TORONTO, Sept. 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
September 30, 2017, as indicated in
the table below.
The ex-dividend date for the Distributions is anticipated to be
September 28, 2017, for all
unitholders of record on September 29,
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 October
12, 2017.
Horizons ETFs will make an additional announcement regarding the
September distributions for its family of covered call exchange
traded funds on or about September 21,
2017.
|
ETF
Name
|
Ticker
Symbol
|
Distribution per
Unit
|
Annualized
Yield*
|
Frequency
|
|
Horizons Active
Corporate Bond ETF
|
HAB
|
$0.02809
|
3.17%
|
Monthly
|
|
Horizons Active Cdn
Bond ETF
|
HAD
|
$0.02323
|
2.87%
|
Monthly
|
|
Horizons Active
Global Fixed Income ETF
|
HAF
|
$0.01954
|
2.93%
|
Monthly
|
|
Horizons Active
Emerging Markets Dividend ETF
|
HAJ
|
$0.05857
|
1.76%
|
Quarterly
|
|
Horizons Active Cdn
Dividend ETF
|
HAL
|
$0.12928
|
3.35%
|
Quarterly
|
|
Horizons Active US
Dividend ETF(1)
|
HAU
|
$0.05444
|
1.90%
|
Quarterly
|
|
HAU.U
|
$0.05444
|
1.90%
|
Quarterly
|
|
Horizons Active
Global Dividend ETF
|
HAZ
|
$0.11444
|
2.31%
|
Quarterly
|
|
Horizons S&P/TSX
60 Equal Weight Index ETF
|
HEW
|
$0.05607
|
1.69%
|
Quarterly
|
|
Horizons Active
Floating Rate Preferred Share ETF
|
HFP
|
$0.02955
|
3.72%
|
Monthly
|
|
Horizons Active
Floating Rate Bond ETF
|
HFR
|
$0.01693
|
2.02%
|
Monthly
|
|
Horizons Active Cdn
Municipal Bond ETF
|
HMP
|
$0.01686
|
2.07%
|
Monthly
|
|
Horizons Active
Preferred Share ETF
|
HPR
|
$0.03080
|
3.93%
|
Monthly
|
|
Horizons Active
Floating Rate Senior Loan ETF
|
HSL
|
$0.02482
|
3.04%
|
Monthly
|
|
Horizons Active US
Floating Rate Bond (USD) ETF(2)
|
HUF.U
|
$0.01188
|
1.41%
|
Monthly
|
|
HUF
|
$0.01188
|
1.41%
|
Monthly
|
|
Horizons Active High
Yield Bond ETF
|
HYI
|
$0.04582
|
5.38%
|
Monthly
|
|
Horizons China High
Dividend Yield Index ETF
|
HCN
|
$0.21604
|
3.45%
|
Quarterly
|
|
Horizons Cdn Insider
Index ETF
|
HII
|
$0.05554
|
1.87%
|
Quarterly
|
|
Horizons Canadian
Midstream Oil & Gas Index ETF
|
HOG
|
$0.09980
|
4.31%
|
Quarterly
|
|
Horizons Marijuana
Life Sciences Index ETF(3)
|
HMMJ
|
$0.22423
|
|
|
|
HMMJ.U
|
$0.22423
|
|
|
|
*
|
Based on the
applicable September 19, 2017 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 $0.04434 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 $0.01458 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.
|
|
(3)
|
The units of Horizons
Marijuana Life Sciences Index ETF began trading on April 4, 2017.
The distributions attributable to those units have been pro-rated
from its launch date. Distributions for Horizons Marijuana Life
Sciences Index ETF are declared and paid in Canadian dollars,
including those listed under the U.S. dollar traded ticker HMMJ.U.
The approximate U.S. dollar equivalent distribution rate for HMMJ.U
is $ 0.18265 per unit. For unitholders who hold the U.S. dollar
traded HMMJ.U, distribution payments will typically be converted to
U.S. dollars by the unitholder's account holder. Distributions for
HMMJ/HMMJ.U are declared at the discretion of Horizons ETFs and may
not be announced with a set frequency. With a limited operating
history, Horizons ETFs believes that the disclosure of an
annualized yield for the ETF at this time would be misleading to
unitholders.
|
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 $8.2
billion of assets under management and 76 ETFs listed on the
Toronto Stock Exchange. Horizons ETFs Management (Canada) Inc. is a member of the Mirae Asset
Global Investments Group.
SOURCE Horizons ETFs Management (Canada) Inc.