Horizons announces April 2013 distributions for certain active ETFs
TORONTO, April 19, 2013 /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 April 30, 2013, as indicated in the table below.
The ex-dividend date for the Distributions is anticipated to be April 26, 2013, for all unitholders of record on April 30, 2013. 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 May 10, 2013.
Horizons ETFs will make an additional announcement of the April distributions for its family of covered call exchange traded funds on or about April 22, 2013.
| ETF Name | Ticker Symbol |
Distribution per Unit |
Annualized Yield * |
Frequency |
| Horizons Active Corporate Bond ETF | HAB | $0.02905 | 3.24% | Monthly |
| HAB.A | $0.02407 | 2.68% | Monthly | |
| Horizons Active Cdn Bond ETF | HAD | $0.02203 | 2.65% | Monthly |
| HAD.A | $0.01740 | 2.09% | Monthly | |
| Horizons Active Advantage Yield ETF | HAF | $0.03194 | 4.54% | Monthly |
| HAF.A | $0.02815 | 4.01% | Monthly | |
| Horizons Active Emerging Markets Dividend ETF | HAJ | $0.02068 | 2.28% | Monthly |
| HAJ.A | $0.01297 | 1.43% | Monthly | |
| Horizons Active Cdn Dividend ETF | HAL | $0.03686 | 3.73% | Monthly |
| HAL.A | $0.02947 | 2.98% | Monthly | |
| Horizons Active Global Dividend ETF | HAZ | $0.03232 | 3.05% | Monthly |
| HAZ.A | $0.02426 | 2.29% | Monthly | |
| Horizons Active Preferred Share ETF | HPR | $0.03478 | 4.08% | Monthly |
| HPR.A | $0.02994 | 3.51% | Monthly | |
| Horizons Active Floating Rate Bond ETF | HFR | $0.02062 | 2.46% | Monthly |
| HFR.A | $0.01587 | 1.89% | Monthly | |
| Horizons Active US Floating Rate Bond (USD) ETF (1) | HUF.U | $0.01985 | 2.38% | Monthly |
| HUF.V | $0.01510 | 1.81% | Monthly | |
| Horizons Active High Yield Bond ETF | HYI | $0.05405 | 6.03% | Monthly |
| HYI.A | $0.04899 | 5.47% | Monthly | |
| Horizons Australian Dollar Currency ETF | ASD | $0.02106 | 2.42% | Monthly |
* Based on the applicable April 18, 2013 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.
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 $4.3 billion in assets under management and 74 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 Exchange Traded Funds Inc.
Martin Fabregas, Investor Relations, (416) 601-2508 or 1-866-641-5739.
Share this article