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BMO Asset Management Announces Proposed Termination of Certain BMO Exchange Traded Funds

TORONTO, ONTARIO--(Marketwired - Sept. 6, 2013) - BMO Asset Management Inc. (the "Manager"), the manager of BMO Energy Commodities Index ETF, BMO Agriculture Commodities Index ETF, BMO Base Metals Commodities Index ETF, and BMO Precious Metals Commodities Index ETF (the "Funds") announced that it has decided to terminate the Funds on or about December 6, 2013 (the "Termination Date").

Pursuant to the declaration of trust governing the Funds, the Manager may terminate the Funds on not less than 60 days' notice to unitholders.

Effective today, no further direct subscriptions for units of the Funds will be accepted. The last date on which a redemption request may be placed with the Manager is expected to be December 5, 2013. All units of the Funds held by investors after such date will be subject to a mandatory redemption as of the Termination Date.

On or about the Termination Date, the Manager will convert the Funds' portfolios to cash, to the extent practicable. Upon the Termination Date, each Fund's property remaining after paying or providing for the relevant Fund's liabilities and obligations will be distributed pro rata among the Funds' respective unitholders based on the net asset value per unit of the class held by such unitholders.

The units of the Funds will be de-listed from the Toronto Stock Exchange on or about the Termination Date.

BMO ETFs are managed and administered by BMO Asset Management Inc., an investment fund manager and 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. Exchange traded funds are not guaranteed, their values change frequently and past performance may not be repeated.

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

Get the latest BMO press releases via Twitter by following @BMOmedia.

About BMO Exchange Traded Funds (ETFs)

Established in June 2009, BMO Financial Group's ETF business is a leading ETF provider in Canada. BMO ETFs provide Canadian investors with broader choices and greater access to an innovative portfolio of investment products.

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 $549 billion as at July 31, 2013, and more than 46,000 employees, BMO Financial Group provides a broad range of personal and commercial banking, wealth management and investment banking products and solutions.

For further information:
Media Contacts:
Amanda Robinson, Toronto
(416) 867-3996
amanda.robinson@bmo.com

Valérie Doucet, Montréal
(514) 877-8224
valerie.doucet@bmo.com
Internet : www.bmo.com