TORONTO, May 21, 2015 /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
May 31, 2015, as indicated in the
table below.
The ex-dividend date for the Distributions is anticipated to be
May 27, 2015 for all unitholders of
record on May 29, 2015. The
Distributions 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
June 10, 2015.
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
|
$0.02931
|
-1.48%
|
5.03%
|
5.13%
|
-0.10%
|
HEX.A
|
$0.02473
|
-1.54%
|
4.23%
|
4.33%
|
-0.10%
|
Horizons Enhanced
Income Energy ETF
|
HEE
|
$0.01447
|
-4.27%
|
4.07%
|
4.25%
|
-0.18%
|
HEE.A
|
$0.01170
|
-4.33%
|
3.27%
|
3.45%
|
-0.18%
|
Horizons Enhanced
Income Gold Producers ETF
|
HEP
|
$0.02907
|
2.12%
|
6.82%
|
7.50%
|
-0.68%
|
HEP.A
|
$0.02554
|
2.05%
|
6.02%
|
6.69%
|
-0.67%
|
Horizons Enhanced
Income Financials ETF
|
HEF
|
$0.03766
|
-0.91%
|
5.15%
|
5.22%
|
-0.07%
|
HEF.A
|
$0.03193
|
-0.97%
|
4.35%
|
4.42%
|
-0.07%
|
Horizons Enhanced
Income International Equity ETF
|
HEJ
|
$0.03090
|
0.31%
|
4.55%
|
5.10%
|
-0.55%
|
HEJ.A
|
$0.02545
|
0.24%
|
3.74%
|
4.30%
|
-0.56%
|
Horizons Enhanced
Income US Equity (USD) ETF (5)
|
HEA.U
|
$0.04342
|
1.68%
|
4.55%
|
4.85%
|
-0.30%
|
HEA
|
$0.04342
|
0.95%
|
4.55%
|
4.85%
|
-0.30%
|
HEA.V
|
$0.03579
|
1.61%
|
3.75%
|
4.05%
|
-0.30%
|
HEA.A
|
$0.03579
|
0.89%
|
3.75%
|
4.05%
|
-0.30%
|
Horizons Gold Yield
ETF
|
HGY
|
$0.02781
|
0.69%
|
5.75%
|
5.43%
|
0.32%
|
HGY.A
|
$0.02417
|
0.63%
|
5.00%
|
4.68%
|
0.32%
|
Horizons Natural Gas
Yield ETF
|
HNY
|
$0.04006
|
7.29%
|
9.02%
|
10.27%
|
-1.25%
|
HNY.A
|
$0.03639
|
7.22%
|
8.20%
|
9.44%
|
-1.24%
|
(1)
|
Based on the period
April 21, 2015 to May 20, 2015, where the prior month's net asset
value per unit is adjusted to include the prior month's
distribution.
|
(2)
|
Annualized and based
on the applicable May 20, 2015 net asset value per unit which is
available at www.HorizonsETFs.com.
|
(3)
|
Annualized and based
on the applicable April 21, 2015 net asset value 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 $0.05296 per
unit and $0.04365 per unit, respectively. For unitholders who hold
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
$5.0 billion of assets under
management and with 70 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 Financial
Group.
SOURCE Horizons ETFs Management (Canada) Inc.