TORONTO, July 20, 2017 /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
July 31, 2017, as indicated in the
table below.
The ex-dividend date for the Distributions is anticipated to be
July 27, 2017, for all unitholders of
record on July 31, 2017. 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 August
11, 2017.
Horizons ETFs will make an additional announcement regarding the
July distributions for its family of covered call exchange traded
funds on or about July 21, 2017.
|
ETF
Name
|
Ticker
Symbol
|
Distribution
per Unit
|
Annualized
Yield*
|
Frequency
|
|
Horizons Active
Corporate Bond ETF
|
HAB
|
$0.02809
|
3.12%
|
Monthly
|
|
Horizons Active Cdn
Bond ETF
|
HAD
|
$0.02323
|
2.82%
|
Monthly
|
|
Horizons Active
Global Fixed Income ETF
|
HAF
|
$0.01954
|
2.91%
|
Monthly
|
|
Horizons Active
Floating Rate Preferred Share ETF
|
HFP
|
$0.02955
|
3.71%
|
Monthly
|
|
Horizons Active
Floating Rate Bond ETF
|
HFR
|
$0.01693
|
2.02%
|
Monthly
|
|
Horizons Active Cdn
Municipal Bond ETF
|
HMP
|
$0.01686
|
2.06%
|
Monthly
|
|
Horizons Active
Preferred Share ETF
|
HPR
|
$0.03080
|
3.91%
|
Monthly
|
|
Horizons Active
Floating Rate Senior Loan ETF
|
HSL
|
$0.02482
|
3.02%
|
Monthly
|
|
Horizons Active US
Floating Rate Bond (USD) ETF(1)
|
HUF.U
|
$0.01188
|
1.41%
|
Monthly
|
|
HUF
|
$0.01188
|
1.41%
|
Monthly
|
|
Horizons Active High
Yield Bond ETF
|
HYI
|
$0.04582
|
5.37%
|
Monthly
|
|
|
* Based on
the applicable July 19, 2017 net asset value per unit, which is
available at www.HorizonsETFs.com.
|
|
|
(1)
|
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 $0.01496 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.
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 $8.0
billion of assets under management and with 77 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.