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Published on 6/20/2014 in the Prospect News Structured Products Daily.

New Issue: Bank of Montreal prices $350,000 bullish enhanced return notes tied to Russell 2000

By Toni Weeks

San Luis Obispo, Calif., June 20 – Bank of Montreal priced $350,000 of 0% bullish enhanced return notes due Jan. 15, 2016 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 200% of any index gain, subject to a maximum return of 26%. Investors will be fully exposed to any losses.

BMO Capital Markets Corp. is the agent.

Issuer:Bank of Montreal
Issue:Bullish enhanced return notes
Underlying index:Russell 2000
Amount:$350,000
Maturity:Jan. 15, 2016
Coupon:0%
Price:Par
Payout at maturity:Par plus double any index gain, subject to maximum return of 26%; full exposure to any losses
Initial level:1,183.13
Pricing date:June 18
Settlement date:June 23
Agent:BMO Capital Markets Corp.
Fees:None
Cusip:06366RUT0

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