TORONTO, Nov. 20, 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
November 30, 2015, as indicated in
the table below.
The ex-dividend date for the Distributions is anticipated to be
November 26, 2015, for all
unitholders of record on November 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 December
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
|
$0.04496
|
-1.32%
|
8.67%
|
7.88%
|
0.79%
|
HEX.A
|
$0.04096
|
-1.38%
|
7.87%
|
7.08%
|
0.79%
|
Horizons Enhanced
Income Energy ETF
|
HEE
|
$0.02336
|
-4.85%
|
9.55%
|
8.27%
|
1.28%
|
HEE.A
|
$0.02154
|
-4.91%
|
8.75%
|
7.47%
|
1.28%
|
Horizons Enhanced
Income Gold Producers ETF
|
HEP
|
$0.03044
|
-9.64%
|
9.81%
|
6.91%
|
2.90%
|
HEP.A
|
$0.02783
|
-9.69%
|
9.01%
|
6.11%
|
2.90%
|
Horizons Enhanced
Income Financials ETF
|
HEF
|
$0.06221
|
1.95%
|
8.83%
|
7.95%
|
0.88%
|
HEF.A
|
$0.05680
|
1.89%
|
8.03%
|
7.15%
|
0.88%
|
Horizons Enhanced
Income International Equity ETF
|
HEJ
|
$0.05018
|
-1.67%
|
9.02%
|
8.57%
|
0.45%
|
HEJ.A
|
$0.04571
|
-1.73%
|
8.22%
|
7.76%
|
0.46%
|
Horizons Enhanced
Income US Equity (USD) ETF (5)
|
HEA.U
|
$0.05462
|
2.05%
|
6.06%
|
6.10%
|
-0.04%
|
HEA
|
$0.05462
|
3.27%
|
6.06%
|
6.10%
|
-0.04%
|
HEA.V
|
$0.04742
|
1.99%
|
5.26%
|
5.30%
|
-0.04%
|
HEA.A
|
$0.04742
|
3.21%
|
5.26%
|
5.30%
|
-0.04%
|
Horizons Gold Yield
ETF
|
HGY
|
$0.01698
|
-7.10%
|
4.07%
|
4.04%
|
0.03%
|
HGY.A
|
$0.01384
|
-7.16%
|
3.32%
|
3.28%
|
0.04%
|
Horizons Natural Gas
Yield ETF
|
HNY
|
$0.03241
|
-12.90%
|
10.93%
|
7.23%
|
3.70%
|
HNY.A
|
$0.02996
|
-12.95%
|
10.10%
|
6.40%
|
3.70%
|
(1) Based
on the period October 21, 2015, to November 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 November 19,
2015, net asset value per unit which is available at
www.HorizonsETFs.com.
(3) Annualized and based on the applicable October 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 $0.07262 per unit and $0.06305 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
$5.3 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.