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      News Releases

      BMO Announces Annual Reinvested Distributions for BMO Exchange Traded Funds and ETF Series

      TORONTO, Dec. 18, 2023 /CNW/ - BMO Global Asset Management today announced the 2023 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, 2023 will receive the 2023 annual reinvested distributions. The actual taxable amounts, including the tax characteristics, will be reported in 2024.

      Please note that the cash distributions will be reported separately and may be applicable to some BMO ETFs and/or ETF Series making annual reinvested distributions.

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

      BMO ETFs

      Ticker

      Reinvested Distribution ($)

      BMO Aggregate Bond Index ETF

      ZAG

      $0.000

      BMO Canadian Bank Income Index ETF

      ZBI

      $0.000

      BMO Canadian MBS Index ETF

      ZMBS

      $0.000

      BMO Clean Energy Index ETF

      ZCLN

      $0.000

      BMO Corporate Bond Index ETF

      ZCB

      $0.000

      BMO Discount Bond Index ETF

      ZDB

      $0.000

      BMO Dow Jones Industrial Average Hedged to CAD Index ETF

      ZDJ

      $0.000

      BMO Emerging Markets Bond Hedged to CAD Index ETF

      ZEF

      $0.000

      BMO Equal Weight Banks Index ETF

      ZEB

      $0.000

      BMO Equal Weight Global Base Metals Hedged to CAD Index ETF

      ZMT

      $0.000

      BMO Equal Weight Global Gold Index ETF

      ZGD

      $0.840

      BMO Equal Weight Industrials Index ETF

      ZIN

      $1.290

      BMO Equal Weight Oil & Gas Index ETF

      ZEO

      $0.000

      BMO Equal Weight REITs Index ETF

      ZRE

      $0.160

      BMO Equal Weight US Banks Hedged to CAD Index ETF

      ZUB

      $0.000

      BMO Equal Weight US Banks Index ETF

      ZBK

      $0.000

      BMO Equal Weight US Health Care Hedged to CAD Index ETF

      ZUH

      $0.000

      BMO Equal Weight US Health Care Index ETF

      ZHU

      $0.000

      BMO Equal Weight Utilities Index ETF

      ZUT

      $0.000

      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 Global Communications Index ETF

      COMM

      $0.420

      BMO Global Consumer Discretionary Hedged to CAD Index ETF

      DISC

      $0.000

      BMO Global Consumer Staples Hedged to CAD Index ETF

      STPL

      $0.110

      BMO Global Infrastructure Index ETF

      ZGI

      $0.500

      BMO Government Bond Index ETF

      ZGB

      $0.000

      BMO Growth ETF

      ZGRO

      $0.000

      BMO Growth ETF (Fixed Percentage Distribution Units)

      ZGRO.T

      $0.000

      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 Japan Index ETF

      ZJPN

      $0.000

      BMO Japan Index ETF (Hedged Units)

      ZJPN.F

      $0.000

      BMO Junior Gold Index ETF

      ZJG

      $0.000

      BMO Laddered Preferred Share Index ETF

      ZPR

      $0.000

      BMO Laddered Preferred Share Index ETF (USD Units)*

      ZPR.U

      $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

      $0.000

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

      ZTL.F

      $0.000

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

      ZTL.U

      $0.000

      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

      $0.000

      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 MSCI ACWI Paris Aligned Climate Equity Index ETF

      ZGRN

      $0.000

      BMO MSCI All Country World High Quality Index ETF

      ZGQ

      $0.000

      BMO MSCI Canada ESG Leaders Index ETF

      ESGA

      $0.140

      BMO MSCI Canada Value Index ETF

      ZVC

      $0.130

      BMO MSCI China ESG Leaders Index ETF

      ZCH

      $0.180

      BMO MSCI EAFE ESG Leaders Index ETF

      ESGE

      $0.000

      BMO MSCI EAFE Hedged to CAD Index ETF

      ZDM

      $0.000

      BMO MSCI EAFE Index ETF

      ZEA

      $0.000

      BMO MSCI Emerging Markets Index ETF

      ZEM

      $0.170

      BMO MSCI Europe High Quality Hedged to CAD Index ETF

      ZEQ

      $0.000

      BMO MSCI Global ESG Leaders Index ETF

      ESGG

      $0.000

      BMO MSCI India ESG Leaders Index ETF

      ZID

      $0.460

      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

      $3.190

      BMO MSCI USA High Quality Index ETF (Hedged Units)

      ZUQ.F

      $2.060

      BMO MSCI USA High Quality Index ETF (USD Units)*

      ZUQ.U

      $2.330

      BMO MSCI USA Value Index ETF

      ZVU

      $0.000

      BMO Nasdaq 100 Equity Hedged to CAD Index ETF

      ZQQ

      $6.110

      BMO Nasdaq 100 Equity Index ETF

      ZNQ

      $0.000

      BMO Nasdaq 100 Equity Index ETF (USD Units)*

      ZNQ.U

      $0.000

      BMO Real Return Bond Index ETF

      ZRR

      $0.000

      BMO S&P 500 Hedged to CAD Index ETF

      ZUE

      $0.000

      BMO S&P 500 Index ETF

      ZSP

      $0.000

      BMO S&P 500 Index ETF (USD Units)*

      ZSP.U

      $0.000

      BMO S&P US Mid Cap Index ETF

      ZMID

      $0.000

      BMO S&P US Mid Cap Index ETF (Hedged Units)

      ZMID.F

      $0.000

      BMO S&P US Mid Cap Index ETF (USD Units)*

      ZMID.U

      $0.000

      BMO S&P US Small Cap Index ETF

      ZSML

      $0.000

      BMO S&P US Small Cap Index ETF (Hedged Units)

      ZSML.F

      $0.000

      BMO S&P US Small Cap Index ETF (USD Units)*

      ZSML.U

      $0.000

      BMO S&P/TSX 60 Index ETF

      ZIU

      $0.000

      BMO S&P/TSX Capped Composite Index ETF

      ZCN

      $0.200

      BMO Short Corporate Bond Index ETF

      ZCS

      $0.000

      BMO Short Corporate Bond Index ETF (Accumulating Units)

      ZCS.L

      $0.210

      BMO Short Federal Bond Index ETF

      ZFS

      $0.000

      BMO Short Federal Bond Index ETF (Accumulating Units)

      ZFS.L

      $0.100

      BMO Short Provincial Bond Index ETF

      ZPS

      $0.000

      BMO Short Provincial Bond Index ETF (Accumulating Units)

      ZPS.L

      $0.160

      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

      $0.000

      BMO Short-Term US TIPS Index ETF (Hedged Units)

      ZTIP.F

      $0.000

      BMO Short-Term US TIPS Index ETF (USD Units)*

      ZTIP.U

      $0.000

      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 US Aggregate Bond Index ETF

      ZUAG

      $0.050

      BMO US Aggregate Bond Index ETF (Hedged Units)

      ZUAG.F

      $0.230

      BMO US Aggregate Bond Index ETF (USD Units)*

      ZUAG.U

      $0.370

      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 TIPS Index ETF

      TIPS

      $0.000

      BMO US TIPS Index ETF (Hedged Units)

      TIPS.F

      $0.000

      BMO US TIPS Index ETF (USD Units)*

      TIPS.U

      $0.000

      BMO USD Cash Management ETF

      ZUCM

      $0.000

      BMO USD Cash Management ETF (USD Units)*

      ZUCM.U

      $0.000

      BMO BBB Corporate Bond Index ETF

      ZBBB

      $0.000

      BMO All-Equity ETF

      ZEQT

      $0.000

      BMO Balanced ESG ETF

      ZESG

      $0.135

      BMO Balanced ETF

      ZBAL

      $0.000

      BMO Balanced ETF (Fixed Percentage Distribution Units)

      ZBAL.T

      $0.000

      BMO Canadian Banks Accelerator ETF

      ZEBA

      $0.000

      BMO Canadian Dividend ETF

      ZDV

      $0.060

      BMO Canadian High Dividend Covered Call ETF

      ZWC

      $0.000

      BMO Conservative ETF

      ZCON

      $0.000

      BMO Corporate Discount Bond ETF

      ZCDB

      $0.000

      BMO Covered Call Canadian Banks ETF

      ZWB

      $0.000

      BMO Covered Call Canadian Banks ETF (USD Units)*

      ZWB.U

      $0.000

      BMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF

      ZWA

      $0.000

      BMO Covered Call Energy ETF

      ZWEN

      $0.000

      BMO Covered Call Health Care ETF

      ZWHC

      $0.000

      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 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 Agriculture ETF

      ZEAT

      $0.000

      BMO Global High Dividend Covered Call ETF

      ZWG

      $0.000

      BMO International Dividend ETF

      ZDI

      $0.000

      BMO International Dividend Hedged to CAD ETF

      ZDH

      $0.000

      BMO Long Short Canadian Equity ETF

      ZLSC

      $0.000

      BMO Long Short US Equity ETF

      ZLSU

      $0.000

      BMO Low Volatility Canadian Equity ETF

      ZLB

      $1.180

      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

      ZLU

      $1.940

      BMO Low Volatility US Equity ETF (USD Units)*

      ZLU.U

      $2.290

      BMO Low Volatility US Equity Hedged to CAD ETF

      ZLH

      $0.870

      BMO Monthly Income ETF

      ZMI

      $0.150

      BMO Monthly Income ETF (USD Units)*

      ZMI.U

      $0.410

      BMO Premium Yield ETF

      ZPAY

      $0.000

      BMO Premium Yield ETF (Hedged Units)

      ZPAY.F

      $0.000

      BMO Premium Yield ETF (USD Units)*

      ZPAY.U

      $0.000

      BMO Short-Term Discount Bond ETF

      ZSDB

      $0.000

      BMO Ultra Short-Term Bond ETF

      ZST

      $0.000

      BMO Ultra Short-Term Bond ETF (Accumulating Units)

      ZST.L

      $0.650

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

      ZUS.V

      $0.700

      BMO Ultra Short-Term US Bond ETF (USD Units)*

      ZUS.U

      $0.000

      BMO US Equity Accelerator Hedged to CAD ETF

      ZUEA

      $0.000

      BMO US Equity Buffer Hedged to CAD ETF – October

      ZOCT

      $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 Put Write ETF

      ZPW

      $0.335

      BMO US Put Write ETF (USD Units)*

      ZPW.U

      $0.385

      BMO US Put Write Hedged to CAD ETF

      ZPH

      $0.170

      BMO ARK Genomic Revolution Fund (ETF Series)

      ARKG

      $0.000

      BMO ARK Innovation Fund (ETF Series)

      ARKK

      $0.000

      BMO ARK Next Generation Internet Fund (ETF Series)

      ARKW

      $1.230

      BMO Brookfield Global Real Estate Tech Fund (ETF Series)

      TOWR

      $0.000

      BMO Brookfield Global Renewables Infrastructure Fund (ETF Series)

      GRNI

      $0.000

      BMO Core Plus Bond Fund (ETF Series)

      ZCPB

      $0.000

      BMO Global Dividend Opportunities Fund (Active ETF Series)

      BGDV

      $0.210

      BMO Global Enhanced Income Fund (ETF Series)

      ZWQT

      $0.190

      BMO Global Equity Fund (Active ETF Series)

      BGEQ

      $0.000

      BMO Global Health Care Fund (Active ETF Series)

      BGHC

      $0.000

      BMO Global Infrastructure Fund (Active ETF Series)

      BGIF

      $0.000

      BMO Global Innovators Fund (Active ETF Series)

      BGIN

      $0.000

      BMO Global REIT Fund (Active ETF Series)

      BGRT

      $0.000

      BMO Global Strategic Bond Fund (ETF Series)

      ZGSB

      $0.000

      BMO Money Market Fund (ETF Series)

      ZMMK

      $0.000

      BMO SIA Focused Canadian Equity Fund (ETF Series)

      ZFC

      $0.000

      BMO SIA Focused North American Equity Fund (ETF Series)

      ZFN

      $0.000

      BMO Sustainable Global Multi-Sector Bond Fund (ETF Series)

      ZMSB

      $0.000

      BMO Tactical Dividend ETF Fund (ETF Series)

      ZZZD

      $0.000

      BMO U.S. All Cap Equity Fund (ETF Series)

      ZACE

      $0.000

      BMO U.S. Equity Growth MFR Fund (ETF Series)

      ZUGE

      $0.000

      BMO U.S. Equity Value MFR Fund (ETF Series)

      ZUVE

      $0.040

      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.

      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 under which BMO Asset Management Inc. and BMO Investments Inc. operate.

      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 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.  The indicated rates of return are the historical compounded total returns including changes in share or unit value and the reinvestment of all dividends or distributions and do not take into account the sales, redemption, distribution, optional charges or income tax payable by the unitholder that would have reduced returns 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 an ETF provider in Canada for more than 12 years, with over 100 strategies, over 25 per cent market share in Canada2, and $87.6 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.
      2Morningstar, December 2022

      About BMO Financial Group
      BMO Financial Group is the eighth largest bank in North America by assets, with total assets of $1.3 trillion as of October 31, 2023. Serving customers for 200 years and counting, BMO is a diverse team of highly engaged employees providing a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services to 13 million customers across Canada, the United States, and in select markets globally. Driven by a single purpose, to Boldly Grow the Good in business and life, BMO is committed to driving positive change in the world, and making progress for a thriving economy, sustainable future, and inclusive society.

      SOURCE BMO Financial Group

      For further information: Media Contact: Jeff Roman, Toronto, Jeff.Roman@bmo.com, (416) 867-3996