News Releases

TORONTO, ONTARIO--(Marketwired - Sept. 20, 2016) - BMO Asset Management Inc. ("BMO AM") today announced the September 2016 cash distributions for certain BMO Exchange Traded Funds (ETFs)* that distribute monthly or quarterly. Unitholders of record of the BMO ETFs at the close of business on September 29, 2016, will receive cash distributions payable on October 6, 2016.

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	0.020
BMO Mid Federal Bond Index ETF	ZFM	0.029
BMO Long Federal Bond Index ETF	ZFL	0.043
BMO Short Provincial Bond Index ETF	ZPS	0.036
BMO Mid Provincial Bond Index ETF	ZMP	0.037
BMO Long Provincial Bond Index ETF	ZPL	0.044
BMO Short Corporate Bond Index ETF	ZCS	0.038
BMO Mid Corporate Bond Index ETF	ZCM	0.041
BMO Long Corporate Bond Index ETF	ZLC	0.063
BMO Aggregate Bond Index ETF	ZAG	0.040
BMO Discount Bond Index ETF	ZDB	0.027
BMO Real Return Bond Index ETF	ZRR	0.024
BMO Floating Rate High Yield ETF	ZFH	0.060
BMO High Yield US Corporate Bond Hedged to CAD Index ETF	ZHY	0.068
BMO Emerging Markets Bond Hedged to CAD Index ETF	ZEF	0.064
BMO Mid-Term US IG Corporate Bond Index ETF	ZIC	0.051
BMO Mid-Term US IG Corporate Bond Index ETF (U.S. Dollar Units)	ZIC.U	0.040
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	0.041
BMO Ultra Short-Term Bond ETF	ZST	0.170
BMO S&P/TSX Equal Weight Banks Index ETF	ZEB	0.072
BMO Equal Weight Utilities Index ETF	ZUT	0.055
BMO Equal Weight REITs Index ETF	ZRE	0.088
BMO Monthly Income ETF	ZMI	0.056
BMO Covered Call Canadian Banks ETF	ZWB	0.078
BMO Covered Call Utilities ETF	ZWU	0.078
BMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF	ZWA	0.081
BMO US High Dividend Covered Call ETF	ZWH	0.095
BMO US High Dividend Covered Call ETF (U.S. Dollar Units)	ZWH.U	0.100
BMO Canadian Dividend ETF	ZDV	0.060
BMO Laddered Preferred Share Index ETF	ZPR	0.043
BMO US Dividend Hedged to CAD ETF	ZUD	0.048
BMO US Dividend ETF	ZDY	0.062
BMO US Dividend ETF (U.S. Dollar Units)	ZDY.U	0.048
BMO International Dividend ETF	ZDI	0.080
BMO US Put Write ETF	ZPW	0.115
BMO US Put Write ETF (U.S. Dollar Units)	ZPW.U	0.115
BMO International Dividend Hedged to CAD ETF	ZDH	0.081
BMO Europe High Dividend Covered Call Hedged to CAD ETF	ZWE	0.120
BMO ETFs with Quarterly Distributions:
BMO S&P/TSX Capped Composite Index ETF	ZCN	0.140
BMO S&P 500 Hedged to CAD Index ETF	ZUE	0.140
BMO Dow Jones Industrial Average Hedged to CAD Index ETF	ZDJ	0.150
BMO S&P/TSX Equal Weight Oil & Gas Index ETF	ZEO	0.070
BMO MSCI EAFE Hedged to CAD Index ETF	ZDM	0.133
BMO MSCI EAFE Index ETF	ZEA	0.120
BMO MSCI Europe High Quality Hedged to CAD Index ETF	ZEQ	0.090
BMO Global Infrastructure Index ETF	ZGI	0.220
BMO Equal Weight US Banks Hedged to CAD Index ETF	ZUB	0.080
BMO Equal Weight US Banks Index ETF	ZBK	0.075
BMO Low Volatility Canadian Equity ETF	ZLB	0.170
BMO S&P 500 Index ETF	ZSP	0.130
BMO S&P 500 Index ETF (U.S. Dollar Units)	ZSP.U	0.100
BMO S&P/TSX Equal Weight Industrials Index ETF	ZIN	0.080
BMO Low Volatility US Equity ETF	ZLU	0.145
BMO Low Volatility US Equity ETF (U.S. Dollar Units)	ZLU.U	0.115
BMO Equity Linked Corporate Bond ETF	ZEL	0.045
BMO MSCI USA High Quality Index ETF	ZUQ	0.080
BMO MSCI All Country World High Quality Index ETF	ZGQ	0.070
BMO Low Volatility International Equity ETF	ZLI	0.100
BMO Low Volatility International Equity Hedged to CAD ETF	ZLD	0.100
BMO Low Volatility US Equity Hedged to CAD ETF	ZLH	0.110

*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® S&P 500® and S&P/TSX Capped Composite™ are 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 index underlying the ZEB, ZUT, ZRE, ZCN, ZEO, ZUE, ZSP, ZSP.U, and ZIN BMO ETFs are products S&P Dow Jones Indices LLC and has been licensed for use by BMO Asset Management Inc. The BMO ETF is not 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 Dow Jones Industrial Average Index CAD Hedged is a product of Dow Jones Opco, LLC ("Dow Jones Opco"), a subsidiary of S&P Dow Jones Indices LLC and has been licensed for use. "Dow Jones® "and Industrial Average Index CAD Hedged are service marks of Dow Jones Trademark Holdings, LLC ("Dow Jones"), and has been licensed to Dow Jones Opco and sublicensed by BMO Asset Management Inc. in connection with ZWA and ZDJ. ZWA and ZDJ is not sponsored, endorsed, sold, or promoted by Dow Jones Opco, Dow Jones, and their respective affiliates, make no representation regarding the advisability of trading or investing in such a product(s).

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.

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, BMO Financial Group is a highly diversified financial services provider based in North America. With total assets of $681 billion as of April 30, 2016, and over 45,000 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.