New Issue: BMO prices $4.04 million buffered bullish enhanced return notes linked to Russell 2000

By Wendy Van Sickle

Columbus, Ohio, Aug. 30 – Bank of Montreal priced $4.04 million of 0% buffered bullish enhanced return notes due April 4, 2017 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 150% of any index gain, up to a maximum redemption amount of $1,087 for each $1,000 principal amount. Investors will receive par if the index falls by up to 5% and lose 1% for every 1% that it may decline beyond 5%.

BMO Capital Markets Corp. is the agent.

Issuer:	Bank of Montreal
Issue:	Buffered bullish enhanced return notes
Underlying index:	Russell 2000
Amount:	$4,039,000
Maturity:	April 4, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 150% of any index gain, with return capped at 8.7%; par if index falls by up to 5%; otherwise, 1% loss for every 1% that index declines beyond 5%
Initial index level:	1,238.031
Pricing date:	Aug. 26
Settlement date:	Sept. 2
Agent:	BMO Capital Markets Corp.
Fees:	0.1%
Cusip:	06367TKR0

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