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Exchange Bulletin

BMO US Preferred Share Index ETF (ZUP, ZUP.U) To Trade On Toronto Stock Exchange

February 7, 2017

Issuer: BMO US Preferred Share Index ETF

SecuritySymbolCUSIPIssued and Outstanding SecuritiesReserved SecuritiesIssue Price
CAD Units ZUP 05591C 10 7 40,000 None CDN $25.00
USD Units ZUP.U 05591C 11 5 40,000 None US $25.00
Listing category: Non-Corporate
Trading currency CAD Units: CDN$
Trading currency USD Units: US$
Transaction: Initial public offering of CAD Units and USD Units (together, the "Units") (the "Offering").
Listing date: February 8, 2017 (as at 5:01 pm) in anticipation of closing of the Offering.
Anticipated closing date: February 9, 2017
Posted for trading date: February 9, 2017 (at the opening) subject to confirmation of closing of the Offering.
Other market(s): None
Designated market maker: BMO Nesbitt Burns Inc.
Security ownership registration: CDS book-entry system
Investor relations: Kevin R. Gopaul
Chief Executive Officer
Corporate Secretary: Benjamin Iraya
Incorporation: The ETF is an exchange traded mutual fund established as a trust under the laws of the Province of Ontario pursuant to a declaration of trust dated as of May 12, 2009, as amended and restated.
Manager and Trustee: BMO Asset Management Inc.
Fiscal year end: December 31
Nature of business: The ETF seeks to replicate, to the extent possible, the performance of the Solactive US Preferred Share Select Index (NTR) (the "Index"), net of expenses. The Index measures the U.S. Preferred Share market that pays higher dividends. Eligible securities must be U.S. listed and have a minimum market capitalization of US$100 million.
Transfer agent and registrar: CST Trust Company at its principal office in Toronto.
Distributions: Cash distributions on Units of the ETF are expected to be made monthly in the currency in which the Units are denominated.
Sponsorship: Not applicable
Offering document: Prospectus dated January 30, 2017, which is available at Capitalized terms not otherwise defined herein are as defined in the Prospectus.
Additional Information: The USD Units will be quoted and traded on Toronto Stock Exchange in US funds and trading information regarding the USD Untis will appear under the heading "Trading in US Funds" in the TSX Monthly Review.
Initial public offering: 40,000 CAD Units will be issued at a subscription price of CDN$25.00 per CAD Unit and 40,000 USD Units at a subscription price of US$25.000 per USD Unit. The ETF is authorized to issue an unlimited number of Units, each of which represents an equal, undivided interest in the net assets of the ETF. The Units of the ETF are being issued and sold on a continuous basis and there is no maximum number of Units that may be issued.
TSX contact: Julie K. Shin,
Director, Listed Issuer Services,
Toronto Stock Exchange.