Solactive Launches Solactive US Preferred Share Select Index And Solactive US Preferred Share Select Hedged To CAD Indexv- Licensed To BMO Global Asset Management As The Underlying Indices For The BMO US Preferred Share Index ETF (ZUP) And The BMO US Preferred Share Hedged To CAD Index ETF (ZHP)

The Solactive US Preferred Share Select Index and the Solactive US Preferred Share Select Hedged to CAD Index bring to the market a new smart beta approach to investing in US preferred shares. Specifically, these indices track the performance of higher dividend paying US-listed preferred shares that have been selected based on a set of market-cap, quality and liquidity screenings. The Solactive US Preferred Share Select Hedged to CAD Index takes the concept a step further by adding a currency hedging to Canadian Dollars through FX forward contracts. These indices are used as the underlying indices for the BMO US Preferred Share Index ETF (ZUP/ZUP.U) and the BMO US Preferred Share Hedged to CAD Index ETF (ZHP).