TORONTO, March 24, 2020 /CNW/ - Horizons ETFs
Management (Canada)
Inc. ("Horizons ETFs") is pleased to announce the
distribution amounts per unit (the "Distributions") for
certain of its exchange traded funds (the "ETFs") for the
period ending March 31, 2020, as
indicated in the table below.
The ex-dividend date for the Distributions is anticipated to be
March 30, 2020, for all unitholders
of record on March 31, 2020. 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
13, 2020.
Horizons ETFs has made an additional announcement regarding the
March distributions for its family of covered call ETFs in a
separate press release.
|
ETF
Name
|
Ticker
Symbol
|
Distribution
per Unit
|
Annualized
Yield*
|
Frequency
|
|
Horizons Global
Sustainability Leaders Index ETF
|
ETHI
|
$0.07206
|
1.26%
|
Quarterly
|
|
Horizons Active
Corporate Bond ETF
|
HAB
|
$0.02803
|
3.20%
|
Monthly
|
|
Horizons Active Cdn
Bond ETF
|
HAD
|
$0.01866
|
2.15%
|
Monthly
|
|
Horizons Active
Global Fixed Income ETF
|
HAF
|
$0.02310
|
4.15%
|
Monthly
|
|
Horizons Active
Emerging Markets Dividend ETF
|
HAJ
|
$0.05732
|
2.48%
|
Quarterly
|
|
Horizons Active Cdn
Dividend ETF
|
HAL
|
$0.14696
|
4.99%
|
Quarterly
|
|
Horizons Active US
Dividend ETF(1)
|
HAU
|
$0.05891
|
2.12%
|
Quarterly
|
|
HAU.U
|
$0.05891
|
2.12%
|
Quarterly
|
|
Horizons Active
Global Dividend ETF
|
HAZ
|
$0.10580
|
2.25%
|
Quarterly
|
|
Horizons China High
Dividend Yield Index ETF
|
HCN
|
$0.34615
|
6.94%
|
Quarterly
|
|
Horizons Active
Emerging Markets Bond ETF
|
HEMB
|
$0.03441
|
4.81%
|
Monthly
|
|
Horizons Active
Floating Rate Preferred Share ETF
|
HFP
|
$0.03192
|
7.73%
|
Monthly
|
|
Horizons Active
Ultra-Short Term Investment Grade Bond ETF
(formerly Horizons Active Floating Rate Bond ETF)
|
HFR
|
$0.02833
|
3.55%
|
Monthly
|
|
Horizons Cdn Insider
Index ETF
|
HII
|
$0.09294
|
5.92%
|
Quarterly
|
|
Horizons Marijuana
Life Sciences Index ETF(2)
|
HMMJ
|
$0.26847
|
19.98%
|
Quarterly
|
|
HMMJ.U
|
$0.26847
|
19.98%
|
Quarterly
|
|
Horizons Active Cdn
Municipal Bond ETF
|
HMP
|
$0.01849
|
2.21%
|
Monthly
|
|
Horizons US Marijuana
Index ETF(3)
|
HMUS
|
$0.13152
|
5.87%
|
|
|
HMUS.U
|
$0.13152
|
5.87%
|
|
|
Horizons Pipelines
& Energy Services Index ETF
(formerly Horizons Canadian Midstream Oil & Gas Index
ETF)
|
HOG
|
$0.08659
|
9.02%
|
Quarterly
|
|
Horizons Active
Preferred Share ETF
|
HPR
|
$0.03247
|
7.71%
|
Monthly
|
|
Horizons Active
Floating Rate Senior Loan ETF
|
HSL
|
$0.02711
|
3.99%
|
Monthly
|
|
Horizons Active
Ultra-Short Term US Investment Grade Bond ETF(4)
(formerly Horizons Active US Floating Rate Bond (USD)
ETF)
|
HUF.U
|
$0.02330
|
3.01%
|
Monthly
|
|
HUF
|
$0.02330
|
3.01%
|
Monthly
|
|
Horizons Active High
Yield Bond ETF
|
HYI
|
$0.04852
|
7.60%
|
Monthly
|
|
Horizons Inovestor
Canadian Equity Index ETF
|
INOC
|
$0.05341
|
3.10%
|
Quarterly
|
|
|
*Based on
the applicable March 23, 2020, net asset value per unit, which is
available at www.HorizonsETFs.com.
|
|
|
(1)
|
Distributions for
Horizons Active US Dividend ETF are declared and paid in Canadian
dollars, including those listed under the U.S. dollar traded ticker
HAU.U. The approximate U.S. dollar equivalent distribution rate for
HAU.U is $0.04051 per unit. For unitholders who hold the U.S.
dollar traded HAU.U, distribution payments will typically be
converted to U.S. dollars by the unitholder's account
holder.
|
|
(2)
|
Distributions for
Horizons Marijuana Life Sciences Index ETF are declared and paid in
Canadian dollars, including those listed under the U.S. dollar
traded ticker HMMJ.U. The approximate U.S. dollar equivalent
distribution rate for HMMJ.U is $0.18462 per unit. For unitholders
who hold the U.S. dollar traded HMMJ.U, distribution payments will
typically be converted to U.S. dollars by the unitholder's account
holder.
|
|
(3)
|
Distributions for
Horizons US Marijuana Index ETF are declared and paid in Canadian
dollars, including those listed under the U.S. dollar traded ticker
HMUS.U. The approximate U.S. dollar equivalent distribution rate
for HMUS.U is $0.09044 per unit. For unitholders who hold the U.S.
dollar traded HMUS.U, distribution payments will typically be
converted to U.S. dollars by the unitholder's account holder.
Distributions are being reviewed at least quarterly but they are
declared at the discretion of Horizons ETFs and may not be
announced with a set frequency.
|
|
(4)
|
Distributions for the
Horizons Active Ultra-Short Term US Investment Grade Bond 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 $0.03388 per unit. For
unitholders who hold the Canadian dollar-traded HUF, distribution
payments will typically be converted to Canadian dollars by the
unitholder's account holder.
|
Distributions for the ETFs will vary from period to period.
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 $11 billion of
assets under management and 93 ETFs listed on major Canadian stock
exchanges.
Commissions, management fees and expenses all may be
associated with an investment in exchange traded products (the
"Horizons Exchange Traded Products") managed by Horizons ETFs
Management (Canada) Inc. 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.