News Releases

TORONTO, ONTARIO--(Marketwired - May 29, 2015) - BMO Asset Management Inc. (the "Manager"), the manager of BMO 2015 Corporate Bond Target Maturity ETF, BMO 2020 Corporate Bond Target Maturity ETF, and BMO 2025 Corporate Bond Target Maturity ETF (the "Funds") announced that it has decided to terminate the Funds on or about August 7, 2015 (the "Termination Date").

Pursuant to the declaration of trust governing the Funds, the Manager may terminate the Funds on not fewer than 60 days' notice to unitholders.

Effective today, no further direct subscriptions for units of the Funds will be accepted by the Manager. The rights of unitholders of the Funds to exchange or redeem units of the Funds will cease as and from the Termination Date. All units of the Funds held by investors after such date will be subject to a mandatory redemption as of the Termination Date.

On or about the Termination Date, the Manager will convert the Funds' portfolios to cash, to the extent practicable. Upon the Termination Date, each Fund's property remaining after paying or providing for the relevant Fund's liabilities and obligations will be distributed pro rata among the Funds' respective unitholders based on the net asset value per unit of the Fund that is held by such unitholders.

The Manager will request the TSX to de-list units of the Funds from the Toronto Stock Exchange (the "TSX") on or about August 4, 2015. Until such date, units of the Funds will continue to be listed on the TSX.

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.

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

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About BMO ETFs

Since its inception in June 2009, BMO GAM's ETF business has grown to 62 funds; each offers numerous benefits to investors, including transparency, lower costs and tax efficiencies, while covering a number of diverse asset classes, sectors and regions.

About BMO Financial Group

Established in 1817, BMO Financial Group is a highly diversified financial services provider based in North America. With total assets of approximately $633 billion as of April 30, 2015, and more than 47,000 employees, BMO provides a broad range of retail banking, wealth management and investment banking products and services to more than 12 million customers and conducts business through three operating groups: Personal and Commercial Banking, Wealth Management and BMO Capital Markets.