Horizons announces September 2015 distributions for certain ETFs
TORONTO, Sept. 21, 2015 /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 September 30, 2015, as indicated in the table below.
The ex-dividend date for the Distributions is anticipated to be September 28, 2015, for all unitholders of record on September 30, 2015. 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 October 13, 2015.
Horizons ETFs will make an additional announcement of the September distributions for its family of covered call exchange traded funds on or about September 22, 2015.
| ETF Name |
Ticker |
Distribution |
Annualized |
Frequency |
| Horizons Active Diversified Income ETF |
HAA |
$0.07319 |
2.69% |
Quarterly |
| HAA.A |
$0.05109 |
1.88% |
Quarterly |
|
| Horizons Active Corporate Bond ETF |
HAB |
$0.03001 |
3.34% |
Monthly |
| HAB.A |
$0.02514 |
2.79% |
Monthly |
|
| Horizons Active Cdn Bond ETF |
HAD |
$0.02140 |
2.54% |
Monthly |
| HAD.A |
$0.01666 |
1.98% |
Monthly |
|
| Horizons Active Global Fixed Income ETF |
HAF |
$0.02370 |
3.58% |
Monthly |
| HAF.A |
$0.01992 |
3.01% |
Monthly |
|
| Horizons Active Emerging Markets Dividend ETF |
HAJ |
$0.02267 |
2.24% |
Monthly |
| HAJ.A |
$0.01356 |
1.34% |
Monthly |
|
| Horizons Active Cdn Dividend ETF |
HAL |
$0.03590 |
3.14% |
Monthly |
| HAL.A |
$0.02579 |
2.26% |
Monthly |
|
| Horizons Active US Dividend ETF |
HAU |
$0.01687 |
2.09% |
Monthly |
| HAU.A |
$0.00973 |
1.21% |
Monthly |
|
| Horizons Active Global Dividend ETF |
HAZ |
$0.04075 |
2.75% |
Monthly |
| HAZ.A |
$0.02765 |
1.86% |
Monthly |
|
| Horizons S&P/TSX 60 Equal Weight Index ETF |
HEW |
$0.06737 |
2.49% |
Quarterly |
| Horizons Active Floating Rate Preferred Share ETF |
HFP |
$0.02930 |
4.14% |
Monthly |
| HFP.A |
$0.02489 |
3.52% |
Monthly |
|
| Horizons Active Floating Rate Bond ETF |
HFR |
$0.01628 |
1.95% |
Monthly |
| HFR.A |
$0.01132 |
1.36% |
Monthly |
|
| Horizons Active Cdn Municipal Bond ETF(1) |
HMP |
$0.01811 |
1.35% |
Monthly |
| HMP.A |
$0.01043 |
0.78% |
Monthly |
|
| Horizons Active Preferred Share ETF |
HPR |
$0.03244 |
4.59% |
Monthly |
| HPR.A |
$0.02830 |
4.00% |
Monthly |
|
| Horizons Active Floating Rate Senior Loan ETF |
HSL |
$0.02988 |
3.60% |
Monthly |
| HSL.A |
$0.02522 |
3.04% |
Monthly |
|
| Horizons Active US Floating Rate Bond (USD) ETF (2) |
HUF.U |
$0.00840 |
1.01% |
Monthly |
| HUF |
$0.00840 |
1.01% |
Monthly |
|
| HUF.V |
$0.00375 |
0.45% |
Monthly |
|
| Horizons US Equity Managed Risk ETF(3) |
HUS.U |
$0.06543 |
2.20% |
Quarterly |
| HUS.V |
$0.04039 |
1.36% |
Quarterly |
|
| Horizons Cdn Equity Managed Risk ETF |
HUT |
$0.08290 |
3.11% |
Quarterly |
| HUT.A |
$0.06039 |
2.27% |
Quarterly |
|
| Horizons Active High Yield Bond ETF |
HYI |
$0.05093 |
6.18% |
Monthly |
| HYI.A |
$0.04616 |
5.60% |
Monthly |
|
| Horizons Cdn Insider Index ETF |
HII |
$0.05916 |
2.36% |
Quarterly |
| Horizons Canadian Midstream Oil & Gas Index ETF |
HOG |
$0.07829 |
3.88% |
Quarterly |
* Based on the applicable September 18, 2015 net asset value per unit which is available at www.HorizonsETFs.com.
| (1) |
The Class E and Advisor Class Units of Horizons Active Cdn Municipal Bond ETF began trading on August 13, 2015. The distributions attributable to those units have been prorated from its launch date. |
| (2) |
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 $0.01110 per unit. |
| (3) |
Distributions for Horizons US Equity Managed Risk ETF are declared and paid in U.S. dollars. |
Distributions for the ETFs 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. Horizons ETFs has more than $5.1 billion of assets under management and with 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, (416) 601-2508 or 1-866-641-5739.
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