TORONTO, Sept. 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 September 30, 2020, as indicated in the table
below.
The ex-dividend date for the Distributions is anticipated to be
September 29, 2020, for all
unitholders of record on September 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 October 13, 2020.
Horizons ETFs has made an additional announcement regarding the
September 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
|
$0.05232
|
1.84%
|
Quarterly
|
|
Horizons Active Cdn
Dividend ETF
|
HAL
|
$0.14451
|
3.59%
|
Quarterly
|
|
Horizons Active US
Dividend ETF(1)
|
HAU
|
$0.03619
|
1.01%
|
Quarterly
|
|
HAU.U
|
$0.03619
|
1.01%
|
Quarterly
|
|
Horizons Active
Global Dividend ETF
|
HAZ
|
$0.12202
|
2.02%
|
Quarterly
|
|
Horizons China High
Dividend Yield Index ETF
|
HCN
|
$0.33367
|
6.76%
|
Quarterly
|
|
Horizons Cdn Insider
Index ETF
|
HII
|
$0.05779
|
2.25%
|
Quarterly
|
|
Horizons Marijuana
Life Sciences Index ETF(2)
|
HMMJ
|
$0.10749
|
6.96%
|
Quarterly
|
|
HMMJ.U
|
$0.10749
|
6.96%
|
Quarterly
|
|
Horizons Pipelines
& Energy Services Index ETF
|
HOG
|
$0.10593
|
6.71%
|
Quarterly
|
|
Horizons Inovestor
Canadian Equity Index ETF
|
INOC
|
$0.05549
|
2.17%
|
Quarterly
|
|
Horizons Global
Sustainability Leaders Index ETF
|
ETHI
|
$0.09299
|
1.02%
|
Quarterly
|
|
Horizons US Marijuana
Index ETF(3)
|
HMUS
|
$0.08943
|
2.38%
|
|
|
HMUS.U
|
$0.08943
|
2.38%
|
|
|
Horizons Active
Corporate Bond ETF
|
HAB
|
$0.02869
|
3.00%
|
Monthly
|
|
Horizons Active Cdn
Bond ETF
|
HAD
|
$0.01885
|
2.04%
|
Monthly
|
|
Horizons Active
Global Fixed Income ETF
|
HAF
|
$0.01875
|
3.00%
|
Monthly
|
|
Horizons Active
Emerging Markets Bond ETF
|
HEMB
|
$0.03287
|
4.01%
|
Monthly
|
|
Horizons Active
Floating Rate Preferred Share ETF
|
HFP
|
$0.03472
|
5.65%
|
Monthly
|
|
Horizons Active
Ultra-Short Term Investment Grade Bond
ETF
|
HFR
|
$0.02131
|
2.53%
|
Monthly
|
|
Horizons Active Cdn
Municipal Bond ETF
|
HMP
|
$0.01867
|
2.20%
|
Monthly
|
|
Horizons Active
Preferred Share ETF
|
HPR
|
$0.03527
|
5.59%
|
Monthly
|
|
Horizons Active
Floating Rate Senior Loan ETF
|
HSL
|
$0.01882
|
2.44%
|
Monthly
|
|
Horizons Active
Ultra-Short Term US Investment Grade Bond
ETF(4)
|
HUF.U
|
$0.02031
|
2.42%
|
Monthly
|
|
HUF
|
$0.02031
|
2.42%
|
Monthly
|
|
Horizons Active High
Yield Bond ETF
|
HYI
|
$0.04646
|
6.24%
|
Monthly
|
|
|
* Based on the applicable September
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
$0.02720 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
$0.08079 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 $0.06722 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 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 $0.02702 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
$14.4 billion of assets under
management and 93 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.
