Canada NewsWire
TORONTO, Nov. 23, 2017
TORONTO, Nov. 23, 2017 /CNW/ - Horizons ETFs Management
(Canada) Inc. ("Horizons ETFs") is 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 November 30, 2017, as indicated in the table below.
The ex-dividend date for the Distributions is anticipated to be November 29, 2017, for all
unitholders of record on November 30, 2017. 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 12, 2017.
Horizons ETFs has made an additional announcement regarding the November distributions for its family of covered call exchange
traded funds in a separate press release.
|
ETF Name
|
Ticker
Symbol
|
Distribution
per Unit
|
Annualized
Yield*
|
Frequency
|
|
Horizons Active Corporate Bond ETF
|
HAB
|
$0.02769
|
3.08%
|
Monthly
|
|
Horizons Active Cdn Bond ETF
|
HAD
|
$0.02254
|
2.73%
|
Monthly
|
|
Horizons Active Global Fixed Income ETF
|
HAF
|
$0.01791
|
2.67%
|
Monthly
|
|
Horizons Active Floating Rate Preferred Share ETF
|
HFP
|
$0.02973
|
3.62%
|
Monthly
|
|
Horizons Active Floating Rate Bond ETF
|
HFR
|
$0.01939
|
2.31%
|
Monthly
|
|
Horizons Active Cdn Municipal Bond ETF
|
HMP
|
$0.01656
|
2.03%
|
Monthly
|
|
Horizons Active Preferred Share ETF
|
HPR
|
$0.03073
|
3.79%
|
Monthly
|
|
Horizons Active Floating Rate Senior Loan ETF
|
HSL
|
$0.02380
|
2.92%
|
Monthly
|
|
Horizons Active US Floating Rate Bond (USD) ETF(1)
|
HUF.U
|
$0.01923
|
2.27%
|
Monthly
|
|
HUF
|
$0.01923
|
2.27%
|
Monthly
|
|
Horizons Active High Yield Bond ETF
|
HYI
|
$0.04863
|
5.75%
|
Monthly
|
|
|
* Based on the applicable November 22, 2017 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 approximate Canadian dollar equivalent distribution rate
for HUF is $0.02443 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.
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 suite
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 currently has more than $9.0 billion of assets under
management and 80 ETFs listed on the Toronto Stock Exchange. Horizons ETFs Management (Canada)
Inc. is a member of the Mirae Asset Global InvestWebsite - www.horizonsetfs.comments Group.
SOURCE Horizons ETFs Management (Canada) Inc.
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