TORONTO, Aug. 23, 2019 /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 August 31, 2019, as
indicated in the table below.
The ex-dividend date for the Distributions is anticipated to be
August 29, 2019, for all unitholders
of record on August 30, 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 September
12, 2019.
Horizons ETFs has made an additional announcement regarding the
August 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
|
$0.02680
|
2.91%
|
Monthly
|
|
Horizons Active Cdn
Bond ETF
|
HAD
|
$0.01936
|
2.24%
|
Monthly
|
|
Horizons Active
Global Fixed Income ETF
|
HAF
|
$0.02036
|
3.18%
|
Monthly
|
|
Horizons Active
Emerging Markets Bond ETF
|
HEMB
|
$0.03786
|
4.51%
|
Monthly
|
|
Horizons Active
Floating Rate Preferred Share ETF
|
HFP
|
$0.03238
|
5.25%
|
Monthly
|
|
Horizons Active
Floating Rate Bond ETF
|
HFR
|
$0.02086
|
2.49%
|
Monthly
|
|
Horizons Active Cdn
Municipal Bond ETF
|
HMP
|
$0.01884
|
2.27%
|
Monthly
|
|
Horizons Active
Preferred Share ETF
|
HPR
|
$0.03301
|
5.29%
|
Monthly
|
|
Horizons Active
Floating Rate Senior Loan ETF
|
HSL
|
$0.03114
|
3.91%
|
Monthly
|
|
Horizons Active US
Floating Rate Bond (USD) ETF(1)
|
HUF.U
|
$0.02353
|
2.80%
|
Monthly
|
|
HUF
|
$0.02353
|
2.80%
|
Monthly
|
|
Horizons Active High
Yield Bond ETF
|
HYI
|
$0.04711
|
5.90%
|
Monthly
|
|
* Based on the applicable August 22,
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 $0.03129 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 90 ETFs listed on major Canadian stock exchanges.
Horizons ETFs Management (Canada)
Inc. is a member of the Mirae Asset Global Investments Group.
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.
