TORONTO, Nov. 16, 2018 /CNW/ - BMO Asset Management Inc.
and BMO Investments Inc. today announced the estimated 2018 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, 2018, will receive the 2018 annual
reinvested distributions. The final year-end distribution amounts,
as well as the ongoing cash distribution amounts, are expected to
be announced on December 18, 2018.
The actual taxable amounts, including the tax characteristics, will
be reported in 2019.
Please note that these are estimated annual reinvested
distributions only and have been calculated based upon
forward-looking information as of October
31, 20182. If the forward-looking information
changes, the estimated annual reinvested distributions may also
change.
These estimates are for the annual reinvested distributions only
and do not include estimates of ongoing cash distribution
amounts.
Details of the per-unit estimated annual reinvested distribution
amounts are as follows:
BMO
ETFs
|
Ticker
|
Estimated
Reinvested
Distribution
($)
|
BMO Aggregate Bond
Index ETF
|
ZAG
|
0
|
BMO Discount Bond
Index ETF
|
ZDB
|
0
|
BMO Ultra Short-Term
Bond ETF
|
ZST
|
0
|
BMO Ultra Short-Term
Bond ETF (Accumulating Units)
|
ZST.L
|
0.642
|
BMO Short Federal
Bond Index ETF
|
ZFS
|
0
|
BMO Short Federal
Bond Index ETF (Accumulating)
|
ZFS.L
|
0.244
|
BMO Mid Federal Bond
Index ETF
|
ZFM
|
0
|
BMO Long Federal Bond
Index ETF
|
ZFL
|
0
|
BMO Real Return Bond
Index ETF
|
ZRR
|
0.293
|
BMO Short Provincial
Bond Index ETF
|
ZPS
|
0
|
BMO Short Provincial
Bond Index ETF (Accumulating Units)
|
ZPS.L
|
0.543
|
BMO Mid Provincial
Bond Index ETF
|
ZMP
|
0
|
BMO Long Provincial
Bond Index ETF
|
ZPL
|
0
|
BMO Short-Term US
Treasury Bond Index ETF
|
ZTS
|
0
|
BMO Short-Term US
Treasury Bond Index ETF (US Dollar Units)
|
ZTS.U
|
0
|
BMO Mid-Term US
Treasury Bond Index ETF
|
ZTM
|
0
|
BMO Mid-Term US
Treasury Bond Index ETF (US Dollar Units)
|
ZTM.U
|
0
|
BMO Long-Term US
Treasury Bond Index ETF
|
ZTL
|
0
|
BMO Long-Term US
Treasury Bond Index ETF (US Dollar Units)
|
ZTL.U
|
0
|
BMO Short Corporate
Bond Index ETF
|
ZCS
|
0
|
BMO Short Corporate
Bond Index ETF (Accumulating Units)
|
ZCS.L
|
0.467
|
BMO Mid Corporate
Bond Index ETF
|
ZCM
|
0
|
BMO Long Corporate
Bond Index ETF
|
ZLC
|
0
|
BMO Short-Term US IG
Corporate Bond Hedged to CAD Index ETF
|
ZSU
|
0
|
BMO Mid-Term US IG
Corporate Bond Index ETF
|
ZIC
|
0
|
BMO Mid-Term US IG
Corporate Bond Index ETF (US Dollar Units)
|
ZIC.U
|
0
|
BMO Mid-Term US IG
Corporate Bond Hedged to CAD Index ETF
|
ZMU
|
0
|
BMO High Yield US
Corporate Bond Hedged to CAD Index ETF
|
ZHY
|
0
|
BMO High Yield US
Corporate Bond Index ETF
|
ZJK
|
0.025
|
BMO Floating Rate
High Yield ETF
|
ZFH
|
0.263
|
BMO Emerging Markets
Bond Hedged to CAD Index ETF
|
ZEF
|
0
|
BMO Laddered
Preferred Share Index ETF
|
ZPR
|
0
|
BMO US Preferred
Share Index ETF
|
ZUP
|
0
|
BMO US Preferred
Share Index ETF (US Dollar Units)
|
ZUP.U
|
0
|
BMO US Preferred
Share Hedged to CAD Index ETF
|
ZHP
|
0
|
BMO Monthly Income
ETF
|
ZMI
|
0.176
|
BMO Canadian High
Dividend Covered Call ETF
|
ZWC
|
0
|
BMO Covered Call
Canadian Banks ETF
|
ZWB
|
0.395
|
BMO Covered Call
Utilities ETF
|
ZWU
|
0
|
BMO Covered Call Dow
Jones Industrial Average Hedged to CAD ETF
|
ZWA
|
0
|
BMO US High Dividend
Covered Call ETF
|
ZWH
|
0
|
BMO US High Dividend
Covered Call ETF (US Dollar Units)
|
ZWH.U
|
0
|
BMO Europe High
Dividend Covered Call Hedged to CAD ETF
|
ZWE
|
0.54
|
BMO US Put Write
ETF
|
ZPW
|
0
|
BMO US Put Write ETF
(US Dollar Units)
|
ZPW.U
|
0
|
BMO US Put Write
Hedged to CAD ETF
|
ZPH
|
0
|
BMO S&P/TSX
Capped Composite Index ETF
|
ZCN
|
0.113
|
BMO Canadian Dividend
ETF
|
ZDV
|
0
|
BMO Low Volatility
Canadian Equity ETF
|
ZLB
|
0.802
|
BMO MSCI Canada Value
Index ETF
|
ZVC
|
0.046
|
BMO Dow Jones
Industrial Average Hedged to CAD Index ETF
|
ZDJ
|
0
|
BMO S&P 500 Index
ETF
|
ZSP
|
0.342
|
BMO S&P 500 Index
ETF (US Dollar Units)
|
ZSP.U
|
0
|
BMO S&P 500
Hedged to CAD Index ETF
|
ZUE
|
0.018
|
BMO MSCI USA High
Quality Index ETF
|
ZUQ
|
0.346
|
BMO US Dividend
ETF
|
ZDY
|
1.298
|
BMO US Dividend ETF
(US Dollar Units)
|
ZDY.U
|
1.001
|
BMO US Dividend
Hedged to CAD ETF
|
ZUD
|
0.586
|
BMO Low Volatility US
Equity ETF
|
ZLU
|
0.596
|
BMO Low Volatility US
Equity ETF (US Dollar Units)
|
ZLU.U
|
0.501
|
BMO Low Volatility US
Equity Hedged to CAD ETF
|
ZLH
|
0
|
BMO Shiller Select US
Index ETF
|
ZEUS
|
1.116
|
BMO MSCI USA Value
Index ETF
|
ZVU
|
0.335
|
BMO MSCI EAFE Index
ETF
|
ZEA
|
0.016
|
BMO MSCI EAFE Hedged
to CAD Index ETF
|
ZDM
|
0.717
|
BMO International
Dividend ETF
|
ZDI
|
0.138
|
BMO International
Dividend Hedged to CAD ETF
|
ZDH
|
0.883
|
BMO Low Volatility
International Equity ETF
|
ZLI
|
0.565
|
BMO Low Volatility
International Equity Hedged to CAD ETF
|
ZLD
|
1.215
|
BMO MSCI Europe High
Quality Hedged to CAD Index ETF
|
ZEQ
|
0.321
|
BMO MSCI EAFE Value
Index ETF
|
ZVI
|
0.289
|
BMO MSCI Emerging
Markets Index ETF
|
ZEM
|
0.106
|
BMO Low Volatility
Emerging Markets Equity ETF
|
ZLE
|
0.125
|
BMO MSCI All Country
World High Quality Index ETF
|
ZGQ
|
0.228
|
BMO China Equity
Index ETF
|
ZCH
|
1.124
|
BMO India Equity
Index ETF
|
ZID
|
1.06
|
BMO Equal Weight
Banks Index ETF
|
ZEB
|
0.044
|
BMO Equal Weight Oil
& Gas Index ETF
|
ZEO
|
0
|
BMO Equal Weight
Utilities Index ETF
|
ZUT
|
0.138
|
BMO Equal Weight
REITs Index ETF
|
ZRE
|
0.59
|
BMO Equal Weight
Industrials Index ETF
|
ZIN
|
1.146
|
BMO Nasdaq 100 Equity
Hedged to CAD Index ETF
|
ZQQ
|
0
|
BMO Equal Weight US
Health Care Hedged to CAD Index ETF
|
ZUH
|
2.48
|
BMO Equal Weight US
Banks Index ETF
|
ZBK
|
0.879
|
BMO Equal Weight US
Banks Hedged to CAD Index ETF
|
ZUB
|
0.426
|
BMO Global
Infrastructure Index ETF
|
ZGI
|
0.357
|
BMO Equal Weight
Global Base Metals Hedged to CAD Index ETF
|
ZMT
|
0
|
BMO Equal Weight
Global Gold Index ETF
|
ZGD
|
0
|
BMO Global Banks
Hedged to CAD Index ETF
|
BANK
|
0.077
|
BMO Global Insurance
Hedged to CAD Index ETF
|
INSR
|
0.365
|
BMO Global Consumer
Discretionary Hedged to CAD Index ETF
|
DISC
|
0.027
|
BMO Global Consumer
Staples Hedged to CAD Index ETF
|
STPL
|
0
|
BMO Junior Gold Index
ETF
|
ZJG
|
0
|
BMO Junior Oil Index
ETF
|
ZJO
|
0
|
BMO Junior Gas Index
ETF
|
ZJN
|
0
|
BMO US High Dividend
Covered Call Hedged to CAD ETF
|
ZWS
|
0
|
BMO Europe High
Dividend Covered Call ETF
|
ZWP
|
0
|
BMO Short-Term Bond
Index ETF
|
ZSB
|
0
|
BMO Government Bond
Index ETF
|
ZGB
|
0
|
BMO Corporate Bond
Index ETF
|
ZCB
|
0
|
BMO Global
Communications Index ETF
|
COMM
|
0.057
|
BMO Core Plus Bond
Fund – ETF Series
|
ZCPB
|
0
|
BMO Global
Multi-Sector Bond Fund – ETF Series
|
ZMSB
|
0.085
|
BMO Global Strategic
Bond Fund – ETF Series
|
ZGSB
|
0
|
BMO Women In
Leadership Fund – ETF Series
|
WOMN
|
0.597
|
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.
2 Forward-looking information: This notice contains
forward-looking statements with respect to the estimated annual
distributions for the ETFs. By their nature, these forward-looking
statements involve risks and uncertainties that could cause the
actual distributions to differ materially from those contemplated
by the forward-looking statements. Material factors that could
cause the actual distributions to differ from the estimated
distributions include, but are not limited to: the actual amounts
of distributions received by the ETFs; portfolio transactions; and
subscription and redemption activity.
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 and ZSP.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.
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.
Shiller Barclays CAPE® US Single Stock Index is the intellectual
property of Barclays Bank PLC and has been licensed for use in
connection with ZEUS. ZEUS is not sponsored, endorsed, sold or
promoted by Barclays Bank PLC or any of its affiliates. Neither
Barclays Bank PLC nor any of its affiliates make any
representations or warranties to holders of ZEUS or any member of
the public regarding the advisability of investing in ZEUS.
Nasdaq®, OMX®, NASDAQ OMX®, Nasdaq-100®, and Nasdaq-100 Index®,
are registered trademarks of The NASDAQ OMX Group, Inc. (which with
its affiliates is referred to as the "Corporations") and are
licensed for use by BMO Asset Management Inc. The BMO Nasdaq 100
Equity Hedged to CAD Index ETF has not been passed on by the
Corporations as to its 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.
®/™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. and BMO's specialized investment management firms.
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. 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)
Established in
May 2009, BMO Financial Group's ETF
business is a leading ETF provider in Canada. BMO ETFs and ETF Series of the BMO
Mutual Funds provide Canadian investors with broader choices and
greater access to an innovative portfolio of investment
products.
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
$765 billion as of July 31, 2018, 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