Canada NewsWire
TORONTO, Aug. 24, 2018
TORONTO, Aug. 24, 2018 /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 August 31, 2018, as indicated in the table below.
The ex-dividend date for the Distributions is anticipated to be August 30, 2018, for all
unitholders of record on August 31, 2018. 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 September 13, 2018.
Horizons ETFs has made an additional announcement regarding the August 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
|
$0.02796
|
3.16%
|
Monthly
|
|
Horizons Active Cdn Bond ETF
|
HAD
|
$0.02147
|
2.61%
|
Monthly
|
|
Horizons Active Global Fixed Income ETF
|
HAF
|
$0.01594
|
2.41%
|
Monthly
|
|
Horizons Active Emerging Markets Bond ETF(1)
|
HEMB
|
$0.03063
|
3.72%
|
Monthly
|
|
Horizons Active Floating Rate Preferred Share ETF
|
HFP
|
$0.02936
|
3.59%
|
Monthly
|
|
Horizons Active Floating Rate Bond ETF
|
HFR
|
$0.01876
|
2.25%
|
Monthly
|
|
Horizons Active Cdn Municipal Bond ETF
|
HMP
|
$0.01629
|
2.01%
|
Monthly
|
|
Horizons Active Preferred Share ETF
|
HPR
|
$0.03052
|
3.78%
|
Monthly
|
|
Horizons Active Floating Rate Senior Loan ETF
|
HSL
|
$0.02860
|
3.53%
|
Monthly
|
|
Horizons Active US Floating Rate Bond (USD) ETF(2)
|
HUF.U
|
$0.02166
|
2.56%
|
Monthly
|
|
HUF
|
$0.02166
|
2.56%
|
Monthly
|
|
Horizons Active High Yield Bond ETF
|
HYI
|
$0.05207
|
6.35%
|
Monthly
|
|
|
|
*
|
Based on the applicable August 23, 2018 net asset value per unit, which is
available at www.HorizonsETFs.com.
|
|
|
|
(1)
|
The units of Horizons Active Emerging Markets Bond ETF began trading on
August 1, 2018.
|
|
(2)
|
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 $0.02834 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 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 $10 billion of assets under
management and 83 ETFs listed on major Canadian stock exchanges. Horizons ETFs Management (Canada) Inc. is a member of the Mirae Asset Global Investments Group.
Horizons ETFs is a Member of Mirae Asset Global Investments. Commissions, management fees and expenses all may be
associated with an investment in exchange traded products managed by Horizons ETFs Management (Canada) Inc. (the "Horizons Exchange Traded Products"). 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.
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