BMO Asset Management Inc. and BMO Investments Inc. today announced the estimated 2024 annual reinvested distributions for BMO Exchange Traded Funds (BMO ETFs) or ETF Series of 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 onDecember 30, 2024,will receive the 2024 annual reinvested distributions. The final year-end distribution amounts, as well as the ongoing cash distribution amounts, are expected to be announced onor about December 18, 2024. The actual taxable amounts, including the tax characteristics, will be reported in 2025.
Please note that these are estimated annual reinvested distributions only and have been calculated based upon forward-looking information as ofSeptember 30, 20242. 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:
FUND NAME TICKER ESTIMATED
REINVESTED
DISTRIBUTION
($)
BMO Long Short Canadian Equity ETF ZLSC 0.000
BMO Long Short US Equity ETF ZLSU 0.748
BMO Aggregate Bond Index ETF ZAG 0.000
BMOBBB Corporate Bond Index ETF ZBBB 0.000
BMO Canadian Bank Income Index ETF ZBI 0.000
BMO Canadian MBS Index ETF ZMBS 0.000
BMO Clean Energy Index ETF ZCLN 0.000
BMO Corporate Bond Index ETF ZCB 0.000
BMO Discount Bond Index ETF ZDB 0.000
BMO Dow Jones Industrial Average Hedged to CAD Index ETF ZDJ 0.000
BMO Emerging Markets Bond Hedged to CAD Index ETF ZEF 0.000
BMO Equal Weight Banks Index ETF ZEB 0.000
BMO Equal Weight Global Base Metals Hedged to CAD Index ETF ZMT 0.000
BMO Equal Weight Global Gold Index ETF ZGD 3.443
BMO Equal Weight Industrials Index ETF ZIN 1.527
BMO Equal Weight Oil & Gas Index ETF ZEO 0.000
BMO Equal Weight REITs Index ETF ZRE 0.979
BMO Equal Weight US Banks Hedged to CAD Index ETF ZUB 0.000
BMO Equal Weight US Banks Index ETF ZBK 0.000
BMO Equal Weight US Health Care Hedged to CAD Index ETF ZUH 0.000
BMO Equal Weight US Health Care Index ETF ZHU 0.000
BMO Equal Weight Utilities Index ETF ZUT 0.000
BMO ESG Corporate Bond Index ETF ESGB 0.000
BMO ESG High Yield US Corporate Bond Index ETF ESGH 0.000
BMO ESG High Yield US Corporate Bond Index ETF (Hedged Units) ESGH.F 0.000
BMO ESG US Corporate Bond Hedged to CAD Index ETF ESGF 0.000
BMO Global Communications Index ETF COMM 0.412
BMO Global Consumer Discretionary Hedged to CAD Index ETF DISC 0.332
BMO Global Consumer Staples Hedged to CAD Index ETF STPL 0.000
BMO Global Infrastructure Index ETF ZGI 0.000
BMO Government Bond Index ETF ZGB 0.000
BMO High Quality Corporate Bond Index ETF ZQB 0.000
BMO High Yield US Corporate Bond Hedged to CAD Index ETF ZHY 0.000
BMO High Yield US Corporate Bond Index ETF ZJK 0.000
BMO High Yield US Corporate Bond Index ETF (USD Units)* ZJK.U 0.000
BMO Japan Index ETF ZJPN 0.000
BMO Japan Index ETF (Hedged Units) ZJPN.F 0.000
BMO Junior Gold Index ETF ZJG 0.000
BMO Laddered Preferred Share Index ETF ZPR 0.000
BMO Laddered Preferred Share Index ETF (USD Units)* ZPR.U 0.000
BMO Long Corporate Bond Index ETF ZLC 0.000
BMO Long Federal Bond Index ETF ZFL 0.000
BMO Long Provincial Bond Index ETF ZPL 0.000
BMO Long-Term US Treasury Bond Index ETF ZTL 0.000
BMO Long-Term US Treasury Bond Index ETF (Hedged Units) ZTL.F 0.000
BMO Long-Term US Treasury Bond Index ETF (USD Units)* ZTL.U 0.000
BMO Mid Corporate Bond Index ETF ZCM 0.000
BMO Mid Federal Bond Index ETF ZFM 0.000
BMO Mid Provincial Bond Index ETF ZMP 0.000
BMO Mid-Term US IG Corporate Bond Hedged to CAD Index ETF ZMU 0.000
BMO Mid-Term US IG Corporate Bond Index ETF ZIC 0.000
BMO Mid-Term US IG Corporate Bond Index ETF (USD Units)* ZIC.U 0.000
BMO Mid-Term US Treasury Bond Index ETF ZTM 0.000
BMO Mid-Term US Treasury Bond Index ETF (USD Units)* ZTM.U 0.000
BMO MSCI ACWI Paris Aligned Climate Equity Index ETF ZGRN 0.000
BMO MSCI All Country World High Quality Index ETF ZGQ 1.156
BMO MSCI Canada ESG Leaders Index ETF ESGA 0.000
BMO MSCI Canada Value Index ETF ZVC 0.208
BMO MSCI China ESG Leaders Index ETF ZCH 0.000
BMO MSCI EAFE ESG Leaders Index ETF ESGE 0.000
BMO MSCI EAFE Hedged to CAD Index ETF ZDM 0.000
BMO MSCI EAFE Index ETF ZEA 0.000
BMO MSCI Emerging Markets Index ETF ZEM 0.309
BMO MSCI Europe High Quality Hedged to CAD Index ETF ZEQ 0.000
BMO MSCI Global ESG Leaders Index ETF ESGG 0.000
BMO MSCI India ESG Leaders Index ETF ZID 0.000
BMO MSCI USA ESG Leaders Index ETF ESGY 0.007
BMO MSCI USA ESG Leaders Index ETF (Hedged Units) ESGY.F 0.000
BMO MSCI USA High Quality Index ETF ZUQ 0.000
BMO MSCI USA High Quality Index ETF (Hedged Units) ZUQ.F 0.000
BMO MSCI USA High Quality Index ETF (USD Units)* ZUQ.U 0.000
BMO MSCI USA Value Index ETF ZVU 0.363
BMO Nasdaq 100 Equity Hedged to CAD Index ETF ZQQ 4.222
BMO Nasdaq 100 Equity Index ETF ZNQ 0.206
BMO Nasdaq 100 Equity Index ETF (USD Units)* ZNQ.U 0.000
BMO Real Return Bond Index ETF ZRR 0.016
BMO S&P 500 Hedged to CAD Index ETF ZUE 0.161
BMO S&P 500 Index ETF ZSP 0.000
BMO S&P 500 Index ETF (USD Units)* ZSP.U 0.000
BMO S&P/TSX 60 Index ETF ZIU 0.000
BMO S&P/TSX Capped Composite Index ETF ZCN 0.000
BMO S&P US Mid Cap Index ETF ZMID 1.529
BMO S&P US Mid Cap Index ETF (Hedged Units) ZMID.F 0.682
BMO S&P US Mid Cap Index ETF (USD Units)* ZMID.U 1.135
BMO S&P US Small Cap Index ETF ZSML 0.000
BMO S&P US Small Cap Index ETF (Hedged Units) ZSML.F 0.000
BMO S&P US Small Cap Index ETF (USD Units)* ZSML.U 0.000
BMO Short Corporate Bond Index ETF ZCS 0.000
BMO Short Corporate Bond Index ETF (Accumulating Units) ZCS.L 0.220
BMO Short Federal Bond Index ETF ZFS 0.000
BMO Short Federal Bond Index ETF (Accumulating Units) ZFS.L 0.140
BMO Short Provincial Bond Index ETF ZPS 0.000
BMO Short Provincial Bond Index ETF (Accumulating Units) ZPS.L 0.140
BMO Short-Term Bond Index ETF ZSB 0.000
BMO Short-Term US IG Corporate Bond Hedged to CAD Index ETF ZSU 0.000
BMO Short-Term US TIPS Index ETF ZTIP 0.000
BMO Short-Term US TIPS Index ETF (Hedged Units) ZTIP.F 0.029
BMO Short-Term US TIPS Index ETF (USD Units)* ZTIP.U 0.041
BMO Short-Term US Treasury Bond Index ETF ZTS 0.000
BMO Short-Term US Treasury Bond Index ETF (USD Units)* ZTS.U 0.000
BMO US Aggregate Bond Index ETF ZUAG 0.000
BMO US Aggregate Bond Index ETF (Hedged Units) ZUAG.F 0.000
BMO US Aggregate Bond Index ETF (USD Units)* ZUAG.U 0.000
BMO US Preferred Share Hedged to CAD Index ETF ZHP 0.000
BMO US Preferred Share Index ETF ZUP 0.000
BMO US Preferred Share Index ETF (USD Units)* ZUP.U 0.000
BMO US TIPS Index ETF TIPS 0.360
BMO US TIPS Index ETF (Hedged Units) TIPS.F 0.531
BMO US TIPS Index ETF (USD Units)* TIPS.U 0.006
BMO All-Equity ETF ZEQT 0.201
BMO Balanced ESG ETF ZESG 0.339
BMO Balanced ETF ZBAL 0.174
BMO Balanced ETF (Fixed Percentage Distribution Units) ZBAL.T 0.020
BMO Canadian Banks Accelerator ETF ZEBA 0.000
BMO Canadian Dividend ETF ZDV 0.130
BMO Canadian High Dividend Covered Call ETF ZWC 0.000
BMO Conservative ETF ZCON 0.000
BMO Corporate Discount Bond ETF ZCDB 0.000
BMO Covered Call Canadian Banks ETF ZWB 0.000
BMO Covered Call Canadian Banks ETF (USD Units)* ZWB.U 0.000
BMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF ZWA 0.000
BMO Covered Call Energy ETF ZWEN 0.516
BMO Covered Call Health Care ETF ZWHC 0.000
BMO Covered Call Technology ETF ZWT 1.447
BMO Covered Call US Banks ETF ZWK 0.000
BMO Covered Call Utilities ETF ZWU 0.000
BMO Europe High Dividend Covered Call ETF ZWP 0.000
BMO Europe High Dividend Covered Call Hedged to CAD ETF ZWE 0.000
BMO Floating Rate High Yield ETF ZFH 0.000
BMO Global Agriculture ETF ZEAT 0.000
BMO Global High Dividend Covered Call ETF ZWG 1.231
BMO Gold Bullion ETF ZGLD 0.013
BMO Gold Bullion Hedged to CAD ETF ZGLH 0.321
BMO Gold Bullion ETF (USD Units)* ZGLD.U 0.006
BMO Growth ETF ZGRO 0.176
BMO Growth ETF (Fixed Percentage Distribution Units) ZGRO.T 0.000
BMO International Dividend ETF ZDI 0.000
BMO International Dividend Hedged to CAD ETF ZDH 0.025
BMO Low Volatility Canadian Equity ETF ZLB 0.415
BMO Low Volatility Emerging Markets Equity ETF ZLE 0.000
BMO Low Volatility International Equity ETF ZLI 0.000
BMO Low Volatility International Equity Hedged to CAD ETF ZLD 0.000
BMO Low Volatility US Equity ETF ZLU 0.142
BMO Low Volatility US Equity ETF (USD Units)* ZLU.U 0.313
BMO Low Volatility US Equity Hedged to CAD ETF ZLH 0.000
BMO Monthly Income ETF ZMI 0.283
BMO Monthly Income ETF (USD Units)* ZMI.U 0.469
BMO Premium Yield ETF ZPAY 0.956
BMO Premium Yield ETF (Hedged Units) ZPAY.F 0.834
BMO Premium Yield ETF (USD Units)* ZPAY.U 1.023
BMO Short-Term Discount Bond ETF ZSDB 0.218
BMO Ultra Short-Term Bond ETF ZST 0.042
BMO Ultra Short-Term Bond ETF (Accumulating Units) ZST.L 0.640
BMO Ultra Short-Term US Bond ETF (USD Units)* ZUS.U 0.000
BMO Ultra Short-Term US Bond ETF (USD Accumulating Units)* ZUS.V 0.720
BMO USD Cash Management ETF ZUCM 0.075
BMO USD Cash Management ETF (USD Units)* ZUCM.U 0.068
BMO US Dividend ETF ZDY 0.000
BMO US Dividend ETF (USD Units)* ZDY.U 0.000
BMO US Dividend Hedged to CAD ETF ZUD 0.000
BMO US Equity Accelerator Hedged to CAD ETF ZUEA 0.455
BMO US Equity Buffer Hedged to CAD ETF - January ZJAN 0.341
BMO US Equity Buffer Hedged to CAD ETF - April ZAPR 0.000
BMO US Equity Buffer Hedged to CAD ETF - July ZJUL 0.176
BMO US Equity Buffer Hedged to CAD ETF - October ZOCT 0.000
BMO US High Dividend Covered Call ETF ZWH 0.213
BMO US High Dividend Covered Call ETF (USD Units)* ZWH.U 0.173
BMO US High Dividend Covered Call Hedged to CAD ETF ZWS 0.000
BMO US Put Write ETF ZPW 0.000
BMO US Put Write ETF (USD Units)* ZPW.U 0.000
BMO US Put Write Hedged to CAD ETF ZPH 0.000
BMO Money Market Fund (ETF Series) ZMMK 0.000
BMO Core Plus Bond Fund (ETF Series) ZCPB 0.000
BMO Global Strategic Bond Fund (ETF Series) ZGSB 0.000
BMO Sustainable Global Multi-Sector Bond Fund (ETF Series) ZMSB 0.000
BMO ARK Genomic Revolution Fund ARKG 0.000
BMO ARK Innovation Fund ARKK 0.000
BMO ARK Next Generation Internet Fund ARKW 1.403
BMO Brookfield Global Real Estate Tech Fund (ETF Series) TOWR 0.000
BMO Brookfield Global Renewables Infrastructure Fund (ETF Series) GRNI 0.000
BMO Global Dividend Opportunities Fund (Active ETF Series) BGDV 3.329
BMO Global Enhanced Income Fund (ETF Series) ZWQT 0.549
BMO Global Equity Fund (Active ETF Series) BGEQ 2.933
BMO Global Health Care Fund (Active ETF Series) BGHC 0.000
BMO Global Infrastructure Fund (Active ETF Series) BGIF 0.104
BMO Global Innovators Fund (Active ETF Series) BGIN 0.197
BMO Global REIT Fund (Active ETF Series) BGRT 0.198
BMO SIA Focused Canadian Equity Fund (ETF Series) ZFC 0.000
BMO SIA Focused North American Equity Fund (ETF Series) ZFN 3.319
BMO Tactical Dividend ETF Fund (ETF Series) ZZZD 0.000
BMO U.S. All Cap Equity Fund (ETF Series) ZACE 0.000
BMO U.S. Equity Growth MFR Fund (ETF Series) ZUGE 0.919
BMO U.S. Equity Value MFR Fund (ETF Series) ZUVE 0.000
BMO Women in Leadership Fund (ETF Series) WOMN 0.000
*Estimated reinvested distribution per unit ($) amounts are USD for ZJK.U, ZPR.U, ZTL.U, ZIC.U, ZTM.U, ZUQ.U, ZNQ.U, ZSP.U, ZMID.U, ZSML.U, ZTIP.U, ZTS.U, ZUAG.U, ZUP.U, TIPS.U, ZWB.U, ZGLD.U, ZLU.U, ZMI.U, ZPAY.U, ZUS.U, ZUCM.U, ZDY.U, ZWH.U, ZPW.U, ZUS.V
1BMO 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 ofMontreal. 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 ofMontreal.
2Forward-looking information: This notice contains forward-looking statements with respect to the estimated annual distributions for the BMO ETFs and ETF Series of BMO Funds. 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.
Distribution estimates do not denote the yield a client may receive. All values are expressed in Canadian dollars, unless otherwise indicated. Totals may not sum due to rounding. The year-end distribution estimates are provided by BMO Global Asset Management (GAM) and are for information purposes only. They do not reflect final attributions for tax purposes. For more information, please obtain professional advice.
The Dow Jones Industrial Average Index CAD Hedged is a product of Dow JonesOpco, 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, ZIU, ZCN, ZSP, ZSP.U, ZMID, ZMID.F, ZMID.U, ZSML, ZSML.F, and ZSML.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.
NASDAQ®, and NASDAQ-100 Index® Hedged to CAD and BMO NASDAQ 100 Equity Index ETF, are registered trademarks of Nasdaq, Inc. (which with its affiliates is referred to as the “Corporations”) and are licensed for use by BMO Asset Management Inc. BMO Nasdaq 100 Equity Hedged to CAD Index ETF has not been passed on by the Corporations as to their 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 andBMO NASDAQ 100 Equity Index ETF (including USD Units).
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.
Further information about BMO ETFs and ETF Series of the BMO Mutual Funds can be found at www.bmoetfs.com.
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 applicable ETF Facts document or prospectus before investing. BMO ETFs and ETF Series of the BMO Mutual Funds 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. Units of the BMO ETFs and ETF Series securities of the BMO Mutual Funds may be bought and sold at market price on a stock exchange and brokerage commissions will reduce returns. Distributions are not guaranteed and are subject to change and/or elimination.
“BMO (M-bar roundel symbol)” is a registered trademark of Bank ofMontreal, used under licence.
About BMO Global Asset ManagementBMO Global Asset Management is a brand name under which BMO Asset Management Inc. and BMO Investments Inc. operate. Certain of the products and services offered under the brand name, BMO Global Asset Management, are designed specifically for various categories of investors inCanadaand may not be available to all investors.
About BMO Financial Group BMO Financial Group is the eighth largest bank inNorth Americaby assets, with total assets of$1.4 trillion as ofJuly 31, 2024. Serving customers for 200 years and counting, BMO is a diverse team of highly engaged employees providing a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services to 13 million customers acrossCanada,theUnited States, and in select markets globally. Driven by a single purpose, to Boldly Grow the Goodin business and life, BMO is committed to driving positive change in the world, and making progress for a thriving economy, sustainable future, and inclusive society.
SOURCE BMO Financial Group
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COMTEX_460216569/1005/2024-11-26T17:01:24