BMO Global Asset Management Announces Cash and Reinvested Distributions for Certain BMO ETFs and ETF Series of BMO Mutual Funds for March 2023

TORONTO, March 22, 2023 /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 March 2023 cash distributions for unitholders of BMO ETFs and unitholders of ETF Series units of the BMO Mutual Funds (ETF Series) that distribute monthly and quarterly, as set out in the table below. Unitholders of record of the BMO ETFs and ETF Series at the close of business on March 30, 2023 will receive cash or reinvested distributions payable on April 4, 2023.

Unitholders of record of ETF Series of BMO Money Market Fund (TSX: ZMMK) at the close of business on March 29, 2023 will receive cash distributions payable on April 4, 2023.

The ex-dividend date and record date for ZMMK is March 29, 2023.

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

Monthly Distributions

FUND NAME TICKER CASH
DISTRIBUTION
PER UNIT BMO Aggregate Bond Index ETF ZAG $0.040 BMO Canadian Dividend ETF ZDV $0.070 BMO Canadian High Dividend Covered Call ETF ZWC $0.110 BMO Canadian MBS Index ETF ZMBS $0.040 BMO Covered Call Canadian Banks ETF ZWB $0.120 BMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF ZWA $0.130 BMO Covered Call Technology ETF ZWT $0.120 BMO Covered Call US Banks ETF ZWK $0.170 BMO Covered Call Utilities ETF ZWU $0.080 BMO Discount Bond Index ETF ZDB $0.030 BMO Emerging Markets Bond Hedged to CAD Index ETF ZEF $0.045 BMO Equal Weight Banks Index ETF ZEB $0.140 BMO Equal Weight REITs Index ETF ZRE $0.090 BMO Equal Weight Utilities Index ETF ZUT $0.075 BMO ESG High Yield US Corporate Bond Index ETF ESGH $0.120 BMO ESG High Yield US Corporate Bond Index ETF (Hedged Units) ESGH.F $0.110 BMO Europe High Dividend Covered Call ETF ZWP $0.105 BMO Europe High Dividend Covered Call Hedged to CAD ETF ZWE $0.120 BMO Floating Rate High Yield ETF ZFH $0.060 BMO High Yield US Corporate Bond Hedged to CAD Index ETF ZHY $0.060 BMO High Yield US Corporate Bond Index ETF ZJK $0.090 BMO High Yield US Corporate Bond Index ETF (USD Units)* ZJK.U $0.085 BMO International Dividend ETF ZDI $0.080 BMO International Dividend Hedged to CAD ETF ZDH $0.090 BMO Laddered Preferred Share Index ETF ZPR $0.045 BMO Long Corporate Bond Index ETF ZLC $0.065 BMO Long Federal Bond Index ETF ZFL $0.040 BMO Long Provincial Bond Index ETF ZPL $0.045 BMO Mid Corporate Bond Index ETF ZCM $0.050 BMO Mid Federal Bond Index ETF ZFM $0.028 BMO Mid Provincial Bond Index ETF ZMP $0.034 BMO Mid-Term US IG Corporate Bond Hedged to CAD Index ETF ZMU $0.045 BMO Mid-Term US IG Corporate Bond Index ETF ZIC $0.055 BMO Mid-Term US IG Corporate Bond Index ETF (USD Units)* ZIC.U $0.042 BMO Monthly Income ETF ZMI $0.070 BMO Premium Yield ETF ZPAY $0.160 BMO Premium Yield ETF (Hedged Units) ZPAY.F $0.160 BMO Premium Yield ETF (USD Units)* ZPAY.U $0.160 BMO Real Return Bond Index ETF ZRR $0.100 BMO Short Corporate Bond Index ETF ZCS $0.038 BMO Short Federal Bond Index ETF ZFS $0.022 BMO Short Provincial Bond Index ETF ZPS $0.030 BMO Short-Term US IG Corporate Bond Hedged to CAD Index ETF ZSU $0.035 BMO Ultra Short-Term Bond ETF ZST $0.190 BMO Ultra Short-Term US Bond ETF (USD Units)* ZUS.U $0.210 BMO US Dividend ETF ZDY $0.080 BMO US Dividend ETF (USD Units)* ZDY.U $0.065 BMO US Dividend Hedged to CAD ETF ZUD $0.060 BMO US High Dividend Covered Call ETF ZWH $0.110 BMO US High Dividend Covered Call ETF (USD Units)* ZWH.U $0.115 BMO US High Dividend Covered Call Hedged to CAD ETF ZWS $0.100 BMO US Preferred Share Hedged to CAD Index ETF ZHP $0.110 BMO US Preferred Share Index ETF ZUP $0.110 BMO US Preferred Share Index ETF (USD Units)* ZUP.U $0.110 BMO US Put Write ETF ZPW $0.095 BMO US Put Write ETF (USD Units)* ZPW.U $0.095 BMO US Put Write Hedged to CAD ETF ZPH $0.100 BMO Global High Dividend Covered Call ETF ZWG $0.180 BMO Covered Call Canadian Banks ETF (USD Units)* ZWB.U $0.150 BMO Laddered Preferred Share Index ETF (USD Units)* ZPR.U $0.075 BMO Monthly Income ETF (USD Units)* ZMI.U $0.110 BMO Balanced ETF (Fixed Percentage Distribution Units) ZBAL.T $0.135 BMO Money Market Fund (ETF Series) ZMMK $0.210 BMO Covered Call Energy ETF ZWEN $0.210 BMO Covered Call Health Care ETF ZWHC $0.160 BMO US Aggregate Bond Index ETF ZUAG $0.050 BMO US Aggregate Bond Index ETF (Hedged Units) ZUAG.F $0.050 BMO US Aggregate Bond Index ETF (USD Units)* ZUAG.U $0.050 BMO Growth ETF (Fixed Percentage Distribution Units) ZGRO.T $0.150

Quarterly Distributions

FUND NAME TICKER CASH
DISTRIBUTION
PER UNIT BMO Global Infrastructure Index ETF ZGI $0.350 BMO Equal Weight US Banks Hedged to CAD Index ETF ZUB $0.180 BMO Equal Weight US Banks Index ETF ZBK $0.190 BMO Equal Weight Industrials Index ETF ZIN $0.160 BMO Equal Weight Oil & Gas Index ETF ZEO $0.750 BMO MSCI All Country World High Quality Index ETF ZGQ $0.190 BMO MSCI Europe High Quality Hedged to CAD Index ETF ZEQ $0.180 BMO Low Volatility International Equity Hedged to CAD ETF ZLD $0.170 BMO Low Volatility International Equity ETF ZLI $0.160 BMO MSCI EAFE Hedged to CAD Index ETF ZDM $0.200 BMO MSCI EAFE Index ETF ZEA $0.160 BMO Tactical Dividend ETF Fund (ETF Series) ZZZD $0.300 BMO MSCI USA Value Index ETF ZVU $0.180 BMO Low Volatility US Equity Hedged to CAD ETF ZLH $0.190 BMO Low Volatility US Equity ETF (USD Units)* ZLU.U $0.200 BMO Low Volatility US Equity ETF ZLU $0.270 BMO MSCI USA High Quality Index ETF ZUQ $0.150 BMO S&P 500 Hedged to CAD Index ETF ZUE $0.220 BMO S&P 500 Index ETF (USD Units)* ZSP.U $0.180 BMO S&P 500 Index ETF ZSP $0.230 BMO Dow Jones Industrial Average Hedged to CAD Index ETF ZDJ $0.230 BMO MSCI Canada Value Index ETF ZVC $0.220 BMO Low Volatility Canadian Equity ETF ZLB $0.280 BMO S&P/TSX Capped Composite Index ETF ZCN $0.230 BMO Growth ETF ZGRO $0.220 BMO Balanced ETF ZBAL $0.220 BMO Conservative ETF ZCON $0.220 BMO Corporate Bond Index ETF ZCB $0.450 BMO Long-Term US Treasury Bond Index ETF (USD Units)* ZTL.U $0.350 BMO Long-Term US Treasury Bond Index ETF ZTL $0.350 BMO Mid-Term US Treasury Bond Index ETF (USD Units)* ZTM.U $0.250 BMO Mid-Term US Treasury Bond Index ETF ZTM $0.250 BMO Short-Term US Treasury Bond Index ETF (USD Units)* ZTS.U $0.230 BMO Short-Term US Treasury Bond Index ETF ZTS $0.230 BMO Government Bond Index ETF ZGB $0.310 BMO Global Strategic Bond Fund (ETF Series) ZGSB $0.300 BMO Sustainable Global Multi-Sector Bond Fund (ETF Series) ZMSB $0.250 BMO Core Plus Bond Fund (ETF Series) ZCPB $0.200 BMO Short-Term Bond Index ETF ZSB $0.300 BMO Global Communications Index ETF COMM $0.120 BMO Global Consumer Staples Hedged to CAD Index ETF STPL $0.140 BMO Global Consumer Discretionary Hedged to CAD Index ETF DISC $0.090 BMO ESG Corporate Bond Index ETF ESGB $0.240 BMO ESG US Corporate Bond Hedged to CAD Index ETF ESGF $0.250 BMO MSCI Canada ESG Leaders Index ETF ESGA $0.250 BMO MSCI EAFE ESG Leaders Index ETF ESGE $0.230 BMO MSCI Global ESG Leaders Index ETF ESGG $0.150 BMO MSCI USA ESG Leaders Index ETF ESGY $0.130 BMO Balanced ESG ETF ZESG $0.180 BMO BBB Corporate Bond Index ETF ZBBB $0.240 BMO High Quality Corporate Bond Index ETF ZQB $0.210 BMO S&P US Mid Cap Index ETF ZMID $0.150 BMO S&P US Mid Cap Index ETF (USD Units)* ZMID.U $0.150 BMO S&P US Mid Cap Index ETF (Hedged Units) ZMID.F $0.150 BMO S&P US Small Cap Index ETF ZSML $0.130 BMO S&P US Small Cap Index ETF (USD Units)* ZSML.U $0.130 BMO S&P US Small Cap Index ETF (Hedged Units) ZSML.F $0.130 BMO Long-Term US Treasury Bond Index ETF (Hedged Units) ZTL.F $0.290 BMO MSCI USA High Quality Index ETF (USD Units)* ZUQ.U $0.100 BMO MSCI USA High Quality Index ETF (Hedged Units) ZUQ.F $0.100 BMO Short-Term US TIPS Index ETF ZTIP $0.500 BMO Short-Term US TIPS Index ETF (Hedged Units) ZTIP.F $0.500 BMO Short-Term US TIPS Index ETF (USD Units)* ZTIP.U $0.500 BMO MSCI USA ESG Leaders Index ETF (Hedged Units) ESGY.F $0.120 BMO Japan Index ETF ZJPN $0.160 BMO Japan Index ETF (Hedged Units) ZJPN.F $0.180 BMO MSCI ACWI Paris Aligned Climate Equity Index ETF ZGRN $0.130 BMO Short-Term Discount Bond ETF ZSDB $0.130 BMO Corporate Discount Bond ETF ZCDB $0.170 BMO Canadian Bank Income Index ETF ZBI $0.230 BMO All-Equity ETF ZEQT $0.220 BMO Brookfield Global Renewables Infrastructure Fund (ETF Series) GRNI $0.160 BMO Brookfield Global Real Estate Tech Fund (ETF Series) TOWR $0.120 BMO Global Agriculture ETF ZEAT $0.120 BMO Short-Term US TIPS Index ETF TIPS $0.520 BMO Short-Term US TIPS Index ETF (Hedged Units) TIPS.F $0.520 BMO Short-Term US TIPS Index ETF (USD Units)* TIPS.U $0.520

Quarterly Distributions - Automatically Reinvested

The following quarterly cash distributions, if any, are distributed and automatically reinvested in additional Accumulating Units of the applicable BMO ETF, which are consolidated immediately.

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FUND NAME TICKER REINVESTED
DISTRIBUTION
PER UNIT ($) BMO Short Corporate Bond Index ETF (Accumulating Units) ZCS.L $0.190 BMO Short Federal Bond Index ETF (Accumulating Units) ZFS.L $0.100 BMO Short Provincial Bond Index ETF (Accumulating Units) ZPS.L $0.160 BMO Ultra Short-Term Bond ETF (Accumulating Units) ZST.L $0.650 BMO Ultra Short-Term US Bond ETF (USD Accumulating Units) ZUS.V $0.700

*Cash distribution per unit ($) amounts are USD for ZJK.U, ZIC.U, ZPAY.U, ZUS.U, ZDY.U, ZWH.U, ZUP.U, ZPW.U, ZWB.U, ZPR.U, ZMI.U, ZUAG.U, ZLU.U, ZSP.U, ZTL.U, ZTM.U, ZTS.U, ZMID.U, ZSML.U, ZUQ.U, ZTIP.U, and TIPS.U. [Add ZUS.V.] [Suggest putting these in the same order as they will be listed in the tables above.]

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

The Index is a product of S&P Dow Jones Indices LLC or its affiliates ("SPDJI"),and has been licensed for use by BMO Asset Management Inc. S&P®, S&P 500®, US 500, The 500, iBoxx®, iTraxx® and CDX® are trademarks of S&P Global, Inc. or its affiliates ("S&P") and Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"), and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by the Manager. The ETF is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the Index.

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.

BMO Global Asset Management is a brand name under which BMO Asset Management Inc. and BMO Investments Inc. operate.

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. The indicated rates of return are the historical compounded total returns including changes in share or unit value and the reinvestment of all dividends or distributions and do not take into account the sales, redemption, distribution, optional charges or income tax payable by the unitholder that would have reduced returns 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.

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.

®/™Registered trademarks/trademark of Bank of Montreal, used under licence.

About BMO Exchange Traded Funds (ETFs) BMO Exchange Traded Funds has been an ETF provider in Canada for more than 12 years, with over 100 strategies, over 25 per cent market share in Canada1, and $87.6 billion in assets under management. 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 active mutual funds.

1Morningstar, December 2022

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 $1.15 trillion as of January 31, 2023, 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 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 Cision

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