Bank of Montreal : BMO Financial Group Announces Monthly Cash Distributions for BMO Exchange Traded Funds

TORONTO, ONTARIO--(Marketwire - Jan. 19, 2012) - BMO Financial Group today announced the January 2012 cash distributions for the 23 BMO Exchange Traded Funds (ETFs)* which pay monthly distributions. Unitholders of record at close of business on January 30, 2012 will receive cash distributions payable on February 7, 2012.

Details of the per unit distribution amounts are as follows:

BMO ETFs:		Ticker		Cash Distribution per Unit ($)
BMO Short Federal Bond Index ETF		ZFS		0.032
BMO Mid Federal Bond Index ETF		ZFM		0.042
BMO Long Federal Bond Index ETF		ZFL		0.051
BMO Short Provincial Bond Index ETF		ZPS		0.048
BMO Short Corporate Bond Index ETF		ZCS		0.048
BMO Mid Corporate Bond Index ETF		ZCM		0.061
BMO Long Corporate Bond Index ETF		ZLC		0.068
BMO Aggregate Bond Index ETF		ZAG		0.045
BMO Real Return Bond Index ETF		ZRR		0.028
BMO High Yield US Corporate Bond Hedged to CAD Index ETF		ZHY		0.098
BMO Emerging Markets Bond Hedged to CAD Index ETF		ZEF		0.072
BMO 2013 Corporate Bond Target Maturity ETF		ZXA		0.042
BMO 2015 Corporate Bond Target Maturity ETF		ZXB		0.053
BMO 2020 Corporate Bond Target Maturity ETF		ZXC		0.061
BMO 2025 Corporate Bond Target Maturity ETF		ZXD		0.063
BMO S&P/TSX Equal Weight Banks Index ETF		ZEB		0.051
BMO Equal Weight Utilities Index ETF		ZUT		0.070
BMO Equal Weight REITs Index ETF		ZRE		0.086
BMO Monthly Income ETF		ZMI		0.063
BMO Covered Call Canadian Banks ETF		ZWB		0.095
BMO Covered Call Utilities ETF		ZWU		0.090
BMO Covered Call Dow Jones Industrial Average Hedged to CAD ETF		ZWA		0.076
BMO Canadian Dividend ETF		ZDV		0.057

*BMO ETFs are administered and managed by BMO Asset Management Inc., an investment fund manager and portfolio manager and a 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. The funds are not guaranteed, their values change frequently and past performance may not be repeated.

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 $477 billion as at October 31, 2011, and more than 47,000 employees, BMO Financial Group provides a broad range of retail banking, wealth management and investment banking products and solutions.

S&P ® is a registered trademark of Standard & Poor's Financial Services LLC ("S&P") and TSX is a trademark of Toronto Stock Exchange ("TSX"). These trademarks have been licensed for use by Bank of Montreal. BMO S&P/TSX Equal Weight Banks Index ETF is not sponsored, endorsed, sold or promoted by S&P or TSX, and S&P and TSX 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®", "Dow Jones Industrial Average(SM)", "Dow Jones Canada Titan 60" and "Titans" 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).

Media Contacts:
Amanda Robinson, Toronto
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Sarah Bensadoun, Montreal
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