OREANDA-NEWS. BMO Asset Management Inc. ("BMO AM") today announced the May 2016 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 26, 2016, will receive cash distributions payable on June 6, 2016.

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   0.022
BMO Mid Federal Bond Index ETF ZFM   0.032
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   0.037
BMO Long Provincial Bond Index ETF ZPL   0.046
BMO Short Corporate Bond Index ETF ZCS   0.041
BMO Mid Corporate Bond Index ETF ZCM   0.043
BMO Long Corporate Bond Index ETF ZLC   0.065
BMO Aggregate Bond Index ETF ZAG   0.040
BMO Discount Bond Index ETF ZDB   0.025
BMO Real Return Bond Index ETF ZRR   0.025
BMO Floating Rate High Yield ETF ZFH   0.060
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   0.052
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   0.025
BMO Mid-Term US IG Corporate Bond Hedged to CAD Index ETF ZMU   0.041
BMO Ultra Short-Term Bond ETF ZST   0.176
BMO S&P/TSX Equal Weight Banks Index ETF ZEB   0.072
BMO Equal Weight Utilities Index ETF ZUT   0.055
BMO Equal Weight REITs Index ETF ZRE   0.088
BMO Monthly Income ETF ZMI   0.050
BMO Covered Call Canadian Banks ETF ZWB   0.078
BMO Covered Call Utilities ETF ZWU   0.078
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   0.100
BMO Canadian Dividend ETF ZDV   0.055
BMO Laddered Preferred Share Index ETF ZPR   0.045
BMO US Dividend Hedged to CAD ETF ZUD   0.048
BMO US Dividend ETF ZDY   0.062
BMO US Dividend ETF (U.S. Dollar Units) ZDY.U   0.048
BMO International Dividend ETF ZDI   0.082
BMO US Put Write ETF ZPW   0.120
BMO US Put Write ETF (US Dollar Units) ZPW.U   0.120
BMO International Dividend Hedged to CAD ETF ZDH   0.075
BMO Europe High Dividend Covered Call Hedged to CAD ETF ZWE   0.120

*BMO ETFs are administered and managed by BMO Asset Management Inc., 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") and "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. The Index is a product of S&P Dow Jones Indices LLC and has been licensed for use by 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).

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, BMO Financial Group is a highly diversified financial services provider based in North America. With total assets of $699 billion as of January 31, 2016, and close to 47,000 employees, BMO provides a broad range of retail 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.