TORONTO, Dec. 31, 2013 /CNW/ - Horizons ETFs Management (Canada) Inc.
and its affiliate AlphaPro Management Inc. (collectively "Horizons ETFs") confirm today the annual distribution of capital gains to unitholders
of certain of the exchange traded funds that Horizons ETFs manages (the
"ETFs") for the 2013 tax year as indicated in the table below. Please note
that this is an update to the estimated annual capital gains
distributions previously announced on December 18, 2013. Any ETFs that
were previously estimated to have a nil capital gains distribution are
confirmed as such.
Each of the ETFs is required to distribute any net income and capital
gains that they have earned in the year. The annual capital gains
distributions will not be paid in cash but will be reinvested and
reported as taxable distributions and will be used to increase each
unitholder's adjusted cost base for the respective ETF. These amounts
are for the annual capital gains distributions and do not include the
regular monthly or quarterly cash distributions, as applicable,
announced on December 18, 2013.
The ex-dividend date for these distributions was December 27, 2013, for
all unitholders of record on December 31, 2013. In early 2014, the tax
characteristics of all distributions for 2013 for the ETFs will be
reported to brokers via CDS.
|
ETF Name
|
Ticker Symbol
|
Final Confirmed
Annual Capital
Gains per Unit
|
Estimated Annual
Capital Gains per
unit announced on
December 18, 2013
|
|
Horizons Active Diversified Income ETF
|
HAA
|
$0.84024
|
$0.84024
|
|
HAA.A
|
$0.84033
|
$0.84033
|
|
Horizons Seasonal Rotation ETF
|
HAC
|
$0.78222
|
$0.78222
|
|
HAC.A
|
$0.67730
|
$0.67730
|
|
Horizons Universa Canadian Black Swan ETF
|
HUT
|
$0.14363
|
$0.14363
|
|
HUT.A
|
$0.14350
|
$0.14350
|
|
Horizons Universa US Black Swan ETF
|
HUS.U
|
$1.47157
|
$1.47157
|
|
HUS.V
|
$1.46901
|
$1.46901
|
About Horizons ETFs Management (Canada) Inc. (www.HorizonsETFs.com)
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. With
approximately $4.2 billion in assets under management and 73 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 Financial Group.
SOURCE Horizons ETFs Management (Canada) Inc.
Martin Fabregas, Investor Relations, (416) 601-2508 or 1-866-641-5739
Copyright CNW Group 2013