TORONTO, June 22, 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
June 30, 2015, as indicated in the
table below.
The ex-dividend date for the Distributions is anticipated to be
June 26, 2015 for all unitholders of
record on June 30, 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
July 13, 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
|
$0.03711
|
-3.41%
|
6.62%
|
5.03%
|
1.59%
|
HEX.A
|
$0.03273
|
-3.47%
|
5.81%
|
4.23%
|
1.58%
|
Horizons Enhanced
Income Energy ETF
|
HEE
|
$0.03861
|
-4.63%
|
11.41%
|
4.07%
|
7.34%
|
HEE.A
|
$0.03613
|
-4.69%
|
10.61%
|
3.27%
|
7.34%
|
Horizons Enhanced
Income Gold Producers ETF
|
HEP
|
$0.04276
|
-6.18%
|
10.75%
|
6.82%
|
3.93%
|
HEP.A
|
$0.03939
|
-6.24%
|
9.95%
|
6.02%
|
3.93%
|
Horizons Enhanced
Income Financials ETF
|
HEF
|
$0.04229
|
-1.22%
|
5.88%
|
5.15%
|
0.73%
|
HEF.A
|
$0.03668
|
-1.29%
|
5.08%
|
4.35%
|
0.73%
|
Horizons Enhanced
Income International Equity ETF
|
HEJ
|
$0.04551
|
-2.91%
|
6.92%
|
4.55%
|
2.37%
|
HEJ.A
|
$0.04023
|
-2.97%
|
6.12%
|
3.74%
|
2.38%
|
Horizons Enhanced
Income US Equity (USD) ETF (5)
|
HEA.U
|
$0.04948
|
-0.64%
|
5.24%
|
4.55%
|
0.69%
|
HEA
|
$0.04948
|
-0.06%
|
5.24%
|
4.55%
|
0.69%
|
HEA.V
|
$0.04193
|
-0.70%
|
4.44%
|
3.75%
|
0.69%
|
HEA.A
|
$0.04193
|
-0.13%
|
4.44%
|
3.75%
|
0.69%
|
Horizons Gold Yield
ETF
|
HGY
|
$0.02726
|
-0.65%
|
5.71%
|
5.75%
|
-0.04%
|
HGY.A
|
$0.02367
|
-0.71%
|
4.96%
|
5.00%
|
-0.04%
|
Horizons Natural Gas
Yield ETF
|
HNY
|
$0.06124
|
-3.98%
|
14.47%
|
9.02%
|
5.45%
|
HNY.A
|
$0.05775
|
-4.04%
|
13.65%
|
8.20%
|
5.45%
|
(1)
|
Based on the period
May 20, 2015 to June 19, 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 June 19, 2015 net asset value per unit which is
available at www.HorizonsETFs.com.
|
(3)
|
Annualized and based
on the applicable May 20, 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 $0.06070 per
unit and $0.05144 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 $5.1
billion of assets under management and with 68 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.