Quarterly portfolio disclosure BMO S&P/TSX Equal Weight Global Gold Index ETF (ZGD) summary of investment portfolio • as at september 30, 2016 % of Net Asset % of Net Asset Portfolio Allocation Value Top 25 Holdings Value Canada ........................................................................................................ 67.4 Eldorado Gold Corporation .................................................... 3.1 United States .............................................................................................. 13.6 Endeavour Mining Corporation ................................................ 3.1 South Africa .................................................................................................. 8.0 Klondex Mines Ltd. ............................................................ 3.0 Monaco ......................................................................................................... 3.0 Alamos Gold Inc. ............................................................... 3.0 Jersey ............................................................................................................ 2.9 Centerra Gold Inc. .............................................................. 3.0 Peru .............................................................................................................. 2.7 Goldcorp Inc. ................................................................... 2.9 Australia ........................................................................................................ 2.3 Alacer Gold Corporation ....................................................... 2.9 Agnico Eagle Mines Limited ................................................... 2.9 Total Portfolio Allocation 100.0 Randgold Resources Limited, ADR ............................................ 2.9 IAMGOLD Corporation .......................................................... 2.8 % of Net Asset Royal Gold, Inc. ................................................................ 2.8 Sector Allocation Value Barrick Gold Corporation ...................................................... 2.8 Gold ..........................................................................89.1 NovaGold Resources Inc. ...................................................... 2.8 Precious Metals & Minerals ..................................................10.9 Kinross Gold Corporation ...................................................... 2.8 Newmont Mining Corporation ................................................. 2.7 Total Sector Allocation 100.0 Asanko Gold Inc. ............................................................... 2.7 Franco-Nevada Corporation ................................................... 2.7 AngloGold Ashanti Limited, ADR .............................................. 2.7 Yamana Gold Inc. .............................................................. 2.7 Osisko Gold Royalties Ltd. ..................................................... 2.7 Detour Gold Corporation ....................................................... 2.6 Sibanye Gold Limited, ADR .................................................... 2.6 McEwen Mining Inc. ........................................................... 2.6 Compania de Minas Buenaventura S.A.A., ADR .............................. 2.6 B2Gold Corp. ................................................................... 2.6 Top Holdings as a Percentage of Total Net Asset Value 70.0 Total Net Asset Value $37,918,529 This Summary of Investment Portfolio may change due to the ETF’s ongoing portfolio transactions. Updates are available quarterly. Commissions, management fees and expenses all may be associated with investments in exchange traded funds. Please read the prospectus before investing. The exchange traded funds are not guaranteed, their values change frequently and past performance may not be repeated. BMO ETFs are managed and administered by BMO Asset Management Inc., an investment fund manager and portfolio manager and separate entity from Bank of Montreal. ® “BMO (M-bar roundel symbol)” is a registered trademark of Bank of Montreal. HOW TO REACH US: BMO Asset Management Inc. 1 First Canadian Place, 43rd Floor 100 King Street West, Toronto, ON M5X 1A1 1-800-361-1392 • www.bmo.com/gam/ca.