TORONTO, Aug. 22, 2016 /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 certain of the Horizons ETFs
family of exchange traded funds (the "ETFs"), for the period
ending August 31, 2016, as indicated
in the table below.
The ex-dividend date for the Distributions is anticipated to be
August 29, 2016, for all unitholders
of record on August 31, 2016.
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
September 13, 2016.
Horizons ETFs will make an additional announcement of the August
distributions for its family of covered call exchange traded funds
on or about August 23, 2016.
|
ETF
Name
|
Ticker
Symbol
|
Distribution
per Unit
|
Annualized
Yield *
|
Frequency
|
|
Horizons Active
Corporate Bond ETF
|
HAB
|
$0.03022
|
3.32%
|
Monthly
|
|
HAB.A
|
$0.02521
|
2.77%
|
Monthly
|
|
Horizons Active Cdn
Bond ETF
|
HAD
|
$0.02244
|
2.60%
|
Monthly
|
|
HAD.A
|
$0.01762
|
2.04%
|
Monthly
|
|
Horizons Active
Global Fixed Income ETF
|
HAF
|
$0.02456
|
3.74%
|
Monthly
|
|
HAF.A
|
$0.02098
|
3.19%
|
Monthly
|
|
Horizons Active
Emerging Markets Dividend ETF
|
HAJ
|
$0.01997
|
1.87%
|
Monthly
|
|
HAJ.A
|
$0.01104
|
1.04%
|
Monthly
|
|
Horizons Active Cdn
Dividend ETF
|
HAL
|
$0.03929
|
3.26%
|
Monthly
|
|
HAL.A
|
$0.02928
|
2.43%
|
Monthly
|
|
Horizons Active US
Dividend ETF(1)
|
HAU
|
$0.01902
|
2.09%
|
Monthly
|
|
HAU.U
|
$0.01902
|
2.09%
|
Monthly
|
|
HAU.A
|
$0.01101
|
1.21%
|
Monthly
|
|
Horizons Active
Global Dividend ETF
|
HAZ
|
$0.03990
|
2.58%
|
Monthly
|
|
HAZ.A
|
$0.02651
|
1.71%
|
Monthly
|
|
Horizons Active
Floating Rate Preferred Share ETF
|
HFP
|
$0.02965
|
4.28%
|
Monthly
|
|
HFP.A
|
$0.02575
|
3.72%
|
Monthly
|
|
Horizons Active
Floating Rate Bond ETF
|
HFR
|
$0.01700
|
2.04%
|
Monthly
|
|
HFR.A
|
$0.01210
|
1.45%
|
Monthly
|
|
Horizons Active Cdn
Municipal Bond ETF
|
HMP
|
$0.01825
|
2.20%
|
Monthly
|
|
HMP.A
|
$0.01357
|
1.64%
|
Monthly
|
|
Horizons Active
Preferred Share ETF
|
HPR
|
$0.03040
|
4.31%
|
Monthly
|
|
HPR.A
|
$0.02665
|
3.77%
|
Monthly
|
|
Horizons Active
Floating Rate Senior Loan ETF
|
HSL
|
$0.02895
|
3.51%
|
Monthly
|
|
HSL.A
|
$0.02438
|
2.96%
|
Monthly
|
|
Horizons Active US
Floating Rate Bond (USD) ETF (2)
|
HUF.U
|
$0.01328
|
1.58%
|
Monthly
|
|
HUF
|
$0.01328
|
1.58%
|
Monthly
|
|
HUF.V
|
$0.00862
|
1.03%
|
Monthly
|
|
Horizons Active High
Yield Bond ETF
|
HYI
|
$0.04804
|
5.76%
|
Monthly
|
|
HYI.A
|
$0.04345
|
5.21%
|
Monthly
|
* Based on the applicable August 19,
2016 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 $0.01479 per unit. For unitholders who hold 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 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 $0.01708 per unit. For
unitholders who hold 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.
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 $6.5
billion of assets under management and with 75 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.