TORONTO, Oct. 22, 2021 /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 October 31, 2021, as indicated in the table
below.
The ex-dividend date for the Distributions is anticipated to be
October 28, 2021, for all unitholders
of record on October 29, 2021. 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 November
10, 2021.
Horizons ETFs has made an additional announcement regarding the
October 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
Corporate Bond ETF
|
HAB
|
$0.02665
|
2.93%
|
Monthly
|
|
Horizons Active Cdn
Bond ETF
|
HAD
|
$0.01710
|
2.03%
|
Monthly
|
|
Horizons Active
Global Fixed Income ETF
|
HAF
|
$0.01538
|
2.40%
|
Monthly
|
|
Horizons Active
Emerging Markets Bond ETF
|
HEMB
|
$0.02431
|
3.02%
|
Monthly
|
|
Horizons Active
Hybrid Bond and Preferred Share ETF
|
HYBR
|
$0.03197
|
3.87%
|
Monthly
|
|
Horizons Active
Ultra-Short Term Investment Grade Bond ETF
|
HFR
|
$0.00923
|
1.10%
|
Monthly
|
|
Horizons Active Cdn
Municipal Bond ETF
|
HMP
|
$0.01662
|
2.01%
|
Monthly
|
|
Horizons Active
Preferred Share ETF
|
HPR
|
$0.03280
|
4.01%
|
Monthly
|
|
Horizons Active
Floating Rate Senior Loan ETF
|
HSL
|
$0.01031
|
1.33%
|
Monthly
|
|
Horizons Active
Ultra-Short Term US Investment Grade Bond
ETF(1)
|
HUF.U
|
$0.00634
|
0.75%
|
Monthly
|
|
HUF
|
$0.00634
|
0.75%
|
Monthly
|
|
Horizons Active High
Yield Bond ETF
|
HYI
|
$0.03104
|
4.02%
|
Monthly
|
|
Horizons Tactical
Absolute Return Bond ETF
|
HARB.J
|
$0.04125
|
5.20%
|
Monthly
|
|
Horizons Active ESG
Corporate Bond ETF(2)
|
HAEB
|
$0.02390
|
2.92%
|
Monthly
|
|
|
Based on the
applicable October 21, 2021, net asset value per unit, which is
available at www.HorizonsETFs.com.
|
|
|
(1) Distributions for the Horizons
Active Ultra-Short Term US Investment Grade Distributions 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 $0.00785 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.
|
|
(2) The units of Horizons Active ESG
Corporate Bond ETF began trading on September 21, 2021.
|
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 $19 billion of
assets under management and 99 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.