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

TORONTO, May 18, 2017 /CNW/- BMO Asset Management Inc. ("BMO AM") today announced the May 2017 cash distributions for certain BMO Exchange Traded Funds (ETFs)* that distribute monthly. Unitholders of record of the BMO ETFs at the close of business on May 30, 2017, will receive cash distributions payable on June 6, 2017.

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

BMO ETFs with Monthly Distributions:	Ticker	Cash Distribution per Unit ($)
BMO Short Federal Bond Index ETF	ZFS	0.020
BMO Mid Federal Bond Index ETF	ZFM	0.028
BMO Long Federal Bond Index ETF	ZFL	0.043
BMO Short Provincial Bond Index ETF	ZPS	0.036
BMO Mid Provincial Bond Index ETF	ZMP	0.037
BMO Long Provincial Bond Index ETF	ZPL	0.044
BMO Short Corporate Bond Index ETF	ZCS	0.036
BMO Mid Corporate Bond Index ETF	ZCM	0.041
BMO Long Corporate Bond Index ETF	ZLC	0.063
BMO Aggregate Bond Index ETF	ZAG	0.038
BMO Discount Bond Index ETF	ZDB	0.027
BMO Real Return Bond Index ETF	ZRR	0.030
BMO Floating Rate High Yield ETF	ZFH	0.060
BMO High Yield US Corporate Bond Hedged to CAD Index ETF	ZHY	0.067
BMO Emerging Markets Bond Hedged to CAD Index ETF	ZEF	0.065
BMO Mid-Term US IG Corporate Bond Index ETF	ZIC	0.051
BMO Mid-Term US IG Corporate Bond Index ETF (U.S. Dollar Units)	ZIC.U	0.040
BMO Short-Term US IG Corporate Bond Hedged to CAD Index ETF	ZSU	0.028
BMO Mid-Term US IG Corporate Bond Hedged to CAD Index ETF	ZMU	0.041
BMO Ultra Short-Term Bond ETF	ZST	0.170
BMO S&P/TSX Equal Weight Banks Index ETF	ZEB	0.074
BMO Equal Weight Utilities Index ETF	ZUT	0.056
BMO Equal Weight REITs Index ETF	ZRE	0.088
BMO Monthly Income ETF	ZMI	0.056
BMO Covered Call Canadian Banks ETF	ZWB	0.078
BMO Covered Call Utilities ETF	ZWU	0.075
BMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF	ZWA	0.081
BMO US High Dividend Covered Call ETF	ZWH	0.095
BMO US High Dividend Covered Call ETF (U.S. Dollar Units)	ZWH.U	0.098
BMO Canadian Dividend ETF	ZDV	0.063
BMO Laddered Preferred Share Index ETF	ZPR	0.040
BMO US Dividend Hedged to CAD ETF	ZUD	0.053
BMO US Dividend ETF	ZDY	0.070
BMO US Dividend ETF (U.S. Dollar Units)	ZDY.U	0.053
BMO International Dividend ETF	ZDI	0.080
BMO US Put Write ETF	ZPW	0.107
BMO US Put Write ETF (U.S. Dollar Units)	ZPW.U	0.106
BMO International Dividend Hedged to CAD ETF	ZDH	0.083
BMO Europe High Dividend Covered Call Hedged to CAD ETF	ZWE	0.120
BMO US Put Write Hedged to CAD ETF	ZPH	0.110
BMO Canadian High Dividend Covered Call ETF	ZWC	0.102
BMO US Preferred Share Index ETF	ZUP	0.105
BMO US Preferred Share Index ETF (U.S. Dollar Units)	ZUP.U	0.105
BMO US Preferred Share Hedged to CAD Index ETF	ZHP	0.105

*BMO ETFs are administered and managed by BMO Asset Management Inc., which is an investment fund manager and portfolio manager and a 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 trademark 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 ZEB. ZEB is 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.

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 has 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, make no representation regarding the advisability of trading or investing in such a product(s).

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

About BMO Exchange Traded Funds (ETFs)
Established in May 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 $692 billion as of January 31, 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: Mark Beazley, Toronto, [email protected], [phone]; Valérie Doucet, Montreal, [email protected], [phone]