News Releases

TORONTO, ONTARIO--(Marketwired - Dec. 17, 2014) - BMO Financial Group today announced the 2014 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, 2014 will receive the 2014 reinvested distributions. The actual taxable amounts, including the tax characteristics, will be reported in early 2015.

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 Discount Bond Index ETF		ZDB	0.179760
BMO Ultra Short-Term Bond ETF		ZST	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	0.250000
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	0.025626
BMO Long Corporate Bond Index ETF		ZLC	0.000000
BMO Short-Term US IG Corporate Bond Hedged to CAD Index ETF		ZSU	0.000000
BMO Mid-Term US IG Corporate Bond Index ETF		ZIC	0.037895
BMO Mid-Term US IG Corporate Bond Index ETF (US Dollar Units)		ZIC.U	0.026885
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 Floating Rate High Yield ETF		ZFH	0.000000
BMO Equity Linked Corporate Bond ETF		ZEL	0.000000
BMO 2015 Corporate Bond Target Maturity ETF		ZXB	0.000000
BMO 2020 Corporate Bond Target Maturity ETF		ZXC	0.172722
BMO 2025 Corporate Bond Target Maturity ETF		ZXD	0.114731
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	0.407706
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 US High Dividend Covered Call ETF		ZWH	0.000000
BMO S&P/TSX Capped Composite Index ETF		ZCN	0.146451
BMO Canadian Dividend ETF		ZDV	0.050081
BMO Low Volatility Canadian Equity ETF		ZLB	0.628834
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	0.034120
BMO S&P 500 Hedged to CAD Index ETF		ZUE	0.000000
BMO MSCI USA High Quality Index ETF		ZUQ	0.022402
BMO US Dividend ETF		ZDY	0.311679
BMO US Dividend ETF (US Dollar Units)		ZDY.U	0.370130
BMO US Dividend Hedged to CAD ETF		ZUD	0.000000
BMO Low Volatility US Equity ETF		ZLU	0.126373
BMO Low Volatility US Equity ETF (US Dollar Units)		ZLU.U	0.148598
BMO MSCI EAFE Index ETF		ZEA	0.042103
BMO MSCI EAFE Hedged to CAD Index ETF		ZDM	0.082774
BMO International Dividend ETF		ZDI	0.000000
BMO MSCI Europe High Quality Hedged to CAD Index ETF		ZEQ	0.587076
BMO MSCI Emerging Markets Index ETF		ZEM	0.000000
BMO MSCI All Country World High Quality Index ETF		ZGQ	0.050647
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	0.000000
BMO S&P/TSX Equal Weight Oil & Gas Index ETF		ZEO	0.030850
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	0.629271
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	0.435916
BMO Equal Weight U.S. Banks Index ETF		ZBK	0.000000
BMO Equal Weight U.S. Banks Hedged to CAD Index ETF		ZUB	0.000000
BMO Global Infrastructure Index ETF		ZGI	0.681303
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	0.070906
BMO Junior Gas Index ETF		ZJN	0.197118

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® and S&P500® are registered trademarks 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, ZUE, ZCN, ZEO, ZSP, ZSP.U, ZIN, ZWA, ZDJ, ZMT, ZGD 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.

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 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 total assets of $589 billion and more than 46,000 employees at October 31, 2014.