News Releases

TORONTO, ONTARIO--(Marketwired - May 19, 2016) - BMO Asset Management Inc. (BMO AM) today announced changes to the underlying indices of:

• BMO Equal Weight Utilities Index ETF (Ticker: ZUT)
• BMO Equal Weight REITs Index ETF (Ticker: ZRE)
• BMO Equal Weight US Health Care Hedged to CAD Index ETF (Ticker: ZUH)

Effective on or about May 27, 2016, ZUT will start tracking the Solactive Equal Weight Canada Utilities Index, ZRE will start tracking the Solactive Equal Weight Canada REIT Index and ZUH will start tracking the performance of the Solactive Equal Weight US Health Care Index Canadian Dollar Hedged.

Currently, ZUT tracks the performance of the Dow Jones Canada Select Equal Weight Utilities Index, ZRE tracks the performance of the Dow Jones Canada Select Equal Weight REIT Index and ZUH tracks the performance of the Dow Jones U.S. Large-Cap Health Care Equal Weight Total Stock Market Index Canadian Dollar Hedged.

An amendment to the offering documents of ZUT, ZRE and ZUH has been filed with the securities regulatory authorities, for which a receipt has been issued.

The Solactive Equal Weight Canada Utilities Index, Solactive Equal Weight Canada REIT Index and Solactive Equal Weight US Health Care Index Canadian Dollar Hedged will seek to provide investors with the same exposure to the asset class to which ZUT, ZRE and ZUH, respectively, are currently exposed. The changes to the indices align with the current investment objectives and strategies of ZUT, ZRE and ZUH. Additionally, the frequency of rebalancing for the indices remains the same.

Since its creation in 2007, Solactive AG has become one of the key players in the indexing space. Solactive AG currently calculates indices for 250 clients in Europe, North America and Asia with approximately USD$50 billion invested in products linked to its indices.

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

Get the latest BMO news releases via Twitter by following @BMOmedia.

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 Dow Jones Canada Select Equal Weight Utilities Index, the Dow Jones Canada Select Equal Weight REIT Index and Dow Jones U.S. Large-Cap Health Care Equal Weight Total Stock Market Index Canadian Dollar Hedged are products of S&P Dow Jones Indices LLC and have been licensed for use by BMO Asset Management Inc. Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"), and has been licensed to S&P Dow Jones Indices LLC and sublicensed for use by BMO Asset Management Inc. in connection with ZUT, ZRE and ZUH. ZUT, ZRE and ZUH are not sponsored, endorsed, sold, or promoted by S&P Dow Jones Indices LLC, Dow Jones, or their respective affiliates, and S&P Dow Jones Indices LLC, Dow Jones, and their respective affiliates make no representation regarding the advisability of trading or investing in such a fund.

ZUT, ZRE and ZUH are not sponsored, promoted, sold or supported in any other manner by Solactive AG nor does Solactive AG offer any express or implicit guarantee or assurance either with regard to the results of using the Index and/or Index trademark or the Index Price at any time or in any other respect.

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, BMO Financial Group is a highly diversified financial services provider based in North America. With total assets of $699 billion as of January 31, 2016, and close to 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.