TORONTO, Dec. 18, 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 certain of the Horizons ETFs family of
exchange traded funds (the "ETFs"), for the 2015 tax year
end, as indicated in the table below.
Each of the ETFs is required to distribute any net income and
capital gains that they have earned in the year. All of the
Distributions indicated as "Cash Distribution per Unit" in the
table (the "Cash Distributions") will be paid in cash unless
the Unitholder has enrolled in the dividend reinvestment plan
("DRIP") of the respective ETF.
The annual capital gains Distributions, indicated as "Reinvested
Annual Capital Gains (Est.)" in the table (the "Capital Gains
Distributions"), will not be paid in cash but will be
reinvested and reported as taxable Distributions and will be used
to increase each Unitholder's adjusted cost base of their units of
the respective ETF. The Capital Gains Distributions will be
reinvested automatically in additional units of the respective ETFs
and immediately consolidated so that the number of units held by
the Unitholder, the units outstanding of the ETFs, and the net
asset value of the ETFs, will not change as a result of the Capital
Gains Distributions. The annual Capital Gains Distribution rates in
the table below are presented on an estimated basis. A press
release confirming the final annual Capital Gains Distribution
rates will be disseminated prior to the record date of the
Distributions.
The ex-dividend date for both the Cash Distributions and Capital
Gains Distributions is anticipated to be December 29, 2015, for all unitholders of record
on December 31, 2015. The Cash
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
January 13, 2016.
Horizons ETFs will make an additional announcement of the
December distributions for its family of covered call exchange
traded funds on or about December 21,
2015.
|
ETF
Name
|
Ticker
Symbol
|
Cash
Distribution
per
Unit
|
Annualized
Yield
*
|
Frequency
|
Reinvested
Annual
Capital
Gains
(Est.)
|
|
Horizons Active
Diversified Income ETF
|
HAA
|
$0.06500
|
2.44%
|
Quarterly
|
$0.33834
|
|
HAA.A
|
$0.04350
|
1.64%
|
Quarterly
|
$0.31734
|
|
Horizons Active
Corporate Bond ETF
|
HAB
|
$ 0.03142
|
3.53%
|
Monthly
|
-
|
|
HAB.A
|
$ 0.02666
|
2.99%
|
Monthly
|
-
|
|
Horizons Seasonal
Rotation ETF
|
HAC
|
-
|
-
|
Annually
|
$1.11552
|
|
HAC.A
|
-
|
-
|
Annually
|
$0.95837
|
|
Horizons Active Cdn
Bond ETF
|
HAD
|
$ 0.02989
|
3.57%
|
Monthly
|
-
|
|
HAD.A
|
$ 0.02523
|
3.01%
|
Monthly
|
-
|
|
Horizons Active
Global Fixed Income ETF
|
HAF
|
$ 0.02707
|
4.29%
|
Monthly
|
-
|
|
HAF.A
|
$ 0.02345
|
3.72%
|
Monthly
|
-
|
|
Horizons Active
Emerging Markets Dividend ETF
|
HAJ
|
$ 0.02149
|
2.12%
|
Monthly
|
-
|
|
HAJ.A
|
$ 0.01279
|
1.26%
|
Monthly
|
-
|
|
Horizons Active Cdn
Dividend ETF
|
HAL
|
$ 0.03523
|
3.19%
|
Monthly
|
-
|
|
HAL.A
|
$ 0.02532
|
2.29%
|
Monthly
|
-
|
|
Horizons Active US
Dividend ETF
|
HAU
|
$ 0.01879
|
2.10%
|
Monthly
|
-
|
|
HAU.A
|
$ 0.01175
|
1.31%
|
Monthly
|
-
|
|
Horizons Active
Global Dividend ETF
|
HAZ
|
$ 0.03945
|
2.45%
|
Monthly
|
$0.38821
|
|
HAZ.A
|
$ 0.02677
|
1.66%
|
Monthly
|
$0.37562
|
|
Horizons S&P/TSX
60 Equal Weight Index ETF
|
HEW
|
$ 0.06314
|
2.42%
|
Quarterly
|
-
|
|
Horizons Active
Floating Rate Preferred Share ETF
|
HFP
|
$ 0.03059
|
4.58%
|
Monthly
|
-
|
|
HFP.A
|
$ 0.02655
|
3.98%
|
Monthly
|
-
|
|
Horizons Active
Floating Rate Bond ETF
|
HFR
|
$ 0.01864
|
2.25%
|
Monthly
|
-
|
|
HFR.A
|
$ 0.01375
|
1.66%
|
Monthly
|
-
|
|
Horizons Managed
Global Opportunities ETF(1)
|
HGM
|
$ 0.10001
|
3.06%
|
Annually
|
$0.11161
|
|
HGM Cl F
|
$ 0.07845
|
3.32%
|
Annually
|
$0.08065
|
|
HGM.A
|
$ 0.07193
|
2.21%
|
Annually
|
$0.11127
|
|
Horizons Managed
Multi-Asset Momentum ETF(2)
|
HMA
|
$ 0.01269
|
0.39%
|
Annually
|
-
|
|
HMA.A
|
$ 0.00471
|
0.15%
|
Annually
|
-
|
|
Horizons Active Cdn
Municipal Bond ETF
|
HMP
|
$ 0.01252
|
1.51%
|
Monthly
|
-
|
|
HMP.A
|
$ 0.00775
|
0.93%
|
Monthly
|
-
|
|
Horizons Active
Preferred Share ETF
|
HPR
|
$ 0.03181
|
4.75%
|
Monthly
|
-
|
|
HPR.A
|
$ 0.02803
|
4.18%
|
Monthly
|
-
|
|
Horizons Active
Floating Rate Senior Loan ETF
|
HSL
|
$ 0.02937
|
3.63%
|
Monthly
|
-
|
|
HSL.A
|
$ 0.02480
|
3.07%
|
Monthly
|
-
|
|
Horizons Active US
Floating Rate Bond (USD) ETF (3)
|
HUF.U
|
$ 0.01184
|
1.43%
|
Monthly
|
$0.20483
|
|
HUF
|
$ 0.01184
|
1.43%
|
Monthly
|
$0.20483
|
|
HUF.V
|
$ 0.00717
|
0.87%
|
Monthly
|
$0.19942
|
|
Horizons US Equity
Managed Risk ETF (4)
|
HUS.U
|
$ 0.06449
|
2.15%
|
Quarterly
|
-
|
|
HUS.V
|
$ 0.03924
|
1.31%
|
Quarterly
|
-
|
|
Horizons Cdn Equity
Managed Risk ETF
|
HUT
|
$ 0.08110
|
3.28%
|
Quarterly
|
-
|
|
HUT.A
|
$ 0.06025
|
2.44%
|
Quarterly
|
-
|
|
Horizons Active High
Yield Bond ETF
|
HYI
|
$ 0.04947
|
6.39%
|
Monthly
|
-
|
|
HYI.A
|
$ 0.04524
|
5.84%
|
Monthly
|
-
|
|
Horizons Cdn Insider
Index ETF
|
HII
|
$ 0.05967
|
2.44%
|
Quarterly
|
-
|
|
Horizons Canadian
Midstream Oil & Gas Index ETF
|
HOG
|
$ 0.08897
|
4.94%
|
Quarterly
|
-
|
* Based on the applicable December 17,
2015 net asset value per unit which is available at
www.HorizonsETFs.com.
|
(1)
|
The Class E and
Advisor Class Units of Horizons Managed Global Opportunities ETF
began trading on August 26, 2015 and Class F began on September 25,
2015. The distributions attributable to those units have been
prorated from its launch date.
|
|
(2)
|
The Class E and
Advisor Class Units of Horizons Managed Multi-Asset Momentum ETF
began trading on August 19, 2015. The distributions attributable to
those units have been prorated from its launch date.
|
|
(3)
|
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 $0.01652 per
unit.
|
|
(4)
|
Distributions for
Horizons US Equity Managed Risk ETF are declared and paid in U.S.
dollars.
|
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
$5.2 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.