Horizons ETFS Announces March 2019 Distributions for its Covered Call ETFs

TORONTO, March 22, 2019 /CNW/ - Horizons ETFs Management (Canada) Inc. ("Horizons ETFs") is pleased to announce the distribution amounts per unit (the "Distributions") for its suite of covered call exchange traded funds (the "ETFs"), for the period ending March 31, 2019, as indicated in the table below.

The ex-dividend date for the Distributions is anticipated to be March 28, 2019, for all unitholders of record on March 29, 2019. 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 April 10, 2019. 

Horizons ETFs has made an additional announcement regarding the March distributions for certain of its ETFs in a separate press release.

ETF Name	Ticker Symbol	Current Month Distribution Rate	NAV Change  from Prior Month^(1)	Current Month Yield^(2)	Prior Month Yield^(3)	Absolute Change in Yield  from Prior Month^(4)
Horizons Enhanced Income Equity ETF	HEX	$0.03035	1.37%	5.51%	5.49%	0.02%
Horizons Enhanced Income Energy ETF	HEE	$0.04884	3.08%	6.50%	6.75%	-0.25%
Horizons Enhanced Income Gold Producers ETF	HEP	$0.10381	-0.39%	5.01%	5.04%	-0.03%
Horizons Enhanced Income Financials ETF	HEF	$0.03772	0.50%	5.48%	5.50%	-0.02%
Horizons Enhanced Income International Equity ETF	HEJ	$0.03310	2.52%	6.81%	6.95%	-0.14%
Horizons Enhanced Income US Equity (USD) ETF^(5)	HEA.U	$0.05720	1.63%	5.88%	5.89%	-0.01%
	HEA	$0.05720	3.16%	5.88%	5.89%	-0.01%
Horizons Gold Yield ETF	HGY	$0.01744	-1.66%	4.45%	4.45%	0.00%
Horizons Natural Gas Yield ETF	HNY	$0.07383	3.80%	7.01%	8.00%	-0.99%

⁽¹⁾ Based on the period from February 20, 2019, to March 21, 2019, where the prior month's NAV (net asset value) per unit is adjusted
to include the prior month's distribution.

⁽²⁾ Annualized and based on the applicable March 21, 2019, NAV per unit, which is available at www.HorizonsETFs.com.

⁽³⁾ Annualized and based on the applicable February 20, 2019, NAV per unit, which is available at www.HorizonsETFs.com.

⁽⁴⁾ The absolute change of the prior month's previously announced annualized distribution yield, to the current month's annualized
distribution yield.

 ⁽⁵⁾ Distributions for the Horizons Enhanced Income US Equity (USD) ETF are declared and paid in U.S. dollars, including those listed
under the Canadian dollar-traded ticker HEA. The approximate Canadian dollar equivalent distribution rate for HEA is $0.07651 per unit.
For unitholders who hold the Canadian dollar-traded HEA, distribution payments will typically be converted to Canadian dollars by the
unitholder's account holder.

Each ETF does not have a fixed distribution but pays distributions monthly. Distribution rates are generally based on the average current volatility of the securities held by the ETF, along with any dividend income received, less expenses payable by the ETF. The amount of monthly cash distributions are expected to fluctuate from month to month, and there can be no assurance that an ETF will make any distributions in any particular month or months. Monthly distributions will be paid in cash, unless the investor has chosen to participate in the ETF's reinvestment plan.

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 family 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 has more than $10 billion of assets under management and 86 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.

Martin Fabregas, Investor Relations, [phone] or 1-866-641-5739.

Related Links

http://horizonsetfs.com/