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BMO Global Asset Management Announces Estimated Annual Reinvested Distributions for BMO Exchange Traded Funds and ETF Series

TORONTO, Nov. 16, 2018 /CNW/ - BMO Asset Management Inc. and BMO Investments Inc. today announced the estimated 2018 annual reinvested distributions for BMO Exchange Traded Funds (BMO ETFs) and ETF Series of the BMO Mutual Funds (ETF Series)1. These annual reinvested distributions generally represent realized capital gains and special income within the BMO ETFs and ETF Series, and are paid to unitholders, as required, to ensure that the BMO ETFs and ETF Series are not liable for ordinary income tax.

Unitholders of record at close of business on December 28, 2018, will receive the 2018 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, 2018. The actual taxable amounts, including the tax characteristics, will be reported in 2019.

Please note that these are estimated annual reinvested distributions only and have been calculated based upon forward-looking information as of October 31, 20182. 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

BMO Discount Bond Index ETF

ZDB

0

BMO Ultra Short-Term Bond ETF

ZST

0

BMO Ultra Short-Term Bond ETF (Accumulating Units)

ZST.L

0.642

BMO Short Federal Bond Index ETF

ZFS

0

BMO Short Federal Bond Index ETF (Accumulating)

ZFS.L

0.244

BMO Mid Federal Bond Index ETF

ZFM

0

BMO Long Federal Bond Index ETF

ZFL

0

BMO Real Return Bond Index ETF

ZRR

0.293

BMO Short Provincial Bond Index ETF

ZPS

0

BMO Short Provincial Bond Index ETF (Accumulating Units)

ZPS.L

0.543

BMO Mid Provincial Bond Index ETF

ZMP

0

BMO Long Provincial Bond Index ETF

ZPL

0

BMO Short-Term US Treasury Bond Index ETF

ZTS

0

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

ZTS.U

0

BMO Mid-Term US Treasury Bond Index ETF

ZTM

0

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

ZTM.U

0

BMO Long-Term US Treasury Bond Index ETF

ZTL

0

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

ZTL.U

0

BMO Short Corporate Bond Index ETF

ZCS

0

BMO Short Corporate Bond Index ETF (Accumulating Units)

ZCS.L

0.467

BMO Mid Corporate Bond Index ETF

ZCM

0

BMO Long Corporate Bond Index ETF

ZLC

0

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

ZSU

0

BMO Mid-Term US IG Corporate Bond Index ETF

ZIC

0

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

ZIC.U

0

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

ZMU

0

BMO High Yield US Corporate Bond Hedged to CAD Index ETF

ZHY

0

BMO High Yield US Corporate Bond Index ETF

ZJK

0.025

BMO Floating Rate High Yield ETF

ZFH

0.263

BMO Emerging Markets Bond Hedged to CAD Index ETF

ZEF

0

BMO Laddered Preferred Share Index ETF

ZPR

0

BMO US Preferred Share Index ETF

ZUP

0

BMO US Preferred Share Index ETF (US Dollar Units)

ZUP.U

0

BMO US Preferred Share Hedged to CAD Index ETF

ZHP

0

BMO Monthly Income ETF

ZMI

0.176

BMO Canadian High Dividend Covered Call ETF

ZWC

0

BMO Covered Call Canadian Banks ETF

ZWB

0.395

BMO Covered Call Utilities ETF

ZWU

0

BMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF

ZWA

0

BMO US High Dividend Covered Call ETF

ZWH

0

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

ZWH.U

0

BMO Europe High Dividend Covered Call Hedged to CAD ETF

ZWE

0.54

BMO US Put Write ETF

ZPW

0

BMO US Put Write ETF (US Dollar Units)

ZPW.U

0

BMO US Put Write Hedged to CAD ETF

ZPH

0

BMO S&P/TSX Capped Composite Index ETF

ZCN

0.113

BMO Canadian Dividend ETF

ZDV

0

BMO Low Volatility Canadian Equity ETF

ZLB

0.802

BMO MSCI Canada Value Index ETF

ZVC

0.046

BMO Dow Jones Industrial Average Hedged to CAD Index ETF

ZDJ

0

BMO S&P 500 Index ETF

ZSP

0.342

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

ZSP.U

0

BMO S&P 500 Hedged to CAD Index ETF

ZUE

0.018

BMO MSCI USA High Quality Index ETF

ZUQ

0.346

BMO US Dividend ETF

ZDY

1.298

BMO US Dividend ETF (US Dollar Units)

ZDY.U

1.001

BMO US Dividend Hedged to CAD ETF

ZUD

0.586

BMO Low Volatility US Equity ETF

ZLU

0.596

BMO Low Volatility US Equity ETF (US Dollar Units)

ZLU.U

0.501

BMO Low Volatility US Equity Hedged to CAD ETF

ZLH

0

BMO Shiller Select US Index ETF

ZEUS

1.116

BMO MSCI USA Value Index ETF

ZVU

0.335

BMO MSCI EAFE Index ETF

ZEA

0.016

BMO MSCI EAFE Hedged to CAD Index ETF

ZDM

0.717

BMO International Dividend ETF

ZDI

0.138

BMO International Dividend Hedged to CAD ETF

ZDH

0.883

BMO Low Volatility International Equity ETF

ZLI

0.565

BMO Low Volatility International Equity Hedged to CAD ETF

ZLD

1.215

BMO MSCI Europe High Quality Hedged to CAD Index ETF

ZEQ

0.321

BMO MSCI EAFE Value Index ETF

ZVI

0.289

BMO MSCI Emerging Markets Index ETF

ZEM

0.106

BMO Low Volatility Emerging Markets Equity ETF

ZLE

0.125

BMO MSCI All Country World High Quality Index ETF

ZGQ

0.228

BMO China Equity Index ETF

ZCH

1.124

BMO India Equity Index ETF

ZID

1.06

BMO Equal Weight Banks Index ETF

ZEB

0.044

BMO Equal Weight Oil & Gas Index ETF

ZEO

0

BMO Equal Weight Utilities Index ETF

ZUT

0.138

BMO Equal Weight REITs Index ETF

ZRE

0.59

BMO Equal Weight Industrials Index ETF

ZIN

1.146

BMO Nasdaq 100 Equity Hedged to CAD Index ETF

ZQQ

0

BMO Equal Weight US Health Care Hedged to CAD Index ETF

ZUH

2.48

BMO Equal Weight US Banks Index ETF

ZBK

0.879

BMO Equal Weight US Banks Hedged to CAD Index ETF

ZUB

0.426

BMO Global Infrastructure Index ETF

ZGI

0.357

BMO Equal Weight Global Base Metals Hedged to CAD Index ETF

ZMT

0

BMO Equal Weight Global Gold Index ETF

ZGD

0

BMO Global Banks Hedged to CAD Index ETF

BANK

0.077

BMO Global Insurance Hedged to CAD Index ETF

INSR

0.365

BMO Global Consumer Discretionary Hedged to CAD Index ETF

DISC

0.027

BMO Global Consumer Staples Hedged to CAD Index ETF

STPL

0

BMO Junior Gold Index ETF

ZJG

0

BMO Junior Oil Index ETF

ZJO

0

BMO Junior Gas Index ETF

ZJN

0

BMO US High Dividend Covered Call Hedged to CAD ETF

ZWS

0

BMO Europe High Dividend Covered Call ETF

ZWP

0

BMO Short-Term Bond Index ETF

ZSB

0

BMO Government Bond Index ETF

ZGB

0

BMO Corporate Bond Index ETF

ZCB

0

BMO Global Communications Index ETF

COMM

0.057

BMO Core Plus Bond Fund – ETF Series

ZCPB

0

BMO Global Multi-Sector Bond Fund – ETF Series

ZMSB

0.085

BMO Global Strategic Bond Fund – ETF Series

ZGSB

0

BMO Women In Leadership Fund – ETF Series

WOMN

0.597

 

1 BMO ETFs are managed by BMO Asset Management Inc., which is an investment fund manager and a portfolio manager, and a separate legal entity from Bank of Montreal. ETF Series of the BMO Mutual Funds are managed by BMO Investments Inc., which is an investment fund 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.

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 have been licensed to Dow Jones Opco and sublicensed by BMO Asset Management Inc. in connection with ZWA and ZDJ. ZWA and ZDJ are not sponsored, endorsed, sold or promoted by Dow Jones Opco, Dow Jones and their respective affiliates, and they make no representation regarding the advisability of trading or investing in ZWA and ZDJ.

S&P®, S&P/TSX Capped Composite®, S&P 500® are trademarks of Standard & Poor's Financial Services LLC ("S&P"). "TSX" is a trademark of TSX Inc. These trademarks have been licensed for use by S&P Dow Jones Indices LLC and sublicensed to BMO Asset Management Inc. in connection with ZCN, ZUE, ZSP and ZSP.U. These BMO ETFs are not sponsored, endorsed, sold or promoted by S&P Dow Jones LLC, S&P, TSX, or their respective affiliates and S&P Dow Jones Indices LLC, S&P, TSX and their affiliates make no representation regarding the advisability of trading or investing in such BMO ETFs.

The BMO ETFs or securities referred to herein are not sponsored, endorsed or promoted by MSCI Inc. ("MSCI"), and MSCI bears no liability with respect to any such BMO ETFs or securities or any index on which such BMO ETFs or securities are based. The prospectus of the BMO ETFs contains a more detailed description of the limited relationship MSCI has with BMO Asset Management Inc. and any related BMO ETFs.

Shiller Barclays CAPE® US Single Stock Index is the intellectual property of Barclays Bank PLC and has been licensed for use in connection with 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 make any representations or warranties to holders of ZEUS or any member of the public regarding the advisability of investing in 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.

®/™Registered trade-marks/trade-mark of Bank of Montreal, used under licence.

BMO Global Asset Management is a brand name that comprises BMO Asset Management Inc., BMO Investments Inc., BMO Asset Management Corp. and BMO's specialized investment management firms. Commissions, management fees and expenses all may be associated with investments in BMO ETFs and ETF Series of the BMO Mutual Funds.  Please read the ETF Facts or prospectus of the relevant BMO ETF or ETF Series before investing.  BMO ETFs and ETF Series are not guaranteed, their values change frequently and past performance may not be repeated.

For a summary of the risks of an investment in the BMO ETFs or ETF Series of the BMO Mutual Funds, please see the specific risks set out in the prospectus.  BMO ETFs and ETF Series trade like stocks, fluctuate in market value and may trade at a discount to their net asset value, which may increase the risk of loss.  Distributions are not guaranteed and are subject to change and/or elimination.

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 and ETF Series of the BMO Mutual Funds provide Canadian investors with broader choices and greater access to an innovative portfolio of investment products.

About BMO Financial Group
Serving customers for 200 years and counting, BMO is a highly diversified financial services provider - the 8th largest bank, by assets, in North America. With total assets of $765 billion as of July 31, 2018, and a team of diverse and highly engaged 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, BMO Wealth Management and BMO Capital Markets.

SOURCE BMO Financial Group

For further information: Media Contacts: Amanda Robinson, Toronto, amanda.robinson@bmo.com, (416) 867-3996; Valérie Doucet, Montreal, valerie.doucet@bmo.com, (514) 877-8224

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