TORONTO, Aug. 22, 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
August 31, 2017, as indicated in the
table below.
The ex-dividend date for the Distributions is anticipated to be
August 29, 2017, for all unitholders
of record on August 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 September
13, 2017.
Horizons ETFs will make an additional announcement regarding the
August distributions for its family of covered call exchange traded
funds on or about September 13,
2017.
|
ETF
Name
|
Ticker
Symbol
|
Distribution
per Unit
|
Annualized
Yield*
|
Frequency
|
|
Horizons Active
Corporate Bond ETF
|
HAB
|
$0.02809
|
3.13%
|
Monthly
|
|
Horizons Active Cdn
Bond ETF
|
HAD
|
$0.02323
|
2.83%
|
Monthly
|
|
Horizons Active
Global Fixed Income ETF
|
HAF
|
$0.01954
|
2.92%
|
Monthly
|
|
Horizons Active
Floating Rate Preferred Share ETF
|
HFP
|
$0.02955
|
3.77%
|
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
|
3.97%
|
Monthly
|
|
Horizons Active
Floating Rate Senior Loan ETF
|
HSL
|
$0.02482
|
3.03%
|
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
|
5.42%
|
Monthly
|
|
|
* Based on the
applicable August 21, 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 $0.01493 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 $7.9 billion of assets under management and with
76 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.