TORONTO, ONTARIO--(Marketwire - Nov 14, 2012) - BMO Financial Group today announced the estimated 2012 annual reinvested distributions for BMO Exchange Traded Funds (ETFs)(1). These annual reinvested distributions generally represent realized capital gains within the ETFs(2) or special dividends received by the ETFs and are paid to unitholders as required to ensure that the BMO ETFs are not liable for ordinary income tax.
Unitholders of record at close of business on December 28, 2012 will receive the 2012 annual reinvested distributions. The final year end distribution amounts, as well as the ongoing cash distribution amounts, will be announced on or about December 17, 2012. The actual taxable amounts, including the tax characteristics, will be reported in early 2013.
Please note that these are estimated annual reinvested distributions only and have been calculated based upon forward looking information(3) as of October 31, 2012. 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 Short Federal Bond Index ETF||ZFS||0.000000|
|BMO Mid Federal Bond Index ETF||ZFM||0.036658|
|BMO Long Federal Bond Index ETF||ZFL||0.033551|
|BMO Short Provincial Bond Index ETF||ZPS||0.000000|
|BMO Short Corporate Bond Index ETF||ZCS||0.000000|
|BMO Mid Corporate Bond Index ETF||ZCM||0.037613|
|BMO Long Corporate Bond Index ETF||ZLC||0.021667|
|BMO Aggregate Bond Index ETF||ZAG||0.012172|
|BMO Real Return Bond Index ETF||ZRR||0.075475|
|BMO High Yield US Corporate Bond Hedged to CAD Index ETF||ZHY||0.009142|
|BMO Emerging Markets Bond Hedged to CAD Index ETF||ZEF||0.094862|
|BMO S&P/TSX Capped Composite Index ETF||ZCN||0.000000|
|BMO S&P/TSX Equal Weight Banks Index ETF||ZEB||0.013664|
|BMO S&P/TSX Equal Weight Oil & Gas Index ETF||ZEO||0.000000|
|BMO Equal Weight Utilities Index ETF||ZUT||0.000000|
|BMO Equal Weight REITs Index ETF||ZRE||0.000000|
|BMO Junior Gold Index ETF||ZJG||0.000000|
|BMO Junior Oil Index ETF||ZJO||0.000000|
|BMO Junior Gas Index ETF||ZJN||0.000000|
|BMO Dow Jones Industrial Average Hedged to CAD Index ETF||ZDJ||0.338103|
|BMO S&P 500 Hedged to CAD Index ETF||ZUE||0.664474|
|BMO Nasdaq 100 Equity Hedged to CAD Index ETF||ZQQ||0.682472|
|BMO Equal Weight US Health Care Hedged to CAD Index ETF||ZUH||0.777255|
|BMO Equal Weight US Banks Hedged to CAD Index ETF||ZUB||0.000000|
|BMO International Equity Hedged to CAD Index ETF||ZDM||0.000000|
|BMO Emerging Markets Equity Index ETF||ZEM||0.000000|
|BMO Global Infrastructure Index ETF||ZGI||0.168298|
|BMO China Equity Index ETF||ZCH||0.000000|
|BMO India Equity Index ETF||ZID||0.000000|
|BMO S&P/TSX Equal Weight Global Base Metals Hedged to CAD Index ETF||ZMT||0.000000|
|BMO Monthly Income ETF||ZMI||0.079853|
|BMO Energy Commodities Index ETF||ZCE||0.084136|
|BMO Agriculture Commodities Index ETF||ZCA||0.000000|
|BMO Precious Metals Commodities Index ETF||ZCP||1.212660|
|BMO Base Metals Commodities Index ETF||ZCB||0.000000|
|BMO 2013 Corporate Bond Target Maturity ETF||ZXA||0.000000|
|BMO 2015 Corporate Bond Target Maturity ETF||ZXB||0.025027|
|BMO 2020 Corporate Bond Target Maturity ETF||ZXC||0.100600|
|BMO 2025 Corporate Bond Target Maturity ETF||ZXD||0.089773|
|BMO Covered Call Canadian Banks ETF||ZWB||0.000000|
|BMO Covered Call Utilities ETF||ZWU||0.000000|
|BMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF||ZWA||0.000000|
|BMO Canadian Dividend ETF||ZDV||0.065454|
|BMO Low Volatility Canadian Equity ETF||ZLB||0.088754|
Further information about BMO ETF Products can be found at www.bmo.com/etfs.
(1) BMO ETFs are managed and administered by BMO Asset Management Inc., an investment fund manager and portfolio manager and separate legal entity from the 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.
(2) Premium income as a result of covered call writing has been distributed monthly as a cash distribution.
(3) 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.
"S&P®", "S&P 500®" and "S&P/TSX Capped Composite™" are trade-marks of Standard and Poor''s Financial Services LLC and "TSX" is a trade-mark of TSX Inc. These and other associated trade-marks and/or service marks have been licensed for use by BMO Asset Management Inc. None of the BMO ETFs are sponsored, endorsed, sold or promoted by any of its aforementioned trade-mark 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(SM) is a product of Dow Jones Indexes, a licensed trade-mark of CME Group Index Services LLC ("CME"), and has been licensed for use. "Dow Jones®" and "Dow Jones Industrial Average(SM)" are service marks of Dow Jones Trademark Holdings, LLC ("Dow Jones") and have been licensed for use for certain purposes. BMO ETFs based on Dow Jones indexes are not sponsored, endorsed, sold or promoted by Dow Jones, CME or their respective affiliates and none of them makes any representation regarding the advisability of investing in such product(s).
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.
About BMO Exchange Traded Funds (ETFs)
Established in May 2009, BMO Financial Group''s ETF business is a leading ETF provider in Canada. Since its inception, the lineup of BMO ETFs has grown to 48 funds and includes several industry firsts. 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 as Bank of Montreal, BMO Financial Group is a highly-diversified North American financial services organization. With total assets of $542 billion as at July 31, 2012, and more than 46,000 employees, BMO Financial Group provides a broad range of retail banking, wealth management and investment banking products and solutions.
- BMO Financial Group