BMO Asset Management Inc. Announces Cash Distributions for Certain BMO Exchange Traded Funds

TORONTO, May 22, 2019 /CNW/ - BMO Asset Management Inc. today announced the May 2019 cash distributions for BMO Exchange Traded Funds (BMO ETFs) that distribute monthly. Unitholders of record of the BMO ETFs at the close of business on May 30, 2019, will receive cash distributions payable on June 4, 2019.

Details of the per-unit cash distribution amount are as follows:

Monthly Distributions	Ticker	Cash Distribution per Unit ($)
BMO Short Federal Bond Index ETF	ZFS	0.022
BMO Mid Federal Bond Index ETF	ZFM	0.028
BMO Long Federal Bond Index ETF	ZFL	0.045
BMO Short Provincial Bond Index ETF	ZPS	0.036
BMO Mid Provincial Bond Index ETF	ZMP	0.034
BMO Long Provincial Bond Index ETF	ZPL	0.045
BMO Short Corporate Bond Index ETF	ZCS	0.035
BMO Mid Corporate Bond Index ETF	ZCM	0.046
BMO Long Corporate Bond Index ETF	ZLC	0.065
BMO Aggregate Bond Index ETF	ZAG	0.040
BMO Discount Bond Index ETF	ZDB	0.030
BMO Real Return Bond Index ETF	ZRR	0.035
BMO Floating Rate High Yield ETF	ZFH	0.058
BMO High Yield US Corporate Bond Hedged to CAD Index ETF	ZHY	0.070
BMO Emerging Markets Bond Hedged to CAD Index ETF	ZEF	0.062
BMO Mid-Term US IG Corporate Bond Index ETF	ZIC	0.058
BMO Mid-Term US IG Corporate Bond Index ETF (U.S. Dollar Units)	ZIC.U	0.045
BMO Short-Term US IG Corporate Bond Hedged to CAD Index ETF	ZSU	0.033
BMO Mid-Term US IG Corporate Bond Hedged to CAD Index ETF	ZMU	0.045
BMO Ultra Short-Term Bond ETF	ZST	0.120
BMO Equal Weight Banks Index ETF	ZEB	0.090
BMO Equal Weight Utilities Index ETF	ZUT	0.067
BMO Equal Weight REITs Index ETF	ZRE	0.085
BMO Monthly Income ETF	ZMI	0.060
BMO Covered Call Canadian Banks ETF	ZWB	0.085
BMO Covered Call Utilities ETF	ZWU	0.075
BMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF	ZWA	0.090
BMO US High Dividend Covered Call ETF	ZWH	0.110
BMO US High Dividend Covered Call ETF (U.S. Dollar Units)	ZWH.U	0.110
BMO Canadian Dividend ETF	ZDV	0.065
BMO Laddered Preferred Share Index ETF	ZPR	0.043
BMO US Dividend Hedged to CAD ETF	ZUD	0.061
BMO US Dividend ETF	ZDY	0.080
BMO US Dividend ETF (U.S. Dollar Units)	ZDY.U	0.063
BMO International Dividend ETF	ZDI	0.090
BMO US Put Write ETF	ZPW	0.095
BMO US Put Write ETF (U.S. Dollar Units)	ZPW.U	0.095
BMO International Dividend Hedged to CAD ETF	ZDH	0.093
BMO Europe High Dividend Covered Call Hedged to CAD ETF	ZWE	0.115
BMO US Put Write Hedged to CAD ETF	ZPH	0.100
BMO Canadian High Dividend Covered Call ETF	ZWC	0.110
BMO US Preferred Share Index ETF	ZUP	0.110
BMO US Preferred Share Index ETF (U.S. Dollar Units)	ZUP.U	0.107
BMO US Preferred Share Hedged to CAD Index ETF	ZHP	0.105
BMO High Yield US Corporate Bond Index ETF	ZJK	0.105
BMO US High Dividend Covered Call Hedged to CAD ETF	ZWS	0.105
BMO Europe High Dividend Covered Call ETF	ZWP	0.105
BMO Ultra Short-Term US Bond ETF (USD Units)	ZUS.U	0.130
BMO Covered Call US Banks ETF	ZWK	0.155

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

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. ZWA is 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.

^®/™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.

Commissions, management fees and expenses all may be associated with investments in BMO ETFs.  Please read the ETF facts or prospectus of the relevant BMO ETF before investing.  BMO ETFs 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, please see the specific risks set out in the prospectus.  BMO ETFs 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 $807 billion as of January 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

Media Contacts: Amanda Robinson, Toronto, [email protected], [phone]