BMO Asset Management Inc. Announces Index Changes to Five BMO ETFs

TORONTO, Aug. 8, 2017 /CNW/ - BMO Asset Management Inc. today announced pending changes to the underlying indices and names of the following ETFs (collectively, the "Equal Weight BMO ETFs"):

Effective on or about September 15, 2017, the Equal Weight BMO ETFs will start tracking new indices as set out in the table below:

	Current Index	New Index
ZEB	S&P/TSX Equal Weight Diversified Banks Index	Solactive Equal Weight Canada Banks Index
ZMT	S&P/TSX Equal Weight Global Base Metals CAD Hedged Index	Solactive Equal Weight Global Base Metals Index Canadian Dollar Hedged
ZGD	S&P/TSX Equal Weight Global Gold Index	Solactive Equal Weight Global Gold Index
ZIN	S&P/TSX Equal Weight Industrials Index	Solactive Equal Weight Canada Industrials Index
ZEO	S&P/TSX Equal Weight Oil & Gas Index	Solactive Equal Weight Canada Oil & Gas Index

As a result of the index changes, the names of the Equal Weight BMO ETFs will also be changed effective on or about September 15, 2017, as set out in the table below:

	New Name
ZEB	BMO Equal Weight Banks Index ETF
ZMT	BMO Equal Weight Global Base Metals Hedged to CAD Index ETF
ZGD	BMO Equal Weight Global Gold Index ETF
ZIN	BMO Equal Weight Industrials Index ETF
ZEO	BMO Equal Weight Oil & Gas Index ETF

The changes to the indices align with the current investment objectives and strategies of the Equal Weight BMO ETFs and the Equal Weight BMO ETFs will seek to provide investors with the same exposure to the asset class they are currently exposed. The frequency of rebalancing for the Equal Weight BMO ETFs remains the same.

An amendment to the offering documents of the Equal Weight BMO ETFs with the securities regulatory authorities.

Solactive AG will be the new index provider for the Equal Weight BMO ETFs and is currently the index provider for 8 other BMO ETFs. Since its creation in 2007, Solactive AG has become one of the key players in the indexing space. Solactive AG currently calculates indices for 350 clients in Europe, North America and Asia with approximately USD$100 billion invested in products linked to its indices.

Further information about BMO ETFs can be found at www.bmo.com/etfs.

Get the latest BMO news releases via Twitter by following @BMOmedia.

BMO ETFs are managed and administered by BMO Asset Management Inc., a portfolio manager and investment fund manager and separate legal entity from Bank of Montreal.

Commissions, management fees and expenses all may be associated with investments in exchange traded funds. Please read the prospectus before investing. Exchange traded funds are not guaranteed, their values change frequently and past performance may not be repeated.

S&P® is a registered trademark of Standard & Poor's Financial Services LLC ("S&P") and "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 ZEB, ZMT, ZGD, ZIN, and ZEO.  ZEB, ZMT, ZGD, ZIN, and ZEO 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 ETF(s).

ZEB, ZMT, ZGD, ZIN and ZEO are not sponsored, promoted, sold or supported in any other manner by Solactive AG nor does Solactive AG offer any express or implicit guarantee or assurance either with regard to the results of using the Index and/or Index trademark or the Index Price at any time or in any other respect.

About BMO Exchange Traded Funds (ETFs)
Established in June 2009, BMO Financial Group's ETF business is a leading ETF provider in Canada. BMO ETFs provide Canadian investors with broader choices and greater access to an innovative portfolio of investment products.

About BMO Financial Group
Established in 1817, and currently marking its 200th year of operations, BMO Financial Group is a highly diversified financial services provider based in North America. With total assets of $719 billion as of April 30, 2017, and more than 45,000 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, Wealth Management and BMO Capital Markets.

SOURCE BMO Financial Group

Media Contacts: Alicia Skrinjar, Toronto, [email protected], [phone]; Valérie Doucet, Montreal, [email protected], [phone]