New Issue: BMO prices $70,000 buffered bullish enhanced return notes on basket of indexes, ETF

By Wendy Van Sickle

Columbus, Ohio, June 29 – Bank of Montreal priced $70,000 of 0% buffered bullish enhanced return notes due Dec. 31, 2018 linked to a basket containing equal weights of three indexes and one exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The underlying components are the S&P 500 index, the Euro Stoxx 50 index, the Russell 2000 index and the iShares MSCI Emerging Markets ETF.

The payout at maturity will be par plus 125% of any basket gain, subject to a maximum return of $1,162.50 per $1,000 of notes.

Investors will receive par if the basket falls by up to 10% and will lose 1% for each 1% decline beyond 10%.

BMO Capital Markets Corp. is the agent.

Issuer:	Bank of Montreal
Issue:	Buffered bullish enhanced return notes
Underlying basket:	S&P 500 index, Euro Stoxx 50 index, Russell 2000 index and iShares MSCI Emerging Markets ETF, equal weights
Amount:	$70,000
Maturity:	Dec. 31, 2018
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	Par plus 125% of any basket gain, up to $1,162.50 per $1,000 note; par if basket falls by up to 10%; exposure to losses beyond 10%
Initial levels:	2,000.54 for S&P, 2,697.44 for Stoxx, 1,089.646 for Russell and $32.21 for ETF
Pricing date:	June 27
Settlement date:	June 30
Agent:	BMO Capital Markets Corp.
Fees:	2.75%
Cusip:	06367TFT2

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