OREANDA-NEWS. December 21, 2015. BMO Asset Management Inc. ("BMO AM") today announced the 2015 annual reinvested distributions for BMO Exchange Traded Funds (ETFs)*. These annual reinvested distributions generally represent realized capital gains within the ETFs or special dividends received by the ETFs.

Unitholders of record at close of business on December 30, 2015 will receive the 2015 reinvested distributions. The actual taxable amounts, including the tax characteristics, will be reported in early 2016.

Please note that the cash distributions will be reported separately and may be applicable for some ETFs making annual reinvested distributions.

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

BMO ETF
Ticker		 Estimated
Reinvested
Distribution
(\\$)
BMO Short Federal Bond Index ETF ZFS 0.00
BMO Mid Federal Bond Index ETF ZFM 0.00
BMO Long Federal Bond Index ETF ZFL 0.00
BMO Short Provincial Bond Index ETF ZPS 0.00
BMO Mid Provincial Bond Index ETF ZMP 0.00
BMO Long Provincial Bond Index ETF ZPL 0.00
BMO Short Corporate Bond Index ETF ZCS 0.00
BMO Mid Corporate Bond Index ETF ZCM 0.08
BMO Long Corporate Bond Index ETF ZLC 0.00
BMO Aggregate Bond Index ETF ZAG 0.00
BMO Discount Bond Index ETF ZDB 0.04
BMO Real Return Bond Index ETF ZRR 0.03
BMO Floating Rate High Yield ETF ZFH 0.00
BMO High Yield US Corporate Bond Hedged to CAD Index ETF ZHY 0.00
BMO Emerging Markets Bond Hedged to CAD Index ETF ZEF 0.00
BMO Mid-Term US IG Corporate Bond Index ETF ZIC 0.42
BMO Mid-Term US IG Corporate Bond Index ETF (U.S. Dollar Units) ZIC.U 0.36
BMO Short-Term US IG Corporate Bond Hedged to CAD Index ETF ZSU 0.00
BMO Mid-Term US IG Corporate Bond Hedged to CAD Index ETF ZMU 0.00
BMO Ultra Short-Term Bond ETF ZST 0.00
BMO S&P/TSX Equal Weight Banks Index ETF ZEB 0.36
BMO Equal Weight Utilities Index ETF ZUT 0.00
BMO Equal Weight REITs Index ETF ZRE 0.00
BMO Monthly Income ETF ZMI 0.00
BMO Covered Call Canadian Banks ETF ZWB 0.13
BMO Covered Call Utilities ETF ZWU 0.00
BMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF ZWA 0.00
BMO US High Dividend Covered Call ETF ZWH 0.00
BMO US High Dividend Covered Call ETF (U.S. Dollar Units) ZWH.U 0.23
BMO Canadian Dividend ETF ZDV 0.07
BMO Laddered Preferred Share Index ETF ZPR 0.00
BMO US Dividend Hedged to CAD ETF ZUD 0.00
BMO US Dividend ETF ZDY 0.98
BMO US Dividend ETF (U.S. Dollar Units) ZDY.U 0.96
BMO International Dividend ETF ZDI 0.04
BMO US Put Write ETF ZPW 0.00
BMO US Put Write ETF (US Dollar Units) ZPW.U 0.00
BMO International Dividend Hedged to CAD ETF ZDH 0.00
BMO Europe High Dividend Covered Call Hedged to CAD ETF ZWE 0.26
BMO S&P/TSX Capped Composite Index ETF ZCN 0.00
BMO S&P 500 Hedged to CAD Index ETF ZUE 0.00
BMO Dow Jones Industrial Average Hedged to CAD Index ETF ZDJ 0.04
BMO S&P/TSX Equal Weight Oil & Gas Index ETF ZEO 0.00
BMO MSCI EAFE Hedged to CAD Index ETF ZDM 0.53
BMO MSCI EAFE Index ETF ZEA 0.35
BMO MSCI Europe High Quality Hedged to CAD Index ETF ZEQ 0.00
BMO Global Infrastructure Index ETF ZGI 1.05
BMO Equal Weight U.S. Banks Hedged to CAD Index ETF ZUB 0.00
BMO Equal Weight U.S. Banks Index ETF ZBK 0.12
BMO Low Volatility Canadian Equity ETF ZLB 0.82
BMO S&P 500 Index ETF ZSP 0.19
BMO S&P 500 Index ETF (U.S. Dollar Units) ZSP.U 0.09
BMO S&P/TSX Equal Weight Industrials Index ETF ZIN 0.00
BMO Low Volatility US Equity ETF ZLU 0.32
BMO Low Volatility US Equity ETF (U.S. Dollar Units) ZLU.U 0.23
BMO Equity Linked Corporate Bond ETF ZEL 0.08
BMO MSCI USA High Quality Index ETF ZUQ 0.39
BMO MSCI All Country World High Quality Index ETF ZGQ 0.39
BMO Low Volatility International Equity ETF ZLI 0.00
BMO Junior Gold Index ETF ZJG 0.00
BMO Junior Oil Index ETF ZJO 0.00
BMO Junior Gas Index ETF ZJN 0.00
BMO MSCI Emerging Markets Index ETF ZEM 0.00
BMO China Equity Index ETF ZCH 1.44
BMO India Equity Index ETF ZID 0.10
BMO NASDAQ 100 Equity Hedged to CAD Index ETF ZQQ 0.00
BMO Equal Weight U.S. Health Care Hedged to CAD Index ETF ZUH 0.13
BMO S&P/TSX Equal Weight Global Base Metals Hedged to CAD Index ETF ZMT 0.00
BMO S&P/TSX Equal Weight Global Gold Index ETF ZGD 0.00

*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® and S&P 500® are registered trademarks of Standard & Poor's Financial Services LLC, Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC, and TSX is a trademark of TSX Inc. These and other associated trademarks and/or service marks have been licensed for use by BMO Asset Management Inc. The indices underlying the ZEB, ZUT, ZRE, ZWA, ZCN, ZEO, ZUE, ZSP, ZSP.U, ZIN, ZMT and ZGD BMO ETFs are products of S&P Dow Jones Indices LLC and have been licensed for use by BMO Asset Management Inc. None of the BMO ETFs are not sponsored, endorsed, sold or promoted by any of its aforementioned trademark owners and the related index providers or their respective affiliates or their third party licensors and these entities make no representation, warranty or condition regarding the advisability of buying, selling or holding units in the BMO ETFs.

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 ZDJ. ZDJ 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).

BNY Mellon, BNY Mellon ADR Index and BNY Mellon DR Index are service marks of The Bank of New York Mellon. These and other associated trademarks and /or services marks have been licensed for use by BMO Asset Management Inc. for use with certain BMO Asset Management Exchanged Traded Funds ("BMO ETFs"). BNY Mellon provides no advice nor recommendations regarding products based on any index licensed by BNY Mellon, including the BMO ETFs and none of the BMO ETFs are sponsored, endorsed, sold or promoted by BNY Mellon, or its respective affiliates, or third partly licensors, and BNY Mellon makes no representations, warrant, or condition regarding the advisability of buying, selling or holding units in the BMO ETFs

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.

The funds or securities referred to herein are not sponsored, endorsed or promoted by MSCI, and MSCI bears no liability with respect to any such funds or securities or any index on which such funds or securities are based. The prospectus contains a more detailed description of the limited relationship MSCI has with BMO Asset Management Inc. and any related funds.

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, BMO Financial Group is a highly diversified financial services provider based in North America. With total assets of approximately \\$642 billion as of October 31, 2015, 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.