TORONTO, Sept. 23, 2019 /CNW/ - Horizons ETFs Management
(Canada) Inc. ("Horizons
ETFs") is pleased to announce the distribution amounts per unit
(the "Distributions") for certain of its exchange traded
funds (the "ETFs") for the period ending September 30, 2019, as indicated in the table
below.
The ex-dividend date for the Distributions is anticipated to be
September 27, 2019, for all
unitholders of record on September 30,
2019. The Distributions for 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 units of the applicable ETF, on or about October 10, 2019.
Horizons ETFs has made an additional announcement regarding the
September distributions for its family of covered call ETFs in a
separate press release.
|
ETF
Name
|
Ticker
Symbol
|
Distribution
per Unit
|
Annualized
Yield*
|
Frequency
|
|
Horizons Global
Sustainability Leaders Index ETF
|
ETHI
|
$0.05086
|
0.72%
|
Quarterly
|
|
Horizons Active
Corporate Bond ETF
|
HAB
|
$0.02680
|
2.92%
|
Monthly
|
|
Horizons Active Cdn
Bond ETF
|
HAD
|
$0.01936
|
2.24%
|
Monthly
|
|
Horizons Active
Global Fixed Income ETF
|
HAF
|
$0.02036
|
3.16%
|
Monthly
|
|
Horizons Active
Emerging Markets Dividend ETF
|
HAJ
|
$0.07841
|
2.51%
|
Quarterly
|
|
Horizons Active Cdn
Dividend ETF
|
HAL
|
$0.14142
|
3.21%
|
Quarterly
|
|
Horizons Active US
Dividend ETF(1)
|
HAU
|
$0.05961
|
1.72%
|
Quarterly
|
|
HAU.U
|
$0.05961
|
1.72%
|
Quarterly
|
|
Horizons Active
Global Dividend ETF
|
HAZ
|
$0.16083
|
2.77%
|
Quarterly
|
|
Horizons China High
Dividend Yield Index ETF
|
HCN
|
$0.33153
|
5.79%
|
Quarterly
|
|
Horizons Active
Emerging Markets Bond ETF
|
HEMB
|
$0.03786
|
4.51%
|
Monthly
|
|
Horizons S&P/TSX
60 Equal Weight Index ETF
|
HEW
|
$0.07520
|
2.00%
|
Quarterly
|
|
Horizons Active
Floating Rate Preferred Share ETF
|
HFP
|
$0.03238
|
5.02%
|
Monthly
|
|
Horizons Active
Floating Rate Bond ETF
|
HFR
|
$0.02086
|
2.49%
|
Monthly
|
|
Horizons Cdn Insider
Index ETF
|
HII
|
$0.06466
|
2.28%
|
Quarterly
|
|
Horizons Emerging
Marijuana Growers Index ETF(2)
|
HMJR
|
$0.04067
|
3.76%
|
|
|
Horizons Marijuana
Life Sciences Index ETF(3)
|
HMMJ
|
$0.26848
|
7.76%
|
Quarterly
|
|
HMMJ.U
|
$0.26848
|
7.76%
|
Quarterly
|
|
Horizons Active Cdn
Municipal Bond ETF
|
HMP
|
$0.01884
|
2.28%
|
Monthly
|
|
Horizons US Marijuana
Index ETF(4)
|
HMUS
|
$0.11109
|
7.36%
|
|
|
HMUS.U
|
$0.11109
|
7.36%
|
|
|
Horizons Canadian
Midstream Oil & Gas Index ETF
|
HOG
|
$0.09090
|
4.13%
|
Quarterly
|
|
Horizons Active
Preferred Share ETF
|
HPR
|
$0.03301
|
5.07%
|
Monthly
|
|
Horizons Active
Floating Rate Senior Loan ETF
|
HSL
|
$0.03114
|
3.89%
|
Monthly
|
|
Horizons Active US
Floating Rate Bond (USD) ETF(5)
|
HUF.U
|
$0.02353
|
2.80%
|
Monthly
|
|
HUF
|
$0.02353
|
2.80%
|
Monthly
|
|
Horizons Active High
Yield Bond ETF
|
HYI
|
$0.04711
|
5.85%
|
Monthly
|
|
Horizons Inovestor
Canadian Equity Index ETF
|
INOC
|
$0.05190
|
1.92%
|
Quarterly
|
|
* Based on the applicable September
20, 2019, net asset value per unit, which is available at
www.HorizonsETFs.com.
|
|
|
(1)
|
Distributions for
Horizons Active US Dividend ETF are declared and paid in Canadian
dollars, including those listed under the U.S. dollar traded ticker
HAU.U. The approximate U.S. dollar equivalent distribution rate for
HAU.U is $0.04491 per unit. For unitholders who hold the U.S.
dollar traded HAU.U, distribution payments will typically be
converted to U.S. dollars by the unitholder's account
holder.
|
|
(2)
|
Distributions for
Horizons Emerging Marijuana Growers Index ETF are being reviewed at
least quarterly but they are declared at the discretion of Horizons
ETFs and may not be announced with a set frequency.
|
|
(3)
|
Distributions for
Horizons Marijuana Life Sciences Index ETF are declared and paid in
Canadian dollars, including those listed under the U.S. dollar
traded ticker HMMJ.U. The approximate U.S. dollar equivalent
distribution rate for HMMJ.U is $0.20225 per unit. For unitholders
who hold the U.S. dollar traded HMMJ.U, distribution payments will
typically be converted to U.S. dollars by the unitholder's account
holder.
|
|
(4)
|
Distributions for
Horizons US Marijuana Index ETF are declared and paid in Canadian
dollars, including those listed under the U.S. dollar traded ticker
HMUS.U. The approximate U.S. dollar equivalent distribution rate
for HMUS.U is $0.08369 per unit. For unitholders who hold the U.S.
dollar traded HMUS.U, distribution payments will typically be
converted to U.S. dollars by the unitholder's account holder.
Distributions are being reviewed at least quarterly but they are
declared at the discretion of Horizons ETFs and may not be
announced with a set frequency.
|
|
(5)
|
Distributions for the
Horizons Active US Floating Rate Bond (USD) ETF are declared and
paid in U.S. dollars, including those listed under the Canadian
dollar-traded ticker HUF. The approximate Canadian dollar
equivalent distribution rate for HUF is $0.03123 per unit. For
unitholders who hold the Canadian dollar-traded HUF, distribution
payments will typically be converted to Canadian dollars by the
unitholder's account holder.
|
Distributions for the ETFs will vary from period to period.
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. is an innovative financial
services company and offers one of the largest suites of exchange
traded funds in Canada. The
Horizons ETFs product family includes a broadly diversified range
of solutions for investors of all experience levels to meet their
investment objectives in a variety of market conditions. Horizons
ETFs has more than $10 billion of
assets under management and 91 ETFs listed on major Canadian stock
exchanges. Horizons ETFs Management (Canada) Inc. is a member of the Mirae Asset
Global Investments Group.
Commissions, management fees and expenses all may be
associated with an investment in exchange traded products (the
"Horizons Exchange Traded Products") managed by Horizons ETFs
Management (Canada) Inc. The
Horizons Exchange Traded Products are not guaranteed, their values
change frequently and past performance may not be repeated. The
prospectus contains important detailed information about the
Horizons Exchange Traded Products. Please read the relevant
prospectus before investing.
SOURCE Horizons ETFs Management (Canada) Inc.