TORONTO, Nov. 22, 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 November 30, 2019, as indicated in the table
below.
The ex-dividend date for the Distributions is anticipated to be
November 28, 2019, for all
unitholders of record on November 29,
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 December 11, 2019.
Horizons ETFs has made an additional announcement regarding the
November 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
|
$0.02682
|
2.92%
|
Monthly
|
|
Horizons Active Cdn
Bond ETF
|
HAD
|
$0.01760
|
2.03%
|
Monthly
|
|
Horizons Active
Global Fixed Income ETF
|
HAF
|
$0.02449
|
3.80%
|
Monthly
|
|
Horizons Active
Emerging Markets Bond ETF
|
HEMB
|
$0.03551
|
4.30%
|
Monthly
|
|
Horizons Active
Floating Rate Preferred Share ETF
|
HFP
|
$0.03209
|
4.88%
|
Monthly
|
|
Horizons Active
Floating Rate Bond ETF
|
HFR
|
$0.02236
|
2.67%
|
Monthly
|
|
Horizons Active Cdn
Municipal Bond ETF
|
HMP
|
$0.02026
|
2.45%
|
Monthly
|
|
Horizons Active
Preferred Share ETF
|
HPR
|
$0.03342
|
5.04%
|
Monthly
|
|
Horizons Active
Floating Rate Senior Loan ETF
|
HSL
|
$0.02704
|
3.41%
|
Monthly
|
|
Horizons Active US
Floating Rate Bond (USD) ETF(1)
|
HUF.U
|
$0.02328
|
2.77%
|
Monthly
|
|
HUF
|
$0.02328
|
2.77%
|
Monthly
|
|
Horizons Active High
Yield Bond ETF
|
HYI
|
$0.04983
|
6.25%
|
Monthly
|
|
* Based on the applicable November
21, 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 $0.03092 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 approximately $10 billion of
assets under management and 91 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.
