BMO S&P US Mid Cap Index ETF ZMID Strategy

The Fund seeks to replicate, to the extent possible before fees and expenses, the performance of an index that provides exposure to equity securities of midcapitalization issuers listed in the U.S. (for the purposes of this Fund, the Index) by establishing, directly or indirectly, a long or short position in the instruments included in the Index (each, for the purposes of this Fund, an Index Constituent), each in proportion to its positive or negative weight in the Index; and/or instruments that are not Index Constituents but that have, in the aggregate, investment characteristics similar to the Index or to a subset of the Index Constituents.