New Issue: BMO sells $63,000 bullish enhanced notes on Ameriprise IRG Quality Factor stocks

By Marisa Wong

Morgantown, W.Va., March 5 – Bank of Montreal priced $63,000 of 0% bullish enhanced return notes due March 1, 2019 linked to an equally weighted basket of the equity securities of 16 publicly traded companies in the Ameriprise Investment Research Group (IRG) Quality Factor Leaders, according to a 424B2 filing with the Securities and Exchange Commission.

American Enterprise Investment Services, Inc.’s senior equity analysts identified the basket companies as the 16 equity securities that they believe are top ranking among the IRG’s domestic and international focus list selections, based on nine quantitative factors: return on equity; gross margin; operating cash flow; interest coverage ratio; debt-to-equity ratio; asset efficiency (i.e., asset turnover); earnings stability; accruals tilt; and three-year earnings per share growth.

The underlying stocks are BB&T Corp., Check Point Software Technologies Ltd., Clorox Co., Emerson Electric Co., Gilead Sciences, Inc., Alphabet Inc., Home Depot, Inc., JPMorgan Chase & Co., 3M Co., Marathon Petroleum Corp., Nvidia Corp., Novo Nordisk A/S, Sealed Air Corp., SunTrust Banks, Inc., Ulta Beauty, Inc. and Visa Inc.

The payout at maturity will be par plus 200% of any basket gain, up to a maximum return of 8%.

If the basket falls by up to 5%, the payout will be par. Investors will be exposed to any basket decline beyond 5%.

BMO Capital Markets Corp. is the agent.

Issuer:	Bank of Montreal
Issue:	Bullish enhanced return notes
Underlying stocks:	BB&T Corp. (Symbol: BBT), Check Point Software Technologies Ltd. (Symbol: CHKP), Clorox Co. (Symbol: CLX), Emerson Electric Co. (Symbol: EMR), Gilead Sciences, Inc. (Symbol: GILD), Alphabet Inc. (Symbol: GOOGL), Home Depot, Inc. (Symbol: HD), JPMorgan Chase & Co. (Symbol:	JPM), 3M Co. (Symbol: MMM), Marathon Petroleum Corp. (Symbol: MPC), Nvidia Corp. (Symbol: NVDA), Novo Nordisk A/S (Symbol: NVO), Sealed Air Corp. (Symbol: SEE), SunTrust Banks, Inc. (Symbol: STI), Ulta Beauty, Inc. (Symbol: ULTA) and Visa Inc. (Symbol: V); equally weighted
Amount:	$63,000
Maturity:	March 1, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 200% of any basket gain, up to a maximum return of 8%; par if the basket falls by up to 5%; 1% loss for each 1% decline beyond the buffer
Pricing date:	Feb. 23
Settlement date:	Feb. 28
Agent:	BMO Capital Markets Corp.
Fees:	1.65%
Cusip:	06367T2B5

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