TORONTO, June 23, 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 June 30, 2020, as indicated in the table
below.
The ex-dividend date for the Distributions is anticipated to be
June 29, 2020, for all unitholders of
record on June 30, 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 July
13, 2020.
Horizons ETFs has made an additional announcement regarding the
June distributions for its family of covered call ETFs in a
separate press release.
|
ETF
Name
|
Ticker
Symbol
|
Distribution per
Unit
|
Annualized
Yield*
|
Frequency
|
|
Horizons Active
Emerging Markets Dividend ETF
|
HAJ
|
$0.06261
|
2.32%
|
Quarterly
|
|
Horizons Active Cdn
Dividend ETF
|
HAL
|
$0.16488
|
4.20%
|
Quarterly
|
|
Horizons Active US
Dividend ETF(1)
|
HAU
|
$0.05875
|
1.71%
|
Quarterly
|
|
HAU.U
|
$0.05875
|
1.71%
|
Quarterly
|
|
Horizons Active
Global Dividend ETF
|
HAZ
|
$0.11931
|
2.07%
|
Quarterly
|
|
Horizons China High
Dividend Yield Index ETF
|
HCN
|
$0.33125
|
6.63%
|
Quarterly
|
|
Horizons Managed
Global Opportunities ETF
|
HGM
|
$0.11713
|
2.27%
|
Semi-Annual
|
|
Horizons Cdn Insider
Index ETF
|
HII
|
$0.07908
|
3.36%
|
Quarterly
|
|
Horizons Marijuana
Life Sciences Index ETF(2)
|
HMMJ
|
$0.18839
|
10.30%
|
Quarterly
|
|
HMMJ.U
|
$0.18839
|
10.30%
|
Quarterly
|
|
Horizons Pipelines
& Energy Services Index ETF
|
HOG
|
$0.10626
|
6.63%
|
Quarterly
|
|
Horizons Inovestor
Canadian Equity Index ETF
|
INOC
|
$0.06186
|
2.61%
|
Quarterly
|
|
Horizons Global
Sustainability Leaders Index ETF
|
ETHI
|
$0.08587
|
1.01%
|
Quarterly
|
|
Horizons US Marijuana
Index ETF(3)
|
HMUS
|
$0.11399
|
3.48%
|
|
|
HMUS.U
|
$0.11399
|
3.48%
|
|
|
Horizons Global Risk
Parity ETF(4)
|
HRA
|
$0.08000
|
1.61%
|
|
|
Horizons Active
Corporate Bond ETF
|
HAB
|
$0.02745
|
2.91%
|
Monthly
|
|
Horizons Active Cdn
Bond ETF
|
HAD
|
$0.01906
|
2.08%
|
Monthly
|
|
Horizons Active
Global Fixed Income ETF
|
HAF
|
$0.02091
|
3.40%
|
Monthly
|
|
Horizons Active
Emerging Markets Bond ETF
|
HEMB
|
$0.03433
|
4.27%
|
Monthly
|
|
Horizons Active
Floating Rate Preferred Share ETF
|
HFP
|
$0.03634
|
6.49%
|
Monthly
|
|
Horizons Active
Ultra-Short Term Investment Grade Bond
ETF
|
HFR
|
$0.02463
|
2.97%
|
Monthly
|
|
Horizons Active Cdn
Municipal Bond ETF
|
HMP
|
$0.01861
|
2.19%
|
Monthly
|
|
Horizons Active
Preferred Share ETF
|
HPR
|
$0.03603
|
6.24%
|
Monthly
|
|
Horizons Active
Floating Rate Senior Loan ETF
|
HSL
|
$0.02280
|
2.98%
|
Monthly
|
|
Horizons Active
Ultra-Short Term US Investment Grade Bond
ETF(5)
|
HUF.U
|
$0.02044
|
2.46%
|
Monthly
|
|
HUF
|
$0.02044
|
2.46%
|
Monthly
|
|
Horizons Active High
Yield Bond ETF
|
HYI
|
$0.05420
|
7.37%
|
Monthly
|
|
|
* Based on the applicable June 22,
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 of the cash
distribution rate for HAU.U is $0.04341 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 $0.13920 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 $0.08422 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
Horizons Global Risk Parity ETF 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.
|
|
(5)
|
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 $0.02766 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
$13 billion of assets under
management and 91 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.
