News Releases

TORONTO, ONTARIO--(Marketwired - Dec. 17, 2013) - BMO Financial Group today announced the December 2013 cash distributions for certain BMO Exchange Traded Funds (ETFs)* that distribute either monthly, quarterly, or annually. Unitholders of record at close of business on December 30, 2013 will receive cash distributions payable on January 7, 2014.

Details of the per unit distribution amounts are as follows:

BMO ETFs with Monthly Distributions:		Ticker		Cash Distribution per Unit ($)
BMO Short Federal Bond Index ETF		ZFS		0.035
BMO Mid Federal Bond Index ETF		ZFM		0.038
BMO Long Federal Bond Index ETF		ZFL		0.053
BMO Short Provincial Bond Index ETF		ZPS		0.041
BMO Mid Provincial Bond Index ETF		ZMP		0.043
BMO Long Provincial Bond Index ETF		ZPL		0.048
BMO Short Corporate Bond Index ETF		ZCS		0.039
BMO Mid Corporate Bond Index ETF		ZCM		0.055
BMO Long Corporate Bond Index ETF		ZLC		0.066
BMO Aggregate Bond Index ETF		ZAG		0.076
BMO Real Return Bond Index ETF		ZRR		0.036
BMO High Yield US Corporate Bond Hedged to CAD Index ETF		ZHY		0.110
BMO Emerging Markets Bond Hedged to CAD Index ETF		ZEF		0.100
BMO Mid-Term US IG Corporate Bond Index ETF		ZIC		0.045
BMO Mid-Term US IG Corporate Bond Index ETF (U.S. Dollar Units)		ZIC.U		0.046
BMO Mid-Term US IG Corporate Bond Hedged to CAD Index ETF		ZMU		0.046
BMO 2013 Corporate Bond Target Maturity ETF**		ZXA		0.078
BMO 2015 Corporate Bond Target Maturity ETF		ZXB		0.042
BMO 2020 Corporate Bond Target Maturity ETF		ZXC		0.060
BMO 2025 Corporate Bond Target Maturity ETF		ZXD		0.065
BMO S&P/TSX Equal Weight Banks Index ETF		ZEB		0.056
BMO Equal Weight Utilities Index ETF		ZUT		0.060
BMO Equal Weight REITs Index ETF		ZRE		0.081
BMO Monthly Income ETF		ZMI		0.060
BMO Covered Call Canadian Banks ETF		ZWB		0.070
BMO Covered Call Utilities ETF		ZWU		0.073
BMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF		ZWA		0.073
BMO Canadian Dividend ETF		ZDV		0.068
BMO S&P/TSX Laddered Preferred Share Index ETF		ZPR		0.053
BMO US Dividend Hedged to CAD ETF		ZUD		0.050
BMO US Dividend ETF		ZDY		0.040
BMO US Dividend ETF (U.S. Dollar Units)		ZDY.U		0.045
BMO ETFs with Quarterly Distributions:
BMO S&P/TSX Capped Composite Index ETF		ZCN		0.135
BMO S&P 500 Hedged to CAD Index ETF		ZUE		0.120
BMO Dow Jones Industrial Average Hedged to CAD Index ETF		ZDJ		0.110
BMO S&P/TSX Equal Weight Oil & Gas Index ETF		ZEO		0.120
BMO MSCI EAFE Hedged to CAD Index ETF		ZDM		0.100
BMO Global Infrastructure Index ETF		ZGI		0.145
BMO Equal Weight US Banks Hedged to CAD Index ETF		ZUB		0.037
BMO Low Volatility Canadian Equity ETF		ZLB		0.110
BMO S&P 500 Index ETF		ZSP		0.080
BMO S&P 500 Index ETF (U.S. Dollar Units)		ZSP.U		0.078
BMO S&P/TSX Equal Weight Industrials Index ETF		ZIN		0.115
BMO Low Volatility US Equity ETF		ZLU		0.075
BMO Low Volatility US Equity ETF (U.S. Dollar Units)		ZLU.U		0.075
BMO ETFs with Annual Distributions:
BMO MSCI Emerging Markets Index ETF		ZEM		0.335
BMO China Equity Index ETF		ZCH		0.125
BMO India Equity Index ETF		ZID		0.075
BMO Nasdaq 100 Equity Hedged to CAD Index ETF		ZQQ		0.265
BMO Equal Weight US Health Care Hedged to CAD Index ETF		ZUH		0.115
BMO S&P/TSX Equal Weight Global Base Metals Hedged to CAD Index ETF		ZMT		0.135
BMO S&P/TSX Equal Weight Global Gold Index ETF		ZGD		0.070
BMO Junior Gold Index ETF		ZJG		0.000
BMO Junior Oil Index ETF		ZJO		0.385
BMO Junior Gas Index ETF		ZJN		0.040

*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.