TORONTO, Sept. 21, 2018 /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 September 30, 2018, as indicated in the table
below.
The ex-dividend date for the Distributions is anticipated to be
September 27, 2018, for all
unitholders of record on September 28,
2018. 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 11, 2018.
Horizons ETFs has made an additional announcement regarding the
September 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
|
$0.02796
|
3.19%
|
Monthly
|
|
Horizons Active Cdn
Bond ETF
|
HAD
|
$0.02147
|
2.65%
|
Monthly
|
|
Horizons Active Intl
Developed Markets Equity ETF
|
HADM
|
$0.04974
|
2.02%
|
Quarterly
|
|
Horizons Active
Global Fixed Income ETF
|
HAF
|
$0.01594
|
2.42%
|
Monthly
|
|
Horizons Active
Emerging Markets Dividend ETF
|
HAJ
|
$0.05032
|
1.51%
|
Quarterly
|
|
Horizons Active Cdn
Dividend ETF
|
HAL
|
$0.12792
|
3.10%
|
Quarterly
|
|
Horizons Active US
Dividend ETF(1)
|
HAU
|
$0.05204
|
1.65%
|
Quarterly
|
|
HAU.U
|
$0.05204
|
1.65%
|
Quarterly
|
|
Horizons Active
Global Dividend ETF
|
HAZ
|
$0.11007
|
2.06%
|
Quarterly
|
|
Horizons China High
Dividend Yield Index ETF
|
HCN
|
$0.38059
|
6.12%
|
Quarterly
|
|
Horizons Active
Emerging Markets Bond ETF
|
HEMB
|
$0.03063
|
3.73%
|
Monthly
|
|
Horizons S&P/TSX
60 Equal Weight Index ETF
|
HEW
|
$0.06575
|
1.85%
|
Quarterly
|
|
Horizons Active
Floating Rate Preferred Share ETF
|
HFP
|
$0.02936
|
3.60%
|
Monthly
|
|
Horizons Active
Floating Rate Bond ETF
|
HFR
|
$0.01876
|
2.25%
|
Monthly
|
|
Horizons Cdn Insider
Index ETF
|
HII
|
$0.05876
|
1.91%
|
Quarterly
|
|
Horizons Emerging
Marijuana Growers Index ETF(2)
|
HMJR
|
$0.09311
|
|
|
|
Horizons Marijuana
Life Sciences Index ETF(3)
|
HMMJ
|
$0.19568
|
3.01%
|
Quarterly
|
|
HMMJ.U
|
$0.19568
|
3.01%
|
Quarterly
|
|
Horizons Active Cdn
Municipal Bond ETF
|
HMP
|
$0.01629
|
2.02%
|
Monthly
|
|
Horizons Canadian
Midstream Oil & Gas Index ETF
|
HOG
|
$0.10080
|
4.55%
|
Quarterly
|
|
Horizons Active
Preferred Share ETF
|
HPR
|
$0.03052
|
3.80%
|
Monthly
|
|
Horizons Active
Floating Rate Senior Loan ETF
|
HSL
|
$0.02860
|
3.52%
|
Monthly
|
|
Horizons Active US
Floating Rate Bond (USD) ETF(4)
|
HUF.U
|
$0.02166
|
2.57%
|
Monthly
|
|
HUF
|
$0.02166
|
2.57%
|
Monthly
|
|
Horizons Active High
Yield Bond ETF
|
HYI
|
$0.05207
|
6.35%
|
Monthly
|
|
Horizons Inovestor
Canadian Equity Index ETF
|
INOC
|
$0.05379
|
2.07%
|
Quarterly
|
|
* Based on
the applicable September 20, 2018 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 $0.04033 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)
|
The units of Horizons
Emerging Marijuana Growers Index ETF began trading on February 14,
2018. The distributions attributable to those units have been
pro-rated from its launch date. Distributions for HMJR 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.
|
|
(3)
|
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 $0.15165 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.
|
|
(4)
|
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 $0.02795 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 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 $11
billion of assets under management and 83 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.
