News Releases

TORONTO, ONTARIO--(Marketwired - Dec. 17, 2013) - BMO Financial Group today announced the 2013 annual reinvested distributions for BMO Exchange Traded Funds (ETFs)*. These annual reinvested distributions generally represent realized capital gains within the ETFs or special dividends received by the ETFs.

Unitholders of record at close of business on December 30, 2013 will receive the 2013 reinvested distributions. The actual taxable amounts, including the tax characteristics, will be reported in early 2014.

Please note that the cash distributions will be reported separately and may be applicable for some ETFs making annual reinvested distributions.

Details of the per unit reinvested distribution amounts are as follows:

BMO ETF	Ticker	Reinvested Distribution ($)
BMO Aggregate Bond Index ETF	ZAG	0.000000
BMO Short Federal Bond Index ETF	ZFS	0.000000
BMO Mid Federal Bond Index ETF	ZFM	0.000000
BMO Long Federal Bond Index ETF	ZFL	0.000000
BMO Real Return Bond Index ETF	ZRR	0.088000
BMO Short Provincial Bond Index ETF	ZPS	0.000000
BMO Mid Provincial Bond Index ETF	ZMP	0.000000
BMO Long Provincial Bond Index ETF	ZPL	0.000000
BMO Short Corporate Bond Index ETF	ZCS	0.000000
BMO Mid Corporate Bond Index ETF	ZCM	0.000000
BMO Long Corporate Bond Index ETF	ZLC	0.000000
BMO Mid-Term US IG Corporate Bond Index ETF	ZIC	0.021910
BMO Mid-Term US IG Corporate Bond Index ETF (US Dollar Units)	ZIC.U	0.045395
BMO Mid-Term US IG Corporate Bond Hedged to CAD Index ETF	ZMU	0.000000
BMO High Yield US Corporate Bond Hedged to CAD Index ETF	ZHY	0.000000
BMO 2013 Corporate Bond Target Maturity ETF**	ZXA	0.000000
BMO 2015 Corporate Bond Target Maturity ETF	ZXB	0.016947
BMO 2020 Corporate Bond Target Maturity ETF	ZXC	0.019580
BMO 2025 Corporate Bond Target Maturity ETF	ZXD	0.000000
BMO Emerging Markets Bond Hedged to CAD Index ETF	ZEF	0.000000
BMO S&P/TSX Laddered Preferred Share Index ETF	ZPR	0.000000
BMO Monthly Income ETF	ZMI	0.015275
BMO Covered Call Canadian Banks ETF	ZWB	0.000000
BMO Covered Call Utilities ETF	ZWU	0.000000
BMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF	ZWA	0.000000
BMO S&P/TSX Capped Composite Index ETF	ZCN	0.073188
BMO Canadian Dividend ETF	ZDV	0.000000
BMO Low Volatility Canadian Equity ETF	ZLB	0.312144
BMO Dow Jones Industrial Average Hedged to CAD Index ETF	ZDJ	0.000000
BMO S&P 500 Index ETF	ZSP	0.000000
BMO S&P 500 Index ETF (US Dollar Units)	ZSP.U	0.000000
BMO S&P 500 Hedged to CAD Index ETF	ZUE	0.000000
BMO US Dividend ETF	ZDY	0.034892
BMO US Dividend ETF (US Dollar Units)	ZDY.U	0.042057
BMO US Dividend Hedged to CAD ETF	ZUD	0.000000
BMO Low Volatility US Equity ETF	ZLU	0.072382
BMO Low Volatility US Equity ETF (US Dollar Units)	ZLU.U	0.236519
BMO MSCI EAFE Hedged to CAD Index ETF	ZDM	0.000000
BMO MSCI Emerging Markets Index ETF	ZEM	0.000000
BMO China Equity Index ETF	ZCH	0.000000
BMO India Equity Index ETF	ZID	0.000000
BMO S&P/TSX Equal Weight Banks Index ETF	ZEB	0.013987
BMO S&P/TSX Equal Weight Oil & Gas Index ETF	ZEO	0.000000
BMO Equal Weight Utilities Index ETF	ZUT	0.000000
BMO Equal Weight REITs Index ETF	ZRE	0.000000
BMO S&P/TSX Equal Weight Industrials Index ETF	ZIN	0.470960
BMO NASDAQ 100 Equity Hedged to CAD Index ETF	ZQQ	0.000000
BMO Equal Weight U.S. Health Care Hedged to CAD Index ETF	ZUH	0.000000
BMO Equal Weight U.S. Banks Hedged to CAD Index ETF	ZUB	0.000000
BMO Global Infrastructure Index ETF	ZGI	0.051536
BMO S&P/TSX Equal Weight Global Base Metals Hedged to CAD Index ETF	ZMT	0.000000
BMO S&P/TSX Equal Weight Global Gold Index ETF	ZGD	0.000000
BMO Junior Gold Index ETF	ZJG	0.000000
BMO Junior Oil Index ETF	ZJO	0.000000
BMO Junior Gas Index ETF	ZJN	0.000000

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

**As announced on December 6, 2013, BMO 2013 Corporate Bond Target Maturity ETF ("ZXA") will change its name to BMO Ultra Short-Term Bond ETF on or about December 31, 2013. The ticker symbol will also change to ZST and units will be consolidated on a one for four basis. Units will begin trading on the Toronto Stock Exchange, under the new ticker symbol and on a consolidated basis, on or about January 3, 2014.

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.

"S&P®", "S&P 500®" and "S&P/TSX Capped Composite™" are trade-marks of Standard and Poor's Financial Services LLC and "TSX" is a trade-mark of TSX Inc. These and other associated trade-marks and/or service marks have been licensed for use by BMO Asset Management Inc. None of the BMO ETFS are sponsored, endorsed, sold or promoted by any of its aforementioned trade-mark owners and the related index providers or their respective affiliates or their third party licensors and these entities make no representation, warranty or condition regarding the advisability of buying, selling or holding units in the BMO ETFs.

The Dow Jones Industrial Average(SM) is a product of Dow Jones Opco, LLC, ("Dow Jones Opco"), a subsidiary of S&P Dow Jones Indices LLC and has been licensed for use. "Dow Jones®" and "Dow Jones Industrial Average(SM)" are service marks of Dow Jones Trademark Holdings, LLC ("Dow Jones") and have been licensed to Dow Jones Opco for use for certain purposes. BMO ETFs based on Dow Jones indexes are not sponsored, endorsed, sold or promoted by Dow Jones Opco, Dow Jones or their respective affiliates, and Dow Jones Opco, Dow Jones and their respective affiliates make no representation regarding the advisability of trading in such product(s).

The funds or securities referred to herein are not sponsored, endorsed, or promoted by MSCI, and MSCI bears no liability with respect to any such funds or securities or any index on which such funds or securities are based. The prospectus contains a more detailed description of the limited relationship MSCI has with BMO Asset Management Inc. and any related funds.

Nasdaq®, OMX®, NASDAQ OMX®, Nasdaq-100®, and Nasdaq-100 Index®, are registered trademarks of The NASDAQ OMX Group, Inc. (which with its affiliates is referred to as the "Corporations") and are licensed for use by BMO Asset Management Inc. The BMO Nasdaq 100 Equity Hedged to CAD Index ETF has not been passed on by the Corporations as to its legality or suitability and is not issued, endorsed, sold, or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO The BMO Nasdaq 100 Equity Hedged to CAD Index ETF.

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

About BMO Exchange Traded Funds (ETFs)

Established in May 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 $537 billion as at October 31, 2013, and more than 45,000 employees, BMO Financial Group provides a broad range of personal and commercial banking, wealth management and investment banking products and solutions.