UTIL Global X Canadian Utility Services High Dividend Index ETF

TORONTO, Aug. 24, 2023 /CNW/ - Horizons ETFs Management (Canada) Inc. ("Horizons ETFs") is pleased to announce the distribution amounts per security (the "Distributions") for its exchange traded funds (the "ETFs"), for the period ending August 31, 2023, as indicated in the tables below.

The ex-dividend date for the following Distributions is anticipated to be August 30, 2023. 

The ex-dividend date for the following Distributions is anticipated to be August 31, 2023.

Horizons ETFs held special meetings of unitholders of Horizons Conservative TRI ETF Portfolio ("HCON"), Horizons Balanced TRI ETF Portfolio ("HBAL") and Horizons Growth TRI ETF Portfolio ("HGRO", and together with HCON and HBAL, the "Asset Allocation ETFs"), on August 23, 2023.

During these meetings, unitholders approved all matters relating to proposed changes to the investment objectives (including changes to the currency hedging strategy of each Asset Allocation ETF), in connection therewith, changes to the fee structure and distribution policy of each Asset Allocation ETF that were previously announced in an information circular that was made available to unitholders.

Please visit the link below for details.

https://horizonsetfs.com/press-release/horizons-etfs-announces-unitholder-approvals-for-proposed-changes-to-three-asset-allocation-etfs/

The ex-dividend date for the following Distributions is anticipated to be August 30, 2023.

The record date for all ETFs will be August 31, 2023. The Distributions for securities of each ETF will be paid in cash or, if the securityholder has enrolled in the respective ETF's dividend reinvestment plan, reinvested in additional securities of the applicable ETF, on or about September 8, 2023.

Distributions for the ETFs will vary from period to period. For further information regarding the Distributions, please visit 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 $27 billion of assets under management and 110 ETFs listed on major Canadian stock exchanges. Horizons ETFs is a wholly owned subsidiary of the Mirae Asset Financial Group, which manages approximately $710 billion of assets across 13 countries around the world.

This communication is intended for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to purchase exchange traded products managed by Horizons ETFs Management (Canada) Inc. (the "Horizons Exchange Traded Products") and is not, and should not be construed as, investment, tax, legal or accounting advice, and should not be relied upon in that regard. Individuals should seek the advice of professionals, as appropriate, regarding any particular investment. Investors should consult their professional advisors prior to implementing any changes to their investment strategies. These investments may not be suitable to the circumstances of an investor. 

Commissions, management fees, and expenses all may be associated with an investment in 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.