New Issue: Bank of Montreal prices $1 million buffered bullish notes on iShares MSCI EAFE

By Marisa Wong

Madison, Wis., Dec. 17 - Bank of Montreal priced $1 million of 0% buffered bullish enhanced return notes due June 18, 2015 linked to the iShares MSCI EAFE index fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 200% of any fund gain, up to a maximum return of 22%.

Investors will receive par if the shares fall by up to 20% and will lose 1% for each 1% decline beyond 20%.

BMO Capital Markets Corp. is the agent.

Issuer:	Bank of Montreal
Issue:	Buffered bullish enhanced return notes
Underlying fund:	iShares MSCI EAFE index fund
Amount:	$1,003,000
Maturity:	June 18, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus double any fund gain, capped at 22%; par if shares fall by up to 20%; exposure to losses beyond 20%
Initial level:	$55.88
Buffer level:	$44.70, 80% of initial level
Pricing date:	Dec. 13
Settlement date:	Dec. 18
Agent:	BMO Capital Markets Corp.
Fees:	None
Cusip:	06366RKE4

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