Goodman & Co., Investment Counsel Ltd. today announced the launch of three new PRINCIPALPLUS Deposit Notes issued by Bank of Montreal.

The Deposit Notes offer access to global markets through up to 200% exposure to a portfolio of leading funds managed by Dynamic Funds with 100% principal protection at maturity. The degree of exposure will be determined by an asset allocation strategy designed to ensure principal protection, while taking advantage of market upswings. The return, if any, on the Deposit Notes will be based on the performance of the fund portfolio.

Three versions of the Deposit Notes are offered for sale: Yield Class, Series 3 which pays monthly taxable distributions, if any; R.O.C. Class, Series 3 which pays monthly tax efficient distributions, if any; and Total Return Class, Series 2 which is geared towards maximizing growth.

The Deposit Notes will be issued by Bank of Montreal on or about August 23, and will mature on or about February 13. The Deposit Notes are 100% eligible for registered plans, and are available through most financial advisors.

The complete terms of the offerings are set out in the Information Statements dated June 26.

Goodman & Co. is a leading Canadian investment firm with more than $20 billion in assets under management.