Horizons Announces May 2014 distributions for certain active ETFs

TORONTO, May 21, 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 May 31, 2014, as indicated in the table below.

The ex-dividend date for the Distributions is anticipated to be May 28, 2014, for all unitholders of record on May 30, 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 June 11, 2014. 

Horizons ETFs will make an additional announcement of the May distributions for its family of covered call exchange traded funds on or about May 22, 2014.

ETF Name	Ticker Symbol	Distribution per Unit	Annualized Yield *	Frequency
Horizons Active Corporate Bond ETF	HAB	$0.02948	3.29%	Monthly
	HAB.A	$0.02472	2.75%	Monthly
Horizons Active Cdn Bond ETF	HAD	$0.02208	2.69%	Monthly
	HAD.A	$0.01752	2.14%	Monthly
Horizons Active Yield Matched Duration ETF	HAF	$0.02809	3.98%	Monthly
	HAF.A	$0.02425	3.43%	Monthly
Horizons Active Emerging Markets Dividend ETF	HAJ	$0.02310	2.35%	Monthly
	HAJ.A	$0.01486	1.51%	Monthly
Horizons Active Cdn Dividend ETF	HAL	$0.03422	2.90%	Monthly
	HAL.A	$0.02423	2.06%	Monthly
Horizons Active Global Dividend ETF	HAZ	$0.03190	2.50%	Monthly
	HAZ.A	$0.02113	1.65%	Monthly
Horizons Active Floating Rate Preferred Share ETF	HFP	$0.02870	3.37%	Monthly
	HFP.A	$0.02389	2.81%	Monthly
Horizons Active Floating Rate Bond ETF	HFR	$0.01854	2.18%	Monthly
	HFR.A	$0.01353	1.59%	Monthly
Horizons Active Preferred Share ETF	HPR	$0.03442	4.09%	Monthly
	HPR.A	$0.02973	3.53%	Monthly
Horizons Active US Floating Rate Bond (USD) ETF ^(1)	HUF.U	$0.01185	1.41%	Monthly
	HUF	$0.01185	1.41%	Monthly
	HUF.V	$0.00708	0.84%	Monthly
Horizons Active High Yield Bond ETF	HYI	$0.05320	5.84%	Monthly
	HYI.A	$0.04808	5.27%	Monthly

* Based on the applicable May 20, 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 approximate Canadian dollar equivalent distribution rate for HUF is $0.01291 per unit.

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, [phone] or 1-866-641-5739.