Horizons announces March 2016 distributions for certain ETFs

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Horizons announces March 2016 distributions for certain ETFs

Canada NewsWire

TORONTO, March 21, 2016

TORONTO, March 21, 2016 /CNW/ - Horizons ETFs Management (Canada) Inc. and its affiliate AlphaPro Management Inc. (collectively "Horizons ETFs") are pleased to announce the distribution amounts per unit (the "Distributions") for certain of the Horizons ETFs family of exchange traded funds (the "ETFs"), for the period ending March 31, 2016, as indicated in the table below.

The ex-dividend date for the Distributions is anticipated to be March 29, 2016, for all unitholders of record on March 31, 2016.  The Distributions 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 12, 2016. 

Horizons ETFs will make an additional announcement of the March distributions for its family of covered call exchange traded funds on or about March 22, 2016.

ETF Name

Ticker
Symbol

Distribution
per Unit

Annualized
Yield * 

Frequency

Horizons Active Corporate Bond ETF

HAB

$ 0.03015

3.41%

Monthly

HAB.A

$ 0.02521

2.84%

Monthly

Horizons Active Cdn Bond ETF

HAD

$ 0.02429

2.91%

Monthly

HAD.A

$ 0.01956

2.34%

Monthly

Horizons Active Global Fixed Income ETF

HAF

$ 0.02821

4.54%

Monthly

HAF.A

$ 0.02485

4.00%

Monthly

Horizons Active Emerging Markets Dividend ETF

HAJ

$ 0.01996

2.02%

Monthly

HAJ.A

$ 0.01178

1.19%

Monthly

Horizons Active Cdn Dividend ETF

HAL

$ 0.03265

2.90%

Monthly

HAL.A

$ 0.02361

2.10%

Monthly

Horizons Active US Dividend ETF(1)

HAU

$ 0.01688

1.92%

Monthly

HAU.U

$ 0.01688

1.92%

Monthly

HAU.A

$ 0.00937

1.06%

Monthly

Horizons Active Global Dividend ETF

HAZ

$ 0.03536

2.32%

Monthly

HAZ.A

$ 0.02217

1.45%

Monthly

Horizons S&P/TSX 60 Equal Weight Index ETF

HEW

$ 0.06360

2.17%

Quarterly

Horizons Active Floating Rate Preferred Share ETF

HFP

$ 0.03168

5.01%

Monthly

HFP.A

$ 0.02816

4.45%

Monthly

Horizons Active Floating Rate Bond ETF

HFR

$ 0.01552

1.88%

Monthly

HFR.A

$ 0.01066

1.29%

Monthly

Horizons Active Cdn Municipal Bond ETF

HMP

$ 0.01977

2.38%

Monthly

HMP.A

$ 0.01506

1.81%

Monthly

Horizons Active Preferred Share ETF

HPR

$ 0.03237

5.02%

Monthly

HPR.A

$ 0.02895

4.48%

Monthly

Horizons Active Floating Rate Senior Loan ETF

HSL

$ 0.02835

3.48%

Monthly

HSL.A

$ 0.02387

2.93%

Monthly

Horizons Active US Floating Rate Bond (USD) ETF (2)

HUF.U

$ 0.00683

0.83%

Monthly

HUF

$ 0.00683

0.83%

Monthly

HUF.V

$ 0.00224

0.27%

Monthly

Horizons US Equity Managed Risk ETF(3)

HUS.U

$ 0.06279

2.21%

Quarterly

HUS.V

$ 0.03887

1.37%

Quarterly

Horizons Cdn Equity Managed Risk ETF

HUT

$ 0.07696

3.20%

Quarterly

HUT.A

$ 0.05669

2.36%

Quarterly

Horizons Active High Yield Bond ETF

HYI

$ 0.04881

6.23%

Monthly

HYI.A

$ 0.04462

5.69%

Monthly

Horizons China High Dividend Yield Index ETF(4)

HCN

$ 0.21958

5.11%

Quarterly

Horizons Cdn Insider Index ETF

HII

$ 0.06004

2.41%

Quarterly

Horizons Canadian Midstream Oil & Gas Index ETF

HOG

$ 0.09997

5.14%

Quarterly

* Based on the applicable March 18, 2016 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 $0.01295 per unit. For unitholders who hold 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 Active US Floating Rate Bond (USD) 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 $0.00890 per unit. For unitholders who hold Canadian dollar traded HUF, distribution payments will typically be converted to Canadian dollars by the unitholder's account holder.

(3)

Distributions for Horizons US Equity Managed Risk ETF are declared and paid in U.S. dollars.

(4)

Horizons China High Dividend Yield Index ETF began trading on January 12, 2016. The distributions attributable to those units have been prorated from its launch date.

Distributions for the ETFs will vary from period to period. 

About Horizons ETFs Management (Canada) Inc. (www.HorizonsETFs.com)

Horizons ETFs Management (Canada) Inc. and its affiliate AlphaPro Management Inc. are innovative financial services companies offering the Horizons ETFs family of exchange-traded funds. The Horizons ETFs family includes a broadly diversified range of investment tools with solutions for investors of all experience levels to meet their investment objectives in a variety of market conditions. Horizons ETFs has more than $5.4 billion of assets under management and with 70 ETFs listed on the Toronto Stock Exchange, the Horizons ETFs family makes up one of the largest families of ETFs in Canada. Horizons ETFs Management (Canada) Inc. and AlphaPro Management Inc. are members of the Mirae Asset Financial Group.

SOURCE Horizons ETFs Management (Canada) Inc.

Copyright CNW Group 2016

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