TORONTO, April 18, 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
April 30, 2017, as indicated in the
table below.
The ex-dividend date for the Distributions is anticipated to be
April 25, 2017, for all unitholders
of record on April 27, 2017. All
Distributions for Advisor Class units (ticker symbols are denoted
as '.A' and '.V' in the table below) will be paid in cash. The
Distributions for Class E 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 Class E units of
the applicable ETF, on or about May
9, 2017.
As noted in a press release dated December 29, 2016, Horizons ETFs will be
eliminating the Advisor Class units at the end of this month, so
this will be the final Distribution paid on Advisor Class units.
Advisor Class units will convert to Class E units after the close
of business on April 28, 2017 (the
"Conversion Date") at a ratio to be determined by the
respective net asset values of each class of unit on that date.
Advisor Class unitholders who have their units converted to Class E
units will receive any future Distributions paid on Class E units
while they continue to be holders of record of those Class E units.
The service fee payable on Advisor Class units for the month of
April will be paid on or about May 12,
2017 to registered dealers whose clients are Advisor Class
unitholders of record as at the Conversion Date.
Horizons ETFs will make an additional announcement regarding the
April distributions for its family of covered call exchange traded
funds on or about April 19, 2017.
|
ETF
Name
|
Ticker
Symbol
|
Distribution
per Unit
|
Annualized
Yield*
|
Frequency
|
|
Horizons Active
Corporate Bond ETF
|
HAB
|
$0.02869
|
3.15%
|
Monthly
|
|
HAB.A
|
$0.02366
|
2.59%
|
Monthly
|
|
Horizons Active Cdn
Bond ETF
|
HAD
|
$0.02340
|
2.81%
|
Monthly
|
|
HAD.A
|
$0.01865
|
2.24%
|
Monthly
|
|
Horizons Active
Global Fixed Income ETF
|
HAF
|
$0.02038
|
3.02%
|
Monthly
|
|
HAF.A
|
$0.01664
|
2.47%
|
Monthly
|
|
Horizons Active
Emerging Markets Dividend ETF
|
HAJ
|
$0.02100
|
1.91%
|
Monthly
|
|
HAJ.A
|
$0.01176
|
1.07%
|
Monthly
|
|
Horizons Active Cdn
Dividend ETF
|
HAL
|
$0.04415
|
3.38%
|
Monthly
|
|
HAL.A
|
$0.03312
|
2.53%
|
Monthly
|
|
Horizons Active US
Dividend ETF(1)
|
HAU
|
$0.01850
|
1.85%
|
Monthly
|
|
HAU.U
|
$0.01850
|
1.85%
|
Monthly
|
|
HAU.A
|
$0.01001
|
1.00%
|
Monthly
|
|
Horizons Active
Global Dividend ETF
|
HAZ
|
$0.03972
|
2.35%
|
Monthly
|
|
HAZ.A
|
$0.02554
|
1.51%
|
Monthly
|
|
Horizons Active
Floating Rate Preferred Share ETF
|
HFP
|
$0.03032
|
3.83%
|
Monthly
|
|
HFP.A
|
$0.02566
|
3.24%
|
Monthly
|
|
Horizons Active
Floating Rate Bond ETF
|
HFR
|
$0.01690
|
2.01%
|
Monthly
|
|
HFR.A
|
$0.01195
|
1.42%
|
Monthly
|
|
Horizons Active Cdn
Municipal Bond ETF
|
HMP
|
$0.01735
|
2.10%
|
Monthly
|
|
HMP.A
|
$0.01269
|
1.54%
|
Monthly
|
|
Horizons Active
Preferred Share ETF
|
HPR
|
$0.03179
|
4.04%
|
Monthly
|
|
HPR.A
|
$0.02742
|
3.48%
|
Monthly
|
|
Horizons Active
Floating Rate Senior Loan ETF
|
HSL
|
$0.02647
|
3.21%
|
Monthly
|
|
HSL.A
|
$0.02190
|
2.66%
|
Monthly
|
|
Horizons Active US
Floating Rate Bond (USD) ETF(2)
|
HUF.U
|
$0.01262
|
1.50%
|
Monthly
|
|
HUF
|
$0.01262
|
1.50%
|
Monthly
|
|
HUF.V
|
$0.00793
|
0.94%
|
Monthly
|
|
Horizons Active High
Yield Bond ETF
|
HYI
|
$0.04959
|
5.83%
|
Monthly
|
|
HYI.A
|
$0.04485
|
5.27%
|
Monthly
|
|
|
* Based on
the applicable April 17, 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 $0.01390 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 $0.01680 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 $7.5
billion of assets under management. With 77 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.
