New Issue: BMO prices $56,000 buffered bullish notes linked to index, ETF basket

By Marisa Wong

Morgantown, W.Va., Aug. 2 – Bank of Montreal priced $56,000 of 0% buffered bullish enhanced return notes due Jan. 31, 2019 linked to an equally weighted basket of indexes and a fund, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the S&P 500 index, the Euro Stoxx 50 index, the Russell 2000 index and the iShares MSCI Emerging Markets exchange-traded fund.

The payout at maturity will be par plus 125% of any basket gain, up to a maximum redemption amount of $1,225 for each $1,000 principal amount.

Investors will be receive par if the basket falls by up to 10% and will be exposed to any losses beyond 10%.

BMO Capital Markets Corp. is the agent.

Issuer:	Bank of Montreal
Issue:	Barrier bullish return notes
Underlying basket:	S&P 500 index, Euro Stoxx 50 index, Russell 2000 index and iShares MSCI Emerging Markets ETF; equally weighted
Amount:	$56,000
Maturity:	Jan. 31, 2019
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	Par plus 125% of any basket gain, up to a maximum redemption amount of $1,225 for each note; par if basket falls by up to 10%; exposure to any losses beyond 10%
Initial levels:	2,169.18 for S&P, 2,978.90 for Euro Stoxx, 1,216.859 for Russell, $35.89 for ETF
Pricing date:	July 26
Settlement date:	July 29
Agent:	BMO Capital Markets Corp.
Fees:	1%
Cusip:	06367TGU8

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