TORONTO, Jan. 23, 2017 /CNW/ - Horizons ETFs Management
(Canada) Inc. and its affiliate
AlphaPro Management Inc. (collectively "Horizons ETFs") are
pleased to announce the distribution amounts per unit (the
"Distributions") for the Horizons ETFs suite of covered call
exchange traded funds (the "ETFs"), for the period ending
January 31, 2017, as indicated in the
table below.
The ex-dividend date for the Distributions is anticipated to be
January 27, 2017, for all unitholders
of record on January 31, 2017. All
Distributions for Advisor Class units (ticker symbols are denoted
as '.A' and '.V' in the table below) will be paid in cash. The
Distributions for Class E units of each ETF will be paid in cash,
or if the unitholder has enrolled in the respective ETF's dividend
reinvestment plan (DRIP), reinvested in additional Class E units of
the applicable ETF, on or about February
10, 2017.
ETF
Name
|
Ticker
Symbol
|
Current
Month Distribution
Rate
|
NAV
Change
from Prior
Month(1)
|
Current
Month
Yield(2)
|
Prior
Month
Yield(3)
|
Absolute
Change in
Yield from
Prior
Month(4)
|
Horizons Enhanced
Income Equity ETF
|
HEX
|
$0.02640
|
2.18%
|
4.50%
|
4.71%
|
-0.21%
|
HEX.A
|
$0.02179
|
2.10%
|
3.70%
|
3.91%
|
-0.21%
|
Horizons Enhanced
Income Energy ETF
|
HEE
|
$0.04759
|
-5.74%
|
3.80%
|
4.05%
|
-0.25%
|
HEE.A
|
$0.03782
|
-5.80%
|
3.00%
|
3.25%
|
-0.25%
|
Horizons Enhanced
Income Gold Producers ETF
|
HEP
|
$0.20885
|
16.81%
|
9.49%
|
11.26%
|
-1.77%
|
HEP.A
|
$0.19035
|
16.73%
|
8.69%
|
10.46%
|
-1.77%
|
Horizons Enhanced
Income Financials ETF
|
HEF
|
$0.04128
|
1.36%
|
5.45%
|
5.52%
|
-0.07%
|
HEF.A
|
$0.03537
|
1.29%
|
4.65%
|
4.72%
|
-0.07%
|
Horizons Enhanced
Income International Equity ETF
|
HEJ
|
$0.02556
|
3.06%
|
4.81%
|
5.12%
|
-0.31%
|
HEJ.A
|
$0.02131
|
2.99%
|
4.01%
|
4.32%
|
-0.31%
|
Horizons Enhanced
Income US Equity (USD) ETF(5)
|
HEA.U
|
$0.04620
|
0.24%
|
5.01%
|
5.26%
|
-0.25%
|
HEA
|
$0.04620
|
-0.78%
|
5.01%
|
5.26%
|
-0.25%
|
HEA.V
|
$0.03881
|
0.17%
|
4.21%
|
4.45%
|
-0.24%
|
HEA.A
|
$0.03881
|
-0.85%
|
4.21%
|
4.45%
|
-0.24%
|
Horizons Gold Yield
ETF
|
HGY
|
$0.02035
|
4.73%
|
4.81%
|
4.96%
|
-0.15%
|
HGY.A
|
$0.01717
|
4.66%
|
4.06%
|
4.21%
|
-0.15%
|
Horizons Natural Gas
Yield ETF
|
HNY
|
$0.11363
|
-3.29%
|
9.00%
|
7.51%
|
1.49%
|
HNY.A
|
$0.10321
|
-3.36%
|
8.17%
|
6.67%
|
1.50%
|
|
(1) Based on the period from December
19, 2016 to January 20, 2017, where the prior month's NAV (net
asset value) per unit is adjusted to include the prior month's
distribution.
|
(2)
Annualized and based on the applicable January 20, 2017 NAV per
unit, which is available at www.HorizonsETFs.com.
|
(3)
Annualized and based on the applicable December 19, 2016 NAV per
unit, which is available at www.HorizonsETFs.com.
|
(4) The
absolute change of the prior month's previously announced
annualized distribution yield, to the current month's annualized
distribution yield.
|
(5)
Distributions for Horizons Enhanced Income US Equity (USD) ETF are
declared and paid in U.S. dollars, including those listed under the
Canadian dollar traded tickers HEA and HEA.A. The approximate
Canadian dollar equivalent distribution rates for HEA and HEA.A are
$0.06135 per unit and $0.05154 per unit, respectively. For
unitholders who hold the Canadian dollar traded HEA and HEA.A,
distribution payments will typically be converted to Canadian
dollars by the unitholder's account holder.
|
Each ETF does not have a fixed distribution but pays
distributions monthly. Distribution rates are generally based on
the average current volatility of the securities held by the ETF,
along with any dividend income received, less expenses payable by
the ETF. The amount of monthly cash distributions are expected to
fluctuate from month to month, and there can be no assurance that
an ETF will make any distributions in any particular month or
months. Monthly distributions will be paid in cash, unless the
investor has chosen to participate in the ETF's reinvestment
plan.
For further information regarding the Distributions, please
visit www.HorizonsETFs.com.
About Horizons ETFs Management (Canada) Inc. (www.HorizonsETFs.com)
Horizons ETFs Management (Canada)
Inc. and its affiliate AlphaPro Management Inc. are innovative
financial services companies offering the Horizons ETFs family of
exchange traded funds. The Horizons ETFs family includes a broadly
diversified range of investment tools with solutions for investors
of all experience levels to meet their investment objectives in a
variety of market conditions. Horizons ETFs has more than
$6.9 billion of assets under
management. With 77 ETFs listed on the Toronto Stock Exchange, the
Horizons ETFs family makes up one of the largest families of ETFs
in Canada. Horizons ETFs
Management (Canada) Inc. and
AlphaPro Management Inc. are members of the Mirae Asset Global
Investments Group.
SOURCE Horizons ETFs Management (Canada) Inc.