TORONTO, Oct. 20, 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 October 31, 2017, as indicated
in the table below.
The ex-dividend date for the Distributions is anticipated to be
October 30, 2017, for all unitholders
of record on October 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 November
10, 2017.
Horizons ETFs will make an additional announcement regarding the
October distributions for its family of covered call exchange
traded funds on or about October 23,
2017.
|
ETF
Name
|
Ticker
Symbol
|
Distribution
per Unit
|
Annualized
Yield*
|
Frequency
|
|
Horizons Active
Corporate Bond ETF
|
HAB
|
$0.02769
|
3.10%
|
Monthly
|
|
Horizons Active Cdn
Bond ETF
|
HAD
|
$0.02254
|
2.76%
|
Monthly
|
|
Horizons Active
Global Fixed Income ETF
|
HAF
|
$0.01791
|
2.67%
|
Monthly
|
|
Horizons Active
Floating Rate Preferred Share ETF
|
HFP
|
$0.02973
|
3.64%
|
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
|
3.82%
|
Monthly
|
|
Horizons Active
Floating Rate Senior Loan ETF
|
HSL
|
$0.02380
|
2.91%
|
Monthly
|
|
Horizons Active US
Floating Rate Bond (USD) ETF(1)
|
HUF.U
|
$0.01499
|
1.77%
|
Monthly
|
|
HUF
|
$0.01499
|
1.77%
|
Monthly
|
|
Horizons Active High
Yield Bond ETF
|
HYI
|
$0.04863
|
5.69%
|
Monthly
|
|
|
* Based on the
applicable October 19, 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 $0.01871 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 $8.7
billion of assets under management and 77 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.