News Releases

TORONTO, ONTARIO--(Marketwired - Dec. 17, 2014) - BMO Asset Management Inc. today announced the December 2014 cash distributions for certain BMO Exchange Traded Funds (ETFs)* that distribute either monthly, quarterly, or annually. Unitholders of record of the BMO ETFs at the close of business on December 30, 2014 will receive cash distributions payable on January 7, 2015.

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		0.025
BMO Mid Federal Bond Index ETF	ZFM		0.035
BMO Long Federal Bond Index ETF	ZFL		0.047
BMO Short Provincial Bond Index ETF	ZPS		0.036
BMO Mid Provincial Bond Index ETF	ZMP		0.042
BMO Long Provincial Bond Index ETF	ZPL		0.058
BMO Short Corporate Bond Index ETF	ZCS		0.043
BMO Mid Corporate Bond Index ETF	ZCM		0.048
BMO Long Corporate Bond Index ETF	ZLC		0.125
BMO Aggregate Bond Index ETF	ZAG		0.054
BMO Discount Bond Index ETF	ZDB		0.027
BMO Real Return Bond Index ETF	ZRR		0.051
BMO Floating Rate High Yield ETF	ZFH		0.053
BMO High Yield US Corporate Bond Hedged to CAD Index ETF	ZHY		0.100
BMO Emerging Markets Bond Hedged to CAD Index ETF	ZEF		0.123
BMO Mid-Term US IG Corporate Bond Index ETF	ZIC		0.046
BMO Mid-Term US IG Corporate Bond Index ETF (U.S. Dollar Units)	ZIC.U		0.042
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		0.043
BMO Ultra Short-Term Bond ETF	ZST		0.162
BMO 2015 Corporate Bond Target Maturity ETF	ZXB		0.039
BMO 2020 Corporate Bond Target Maturity ETF	ZXC		0.047
BMO 2025 Corporate Bond Target Maturity ETF	ZXD		0.058
BMO S&P/TSX Equal Weight Banks Index ETF	ZEB		0.062
BMO Equal Weight Utilities Index ETF	ZUT		0.052
BMO Equal Weight REITs Index ETF	ZRE		0.083
BMO Monthly Income ETF	ZMI		0.053
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		0.073
BMO US High Dividend Covered Call ETF	ZWH		0.080
BMO Canadian Dividend ETF	ZDV		0.062
BMO S&P/TSX Laddered Preferred Share Index ETF	ZPR		0.048
BMO US Dividend Hedged to CAD ETF	ZUD		0.107
BMO US Dividend ETF	ZDY		0.120
BMO US Dividend ETF (U.S. Dollar Units)	ZDY.U		0.110
BMO International Dividend ETF	ZDI		0.067
BMO ETFs with Quarterly Distributions:
BMO S&P/TSX Capped Composite Index ETF	ZCN		0.145
BMO S&P 500 Hedged to CAD Index ETF	ZUE		0.189
BMO Dow Jones Industrial Average Hedged to CAD Index ETF	ZDJ		0.160
BMO S&P/TSX Equal Weight Oil & Gas Index ETF	ZEO		0.123
BMO MSCI EAFE Hedged to CAD Index ETF	ZDM		0.300
BMO MSCI EAFE Index ETF	ZEA		0.090
BMO MSCI Europe High Quality Hedged to CAD ETF	ZEQ		0.090
BMO Global Infrastructure Index ETF	ZGI		0.165
BMO Equal Weight U.S. Banks Hedged to CAD Index ETF	ZUB		0.114
BMO Equal Weight U.S. Banks Index ETF	ZBK		0.045
BMO Low Volatility Canadian Equity ETF	ZLB		0.125
BMO S&P 500 Index ETF	ZSP		0.140
BMO S&P 500 Index ETF (U.S. Dollar Units)	ZSP.U		0.140
BMO S&P/TSX Equal Weight Industrials Index ETF	ZIN		0.100
BMO Low Volatility US Equity ETF	ZLU		0.082
BMO Low Volatility US Equity ETF (U.S. Dollar Units)	ZLU.U		0.078
BMO Equity Linked Corporate Bond ETF	ZEL		0.045
BMO MSCI USA High Quality Index ETF	ZUQ		0.040
BMO MSCI All Country World High Quality Index ETF	ZGQ		0.040
BMO ETFs with Annual Distributions:
BMO MSCI Emerging Markets Index ETF	ZEM		0.285
BMO China Equity Index ETF	ZCH		0.165
BMO India Equity Index ETF	ZID		0.039
BMO NASDAQ 100 Equity Hedged to CAD Index ETF	ZQQ		0.465
BMO Equal Weight U.S. Health Care Hedged to CAD Index ETF	ZUH		0.110
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		0.025
BMO Junior Gold Index ETF	ZJG		0.000
BMO Junior Oil Index ETF	ZJO		0.165
BMO Junior Gas Index ETF	ZJN		0.155

*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.