TORONTO, July 24, 2020 /CNW/ - Horizons ETFs Management
(Canada) Inc. ("Horizons
ETFs") is pleased to announce the distribution amounts per unit
(the "Distributions") for certain of its exchange traded
funds (the "ETFs") for the period ending July 31, 2020, as indicated in the table
below.
The ex-dividend date for the Distributions is anticipated to be
July 30, 2020, for all unitholders of
record on July 31, 2020. 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 August
13, 2020.
Horizons ETFs has made an additional announcement regarding the
July 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
|
$0.02869
|
3.01%
|
Monthly
|
|
Horizons Active Cdn
Bond ETF
|
HAD
|
$0.01885
|
2.04%
|
Monthly
|
|
Horizons Active
Global Fixed Income ETF
|
HAF
|
$0.01875
|
3.01%
|
Monthly
|
|
Horizons Active
Emerging Markets Bond ETF
|
HEMB
|
$0.03287
|
4.02%
|
Monthly
|
|
Horizons Active
Floating Rate Preferred Share ETF
|
HFP
|
$0.03472
|
5.83%
|
Monthly
|
|
Horizons Active
Ultra-Short Term Investment Grade Bond ETF
|
HFR
|
$0.02131
|
2.55%
|
Monthly
|
|
Horizons Active Cdn
Municipal Bond ETF
|
HMP
|
$0.01867
|
2.20%
|
Monthly
|
|
Horizons Active
Preferred Share ETF
|
HPR
|
$0.03527
|
5.81%
|
Monthly
|
|
Horizons Active
Floating Rate Senior Loan ETF
|
HSL
|
$0.01882
|
2.45%
|
Monthly
|
|
Horizons Active
Ultra-Short Term US Investment Grade Bond
ETF(1)
|
HUF.U
|
$0.02031
|
2.43%
|
Monthly
|
|
HUF
|
$0.02031
|
2.43%
|
Monthly
|
|
Horizons Active High
Yield Bond ETF
|
HYI
|
$0.04646
|
6.26%
|
Monthly
|
|
* Based on the applicable July 23,
2020, net asset value per unit, which is available at
www.HorizonsETFs.com.
|
|
|
|
(1)
|
Distributions for the
Horizons Active Ultra-Short Term US Investment Grade Bond 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 $0.02723 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
$14 billion of assets under
management and 92 ETFs listed on major Canadian stock
exchanges.
Commissions, management fees and expenses all may be associated
with an investment in exchange traded products (the "Horizons
Exchange Traded Products") managed by Horizons ETFs Management
(Canada) Inc. 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.
