TORONTO, Nov. 23, 2017 /CNW/ - Horizons ETFs Management
(Canada) Inc. ("Horizons
ETFs") is 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 November 30, 2017, as
indicated in the table below.
The ex-dividend date for the Distributions is anticipated to be
November 29, 2017, for all
unitholders of record on November 30,
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 December
12, 2017.
Horizons ETFs has made an additional announcement regarding the
November distributions for its family of covered call exchange
traded funds in a separate press release.
|
ETF
Name
|
Ticker
Symbol
|
Distribution
per Unit
|
Annualized
Yield*
|
Frequency
|
|
Horizons Active
Corporate Bond ETF
|
HAB
|
$0.02769
|
3.08%
|
Monthly
|
|
Horizons Active Cdn
Bond ETF
|
HAD
|
$0.02254
|
2.73%
|
Monthly
|
|
Horizons Active
Global Fixed Income ETF
|
HAF
|
$0.01791
|
2.67%
|
Monthly
|
|
Horizons Active
Floating Rate Preferred Share ETF
|
HFP
|
$0.02973
|
3.62%
|
Monthly
|
|
Horizons Active
Floating Rate Bond ETF
|
HFR
|
$0.01939
|
2.31%
|
Monthly
|
|
Horizons Active Cdn
Municipal Bond ETF
|
HMP
|
$0.01656
|
2.03%
|
Monthly
|
|
Horizons Active
Preferred Share ETF
|
HPR
|
$0.03073
|
3.79%
|
Monthly
|
|
Horizons Active
Floating Rate Senior Loan ETF
|
HSL
|
$0.02380
|
2.92%
|
Monthly
|
|
Horizons Active US
Floating Rate Bond (USD) ETF(1)
|
HUF.U
|
$0.01923
|
2.27%
|
Monthly
|
|
HUF
|
$0.01923
|
2.27%
|
Monthly
|
|
Horizons Active High
Yield Bond ETF
|
HYI
|
$0.04863
|
5.75%
|
Monthly
|
|
|
* Based on
the applicable November 22, 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 $0.02443 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. is an innovative financial
services company and offers one of the largest suites of exchange
traded funds in Canada. The
Horizons ETFs product suite includes a broadly diversified range of
solutions for investors of all experience levels to meet their
investment objectives in a variety of market conditions. Horizons
ETFs currently has more than $9.0
billion of assets under management and 80 ETFs listed on the
Toronto Stock Exchange. Horizons ETFs Management (Canada) Inc. is a member of the Mirae Asset
Global InvestWebsite - www.horizonsetfs.comments Group.
SOURCE Horizons ETFs Management (Canada) Inc.