- First and only major Canadian financial institution to offer
an investment structured this way
- Offers 100 per cent principal protection by BMO, a
guaranteed annual interest payment, and the potential to double the
investment in as little as five years
TORONTO, Nov. 28, 2019 /CNW/ - Today BMO Financial
Group announced the launch of the BMO Money Multiplier Variable
Term Deposit. The BMO Money Multiplier blends the characteristics
of yield-generating and growth-oriented investments with the peace
of mind of investments that secure the principle.
"The BMO Money Multiplier is a unique solution for investors
with medium to long-term portfolio outlook, who want a secure and
guaranteed investment," said Mathieu
Lepine, Head, Term Investments, BMO Bank of Montreal. "The new solution is an investing
option for new, cautious or performance driven investors interested
in gaining exposure to the Canadian banking sector, with guaranteed
protection."
The growth potential of the BMO Money Multiplier is driven by
the strength of the Canadian banking sector. The potential to
double an investment, the term to maturity and the maturity value
of the BMO Money Multiplier are based on the price performance of
the S&P/TSX Banks Index.
BMO is committed to delivering innovative investment solutions
to help customers achieve their financial goals and better
diversify their portfolios. Customers looking to learn more about
the BMO Money Multiplier and where it might fit within an
investment plan, can book an appointment with an investment
professional at their local BMO branch.
For more information on the BMO Money Multiplier, please visit,
www.bmo.com/moneymultiplier
For more information on investment options at BMO, please
visit, www.bmo.com/investments
About BMO Financial Group
Serving customers for 200
years and counting, BMO is a highly diversified financial services
provider - the 8th largest bank, by assets, in North America. With total assets of
$839 billion as of July 31, 2019, and a team of diverse and highly
engaged employees, BMO provides a broad range of personal and
commercial banking, wealth management and investment banking
products and services to more than 12 million customers and
conducts business through three operating groups: Personal and
Commercial Banking, BMO Wealth Management and BMO Capital
Markets.
SOURCE BMO Financial Group