TORONTO, Oct. 20, 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
actively managed exchange traded funds (the "ETFs"), for the
period ending October 31, 2016, as
indicated in the table below.
The ex-dividend date for the Distributions is anticipated to be
October 27, 2016, for all unitholders
of record on October 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(s), on or
about November 10, 2016.
Horizons ETFs will make an additional announcement regarding the
October distributions for its family of covered call exchange
traded funds on or about October 21,
2016.
|
ETF
Name
|
Ticker
Symbol
|
Distribution
per Unit
|
Annualized
Yield*
|
Frequency
|
|
Horizons Active
Corporate Bond ETF
|
HAB
|
$0.03029
|
3.33%
|
Monthly
|
|
HAB.A
|
$0.02528
|
2.78%
|
Monthly
|
|
Horizons Active Cdn
Bond ETF
|
HAD
|
$0.02486
|
2.90%
|
Monthly
|
|
HAD.A
|
$0.02006
|
2.34%
|
Monthly
|
|
Horizons Active
Global Fixed Income ETF
|
HAF
|
$0.02417
|
3.67%
|
Monthly
|
|
HAF.A
|
$0.02051
|
3.12%
|
Monthly
|
|
Horizons Active
Emerging Markets Dividend ETF
|
HAJ
|
$0.02096
|
1.91%
|
Monthly
|
|
HAJ.A
|
$0.01174
|
1.07%
|
Monthly
|
|
Horizons Active Cdn
Dividend ETF
|
HAL
|
$0.04105
|
3.34%
|
Monthly
|
|
HAL.A
|
$0.03069
|
2.50%
|
Monthly
|
|
Horizons Active US
Dividend ETF(1)
|
HAU
|
$0.01847
|
2.06%
|
Monthly
|
|
HAU.U
|
$0.01847
|
2.06%
|
Monthly
|
|
HAU.A
|
$0.01086
|
1.21%
|
Monthly
|
|
Horizons Active
Global Dividend ETF
|
HAZ
|
$0.03990
|
2.63%
|
Monthly
|
|
HAZ.A
|
$0.02716
|
1.79%
|
Monthly
|
|
Horizons Active
Floating Rate Preferred Share ETF
|
HFP
|
$0.02963
|
4.26%
|
Monthly
|
|
HFP.A
|
$0.02553
|
3.68%
|
Monthly
|
|
Horizons Active
Floating Rate Bond ETF
|
HFR
|
$0.01764
|
2.11%
|
Monthly
|
|
HFR.A
|
$0.01273
|
1.52%
|
Monthly
|
|
Horizons Active Cdn
Municipal Bond ETF
|
HMP
|
$0.01831
|
2.21%
|
Monthly
|
|
HMP.A
|
$0.01364
|
1.65%
|
Monthly
|
|
Horizons Active
Preferred Share ETF
|
HPR
|
$0.03040
|
4.31%
|
Monthly
|
|
HPR.A
|
$0.02648
|
3.75%
|
Monthly
|
|
Horizons Active
Floating Rate Senior Loan ETF
|
HSL
|
$0.02692
|
3.26%
|
Monthly
|
|
HSL.A
|
$0.02234
|
2.71%
|
Monthly
|
|
Horizons Active US
Floating Rate Bond (USD) ETF(2)
|
HUF.U
|
$0.01227
|
1.47%
|
Monthly
|
|
HUF
|
$0.01227
|
1.47%
|
Monthly
|
|
HUF.V
|
$0.00760
|
0.91%
|
Monthly
|
|
Horizons Active High
Yield Bond ETF
|
HYI
|
$0.04805
|
5.70%
|
Monthly
|
|
HYI.A
|
$0.04334
|
5.14%
|
Monthly
|
|
|
|
* Based on
the applicable October 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 $0.01407 per unit. For unitholders who hold the 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 $0.01611 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 more than
$6.5 billion of assets under
management. 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.