TORONTO, Feb. 19, 2014 /CNW/ - Horizons ETFs Management (Canada) Inc.
and its affiliate AlphaPro Management Inc. (collectively "Horizons ETFs") 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 February 28, 2014, as indicated in the table
below.
The ex-dividend date for the Distributions is anticipated to be February
26, 2014, for all unitholders of record on February 28, 2014. 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 March 10, 2014.
Horizons ETFs will make an additional announcement of the February
distributions for its family of covered call exchange traded funds on
or about February 20, 2014.
|
ETF Name
|
Ticker
Symbol
|
Distribution
per Unit
|
Annualized
Yield *
|
Frequency
|
|
Horizons Active Corporate Bond ETF
|
HAB
|
$0.03004
|
3.39%
|
Monthly
|
|
HAB.A
|
$0.02530
|
2.85%
|
Monthly
|
|
Horizons Active Cdn Bond ETF
|
HAD
|
$0.02266
|
2.79%
|
Monthly
|
|
HAD.A
|
$0.01814
|
2.23%
|
Monthly
|
|
Horizons Active Yield Matched Duration ETF
|
HAF
|
$0.02433
|
3.49%
|
Monthly
|
|
HAF.A
|
$0.02053
|
2.95%
|
Monthly
|
|
Horizons Active Emerging Markets Dividend ETF
|
HAJ
|
$0.02105
|
2.35%
|
Monthly
|
|
HAJ.A
|
$0.01312
|
1.47%
|
Monthly
|
|
Horizons Active Cdn Dividend ETF
|
HAL
|
$0.03387
|
3.02%
|
Monthly
|
|
HAL.A
|
$0.02435
|
2.17%
|
Monthly
|
|
Horizons Active Global Dividend ETF
|
HAZ
|
$0.02823
|
2.31%
|
Monthly
|
|
HAZ.A
|
$0.01771
|
1.45%
|
Monthly
|
|
Horizons Active Preferred Share ETF
|
HPR
|
$0.03544
|
4.32%
|
Monthly
|
|
HPR.A
|
$0.03083
|
3.76%
|
Monthly
|
|
Horizons Active Floating Rate Preferred Share ETF
|
HFP
|
$0.02720
|
3.26%
|
Monthly
|
|
HFP.A
|
$0.02242
|
2.69%
|
Monthly
|
|
Horizons Active Floating Rate Bond ETF
|
HFR
|
$0.01806
|
2.13%
|
Monthly
|
|
HFR.A
|
$0.01306
|
1.54%
|
Monthly
|
|
Horizons Active US Floating Rate Bond (USD) ETF (1)
|
HUF.U
|
$0.01263
|
1.50%
|
Monthly
|
|
HUF
|
$0.01263
|
1.50%
|
Monthly
|
|
HUF.V
|
$0.00786
|
0.93%
|
Monthly
|
|
Horizons Active High Yield Bond ETF
|
HYI
|
$0.05902
|
6.55%
|
Monthly
|
|
HYI.A
|
$0.05393
|
5.98%
|
Monthly
|
| |
* Based on the applicable February 18, 2014 net asset value per unit
which is available at www.HorizonsETFs.com.
|
|
(1)
|
Distributions for 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 Distributions will vary from period to period.
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 $4.1 billion in assets under management and 70 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 2014