The deposit notes will be available until March 14, 2008. The notes will be issued by Bank of Montreal on or about March 19, 2008 and are 100% eligible for registered plans.
The new series is expected to meet the ongoing demand for a portfolio solution that allows investors to benefit from the growth potential of equities, a stable income stream, unique tax efficiencies, systematic asset allocation, and a fixed low annual fee. The new offering builds on the success of the last four series, promoting sound financial planning practices by addressing the long-term needs of investors.