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BMO Asset Management Inc. Announces Estimated Annual Reinvested Distributions for BMO Exchange Traded Funds

TORONTO, Nov. 21, 2017 /CNW/ - BMO Asset Management Inc. ("BMO AM") today announced the estimated 2017 annual reinvested distributions for BMO Exchange Traded Funds (ETFs) 1. These annual reinvested distributions generally represent realized capital gains and special income within the ETFs, and are paid to unitholders, as required, to ensure that the BMO ETFs are not liable for ordinary income tax.

Unitholders of record at close of business on December 28, 2017, will receive the 2017 annual reinvested distributions. The final year-end distribution amounts, as well as the ongoing cash distribution amounts, are expected to be announced on December 18, 2017. The actual taxable amounts, including the tax characteristics, will be reported in 2018.

Please note that these are estimated annual reinvested distributions only and have been calculated based upon forward-looking information as of November 3, 20172. If the forward-looking information changes, the estimated annual reinvested distributions may also change. These estimates are for the annual reinvested distributions only and do not include estimates of ongoing cash distribution amounts.

Details of the per-unit estimated annual reinvested distribution amounts are as follows:

BMO ETFs

Ticker

Estimated
Reinvested
Distribution
($)

BMO Aggregate Bond Index ETF

ZAG

0.0360

BMO Discount Bond Index ETF

ZDB

0.0000

BMO Ultra Short-Term Bond ETF

ZST

0.0000

BMO Ultra Short-Term Bond ETF (Accumulating Units)

ZST.L

0.8549

BMO Short Federal Bond Index ETF

ZFS

0.0000

BMO Short Federal Bond Index ETF (Accumulating)

ZFS.L

0.1342

BMO Mid Federal Bond Index ETF

ZFM

0.0000

BMO Long Federal Bond Index ETF

ZFL

0.2600

BMO Real Return Bond Index ETF

ZRR

0.1540

BMO Short Provincial Bond Index ETF

ZPS

0.0000

BMO Short Provincial Bond Index ETF (Accumulating Units)

ZPS.L

0.2478

BMO Mid Provincial Bond Index ETF

ZMP

0.0000

BMO Long Provincial Bond Index ETF

ZPL

0.2022

BMO Short-Term US Treasury Bond Index ETF

ZTS

0.0000

BMO Short-Term US Treasury Bond Index ETF (US Dollar Units)

ZTS.U

0.0000

BMO Mid-Term US Treasury Bond Index ETF

ZTM

0.0047

BMO Mid-Term US Treasury Bond Index ETF (US Dollar Units)

ZTM.U

0.0102

BMO Long-Term US Treasury Bond Index ETF

ZTL

0.0000

BMO Long-Term US Treasury Bond Index ETF (US Dollar Units)

ZTL.U

0.0000

BMO Short Corporate Bond Index ETF

ZCS

0.0000

BMO Short Corporate Bond Index ETF (Accumulating Units)

ZCS.L

0.1975

BMO Mid Corporate Bond Index ETF

ZCM

0.0000

BMO Long Corporate Bond Index ETF

ZLC

0.0000

BMO Short-Term US IG Corporate Bond Hedged to CAD Index ETF

ZSU

0.0000

BMO Mid-Term US IG Corporate Bond Index ETF

ZIC

0.3011

BMO Mid-Term US IG Corporate Bond Index ETF (US Dollar Units)

ZIC.U

0.1788

BMO Mid-Term US IG Corporate Bond Hedged to CAD Index ETF

ZMU

0.7224

BMO High Yield US Corporate Bond Hedged to CAD Index ETF

ZHY

0.0000

BMO High Yield US Corporate Bond Index ETF

ZJK

0.0089

BMO Floating Rate High Yield ETF

ZFH

0.3275

BMO Emerging Markets Bond Hedged to CAD Index ETF

ZEF

0.0000

BMO Laddered Preferred Share Index ETF

ZPR

0.0000

BMO US Preferred Share Index ETF

ZUP

0.0000

BMO US Preferred Share Index ETF (US Dollar Units)

ZUP.U

0.0000

BMO US Preferred Share Hedged to CAD Index ETF

ZHP

0.0000

BMO Monthly Income ETF

ZMI

0.2093

BMO Canadian High Dividend Covered Call ETF

ZWC

0.0000

BMO Covered Call Canadian Banks ETF

ZWB

0.1614

BMO Covered Call Utilities ETF

ZWU

0.0000

BMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF

ZWA

0.5732

BMO US High Dividend Covered Call ETF

ZWH

0.1535

BMO US High Dividend Covered Call ETF (US Dollar Units)

ZWH.U

0.4184

BMO Europe High Dividend Covered Call Hedged to CAD ETF

ZWE

0.2564

BMO US Put Write ETF

ZPW

0.0000

BMO US Put Write ETF (US Dollar Units)

ZPW.U

0.0000

BMO US Put Write Hedged to CAD ETF

ZPH

0.4620

BMO S&P/TSX Capped Composite Index ETF

ZCN

0.3132

BMO Canadian Dividend ETF

ZDV

0.0000

BMO Low Volatility Canadian Equity ETF

ZLB

0.3465

BMO MSCI Canada Value Index ETF

ZVC

0.0001

BMO Dow Jones Industrial Average Hedged to CAD Index ETF

ZDJ

2.4744

BMO S&P 500 Index ETF

ZSP

0.0000

BMO S&P 500 Index ETF (US Dollar Units)

ZSP.U

0.0000

BMO S&P 500 Hedged to CAD Index ETF

ZUE

2.5119

BMO MSCI USA High Quality Index ETF

ZUQ

0.5216

BMO US Dividend ETF

ZDY

1.2546

BMO US Dividend ETF (US Dollar Units)

ZDY.U

1.5183

BMO US Dividend Hedged to CAD ETF

ZUD

1.7067

BMO Low Volatility US Equity ETF

ZLU

0.2277

BMO Low Volatility US Equity ETF (US Dollar Units)

ZLU.U

0.8451

BMO Low Volatility US Equity Hedged to CAD ETF

ZLH

0.9241

BMO Shiller Select US Index ETF

ZEUS

0.0000

BMO MSCI USA Value Index ETF

ZVU

0.0000

BMO MSCI EAFE Index ETF

ZEA

0.0940

BMO MSCI EAFE Hedged to CAD Index ETF

ZDM

0.3846

BMO International Dividend ETF

ZDI

0.4186

BMO International Dividend Hedged to CAD ETF

ZDH

0.2214

BMO Low Volatility International Equity ETF

ZLI

0.0000

BMO Low Volatility International Equity Hedged to CAD ETF

ZLD

0.0000

BMO MSCI Europe High Quality Hedged to CAD Index ETF

ZEQ

0.1636

BMO MSCI EAFE Value Index ETF

ZVI

0.0000

BMO MSCI Emerging Markets Index ETF

ZEM

0.1323

BMO Low Volatility Emerging Markets Equity ETF

ZLE

0.0520

BMO MSCI All Country World High Quality Index ETF

ZGQ

0.6764

BMO China Equity Index ETF

ZCH

0.3949

BMO India Equity Index ETF

ZID

0.8135

BMO Equal Weight Banks Index ETF

ZEB

0.0784

BMO Equal Weight Oil & Gas Index ETF

ZEO

0.0000

BMO Equal Weight Utilities Index ETF

ZUT

0.1420

BMO Equal Weight REITs Index ETF

ZRE

0.3032

BMO Equal Weight Industrials Index ETF

ZIN

0.7602

BMO NASDAQ 100 Equity Hedged to CAD Index ETF

ZQQ

2.0553

BMO Equal Weight US Health Care Hedged to CAD Index ETF

ZUH

3.5399

BMO Equal Weight US Banks Index ETF

ZBK

1.0574

BMO Equal Weight US Banks Hedged to CAD Index ETF

ZUB

1.3835

BMO Global Infrastructure Index ETF

ZGI

0.9561

BMO Equal Weight Global Base Metals Hedged to CAD Index ETF

ZMT

0.0000

BMO Equal Weight Global Gold Index ETF

ZGD

0.1199

BMO Global Banks Hedged to CAD Index ETF

BANK

0.3275

BMO Global Insurance Hedged to CAD Index ETF

INSR

0.3021

BMO Global Consumer Discretionary Hedged to CAD Index ETF

DISC

0.7435

BMO Global Consumer Staples Hedged to CAD Index ETF

STPL

0.6102

BMO Junior Gold Index ETF

ZJG

0.0000

BMO Junior Oil Index ETF

ZJO

0.0000

BMO Junior Gas Index ETF

ZJN

0.0000

 

1 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.

2 Forward-looking information: This notice contains forward-looking statements with respect to the estimated annual distributions for the ETFs. By their nature, these forward-looking statements involve risks and uncertainties that could cause the actual distributions to differ materially from those contemplated by the forward-looking statements. Material factors that could cause the actual distributions to differ from the estimated distributions include, but are not limited to: the actual amounts of distributions received by the ETFs; portfolio transactions; and subscription and redemption activity.

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 ZCN, ZUE, ZSP, and ZSP.U BMO ETFs are products of 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).

Shiller Barclays CAPE® Single Stock Index is the intellectual property of Barclays Bank PLC and has been licensed for use in connection with BMO Shiller Select US Index ETF (ZEUS). ZEUS is not sponsored, endorsed, sold or promoted by Barclays Bank PLC or any of its affiliates. Neither Barclays Bank PLC nor any of its affiliates makes any representations or warranties to holders of the ZEUS or any member of the public regarding the advisability of investing in the ZEUS.

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.

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 $709 billion as of July 31, 2017, and more than 45,000 employees, BMO provides a broad range of personal and commercial 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.

SOURCE BMO Financial Group

For further information: Media Contacts: Alicia Skrinjar, Toronto, alicia.skrinjar@bmo.com, (416) 867-3996; Valérie Doucet, Montreal, valerie.doucet@bmo.com, (514) 877-8224