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BMO Growth Principal Protected Deposit Notes, Series 865 (CAD) Due December 31, 2030, Linked to Solactive Equal Weight Canada Banks 5% AR Index

Additional Informations

Issuer: Bank of Montreal
Securities Offered: BMO Growth Principal Protected Deposit Notes, Series 865 (CAD) Due December 31, 2030, Linked to Solactive Equal Weight Canada Banks 5% AR Index
Issue Price: $ 100 per note
Minimum: $ 2000 (20 notes)
Reference Index: Solactive Equal Weight Canada Banks 5% AR Index
Issuance Date: December 31, 2025
Maturity Date: December 31, 2030
Settlement date: Transaction date plus 1 days. **All purchases are closed without the possibility of cancellation ** Please refer to Information Statement Document, Right of cancellation.
RRSP & TFSA Eligibility: Yes
Term: 5 years
Participation Rate: Participation Rate: 150% of any positive Index Return.
Maximum Return: No cap is fixed as to the return of the Notes.
Principal Protected: The capital is 100% guaranteed at maturity.
Early Trading Charge: This fee goes from 4%, initially to 0% after 360 days.
Secondary Market: JHN3852
Commission received from the Issuer: Desjardins online brokerage will receive from the issuer a remuneration of $3.00 for each note sold (equivalent to 3.00% of the principal amount)
Subscription close: December 24, 2025, noon. Books can close without any further notice.
Offering Document: For more detailed information please refer to the prospectus.
Investment highlights: To view the Investment highlights please refer to this document.