New Issue: BMO sells $568,000 buffered bullish notes on Ameriprise IRG Conviction stocks

By Marisa Wong

Morgantown, W.Va., Feb. 5 – Bank of Montreal priced $568,000 of 0% buffered bullish enhanced return notes due Feb. 7, 2020 linked to an equally weighted basket of the equity securities of 10 publicly traded companies in the Ameriprise Investment Research Group (IRG) 2019 Conviction List, according to a 424B2 filing with the Securities and Exchange Commission.

Ameriprise Financial’s senior equity analysts identified the basket companies as the 10 U.S. equity securities that they believe have a relatively high likelihood of outperforming the S&P 500 Total Return index over the next 12 months.

The underlying stocks are American Tower Corp., Cisco Systems, Inc., EOG Resources, Inc., Hasbro, Inc., Humana Inc., JPMorgan Chase & Co., Medtronic, plc, Nvidia Corp., Constellation Brands, Inc. and Wabtec Corp.

The payout at maturity will be par plus 200% of any basket gain, up to a maximum return of 17.5%.

If the basket falls by up to 5%, the payout will be par. Otherwise, investors will lose 1% for every 1% basket decline beyond 5%.

BMO Capital Markets Corp. is the agent.

Issuer:	Bank of Montreal
Issue:	Buffered bullish enhanced return notes
Underlying stocks:	American Tower Corp. (Symbol: AMT), Cisco Systems, Inc. (Symbol: CSCO), EOG Resources, Inc. (Symbol: EOG), Hasbro, Inc. (Symbol: HAS), Humana Inc. (Symbol: HUM), JPMorgan Chase & Co. (Symbol: JPM), Medtronic, plc (Symbol: MDT), Nvidia Corp. (Symbol: NVDA), Constellation Brands, Inc. (Symbol: STZ) and Wabtec Corp. (Symbol: WAB); equally weighted
Amount:	$568,000
Maturity:	Feb. 7, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 200% of any basket gain, up to a maximum return of 17.5%; par if basket falls by up to 5%; otherwise, 1% loss for every 1% basket decline beyond 5%
Initial prices:	$168.05 for American Tower, $45.75 for Cisco, $98.10 for EOG, $90.73 for Hasbro, $301.63 for Humana, $103.88 for JPMorgan, $86.42 for Medtronic, $138.01 for Nvidia, $167.90 for Constellation, $67.30 for Wabtec
Pricing date:	Jan. 28
Settlement date:	Jan. 31
Agent:	BMO Capital Markets Corp.
Fees:	0.41%
Cusip:	06367WGP2

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