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BMO Asset Management Inc. Introduces Four New ETFs to its Product Suite

- Includes smart beta quality and dividend strategies plus innovative fixed income

- New ETFs address investors' demand for factor screening and income

- BMO AM's ETF line-up now stands at 62 ETFs

TORONTO, ONTARIO--(Marketwired - Nov. 12, 2014) - BMO Asset Management Inc. (BMO AM) today launched four Exchange Traded Funds (ETFs) to help address the portfolio construction needs of investors.

The new ETFs include ones which offer exposure to high quality or dividend-based equities and ones showcasing continued innovation in fixed income.

"In the current market environment, investors are looking for ways to position their portfolios more efficiently," said Kevin Gopaul, Chief Investment Officer and Senior Vice President, BMO Asset Management Inc. "With that in mind, we've continued to evolve and innovate with more products to meet the needs of Canadian investors. These new funds further solidify our position as a market-leading provider in smart beta and solutions-based ETFs."

With these new additions, BMO AM's ETF line-up now stands at 62 ETFs. According to a recent report by BMO Global Asset Management, 2014 has been another strong year for the Canadian ETF industry, which currently sits at $73 billion in AUM - up more than 15 per cent from year-end 2013.

The offering of the following new ETFs has closed, and they will begin trading on the Toronto Stock Exchange today:

BMO MSCI All Country World High Quality Index ETF (ZGQ): This ETF will allow investors to access quality investing - a strategy used to select companies with stable business models and viable competitive advantages - with exposure to global equities in a cost-efficient manner.

BMO MSCI USA High Quality Index ETF (ZUQ): This ETF will also allow access to quality investing, providing investors with exposure to high quality, industry-leading U.S. companies.

BMO Equity Linked Corporate Bond ETF (ZEL): This ETF is for investors who are looking for fixed income exposure with equity market upside. It will invest in a diversified portfolio of corporate bonds and will buy equity market options.

BMO International Dividend ETF (ZDI): This ETF is suited for yield-oriented investors who are seeking a diversified portfolio of international equities. It provides exposure to large- and mid-capitalization international companies with a sustainable dividend yield.

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

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*BMO ETFs are managed and administered by BMO Asset Management Inc., a portfolio manager and investment fund manager and 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.

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

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 financial services organization based in North America. The bank offers a broad range of retail banking, wealth management and investment banking products and services to more than 12 million customers. BMO Financial Group had more than $586 billion in total assets and approximately 47,000 employees at July 31, 2014.

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