TORONTO, May 22, 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 May 31, 2020, as
indicated in the table below.
The ex-dividend date for the Distributions is anticipated to be
May 28, 2020, for all unitholders of
record on May 29, 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 June
10, 2020.
Horizons ETFs has made an additional announcement regarding the
May 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
|
$0.02745
|
2.99%
|
Monthly
|
|
Horizons Active Cdn
Bond ETF
|
HAD
|
$0.01906
|
2.12%
|
Monthly
|
|
Horizons Active
Global Fixed Income ETF
|
HAF
|
$0.02091
|
3.46%
|
Monthly
|
|
Horizons Active
Emerging Markets Bond ETF
|
HEMB
|
$0.03433
|
4.36%
|
Monthly
|
|
Horizons Active
Floating Rate Preferred Share ETF
|
HFP
|
$0.03634
|
6.76%
|
Monthly
|
|
Horizons Active
Ultra-Short Term Investment Grade Bond ETF
|
HFR
|
$0.02463
|
3.01%
|
Monthly
|
|
Horizons Active Cdn
Municipal Bond ETF
|
HMP
|
$0.01861
|
2.20%
|
Monthly
|
|
Horizons Active
Preferred Share ETF
|
HPR
|
$0.03603
|
6.51%
|
Monthly
|
|
Horizons Active
Floating Rate Senior Loan ETF
|
HSL
|
$0.02280
|
3.02%
|
Monthly
|
|
Horizons Active
Ultra-Short Term US Investment Grade Bond
ETF(1)
|
HUF.U
|
$0.02044
|
2.50%
|
Monthly
|
|
HUF
|
$0.02044
|
2.50%
|
Monthly
|
|
Horizons Active High
Yield Bond ETF
|
HYI
|
$0.05420
|
7.67%
|
Monthly
|
|
* Based on the applicable May 21,
2020, net asset value per unit, which is available at
www.HorizonsETFs.com
|
|
|
|
(1)
|
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 $0.02850 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 $12 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.