Distribution yield down again! Add that to the current unrealised cap. loss since purchase, this was definitely NOT one of my smarter investment moves...Prefer BMO ETF 'ZWB'...
Horizons ETFs Announces March 2012 Distributions
Horizons Exchange Traded Funds Inc. ("Horizons ETFs") and its affiliate AlphaPro Management Inc. 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 March 31, 2012, as indicated in the table below.
The ex-dividend date for the Distributions is anticipated to be March 28, 2012, for all unitholders of record on March 30, 2012. The Distributions 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 April 12, 2012.
CLASS E UNITS
_____________________________________________________________________
|ETF Name | Ticker | Distribution | Annualized | |
| | Symbol | per Unit | Yield * | Frequency |
|____________________|________|______________|____________|___________|
|Horizons Enhanced | | | | |
|Income Equity ETF | HEX |
.07042 | 10.62% | Monthly |
|____________________|________|______________|____________|___________|
|Horizons Enhanced | | | | |
|Income Energy ETF | HEE |
.08061 | 12.73% | Monthly |
|____________________|________|______________|____________|___________|
|Horizons Enhanced | | | | |
|Income Gold | | | | |
|Producers ETF | HEP |
.09130 | 15.21% | Monthly |
|____________________|________|______________|____________|___________|
|Horizons Enhanced | | | | |
|Income Financials | | | | |
|ETF | HEF |
.05512 | 7.53% | Monthly |
|____________________|________|______________|____________|___________|
|Horizons Enhanced | | | | |
|Income International| | | | |
|Equity ETF | HEJ |
.11279 | 13.05% | Monthly |
|____________________|________|______________|____________|___________|
|Horizons Enhanced | | | | |
|Income US Equity | | | | |
|(USD) ETF( (1))( ) | HEA.U |
.09041 | 9.86% | Monthly |
|____________________|________|______________|____________|___________|
|Horizons Gold Yield | | | | |
|ETF ((2)) | HGY |
.08250 | 10.22% | Monthly |
|____________________|________|______________|____________|___________|
|Horizons Silver | | | | |
|Yield ETF ((3)) | HZY |
.08250 | 10.47% | Monthly |
|____________________|________|______________|____________|___________|
|Horizons Crude Oil | | | | |
|Yield ETF ((3)) | HOY |
.09750 | 11.61% | Monthly |
|____________________|________|______________|____________|___________|
|Horizons Natural Gas| | | | |
|Yield ETF ((3)) | HNY |
.12500 | 15.16% | Monthly |
|____________________|________|______________|____________|___________|
ADVISOR CLASS UNITS
_____________________________________________________________________
|ETF Name | Ticker | Distribution | Annualized | |
| | Symbol | per Unit | Yield * | Frequency |
|____________________|________|______________|____________|___________|
|Horizons Enhanced | | | | |
|Income Equity ETF | HEX.A |
.06541 | 9.83% | Monthly |
|____________________|________|______________|____________|___________|
|Horizons Enhanced | | | | |
|Income Energy ETF | HEE.A |
.07608 | 11.94% | Monthly |
|____________________|________|______________|____________|___________|
|Horizons Enhanced | | | | |
|Income Gold | | | | |
|Producers ETF | HEP.A |
.08613 | 14.42% | Monthly |
|____________________|________|______________|____________|___________|
|Horizons Enhanced | | | | |
|Income Financials | | | | |
|ETF | HEF.A |
.04954 | 6.75% | Monthly |
|____________________|________|______________|____________|___________|
|Horizons Enhanced | | | | |
|Income International| | | | |
|Equity ETF | HEJ.A |
.10626 | 12.30% | Monthly |
|____________________|________|______________|____________|___________|
|Horizons Enhanced | | | | |
|Income US Equity | | | | |
|(USD) ETF ((1))( ) | HEA.V |
.08317 | 9.07% | Monthly |
|____________________|________|______________|____________|___________|
|Horizons Gold Yield | | | | |
|ETF ((2)) | HGY.A |
.07559 | 9.37% | Monthly |
|____________________|________|______________|____________|___________|
|Horizons Silver | | | | |
|Yield ETF ((3)) | HZY.A |
.07578 | 9.62% | Monthly |
|____________________|________|______________|____________|___________|
|Horizons Crude Oil | | | | |
|Yield ETF ((3)) | HOY.A |
.09034 | 10.77% | Monthly |
|____________________|________|______________|____________|___________|
|Horizons Natural Gas| | | | |
|Yield ETF ((3)) | HNY.A |
.11796 | 14.31% | Monthly |
|____________________|________|______________|____________|___________|
* Based on the applicable March 20, 2012 net asset value per unit
Distributions will vary from period to period.