BMO Global Asset Management Announces Estimated Annual Reinvested Distributions for BMO Exchange Traded Funds and ETF Series
TORONTO, Nov. 16, 2021 /CNW/ - BMO Asset Management Inc. and BMO Investments Inc. today announced the estimated 2021 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, 2021 will receive the 2021 annual reinvested distributions. The final year-end distribution amounts, as well as the ongoing cash distribution amounts, are expected to be announced on December 20, 2021. The actual taxable amounts, including the tax characteristics, will be reported in 2022.
Please note that these are estimated annual reinvested distributions only and have been calculated based upon forward-looking information as of October 22, 20212. 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 Balanced ESG ETF
|
ZESG
|
0.172
|
BMO Balanced ETF
|
ZBAL
|
0.415
|
BMO BBB Corporate Bond Index ETF
|
ZBBB
|
0.000
|
BMO Canadian Dividend ETF
|
ZDV
|
0.000
|
BMO Canadian High Dividend Covered Call ETF
|
ZWC
|
0.000
|
BMO Canadian MBS Index ETF
|
ZMBS
|
0.000
|
BMO China Equity Index ETF
|
ZCH
|
0.000
|
BMO Clean Energy Index ETF
|
ZCLN
|
0.000
|
BMO Conservative ETF
|
ZCON
|
0.324
|
BMO Core Plus Bond Fund ETF Series
|
ZCPB
|
0.000
|
BMO Corporate Bond Index ETF
|
ZCB
|
0.000
|
BMO Covered Call Canadian Banks ETF
|
ZWB
|
0.000
|
BMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF
|
ZWA
|
1.340
|
BMO Covered Call Technology ETF
|
ZWT
|
0.000
|
BMO Covered Call US Banks ETF
|
ZWK
|
0.000
|
BMO Covered Call Utilities ETF
|
ZWU
|
0.000
|
BMO Discount Bond Index ETF
|
ZDB
|
0.018
|
BMO Dow Jones Industrial Average Hedged to CAD Index ETF
|
ZDJ
|
1.103
|
BMO Emerging Markets Bond Hedged to CAD Index ETF
|
ZEF
|
0.000
|
BMO Equal Weight Banks Index ETF
|
ZEB
|
0.760
|
BMO Equal Weight Global Base Metals Hedged to CAD Index ETF
|
ZMT
|
0.000
|
BMO Equal Weight Global Gold Index ETF
|
ZGD
|
0.000
|
BMO Equal Weight Industrials Index ETF
|
ZIN
|
1.444
|
BMO Equal Weight Oil & Gas Index ETF
|
ZEO
|
0.000
|
BMO Equal Weight REITs Index ETF
|
ZRE
|
0.224
|
BMO Equal Weight US Banks Hedged to CAD Index ETF
|
ZUB
|
0.656
|
BMO Equal Weight US Banks Index ETF
|
ZBK
|
0.175
|
BMO Equal Weight US Health Care Hedged to CAD Index ETF
|
ZUH
|
4.844
|
BMO Equal Weight US Health Care Index ETF
|
ZHU
|
0.828
|
BMO Equal Weight Utilities Index ETF
|
ZUT
|
0.802
|
BMO ESG Corporate Bond Index ETF
|
ESGB
|
0.000
|
BMO ESG High Yield US Corporate Bond Index ETF
|
ESGH
|
0.000
|
BMO ESG High Yield US Corporate Bond Index ETF (Hedged Units)
|
ESGH.F
|
0.000
|
BMO ESG US Corporate Bond Hedged to CAD Index ETF
|
ESGF
|
0.000
|
BMO Europe High Dividend Covered Call ETF
|
ZWP
|
0.000
|
BMO Europe High Dividend Covered Call Hedged to CAD ETF
|
ZWE
|
0.000
|
BMO Floating Rate High Yield ETF
|
ZFH
|
0.000
|
BMO Global Communications Index ETF
|
COMM
|
1.212
|
BMO Global Consumer Discretionary Hedged to CAD Index ETF
|
DISC
|
1.124
|
BMO Global Consumer Staples Hedged to CAD Index ETF
|
STPL
|
0.590
|
BMO Global High Dividend Covered Call ETF
|
ZWG
|
0.000
|
BMO Global Infrastructure Index ETF
|
ZGI
|
0.618
|
BMO Global Multi-Sector Bond Fund ETF Series
|
ZMSB
|
0.456
|
BMO Global Strategic Bond Fund ETF Series
|
ZGSB
|
0.104
|
BMO Government Bond Index ETF
|
ZGB
|
0.000
|
BMO Growth ETF
|
ZGRO
|
0.445
|
BMO High Quality Corporate Bond Index ETF
|
ZQB
|
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 High Yield US Corporate Bond Index ETF (USD Units)
|
ZJK.U
|
0.000
|
BMO India Equity Index ETF
|
ZID
|
0.000
|
BMO International Dividend ETF
|
ZDI
|
0.000
|
BMO International Dividend Hedged to CAD ETF
|
ZDH
|
0.000
|
BMO Junior Gold Index ETF
|
ZJG
|
0.000
|
BMO Laddered Preferred Share Index ETF
|
ZPR
|
0.000
|
BMO Long Corporate Bond Index ETF
|
ZLC
|
0.000
|
BMO Long Federal Bond Index ETF
|
ZFL
|
0.000
|
BMO Long Provincial Bond Index ETF
|
ZPL
|
0.000
|
BMO Long-Term US Treasury Bond Index ETF
|
ZTL.F
|
0.000
|
BMO Long-Term US Treasury Bond Index ETF
|
ZTL
|
0.000
|
BMO Long-Term US Treasury Bond Index ETF (USD Units)
|
ZTL.U
|
0.000
|
BMO Low Volatility Canadian Equity ETF
|
ZLB
|
0.550
|
BMO Low Volatility Emerging Markets Equity ETF
|
ZLE
|
0.000
|
BMO Low Volatility International Equity ETF
|
ZLI
|
0.000
|
BMO Low Volatility International Equity Hedged to CAD ETF
|
ZLD
|
0.000
|
BMO Low Volatility US Equity ETF (USD Units)
|
ZLU.U
|
0.831
|
BMO Low Volatility US Equity ETF
|
ZLU
|
0.732
|
BMO Low Volatility US Equity Hedged to CAD ETF
|
ZLH
|
0.654
|
BMO Mid Corporate Bond Index ETF
|
ZCM
|
0.000
|
BMO Mid Federal Bond Index ETF
|
ZFM
|
0.000
|
BMO Mid Provincial Bond Index ETF
|
ZMP
|
0.000
|
BMO Mid-Term US IG Corporate Bond Hedged to CAD Index ETF
|
ZMU
|
0.279
|
BMO Mid-Term US IG Corporate Bond Index ETF
|
ZIC
|
0.000
|
BMO Mid-Term US IG Corporate Bond Index ETF (USD Units)
|
ZIC.U
|
0.000
|
BMO Mid-Term US Treasury Bond Index ETF
|
ZTM
|
0.000
|
BMO Mid-Term US Treasury Bond Index ETF (USD Units)
|
ZTM.U
|
0.000
|
BMO Monthly Income ETF
|
ZMI
|
0.169
|
BMO MSCI All Country World High Quality Index ETF
|
ZGQ
|
0.670
|
BMO MSCI Canada ESG Leaders Index ETF
|
ESGA
|
0.267
|
BMO MSCI Canada Value Index ETF
|
ZVC
|
0.000
|
BMO MSCI EAFE ESG Leaders Index ETF
|
ESGE
|
0.000
|
BMO MSCI EAFE Hedged to CAD Index ETF
|
ZDM
|
0.961
|
BMO MSCI EAFE Index ETF
|
ZEA
|
0.000
|
BMO MSCI Emerging Markets Index ETF
|
ZEM
|
0.000
|
BMO MSCI Europe High Quality Hedged to CAD Index ETF
|
ZEQ
|
1.683
|
BMO MSCI Fintech Innovation Index ETF
|
ZFIN
|
0.000
|
BMO MSCI Genomic Innovation Index ETF
|
ZGEN
|
0.031
|
BMO MSCI Global ESG Leaders Index ETF
|
ESGG
|
0.000
|
BMO MSCI Innovation Index ETF
|
ZINN
|
0.000
|
BMO MSCI Next Gen Internet Innovation Index ETF
|
ZINT
|
0.000
|
BMO MSCI Tech & Industrial Innovation Index ETF
|
ZAUT
|
0.000
|
BMO MSCI US High Quality Index ETF (Hedged Units)
|
ZUQ.F
|
0.000
|
BMO MSCI US High Quality Index ETF (USD Units)
|
ZUQ.U
|
0.000
|
BMO MSCI USA ESG Leaders Index ETF
|
ESGY
|
0.000
|
BMO MSCI USA ESG Leaders Index ETF (Hedged Units)
|
ESGY.F
|
0.000
|
BMO MSCI USA High Quality Index ETF
|
ZUQ
|
0.000
|
BMO MSCI USA Value Index ETF
|
ZVU
|
0.750
|
BMO Nasdaq 100 Equity Hedged to CAD Index ETF
|
ZQQ
|
6.884
|
BMO NASDAQ 100 Equity Index ETF
|
ZNQ
|
0.631
|
BMO Nasdaq 100 Equity Index ETF (USD Units)
|
ZNQ.U
|
1.357
|
BMO Premium Yield ETF
|
ZPAY
|
0.000
|
BMO Premium Yield ETF (Hedged to CAD)
|
ZPAY.F
|
0.000
|
BMO Premium Yield ETF (USD Units)
|
ZPAY.U
|
0.000
|
BMO Real Return Bond Index ETF
|
ZRR
|
0.436
|
BMO S&P 500 Hedged to CAD Index ETF
|
ZUE
|
2.721
|
BMO S&P 500 Index ETF (USD Units)
|
ZSP.U
|
0.497
|
BMO S&P 500 Index ETF
|
ZSP
|
0.463
|
BMO S&P US Mid Cap Index ETF
|
ZMID
|
2.136
|
BMO S&P US Mid Cap Index ETF (Hedged to CAD)
|
ZMID.F
|
2.514
|
BMO S&P US Mid Cap Index ETF (USD Units)
|
ZMID.U
|
2.071
|
BMO S&P US Small Cap Index ETF
|
ZSML
|
0.773
|
BMO S&P US Small Cap Index ETF (Hedged to CAD)
|
ZSML.F
|
0.000
|
BMO S&P US Small Cap Index ETF (USD Units)
|
ZSML.U
|
1.009
|
BMO S&P/TSX Capped Composite Index ETF
|
ZCN
|
0.246
|
BMO Short Corporate Bond Index ETF
|
ZCS
|
0.000
|
BMO Short Corporate Bond Index ETF (Accumulating Units)
|
ZCS.L
|
0.000
|
BMO Short Federal Bond Index ETF
|
ZFS
|
0.000
|
BMO Short Federal Bond Index ETF (Accumulating Units)
|
ZFS.L
|
0.000
|
BMO Short Provincial Bond Index ETF
|
ZPS
|
0.000
|
BMO Short Provincial Bond Index ETF (Accumulating Units)
|
ZPS.L
|
0.000
|
BMO Short-Term Bond Index ETF
|
ZSB
|
0.000
|
BMO Short-Term US IG Corporate Bond Hedged to CAD Index ETF
|
ZSU
|
0.000
|
BMO Short-Term US TIPS Index ETF
|
ZTIP
|
0.800
|
BMO Short-Term US TIPS Index ETF (Hedged Units)
|
ZTIP.F
|
0.850
|
BMO Short-Term US TIPS Index ETF (USD Units)
|
ZTIP.U
|
0.878
|
BMO Short-Term US Treasury Bond Index ETF
|
ZTS
|
0.000
|
BMO Short-Term US Treasury Bond Index ETF (USD Units)
|
ZTS.U
|
0.000
|
BMO SIA Canadian Focused Equity Fund ETF Series
|
ZFC
|
1.843
|
BMO SIA North American Focused Equity Fund ETF Series
|
ZFN
|
2.840
|
BMO Tactical Dividend ETF Fund ETF Series
|
ZZZD
|
0.000
|
BMO US All Cap Equity Fund ETF Series
|
ZACE
|
0.000
|
BMO Ultra Short-Term US Bond ETF (USD Accumulating Units)
|
ZUS.V
|
0.000
|
BMO Ultra Short-Term US Bond ETF (USD Units)
|
ZUS.U
|
0.000
|
BMO Ultra Short-Term Bond ETF
|
ZST
|
0.000
|
BMO Ultra Short-Term Bond ETF (Accumulating Units)
|
ZST.L
|
0.000
|
BMO US Dividend ETF
|
ZDY
|
0.000
|
BMO US Dividend ETF (USD Units)
|
ZDY.U
|
0.000
|
BMO US Dividend Hedged to CAD ETF
|
ZUD
|
0.000
|
BMO US High Dividend Covered Call ETF
|
ZWH
|
0.000
|
BMO US High Dividend Covered Call ETF (USD Units)
|
ZWH.U
|
0.000
|
BMO US High Dividend Covered Call Hedged to CAD ETF
|
ZWS
|
0.000
|
BMO US Preferred Share Hedged to CAD Index ETF
|
ZHP
|
0.000
|
BMO US Preferred Share Index ETF
|
ZUP
|
0.000
|
BMO US Preferred Share Index ETF (USD Units)
|
ZUP.U
|
0.000
|
BMO US Put Write ETF
|
ZPW
|
0.000
|
BMO US Put Write ETF (USD Units)
|
ZPW.U
|
0.000
|
BMO US Put Write Hedged to CAD ETF
|
ZPH
|
0.000
|
BMO Women In Leadership Fund ETF Series
|
WOMN
|
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,ZSP.U, ZMID, ZMID.F, ZMID.U, ZSML, ZSML.F, and ZSML.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 and BMO NASDAQ 100 Equity Index ETF, 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 and BMO NASDAQ 100 Equity 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 trademarks/trademark 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 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 Exchange Traded Funds (ETFs)
BMO Exchange Traded Funds has been a leading ETF provider in Canada for more than 11 years, with over 100 strategies, over 25 per cent market share in Canada1, and $80.6 billion in assets under management. 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 active mutual funds.
1Morningstar, May 2021
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 $971 billion as of July 31, 2021, 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 Contact: Colleen Hamilton, Toronto, Colleen.Hamilton@bmo.com, (416) 867-3996