BMO GOLDRs
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BMO GOLD Deposit Receipts (GOLDRs®)

DTC-eligible, SEC-registered, and CUSIP-bearing.
Finally, institutional investors can reflect gold bullion in virtually any U.S. brokerage account with ease.

Indicative Daily Closing Price, 16Aug2018 : $1,173.40 / deposit receipt

Operationally efficient, pure gold.

BMO GOLDRs® have a number of features useful to institutional investors:

  • No annual fees
  • DTC-eligibility
  • SEC-registered
  • No tracking error
  • No derivatives
  • No empty vault risk
  • Allocated gold bullion stored in Canada at the Royal Canadian Mint
  • Intraday spot liquidity and pricing
  • Bankruptcy-remote: Gold bullion not available to claims of creditors of BMO
  • Physical delivery
  • Daily mark-to-market

Potential Institutional Investor Segments

  • RIAs
  • Private banks
  • Broker dealers
  • Hedge funds
  • Mutual funds
  • Pension funds
  • Investment banks
  • Endowments
  • Foundations

 

Learn more about BMO GOLDRs®
Including the risks associated with an investment

About BMO (TSX, NYSE: BMO)

Bank of Montreal (BMO) is Canada’s oldest bank.

Established in 1817 as Bank of Montreal, BMO Financial Group is a highly diversified financial services organization that provides a broad range of retail banking, wealth management and investment banking products and solutions.

BMO GOLDRs® are not securities of Bank of Montreal, nor are they obligations of Bank of Montreal.

bmo.com

Our Team

Simon Carling

Managing Director (Toronto)

Laurence Kaplan

Managing Director (New York)

Jim Pratt

Director (New York)

Louis Lucchetti

Director (Washington DC)

Jason Tulley

Director (San Francisco)

Adam Stempel

Director (New York)

Ted Brettingen

Vice President (Chicago/Milwaukee)

Dave Thomas

Associate (New York)