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

    TORONTO, Nov. 15, 2019 /CNW/ - BMO Asset Management Inc. and BMO Investments Inc. today announced the estimated 2019 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 30, 2019, will receive the 2019 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, 2019. The actual taxable amounts, including the tax characteristics, will be reported in 2020.

    Please note that these are estimated annual reinvested distributions only and have been calculated based upon forward-looking information as of October 31, 20192. 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

    0.000

    BMO Discount Bond Index ETF

    ZDB

    0.169

    BMO Short-Term Bond Index ETF

    ZSB

    0.026

    BMO Core Plus Bond Fund – ETF Series

    ZCPB

    0.000

    BMO Global Multi-Sector Bond Fund – ETF Series

    ZMSB

    0.692

    BMO Global Strategic Bond Fund – ETF Series

    ZGSB

    1.300

    BMO Ultra Short-Term Bond ETF

    ZST

    0.000

    BMO Ultra Short-Term Bond ETF (Accumulating Units)

    ZST.L

    0.860

    BMO Ultra Short-Term US Bond ETF (US Dollar Units)

    ZUS.U

    0.000

    BMO Ultra Short-Term US Bond ETF (US Dollar Accumulating Units)

    ZUS.V

    0.959

    BMO Government Bond Index ETF

    ZGB

    0.095

    BMO Short Federal Bond Index ETF

    ZFS

    0.000

    BMO Short Federal Bond Index ETF (Accumulating)

    ZFS.L

    0.282

    BMO Mid Federal Bond Index ETF

    ZFM

    0.000

    BMO Long Federal Bond Index ETF

    ZFL

    0.023

    BMO Real Return Bond Index ETF

    ZRR

    0.250

    BMO Short Provincial Bond Index ETF

    ZPS

    0.000

    BMO Short Provincial Bond Index ETF (Accumulating Units)

    ZPS.L

    0.627

    BMO Mid Provincial Bond Index ETF

    ZMP

    0.000

    BMO Long Provincial Bond Index ETF

    ZPL

    0.000

    BMO Short-Term US Treasury Bond Index ETF

    ZTS

    0.396

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

    ZTS.U

    0.004

    BMO Mid-Term US Treasury Bond Index ETF

    ZTM

    0.000

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

    ZTM.U

    0.000

    BMO Long-Term US Treasury Bond Index ETF

    ZTL

    0.000

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

    ZTL.U

    0.000

    BMO Corporate Bond Index ETF

    ZCB

    0.000

    BMO Short Corporate Bond Index ETF

    ZCS

    0.000

    BMO Short Corporate Bond Index ETF (Accumulating Units)

    ZCS.L

    0.520

    BMO Mid Corporate Bond Index ETF

    ZCM

    0.000

    BMO Long Corporate Bond Index ETF

    ZLC

    0.000

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

    ZSU

    0.000

    BMO Mid-Term US IG Corporate Bond Index ETF

    ZIC

    0.236

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

    ZIC.U

    0.022

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

    ZMU

    0.000

    BMO High Yield US Corporate Bond Hedged to CAD Index ETF

    ZHY

    0.000

    BMO High Yield US Corporate Bond Index ETF

    ZJK

    0.000

    BMO Floating Rate High Yield ETF

    ZFH

    0.000

    BMO Emerging Markets Bond Hedged to CAD Index ETF

    ZEF

    0.000

    BMO Laddered Preferred Share Index ETF

    ZPR

    0.000

    BMO US Preferred Share Index ETF

    ZUP

    0.000

    BMO US Preferred Share Index ETF (US Dollar Units)

    ZUP.U

    0.000

    BMO US Preferred Share Hedged to CAD Index ETF

    ZHP

    0.000

    BMO Conservative ETF

    ZCON

    0.020

    BMO Balanced ETF

    ZBAL

    0.018

    BMO Growth ETF

    ZGRO

    0.000

    BMO Monthly Income ETF

    ZMI

    0.174

    BMO Canadian High Dividend Covered Call ETF

    ZWC

    0.000

    BMO Covered Call Canadian Banks ETF

    ZWB

    0.000

    BMO Covered Call US Banks ETF

    ZWK

    0.781

    BMO Covered Call Utilities ETF

    ZWU

    0.007

    BMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF

    ZWA

    0.762

    BMO US High Dividend Covered Call ETF

    ZWH

    0.552

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

    ZWH.U

    0.523

    BMO US High Dividend Covered Call Hedged to CAD ETF

    ZWS

    0.262

    BMO Europe High Dividend Covered Call ETF

    ZWP

    0.000

    BMO Europe High Dividend Covered Call Hedged to CAD ETF

    ZWE

    0.896

    BMO US Put Write ETF

    ZPW

    0.000

    BMO US Put Write ETF (US Dollar Units)

    ZPW.U

    0.000

    BMO US Put Write Hedged to CAD ETF

    ZPH

    0.000

    BMO S&P/TSX Capped Composite Index ETF

    ZCN

    0.000

    BMO Canadian Dividend ETF

    ZDV

    0.000

    BMO Low Volatility Canadian Equity ETF

    ZLB

    0.357

    BMO MSCI Canada Value Index ETF

    ZVC

    0.000

    BMO Dow Jones Industrial Average Hedged to CAD Index ETF

    ZDJ

    0.065

    BMO S&P 500 Index ETF

    ZSP

    0.000

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

    ZSP.U

    0.000

    BMO Nasdaq 100 Equity Index ETF

    ZNQ

    0.000

    BMO Nasdaq 100 Equity Hedged to CAD Index ETF

    ZQQ

    0.388

    BMO S&P 500 Hedged to CAD Index ETF

    ZUE

    0.000

    BMO MSCI USA High Quality Index ETF

    ZUQ

    0.391

    BMO US Dividend ETF

    ZDY

    1.083

    BMO US Dividend ETF (US Dollar Units)

    ZDY.U

    0.247

    BMO US Dividend Hedged to CAD ETF

    ZUD

    0.506

    BMO Low Volatility US Equity ETF

    ZLU

    0.413

    BMO Low Volatility US Equity ETF (US Dollar Units)

    ZLU.U

    0.655

    BMO Low Volatility US Equity Hedged to CAD ETF

    ZLH

    0.000

    BMO MSCI USA Value Index ETF

    ZVU

    0.203

    BMO SIA Focused Canadian Equity Fund - ETF Series

    ZFC

    0.111

    BMO SIA Focused North American Equity Fund - ETF Series

    ZFN

    0.000

    BMO Tactical Dividend ETF Fund – ETF Series

    ZZZD

    0.118

    BMO Women In Leadership Fund – ETF Series

    WOMN

    0.000

    BMO MSCI EAFE Index ETF

    ZEA

    0.000

    BMO MSCI EAFE Hedged to CAD Index ETF

    ZDM

    0.607

    BMO International Dividend ETF

    ZDI

    0.000

    BMO International Dividend Hedged to CAD ETF

    ZDH

    0.731

    BMO Low Volatility International Equity ETF

    ZLI

    0.322

    BMO Low Volatility International Equity Hedged to CAD ETF

    ZLD

    1.040

    BMO MSCI Europe High Quality Hedged to CAD Index ETF

    ZEQ

    0.654

    BMO MSCI EAFE Value Index ETF

    ZVI

    0.000

    BMO MSCI Emerging Markets Index ETF

    ZEM

    0.123

    BMO Low Volatility Emerging Markets Equity ETF

    ZLE

    0.000

    BMO MSCI All Country World High Quality Index ETF

    ZGQ

    0.091

    BMO China Equity Index ETF

    ZCH

    0.000

    BMO India Equity Index ETF

    ZID

    0.000

    BMO Equal Weight Banks Index ETF

    ZEB

    0.148

    BMO Equal Weight Oil & Gas Index ETF

    ZEO

    0.000

    BMO Equal Weight Utilities Index ETF

    ZUT

    0.000

    BMO Equal Weight REITs Index ETF

    ZRE

    0.779

    BMO Equal Weight Industrials Index ETF

    ZIN

    0.051

    BMO Equal Weight US Health Care Index ETF

    ZHU

    0.000

    BMO Equal Weight US Health Care Hedged to CAD Index ETF

    ZUH

    0.000

    BMO Equal Weight US Banks Index ETF

    ZBK

    0.000

    BMO Equal Weight US Banks Hedged to CAD Index ETF

    ZUB

    0.000

    BMO Global Infrastructure Index ETF

    ZGI

    0.000

    BMO Equal Weight Global Base Metals Hedged to CAD Index ETF

    ZMT

    0.000

    BMO Equal Weight Global Gold Index ETF

    ZGD

    0.763

    BMO Global Consumer Discretionary Hedged to CAD Index ETF

    DISC

    0.000

    BMO Global Consumer Staples Hedged to CAD Index ETF

    STPL

    0.373

    BMO Global Communications Index ETF

    COMM

    0.240

    BMO Junior Gold Index ETF

    ZJG

    0.000

    BMO Junior Oil Index ETF

    ZJO

    0.000

    BMO Junior Gas Index ETF

    ZJN

    0.000

     

    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.

    NASDAQ®, and NASDAQ-100 Index® Hedged to CAD, are registered trademarks of Nasdaq, Inc. (which with its affiliates is referred to as the "Corporations") and are licensed for use by BMO Asset Management Inc. BMO Nasdaq 100 Equity Hedged to CAD Index ETF has not been passed on by the Corporations as to their 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 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.

    ®/™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., BMO Asset Management Limited and BMO's specialized investment management firms.

    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.

    Commissions, management fees and expenses (if applicable) 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 ETFs' 10 Years of Leadership
    Celebrating its tenth year, BMO Financial Group's ETF business is a leading ETF provider in Canada. Today it offers 82 mandates and has a market share of 31 per cent in Canada. BMO ETFs are designed to stay ahead of market trends and provide compelling solutions to help advisors and investors. This includes a comprehensive suite of ETFs developed in Canada for Canadians, such as cost effective core equity ETFs following market leading indexes, and a broad range of fixed income ETFs; solution-based ETFs responding to client demand; and innovation with smart beta ETFs, as well as combining active and passive investing with ETF series of award-winning active mutual funds.

    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 $839 billion as of July 31, 2019, 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: Orli Giroux Namian, Toronto, orli.girouxnamian@bmo.com, (416) 867-3996; Marie-Catherine Noël, Montreal, mariecatherine.noel@bmo.com, (514) 877-8224; 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