BMO Announces Final Valuations and Declares Final Distributions on Units of Terminated BMO Exchange Traded Funds and ETF Series of Terminated BMO Mutual Funds

TORONTO, April 28, 2025 /CNW/ - BMO Asset Management Inc. ("BMOAM Inc."), today announced the final net asset values for each of BMO ESG High Yield US Corporate Bond Index ETF (TSX: ESGH/ESGH.F), BMO US TIPS Index ETF (TSX: TIPS/TIPS.F/TIPS.U), BMO Canadian Banks Accelerator ETF (Cboe Canada: ZEBA), and BMO US Equity Accelerator Hedged to CAD ETF (Cboe Canada: ZUEA) (collectively, the "ETFs"). As well, BMO Investments Inc. ("BMOII") today announced the final net asset values for the ETF Series of each of BMO U.S. Equity Growth MFR Fund (TSX: ZUGE) and BMO U.S. Equity Value MFR Fund (TSX: ZUVE) (collectively, the "Funds").

On February 12, 2025, BMOAM Inc. and BMOII pre-announced the termination of the ETFs and the Funds. Effective at the close of business April 25, 2025, the ETFs and the Funds were terminated. The units of each ETF and the ETF Series of each Fund were de-listed, at the request of BMOAM Inc. or BMOII, as applicable, from the Toronto Stock Exchange or Cboe Canada Inc., as applicable, effective close of business on April 21, 2025.

At the time of termination, all units of each ETF and all units of the ETF Series of each Fund then outstanding were redeemed and each holder of such units received redemption proceeds equal to the net asset value of those units at that time. In addition, immediately before the time of termination, holders of certain units received a final distribution based on the number of such units held, which was automatically reinvested and consolidated such that, in every case, the number and value of units outstanding following the distribution was equal to the number and value of units outstanding immediately prior to the distribution.

The following table indicates, for each ETF and for the ETF Series of each Fund, the NAV per unit at the time of termination and the final distribution per unit:

Name of ETF	Series of Units	Ticker	NAV per Unit ($)	Distribution per Unit ($)
BMO ESG High Yield US Corporate Bond Index ETF	CAD Units	ESGH	28.2327	0.136733
	Hedged Units	ESGH.F	25.2261	0.113736
BMO US TIPS Index ETF	CAD Units	TIPS	30.1145	0.126997
	Hedged Units	TIPS.F	28.1897	0.101558
	USD Units	TIPS.U	29.0079	0.125515
BMO Canadian Banks Accelerator ETF	CAD Units	ZEBA	33.2693	-
BMO US Equity Accelerator Hedged to CAD ETF	CAD Units	ZUEA	35.6711	-
BMO U.S. Equity Growth MFR Fund	ETF Series	ZUGE	19.3389	0.583243
BMO U.S. Equity Value MFR Fund	ETF Series	ZUVE	18.2095	1.412248

Commissions, management fees and expenses all may be associated with investments in exchange traded funds. Please read the ETF Facts or simplified prospectus of the BMO ETFs or ETF Series before investing. Exchange-traded funds are not guaranteed, their values change frequently and past performance may not be repeated.

BMO 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 of Montreal.

Further information about BMO ETFs can be found at www.bmoetfs.com.

"BMO (M-bar roundel symbol)" is a registered trademark of Bank of Montreal, used under licence.

About BMO Financial Group
BMO Financial Group is the eighth largest bank in North America by assets, with total assets of $1.5 trillion as of January 31, 2025. 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 across Canada, the United States, and in select markets globally. Driven by a single purpose, to Boldly Grow the Good in 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

Media Contact: Jeff Roman, Toronto, [email protected], [phone]