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      News Releases

      BMO Asset Management Inc. Announces Cash Distributions for BMO Exchange Traded Funds

      TORONTO, ONTARIO--(Marketwired - Feb. 18, 2014) - BMO Asset Management Inc. today announced the February 2014 cash distributions for certain BMO Exchange Traded Funds (ETFs)* that pay monthly distributions. Unitholders of record of the BMO ETFs at close of business on February 27, 2014 will receive cash distributions payable on March 6, 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 0.027
      BMO Mid Federal Bond Index ETF ZFM 0.038
      BMO Long Federal Bond Index ETF ZFL 0.048
      BMO Short Provincial Bond Index ETF ZPS 0.039
      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 0.053
      BMO Long Corporate Bond Index ETF ZLC 0.066
      BMO Aggregate Bond Index ETF ZAG 0.042
      BMO Discount Bond Index ETF ZDB 0.027
      BMO Real Return Bond Index ETF ZRR 0.026
      BMO Floating Rate High Yield ETF ZFH 0.044
      BMO High Yield US Corporate Bond Hedged to CAD Index ETF ZHY 0.081
      BMO Emerging Markets Bond Hedged to CAD Index ETF ZEF 0.065
      BMO Mid-Term US IG Corporate Bond Index ETF ZIC 0.048
      BMO Mid-Term US IG Corporate Bond Index ETF (U.S. Dollar Units) ZIC.U 0.046
      BMO Short-Term US IG Corporate Bond Hedged to CAD Index ETF ZSU 0.026
      BMO Mid-Term US IG Corporate Bond Hedged to CAD Index ETF ZMU 0.046
      BMO Ultra Short-Term Bond ETF ZST 0.150
      BMO 2015 Corporate Bond Target Maturity ETF ZXB 0.042
      BMO 2020 Corporate Bond Target Maturity ETF ZXC 0.054
      BMO 2025 Corporate Bond Target Maturity ETF ZXD 0.056
      BMO S&P/TSX Equal Weight Banks Index ETF ZEB 0.058
      BMO Equal Weight Utilities Index ETF ZUT 0.060
      BMO Equal Weight REITs Index ETF ZRE 0.083
      BMO Monthly Income ETF ZMI 0.058
      BMO Covered Call Canadian Banks ETF ZWB 0.068
      BMO Covered Call Utilities ETF ZWU 0.073
      BMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF ZWA 0.071
      BMO US High Dividend Covered Call ETF ZWH 0.075
      BMO Canadian Dividend ETF ZDV 0.065
      BMO S&P/TSX Laddered Preferred Share Index ETF ZPR 0.053
      BMO US Dividend Hedged to CAD ETF ZUD 0.040
      BMO US Dividend ETF ZDY 0.042
      BMO US Dividend ETF (U.S. Dollar Units) ZDY.U 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.

      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® is a registered trademark of Standard & Poor's Financial Services LLC, Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC, and TSX is a trademark of TSX Inc. These and other associated trademarks and/or service marks have been licensed for use by BMO Asset Management Inc. The indices underlying the ZEB, ZUT, ZRE, ZWA, and ZPR BMO ETFs are products of S&P Dow Jones Indices LLC and 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 trademark 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.

      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.

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

      Valerie Doucet, Montreal
      (514)-877-8224
      valerie.doucet@bmo.com