and Dow Jones Industrial Average. The notes, due January 19, 2027, offer monthly contingent coupon payments at 0.595% per month (approximately 7.14% per annum) if all reference assets close above their respective Coupon Barrier Levels.
Key features include:
- Automatic early redemption starting January 2026 if all reference assets close above their Initial Levels
- Coupon Barrier and Trigger Levels set at 60% of Initial Levels
- Principal at risk: Investors could lose 1% for every 1% decline in worst-performing index if triggered
- Minimum denomination of $1,000
- Estimated initial value of $984.90 per $1,000 principal amount
The notes are subject to Bank of Montreal's credit risk and will not be listed on any securities exchange. They are designed for investors seeking monthly income while accepting potential principal loss and limited upside participation.
Bank of Montreal has filed a pricing supplement for Barrier Notes due August 3, 2026, linked to the performance of the Russell 2000® Index and S&P 500® Index. The notes offer:
- Monthly interest payments of 0.8058% (approximately 9.67% per annum)
- Principal at risk based on the performance of the worst-performing index
- A Trigger Event occurs if either index falls below 75% of its Initial Level during monitoring
- If triggered and the worst-performing index is below its Initial Level at maturity, investors lose 1% for every 1% decline
Key features include $1,000 minimum denominations, estimated initial value of $985.60 per note, and no listing on securities exchanges. The notes carry Bank of Montreal's credit risk and do not participate in index appreciation. The offering includes selling concessions up to 0.65% and special pricing for fee-based advisory accounts between $993.50-$1,000 per note.
Bank of Montreal has filed a pricing supplement for Autocallable Barrier Notes with Contingent Coupons due June 30, 2026, linked to the performance of the S&P 500 and Russell 2000 indices. The notes offer:
- Quarterly contingent coupon payments of 2.725% (10.90% per annum) if both indices close above their Coupon Barrier Levels (70% of Initial Levels)
- Automatic early redemption starting September 2025 if both indices close above their Initial Levels
- No guaranteed principal protection; investors risk losing principal if: - Any index falls below its Trigger Level (70% of Initial Level) during monitoring period AND - The worst-performing index closes below its Initial Level at maturity
The notes will be issued in $1,000 denominations with an estimated initial value of $984.70 per note. They are subject to Bank of Montreal's credit risk and will not be listed on any securities exchange. The offering includes selling concessions up to 0.725% and targets investors seeking quarterly income while accepting potential principal loss.