Horizons announces February 2013 distributions for certain active ETFs
TORONTO, Feb. 19, 2013 /CNW/ - Horizons Exchange Traded Funds Inc. ("Horizons ETFs") and its affiliates 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, 2013, as indicated in the table below.
The ex-dividend date for the Distributions is anticipated to be February 26, 2013, for all unitholders of record on February 28, 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 March 12, 2013.
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, 2013.
| ETF Name | Ticker Symbol |
Distribution per Unit |
Annualized Yield * |
Frequency |
| Horizons Active Corporate Bond ETF | HAB | $0.03069 | 3.74% | Monthly |
| HAB.A | $0.02560 | 3.12% | Monthly | |
| Horizons Active Cdn Bond ETF | HAD | $0.02137 | 2.81% | Monthly |
| HAD.A | $0.01658 | 2.18% | Monthly | |
| Horizons Active Advantage Yield ETF | HAF | $0.03194 | 4.93% | Monthly |
| HAF.A | $0.02815 | 4.35% | Monthly | |
| Horizons Active Emerging Markets Dividend ETF | HAJ | $0.02203 | 2.59% | Monthly |
| HAJ.A | $0.01412 | 1.66% | Monthly | |
| Horizons Active Cdn Dividend ETF | HAL | $0.03706 | 3.96% | Monthly |
| HAL.A | $0.02931 | 3.13% | Monthly | |
| Horizons Active Global Dividend ETF | HAZ | $0.03349 | 3.51% | Monthly |
| HAZ.A | $0.02567 | 2.69% | Monthly | |
| Horizons Active Preferred Share ETF | HPR | $0.03779 | 4.74% | Monthly |
| HPR.A | $0.03285 | 4.12% | Monthly | |
| Horizons Active Floating Rate Bond ETF | HFR | $0.02127 | 2.72% | Monthly |
| HFR.A | $0.01641 | 2.10% | Monthly | |
| Horizons Active US Floating Rate Bond (USD) ETF (1) | HUF.U | $0.02109 | 2.71% | Monthly |
| HUF.V | $0.01621 | 2.08% | Monthly | |
| Horizons Active High Yield Bond ETF | HYI | $0.05010 | 6.03% | Monthly |
| HYI.A | $0.04540 | 5.47% | Monthly | |
| Horizons Australian Dollar Currency ETF | ASD | $0.02035 | 2.56% | Monthly |
* Based on the applicable February 15, 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 Exchange Traded Funds Inc. (www.HorizonsETFs.com)
Horizons ETFs is an innovative financial services company offering the Horizons ETFs family of ETFs. 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 76 ETFs listed on the Toronto Stock Exchange, the Horizons ETFs family makes up one of the largest families of ETFs in Canada. Horizons ETFs is a subsidiary of Horizons ETFs Management (Canada) Inc. and a member of the Mirae Asset Financial Group.
For further information:
SOURCE: Horizons Exchange Traded Funds Inc.
Martin Fabregas, Investor Relations, (416) 601-2508 or 1-866-641-5739.
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