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424B2: Prospectus

SEC ·  Dec 28, 2024 04:43

Summary by Futu AI

Bank of Montreal has issued $350,000 in Senior Medium-Term Notes due March 31, 2026, linked to the performance of the Nasdaq-100 Technology Sector Index and S&P 500 Index. The notes offer 125% leveraged upside potential capped at 20.75% return, with 15% downside protection.The notes provide exposure to the least performing of the two indices. Investors can lose up to 85% of principal if the worst-performing index declines over 15%. The notes do not pay interest and are not listed on any exchange. All payments are subject to Bank of Montreal's credit risk.BMO Capital Markets Corp. is acting as the agent for this offering, with a 0.25% commission. The estimated initial value of the notes is $981.66 per $1,000 principal amount. The notes are designed for investors seeking leveraged upside potential with partial downside protection on technology sector exposure.
Bank of Montreal has issued $350,000 in Senior Medium-Term Notes due March 31, 2026, linked to the performance of the Nasdaq-100 Technology Sector Index and S&P 500 Index. The notes offer 125% leveraged upside potential capped at 20.75% return, with 15% downside protection.The notes provide exposure to the least performing of the two indices. Investors can lose up to 85% of principal if the worst-performing index declines over 15%. The notes do not pay interest and are not listed on any exchange. All payments are subject to Bank of Montreal's credit risk.BMO Capital Markets Corp. is acting as the agent for this offering, with a 0.25% commission. The estimated initial value of the notes is $981.66 per $1,000 principal amount. The notes are designed for investors seeking leveraged upside potential with partial downside protection on technology sector exposure.

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