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Bank of Montreal Canadian Financials Growth (F-Class) Principal Protected Deposit Notes, Series 49

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Bank of Montreal Canadian Financials Growth (F-Class) Principal Protected Deposit Notes, Series 49 BMO Global Structured Products Principal Protected Solutions Bank of Montreal Canadian Financials Growth (F-Class) Principal Protected Deposit Notes, Series 49 Variable Return of 140% of the positive 100% Principal Protected 6 Year Term price performance of the Index at Maturity if held to Maturity Investment Highlights Reference Basket Return Description The Reference Basket will consist of an initially equally-weighted notional portfolio of Securities consisting of common shares of 5 The Variable Return is based on the average of the percentage Canadian TSX-listed Companies. As of August 21, 2017, the changes of the Closing Prices of the securities comprising the Securities in the Reference Basket had an average dividend or Reference Basket from the Closing Date to and including the Fifth distribution yield of 3.92% and the 5 Canadian Companies had an business day prior to Maturity (the “Final Valuation Date”). More average market capitalization of approximately $82.09 billion specifically, the Variable Return per Deposit Note, if any, is $100 (Source: Bloomberg). The following provides information on each multiplied by 140% of the average (if positive) of the percentage Security, including the TSX ticker symbol and the indicated changes of the Closing Prices of the securities comprising the dividend or distribution yield and market capitalization as at Reference Basket from the Closing Date to and including the August 21, 2017 (Source: Bloomberg). The information in the Final Valuation Date. following table is not intended to be, nor should it be construed to be, an indication as to the future dividend or distribution yield of Fundserv: JHN2106 the Securities. The Reference Basket will not include any dividends or distributions declared on the Securities. Investors Available until October 27, 2017 must be prepared to waive the aggregate dividend and www.bmosp.com distribution yield provided by the Securities, representing approximately 25.94% over the 6 year term of the Deposit Notes assuming the average dividend and distribution yield of the Securities remains constant at 3.92% each year and assuming dividends and distributions are reinvested in the Securities. Indicated Gross Dividend or Market Capitalization Company Exchange Symbol Distribution Yield (CAD$ millions) Royal Bank of Canada TSX RY 3.60% $137,628.96 Canadian Imperial Bank of Commerce TSX CM 4.56% $47,936.41 TD Bank TSX TD 3.33% $127,813.03 Bank of Nova Scotia TSX BNS 3.76% $95,521.20 National Bank of Canada TSX NA 3.88% $19,782.55 Source: Bloomberg as of September 22, 2017. ? For further information, please contact your Investment Advisor BMO Global Structured Products Principal Protected Solutions Bank of Montreal Canadian Financials Growth (F-Class) Principal Protected Deposit Notes, Series 49 Hypothetical Return Scenarios The following examples are included for illustration purposes only. The Security Returns used to illustrate the two different scenarios are hypothetical and are not estimates or forecasts of expected changes in the Closing Prices of the Securities from the Closing Date to and including the Final Valuation Date. Each of the scenarios refers to a Holder holding a single Deposit Note and assumes that no Extraordinary Event, Market Disruption Event, Potential Adjustment Event or Substitution Event has occurred. The calculation of the Variable Return would involve determining (i) the Security Return for each Security by comparing the Final Price of the Security to the Initial Price of the Security, and (ii) a Reference Basket Return equal to the greater of (a) the simple average of the Security Returns for each Security and (b) zero. The Variable Return, if any, will be equal to the Deposit Amount multiplied by 140% of the Reference Basket Return. Scenario 1: Negative Return Example Company Name Initial Price Final Price Security Return Royal Bank of Canada $96.92 $73.86 -23.80% Canadian Imperial Bank of Commerce $116.01 $91.05 -21.52% TD Bank $66.99 $36.13 -46.07% Bank of Nova Scotia $78.07 $54.57 -30.10% National Bank of Canada $56.01 $48.59 -13.24% = Average of the 5 Security Returns Portfolio Return = -26.94% = Deposit Amount × 140% × Portfolio Return Variable Return = $100.00 x 140% x 0% = $0.00 In the example above, the Index Return is negative. As a result, the Variable Return is zero and a Holder would not receive any Variable Return at Maturity, but would receive the Deposit Amount of $100 per Deposit Note at Maturity. Scenario 2: Positive Return Example Company Name Initial Price Final Price Security Return Royal Bank of Canada $96.92 $154.58 59.49% Canadian Imperial Bank of Commerce $116.01 $166.81 43.79% TD Bank $66.99 $95.57 42.66% Bank of Nova Scotia $78.07 $105.59 35.26% National Bank of Canada $56.01 $67.27 20.11% = Average of the 5 Security Returns Portfolio Return = 40.26% = Deposit Amount × 140% × Portfolio Return Variable Return = $100.00 x 140% x 40.26% = $56.37 In the example above, a Holder would receive a Variable Return of $56.37, representing a cumulative return of 56.37% and an annually compounded rate of return of 7.74%. In addition, at Maturity, a Holder would receive the Deposit Amount of $100 per Deposit Note. BMO Global Structured Products Principal Protected Solutions Bank of Montreal Canadian Financials Growth (F-Class) Principal Protected Deposit Notes, Series 49 Canadian Imperial Bank of Commerce provides banking and financial services to consumers, individuals, and corporate clients in Canada and around the world. National Bank of Canada provides a full array of banking services, including retail, corporate and investment banking. The Bank, through its subsidiaries, is involved in securities brokerage, insurance and wealth management, as well as mutual fund and retirement plan management. Royal Bank of Canada is a diversified financial services company. The Company provides personal and commercial banking, wealth management services, insurance, corporate and investment banking, and transaction processing services. Royal Bank offers its services to personal, business, public sector and institutional clients with operations worldwide. The Toronto-Dominion Bank conducts a general banking business through banking branches and offices located throughout Canada and overseas. The Bank and other subsidiaries offer a broad range of banking, advisory services, and discount brokerage to individuals, businesses, financial institutions, governments, and multinational corporations. The Bank of Nova Scotia provides retail, commercial, international, corporate, investment and private banking services and products. Source : www.bloomberg.com BMO Global Structured Products Principal Protected Solutions Bank of Montreal Canadian Financials Growth (F-Class) Principal Protected Deposit Notes, Series 49 Terms Of The Offering 28, 2 September dated Statement Information with the be and in read isof should This conjunction a only the Offering summary Issuer Bank of Montreal (the “Bank”). Issuer Rating As of the date of the Information Statement, the deposit liabilities of the Bank with a term to maturity of more than one year are rated “AA” by DBRS, “A+” by Standard & Poor’s and “A1” by Moody’s. The Deposit Notes have not been rated and there is no assurance that, if the Deposit Notes were rated by such rating agencies, they would have the same rating as the other conventional deposit liabilities of the Bank. The Deposit Notes will not be deposits insured under the Canada Deposit Insurance Corporation Act or any other deposit insurance regime designed to ensure the payment of all or a portion of a deposit upon the insolvency of the deposit taking financial institution. Issue Price $100 per Deposit Note (the “Deposit Amount”). Selling Period Until October 27, 2017. Issue Date On or about November 1, 2017. Maturity Date/Term Each Deposit Note will mature on November 1, 2023 (“Maturity” or “Maturity Date”), resulting in a term to maturity of approximately 6 years. Minimum Purchase $2,000 (20 Deposit Notes). Reference Basket The price performance of the Reference Basket will determine the amount of Variable Return, if any, Holders will receive at Maturity. The Reference Basket will consist of an initially equally-weighted notional portfolio of Securities consisting of common shares of the following 5 Canadian TSX-listed issuers listed below (collectively, the “Companies”): Royal Bank of Canadian Imperial Bank Toronto-Dominion Bank Bank of Nova Scotia National Bank of Canada Canada of Commerce Payment at Maturity Subject to the occurrence of certain special circumstances, for each Deposit Note held at Maturity, an investor will receive (i) the Deposit Amount, and (ii) a Variable Return, if any, based on the price performance of an initially equally-weighted notional portfolio of securities (the “Reference Basket”). More specifically, the Variable Return per Deposit Note, if any, is $100.00 multiplied by 140% of the average (if positive) of the percentage changes of the Closing Prices of the Securities from the Closing Date to and including the fifth (5th) business day prior to Maturity (the “Final Valuation Date”). If the percentage change in the Closing Price of one or more of the Securities is zero or negative, this will offset positive percentage changes in the Closing Prices of other Securities, potentially resulting in no Variable Return being payable on the Deposit Notes. The Variable Return, if any, will not reflect any dividends or distributions declared on the Securities. Beneficial holders of Deposit Notes (each a “Holder”) cannot elect to receive any payments prior to Maturity. No Variable Return or distributions will be paid during the term of the Deposit Notes. It is possible that no return will be payable on the Deposit Notes. See “Note Program – Maturity Payment” and “Note Program – Variable Return” in the Information Statement. Fundserv Code JHN2106 Fees and Expenses of No expenses will be paid out of the proceeds of the Offering to BMO Nesbitt Burns Inc.
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