TORONTO, Feb. 21, 2019 /CNW/ - Horizons ETFs
Management (Canada)
Inc. ("Horizons ETFs") is pleased to announce the
distribution amounts per unit (the "Distributions") for
certain of its of exchange traded funds (the "ETFs") for the
period ending February 28, 2019, as
indicated in the table below.
The ex-dividend date for the Distributions is anticipated to be
February 27, 2019, for all
unitholders of record on February 28,
2019. 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 March 12, 2019.
Horizons ETFs has made an additional announcement regarding the
February distributions for its family of covered call ETFs in a
separate press release.
|
ETF
Name
|
Ticker
Symbol
|
Distribution
per Unit
|
Annualized
Yield*
|
Frequency
|
|
Horizons Active
Corporate Bond ETF
|
HAB
|
$0.02814
|
3.17%
|
Monthly
|
|
Horizons Active Cdn
Bond ETF
|
HAD
|
$0.02070
|
2.49%
|
Monthly
|
|
Horizons Active
Global Fixed Income ETF
|
HAF
|
$0.01804
|
2.77%
|
Monthly
|
|
Horizons Active
Emerging Markets Bond ETF
|
HEMB
|
$0.03490
|
4.18%
|
Monthly
|
|
Horizons Active
Floating Rate Preferred Share ETF
|
HFP
|
$0.03199
|
4.58%
|
Monthly
|
|
Horizons Active
Floating Rate Bond ETF
|
HFR
|
$0.02213
|
2.65%
|
Monthly
|
|
Horizons Active Cdn
Municipal Bond ETF
|
HMP
|
$0.01725
|
2.11%
|
Monthly
|
|
Horizons Active
Preferred Share ETF
|
HPR
|
$0.03239
|
4.66%
|
Monthly
|
|
Horizons Active
Floating Rate Senior Loan ETF
|
HSL
|
$0.02968
|
3.73%
|
Monthly
|
|
Horizons Active US
Floating Rate Bond (USD) ETF(1)
|
HUF.U
|
$0.02777
|
3.33%
|
Monthly
|
|
HUF
|
$0.02777
|
3.33%
|
Monthly
|
|
Horizons Active High
Yield Bond ETF
|
HYI
|
$0.05205
|
6.55%
|
Monthly
|
|
|
|
*
|
Based on the
applicable February 20, 2019, net asset value per unit, which is
available at www.HorizonsETFs.com.
|
|
|
|
(1)
|
Distributions for the
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 $0.03659 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. (www.HorizonsETFs.com)
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 family 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 has more than $10 billion of
assets under management and 85 ETFs listed on major Canadian stock
exchanges. Horizons ETFs Management (Canada) Inc. is a member of the Mirae Asset
Global Investments Group.
Horizons ETFs is a member of Mirae Asset Global Investments.
Commissions, management fees and expenses all may be associated
with an investment in exchange traded products managed by Horizons
ETFs Management (Canada) Inc. (the
"Horizons Exchange Traded Products"). The Horizons Exchange Traded
Products are not guaranteed, their values change frequently and
past performance may not be repeated. The prospectus contains
important detailed information about the Horizons Exchange Traded
Products. Please read the relevant prospectus before
investing.
SOURCE Horizons ETFs Management (Canada) Inc.