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BMO Financial Group Announces Monthly Cash Distributions for BMO Exchange Traded Funds

TORONTO, ONTARIO--(Marketwire - May 18, 2011) - BMO Financial Group announced today the May 2011 cash distributions for the 20 BMO Exchange Traded Funds (ETFs)* which pay monthly distributions. Unitholders of record at close of business on May 30, 2011 will receive cash distributions payable on June 7, 2011.

Details of the per unit distribution amounts are as follows:


BMO ETF

Ticker
Cash Distribution per Unit ($)
BMO Short Federal Bond Index ETF ZFS 0.039
BMO Mid Federal Bond Index ETF ZFM 0.043
BMO Long Federal Bond Index ETF ZFL 0.054
BMO Short Provincial Bond Index ETF ZPS 0.052
BMO Short Corporate Bond Index ETF ZCS 0.054
BMO Mid Corporate Bond Index ETF ZCM 0.064
BMO Long Corporate Bond Index ETF ZLC 0.071
BMO Aggregate Bond Index ETF ZAG 0.051
BMO Real Return Bond Index ETF ZRR 0.031
BMO High Yield US Corporate Bond Hedged to CAD Index ETF ZHY 0.106
BMO Emerging Markets Bond Hedged to CAD Index ETF ZEF 0.073
BMO 2013 Corporate Bond Target Maturity ETF ZXA 0.051
BMO 2015 Corporate Bond Target Maturity ETF ZXB 0.059
BMO 2020 Corporate Bond Target Maturity ETF ZXC 0.064
BMO 2025 Corporate Bond Target Maturity ETF ZXD 0.066
BMO S&P/TSX Equal Weight Banks Index ETF ZEB 0.048
BMO Equal Weight Utilities Index ETF ZUT 0.068
BMO Equal Weight REITs Index ETF ZRE 0.084
BMO Monthly Income ETF ZMI 0.065
BMO Covered Call Canadian Banks ETF ZWB 0.127

Further information about BMO ETF Products can be found at www.bmo.com/etfs.

*BMO ETFs are administered and managed by BMO Asset Management Inc., a portfolio manager and a separate legal entity from Bank of Montreal.

Commissions, management fees and expenses all may be associated with investments in exchange traded funds. Please read the prospectus before investing. The funds are not guaranteed, their values change frequently and past performance may not be repeated.

About BMO Financial Group

Established in 1817 as Bank of Montreal, BMO Financial Group is a highly-diversified North American financial services organization. With total assets of $413 billion as at January 31, 2011, and more than 38,000 employees, BMO Financial Group provides a broad range of retail banking, wealth management and investment banking products and solutions.

S&P ® is a registered trademark of Standard & Poor's Financial Services LLC ("S&P") and TSX is a trademark of Toronto Stock Exchange ("TSX"). These trademarks have been licensed for use by Bank of Montreal. BMO S&P/TSX Equal Weight Banks Index ETF is not sponsored, endorsed, sold or promoted by S&P or TSX, and S&P and TSX make no representation, warranty or condition regarding the advisability of buying, selling or holding units in the BMO ETFs.

 
For further information:
Media Contacts:
Martha McInnis, Toronto
(416) 867-3996
martha.mcinnis@bmo.com

Sarah Bensadoun, Montréal
(514) 877-1873
sarah.bensadoun@bmo.com
Internet: www.bmo.com