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      News Releases

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

      TORONTO, Dec. 19, 2025 /CNW/ - BMO Asset Management Inc., as manager of the BMO ETFs, and BMO Investments Inc., as manager of the BMO Mutual Funds, today announced the 2025 annual reinvested distributions for unitholders of BMO ETFs and unitholders of ETF Series units of the BMO Mutual Funds (ETF Series)1 that distribute monthly, quarterly and annually, as set out in the tables below. 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 of the BMO ETFs and ETF Series at the close of business on December 30, 2025 will receive the 2025 annual reinvested distributions. The actual taxable amounts, including the tax characteristics, will be reported in 2026.

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

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

       

      Fund Name

      Ticker

      Reinvested
      Distribution ($)

      BMO AAA CLO ETF

      ZAAA

      $0.000

      BMO AAA CLO ETF (Hedged Units)

      ZAAA.F

      $0.000

      BMO AAA CLO ETF (USD Units*)

      ZAAA.U

      $0.000

      BMO Aggregate Bond Index ETF

      ZAG

      $0.000

      BMO All-Equity ETF

      ZEQT

      $0.135

      BMO Balanced ESG ETF

      ZESG

      $0.070

      BMO Balanced ETF (Fixed Percentage Distribution Units)

      ZBAL.T

      $0.000

      BMO Balanced ETF

      ZBAL

      $0.105

      BMO BBB CLO ETF

      ZBBZ

      $0.000

      BMO BBB CLO ETF (Hedged Units)

      ZBBZ.F

      $0.000

      BMO BBB CLO ETF (USD Units*)

      ZBBZ.U

      $0.011

      BMO BBB Corporate Bond Index ETF

      ZBBB

      $0.000

      BMO Broad Commodity ETF

      ZCOM

      $0.630

      BMO Brookfield Global Real Estate Tech Fund (ETF Series)

      TOWR

      $0.300

      BMO Brookfield Global Renewables Infrastructure Fund (ETF Series)

      GRNI

      $0.000

      BMO Canadian Bank Income Index ETF

      ZBI

      $0.090

      BMO Canadian Core Plus US Balanced ETF

      ZBCB

      $0.110

      BMO Canadian Dividend ETF

      ZDV

      $1.880

      BMO Canadian Equity Plus ETF

      ZBEC

      $0.000

      BMO Canadian High Dividend Covered Call ETF

      ZWC

      $0.000

      BMO Canadian MBS Index ETF

      ZMBS

      $0.417

      BMO Clean Energy Index ETF

      ZCLN

      $0.270

      BMO Conservative ETF

      ZCON

      $0.015

      BMO Core Plus Bond Fund (ETF Series)

      ZCPB

      $0.070

      BMO Corporate Bond Index ETF

      ZCB

      $0.000

      BMO Corporate Discount Bond ETF

      ZCDB

      $0.672

      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 Spread Gold Bullion ETF

      ZWGD

      $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 Discount Bond Index ETF

      ZDB

      $0.000

      BMO Dow Jones Industrial Average Hedged to CAD Index ETF

      ZDJ

      $0.170

      BMO Emerging Markets Bond Hedged to CAD Index ETF

      ZEF

      $0.000

      BMO Equal Weight Banks Index ETF

      ZEB

      $0.175

      BMO Equal Weight Global Base Metals Hedged to CAD Index ETF

      ZMT

      $0.000

      BMO Equal Weight Global Gold Index ETF

      ZGD

      $14.680

      BMO Equal Weight Industrials Index ETF

      ZIN

      $0.010

      BMO Equal Weight Oil & Gas Index ETF

      ZEO

      $0.940

      BMO Equal Weight REITs Index ETF

      ZRE

      $0.270

      BMO Equal Weight US Banks Hedged to CAD Index ETF

      ZUB

      $0.145

      BMO Equal Weight US Banks Index ETF

      ZBK

      $0.215

      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

      $0.470

      BMO ESG Corporate Bond Index ETF

      ESGB

      $0.000

      BMO ESG US Corporate Bond Hedged to CAD Index ETF

      ESGF

      $0.052

      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

      $0.185

      BMO Global Agriculture ETF

      ZEAT

      $0.170

      BMO Global Communications Index ETF

      COMM

      $1.460

      BMO Global Consumer Discretionary Hedged to CAD Index ETF

      DISC

      $1.440

      BMO Global Consumer Staples Hedged to CAD Index ETF

      STPL

      $0.180

      BMO Global Dividend Opportunities Fund (Active ETF Series)

      BGDV

      $1.766

      BMO Global Enhanced Income Fund (ETF Series)

      ZWQT

      $0.000

      BMO Global Equity Fund (Active ETF Series)

      BGEQ

      $0.910

      BMO Global Health Care Fund (Active ETF Series)

      BGHC

      $0.000

      BMO Global High Dividend Covered Call ETF

      ZWG

      $0.905

      BMO Global Infrastructure Fund (Active ETF Series)

      BGIF

      $0.000

      BMO Global Infrastructure Index ETF

      ZGI

      $1.250

      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 Gold Bullion ETF

      ZGLD

      $0.000

      BMO Gold Bullion ETF (USD Units*)

      ZGLD.U

      $0.000

      BMO Gold Bullion Hedged to CAD ETF

      ZGLH

      $0.000

      BMO Government Bond Index ETF

      ZGB

      $0.040

      BMO Growth ETF (Fixed Percentage Distribution Units)

      ZGRO.T

      $0.000

      BMO Growth ETF

      ZGRO

      $0.155

      BMO High Quality Corporate Bond Index ETF

      ZQB

      $0.000

      BMO High Yield US Corporate Bond Hedged to CAD Index ETF

      ZHY

      $0.021

      BMO High Yield US Corporate Bond Index ETF

      ZJK

      $0.059

      BMO High Yield US Corporate Bond Index ETF (USD Units*)

      ZJK.U

      $0.120

      BMO Human Capital Factor US Equity ETF

      ZHC

      $0.300

      BMO International Dividend ETF

      ZDI

      $0.710

      BMO International Dividend Hedged to CAD ETF

      ZDH

      $0.090

      BMO Japan Index ETF

      ZJPN

      $0.210

      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

      $0.010

      BMO Long Provincial Bond Index ETF

      ZPL

      $0.013

      BMO Long Short Canadian Equity ETF

      ZLSC

      $0.000

      BMO Long Short US Equity ETF

      ZLSU

      $0.000

      BMO Long-Term US Treasury Bond Index ETF

      ZTL

      $0.894

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

      ZTL.F

      $0.130

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

      ZTL.U

      $0.280

      BMO Low Volatility Canadian Equity ETF

      ZLB

      $2.330

      BMO Low Volatility Emerging Markets Equity ETF

      ZLE

      $0.000

      BMO Low Volatility International Equity ETF

      ZLI

      $0.090

      BMO Low Volatility International Equity Hedged to CAD ETF

      ZLD

      $0.100

      BMO Low Volatility US Equity ETF

      ZLU

      $2.520

      BMO Low Volatility US Equity ETF (USD Units*)

      ZLU.U

      $1.720

      BMO Low Volatility US Equity Hedged to CAD ETF

      ZLH

      $1.580

      BMO Mid Corporate Bond Index ETF

      ZCM

      $0.025

      BMO Mid Federal Bond Index ETF

      ZFM

      $0.020

      BMO Mid Provincial Bond Index ETF

      ZMP

      $0.000

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

      ZMU

      $0.003

      BMO Mid-Term US IG Corporate Bond Index ETF

      ZIC

      $0.031

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

      ZIC.U

      $0.020

      BMO Mid-Term US Treasury Bond Index ETF

      ZTM

      $0.000

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

      ZTM.U

      $0.360

      BMO Money Market Fund (ETF Series)

      ZMMK

      $0.000

      BMO Monthly Income ETF

      ZMI

      $0.560

      BMO Monthly Income ETF (USD Units*)

      ZMI.U

      $0.110

      BMO MSCI ACWI Paris Aligned Climate Equity Index ETF

      ZGRN

      $0.060

      BMO MSCI All Country World High Quality Index ETF

      ZGQ

      $2.620

      BMO MSCI Canada Selection Equity Index ETF

      ESGA

      $0.220

      BMO MSCI Canada Value Index ETF

      ZVC

      $0.220

      BMO MSCI China Selection Equity Index ETF

      ZCH

      $0.000

      BMO MSCI EAFE Hedged to CAD Index ETF

      ZDM

      $0.170

      BMO MSCI EAFE High Quality Index ETF

      ZIQ

      $1.240

      BMO MSCI EAFE Index ETF

      ZEA

      $0.120

      BMO MSCI EAFE Selection Equity Index ETF

      ESGE

      $0.160

      BMO MSCI Emerging Markets Index ETF

      ZEM

      $0.000

      BMO MSCI Europe High Quality Hedged to CAD Index ETF

      ZEQ

      $0.000

      BMO MSCI Global Selection Equity Index ETF

      ESGG

      $0.160

      BMO MSCI India Selection Equity Index ETF

      ZID

      $2.450

      BMO MSCI USA High Quality Index ETF

      ZUQ

      $4.160

      BMO MSCI USA High Quality Index ETF (Hedged Units)

      ZUQ.F

      $0.070

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

      ZUQ.U

      $3.285

      BMO MSCI USA Selection Equity Index ETF

      ESGY

      $0.160

      BMO MSCI USA Selection Equity Index ETF (Hedged Units)

      ESGY.F

      $0.004

      BMO MSCI USA Value Index ETF

      ZVU

      $1.920

      BMO Nasdaq 100 Equity Hedged to CAD Index ETF

      ZQQ

      $5.650

      BMO NASDAQ 100 Equity Index ETF

      ZNQ

      $0.270

      BMO NASDAQ 100 Equity Index ETF (USD Units*)

      ZNQ.U

      $0.000

      BMO Premium Yield ETF

      ZPAY

      $0.820

      BMO Premium Yield ETF (Hedged Units)

      ZPAY.F

      $0.245

      BMO Premium Yield ETF (USD Units*)

      ZPAY.U

      $0.570

      BMO Real Return Bond Index ETF

      ZRR

      $0.000

      BMO S&P 500 Hedged to CAD Index ETF

      ZUE

      $0.160

      BMO S&P 500 Index ETF

      ZSP

      $0.240

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

      ZSP.U

      $0.160

      BMO S&P US Mid Cap Index ETF

      ZMID

      $0.630

      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

      $0.070

      BMO S&P US Small Cap Index ETF

      ZSML

      $0.150

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

      ZSML.F

      $0.020

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

      ZSML.U

      $0.050

      BMO S&P/TSX 60 Index ETF

      ZIU

      $0.200

      BMO S&P/TSX Capped Composite Index ETF

      ZCN

      $0.020

      BMO Short Corporate Bond Index ETF

      ZCS

      $0.015

      BMO Short Corporate Bond Index ETF (Accumulating Units)

      ZCS.L

      $0.290

      BMO Short Federal Bond Index ETF

      ZFS

      $0.040

      BMO Short Federal Bond Index ETF (Accumulating Units)

      ZFS.L

      $0.190

      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 Discount Bond ETF

      ZSDB

      $0.400

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

      ZSU

      $0.025

      BMO Short-Term US TIPS Index ETF

      ZTIP

      $0.010

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

      ZTIP.F

      $0.070

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

      ZTIP.U

      $0.050

      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 Focused Canadian Equity Fund (ETF Series)

      ZFC

      $2.660

      BMO SIA Focused North American Equity Fund (ETF Series)

      ZFN

      $5.260

      BMO SPDR Communication Services Select Sector Index ETF

      ZXLC

      $0.000

      BMO SPDR Communication Services Select Sector Index ETF (Hedged Units)

      ZXLC.F

      $0.000

      BMO SPDR Consumer Discretionary Select Sector Index ETF

      ZXLY

      $0.000

      BMO SPDR Consumer Discretionary Select Sector Index ETF (Hedged Units)

      ZXLY.F

      $0.000

      BMO SPDR Consumer Staples Select Sector Index ETF

      ZXLP

      $0.000

      BMO SPDR Consumer Staples Select Sector Index ETF (Hedged Units)

      ZXLP.F

      $0.360

      BMO SPDR Energy Select Sector Index ETF

      ZXLE

      $0.100

      BMO SPDR Energy Select Sector Index ETF (Hedged Units)

      ZXLE.F

      $0.070

      BMO SPDR Financials Select Sector Index ETF

      ZXLF

      $0.020

      BMO SPDR Financials Select Sector Index ETF (Hedged Units)

      ZXLF.F

      $0.030

      BMO SPDR Health Care Select Sector Index ETF

      ZXLV

      $0.010

      BMO SPDR Health Care Select Sector Index ETF (Hedged Units)

      ZXLV.F

      $0.070

      BMO SPDR Industrials Select Sector Index ETF

      ZXLI

      $0.070

      BMO SPDR Industrials Select Sector Index ETF (Hedged Units)

      ZXLI.F

      $0.020

      BMO SPDR Materials Select Sector Index ETF

      ZXLB

      $0.050

      BMO SPDR Materials Select Sector Index ETF (Hedged Units)

      ZXLB.F

      $0.730

      BMO SPDR Real Estate Select Sector Index ETF

      ZXLR

      $0.100

      BMO SPDR Real Estate Select Sector Index ETF (Hedged Units)

      ZXLR.F

      $1.100

      BMO SPDR Technology Select Sector Index ETF

      ZXLK

      $1.970

      BMO SPDR Technology Select Sector Index ETF (Hedged Units)

      ZXLK.F

      $3.750

      BMO SPDR Utilities Select Sector Index ETF

      ZXLU

      $0.040

      BMO SPDR Utilities Select Sector Index ETF (Hedged Units)

      ZXLU.F

      $0.040

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

      ZMSB

      $0.160

      BMO Tactical Dividend ETF Fund (ETF Series)

      ZZZD

      $0.000

      BMO Target 2027 Canadian Corporate Bond ETF

      ZXCO

      $0.000

      BMO Target 2028 Canadian Corporate Bond ETF

      ZXCP

      $0.000

      BMO Target 2029 Canadian Corporate Bond ETF

      ZXCQ

      $0.000

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

      ZACE

      $0.000

      BMO Ultra Short-Term Bond ETF

      ZST

      $0.463

      BMO Ultra Short-Term Bond ETF (Accumulating Units)

      ZST.L

      $0.550

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

      ZUS.U

      $0.000

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

      ZUS.V

      $0.720

      BMO US Aggregate Bond Index ETF

      ZUAG

      $0.966

      BMO US Aggregate Bond Index ETF (Hedged Units)

      ZUAG.F

      $0.162

      BMO US Aggregate Bond Index ETF (USD Units*)

      ZUAG.U

      $0.300

      BMO US Dividend ETF

      ZDY

      $2.690

      BMO US Dividend ETF (USD Units*)

      ZDY.U

      $2.140

      BMO US Dividend Growth ETF

      ZBDU

      $0.000

      BMO US Dividend Growth ETF (Hedged Units)

      ZBDU.F

      $0.000

      BMO US Dividend Hedged to CAD ETF

      ZUD

      $0.455

      BMO US Equity Buffer Hedged to CAD ETF – April

      ZAPR

      $0.119

      BMO US Equity Buffer Hedged to CAD ETF – January

      ZJAN

      $0.078

      BMO US Equity Buffer Hedged to CAD ETF – July

      ZJUL

      $0.089

      BMO US Equity Buffer Hedged to CAD ETF – October

      ZOCT

      $0.000

      BMO US Equity Focused ETF

      ZBEU

      $0.000

      BMO US Equity Focused ETF (Hedged Units)

      ZBEU.F

      $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 Large Cap Disciplined Value ETF

      ZBVU

      $0.380

      BMO US Preferred Share Hedged to CAD Index ETF

      ZHP

      $0.070

      BMO US Preferred Share Index ETF

      ZUP

      $0.090

      BMO US Preferred Share Index ETF (USD Units*)

      ZUP.U

      $0.070

      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 USD Cash Management ETF

      ZUCM

      $0.000

      BMO USD Cash Management ETF (USD Units*)

      ZUCM.U

      $0.000

      BMO Women in Leadership Fund (ETF Series)

      WOMN

      $0.000

      *Reinvested distribution per unit ($) amounts are USD for ZAAA.U, ZBBZ.U, ZWB.U, ZGLD.U, ZJK.U, ZPR.U, ZTL.U, ZLU.U, ZIC.U, ZTM.U, ZMI.U, ZUQ.U, ZNQ.U, ZPAY.U, ZSP.U, ZMID.U, ZSML.U, ZTIP.U, ZTS.U, ZUS.U, ZUS.V, ZUAG.U, ZDY.U, ZWH.U, ZUP.U, ZPW.U, and ZUCM.U.

      1 BMO ETFs are managed and administered by BMO Asset Management Inc., 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 offered by BMO Investments Inc., 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.

      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.

      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 (including USD Units).

      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 ZUE, ZSP, ZSP.U, ZMID, ZMID.F, ZMID.U, ZSML, ZSML.F, ZSML.U, ZIU and ZCN. 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.

      Further information about BMO ETFs and ETF Series of the BMO Mutual Funds can be found at www.bmoetfs.com.

      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 applicable ETF Facts document or prospectus before investing. BMO ETFs and ETF Series of the BMO Mutual Funds 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. Units of the BMO ETFs and ETF Series securities of the BMO Mutual Funds may be bought and sold at market price on a stock exchange and brokerage commissions will reduce returns. Distributions are not guaranteed and are subject to change and/or elimination.

      Distribution rates may change without notice (up or down) depending on market conditions. The payment of distributions should not be confused with an investment fund's performance, rate of return or yield. If distributions paid by an investment fund are greater than the performance of the fund, your original investment will shrink.

      Distributions of net income and net taxable gains of a BMO ETF will be included in the unitholder's income for tax purposes in the year they are paid, whether or not such amounts are reinvested in additional units. A unitholder's adjusted cost base will be reduced by the amount of any returns of capital. If a unitholder's adjusted cost base goes below zero, such unitholder will have to pay capital gains tax on the amount below zero. Please refer to the summary of the principal income tax considerations set out in the prospectus for the relevant BMO ETF. Investors should also consult their own tax advisors about their individual circumstances.

      "BMO (M-bar roundel symbol)" is a registered trademark of Bank of Montreal, used under licence.

      About BMO Global Asset Management

      BMO Global Asset Management is a brand name under which BMO Asset Management Inc. and BMO Investments Inc. operate. Certain of the products and services offered under the brand name, BMO Global Asset Management, are designed specifically for various categories of investors in Canada and may not be available to all investors.

      About BMO Financial Group  

      BMO Financial Group is the seventh largest bank in North America by assets, with total assets of $1.5 trillion as of October 31, 2025. Serving clients 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 approximately 13 million clients 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 stronger communities.    

      SOURCE BMO Financial Group

      For further information: For further information: Media Contacts: Aaron Sobeski, Toronto, Aaron.Sobeski@bmo.com, (416) 867-3996