TORONTO, June 21, 2019 /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, 2019, as indicated in the table
below.
The ex-dividend date for the Distributions is anticipated to be
June 27, 2019, for all unitholders of
record on June 28, 2019. 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
11, 2019.
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 US Dollar
Currency ETF (1)
|
DLR.U
|
$0.02044
|
0.81%
|
|
|
DLR
|
$0.02044
|
0.81%
|
|
|
Horizons Global
Sustainability Leaders Index ETF
|
ETHI
|
$0.04824
|
0.69%
|
Quarterly
|
|
Horizons Active
Corporate Bond ETF
|
HAB
|
$0.02698
|
2.94%
|
Monthly
|
|
Horizons Active Cdn
Bond ETF
|
HAD
|
$0.02013
|
2.34%
|
Monthly
|
|
Horizons Active
Global Fixed Income ETF
|
HAF
|
$0.01789
|
2.75%
|
Monthly
|
|
Horizons Active
Emerging Markets Dividend ETF
|
HAJ
|
$0.05585
|
1.70%
|
Quarterly
|
|
Horizons Active Cdn
Dividend ETF
|
HAL
|
$0.12830
|
3.01%
|
Quarterly
|
|
Horizons Active US
Dividend ETF(2)
|
HAU
|
$0.05236
|
1.55%
|
Quarterly
|
|
HAU.U
|
$0.05236
|
1.55%
|
Quarterly
|
|
Horizons Active
Global Dividend ETF
|
HAZ
|
$0.11092
|
1.95%
|
Quarterly
|
|
Horizons China High
Dividend Yield Index ETF
|
HCN
|
$0.28060
|
4.43%
|
Quarterly
|
|
Horizons Active
Emerging Markets Bond ETF
|
HEMB
|
$0.03524
|
4.13%
|
Monthly
|
|
Horizons S&P/TSX
60 Equal Weight Index ETF
|
HEW
|
$0.07426
|
2.00%
|
Quarterly
|
|
Horizons Active
Floating Rate Preferred Share ETF
|
HFP
|
$0.03279
|
5.08%
|
Monthly
|
|
Horizons Active
Floating Rate Bond ETF
|
HFR
|
$0.02164
|
2.58%
|
Monthly
|
|
Horizons Managed
Global Opportunities ETF
|
HGM
|
$0.08708
|
1.60%
|
Semi-Annual
|
|
Horizons Cdn Insider
Index ETF
|
HII
|
$0.06559
|
2.36%
|
Quarterly
|
|
Horizons Emerging
Marijuana Growers Index ETF(3)
|
HMJR
|
$0.08941
|
5.92%
|
|
|
Horizons Marijuana
Life Sciences Index ETF(4)
|
HMMJ
|
$0.20068
|
4.23%
|
Quarterly
|
|
HMMJ.U
|
$0.20068
|
4.23%
|
Quarterly
|
|
Horizons Active Cdn
Municipal Bond ETF
|
HMP
|
$0.01710
|
2.06%
|
Monthly
|
|
Horizons US Marijuana
Index ETF(5)
|
HMUS
|
$0.05762
|
3.55%
|
|
|
HMUS.U
|
$0.05762
|
3.55%
|
|
|
Horizons Canadian
Midstream Oil & Gas Index ETF
|
HOG
|
$0.09788
|
4.43%
|
Quarterly
|
|
Horizons Active
Preferred Share ETF
|
HPR
|
$0.03343
|
5.14%
|
Monthly
|
|
Horizons Active
Floating Rate Senior Loan ETF
|
HSL
|
$0.03155
|
3.94%
|
Monthly
|
|
Horizons Active US
Floating Rate Bond (USD) ETF(6)
|
HUF.U
|
$0.02787
|
3.33%
|
Monthly
|
|
HUF
|
$0.02787
|
3.33%
|
Monthly
|
|
Horizons Active High
Yield Bond ETF
|
HYI
|
$0.05024
|
6.23%
|
Monthly
|
|
Horizons Inovestor
Canadian Equity Index ETF
|
INOC
|
$0.05919
|
2.26%
|
Quarterly
|
|
* Based on the applicable June 20,
2019, net asset value per unit, which is available at
www.HorizonsETFs.com.
|
|
|
|
(1)
|
Distributions for the
Horizons US Dollar Currency ETF are declared and paid in U.S.
dollars, including those listed under the Canadian dollar-traded
ticker DLR. The approximate Canadian dollar equivalent distribution
rate for DLR is $0.02696 per unit. For unitholders who hold the
Canadian dollar-traded DLR, distribution payments will typically be
converted to Canadian 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.
|
|
(2)
|
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 $0.03970 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.
|
|
(3)
|
Distributions for
Horizons Emerging Marijuana Growers Index 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.
|
|
(4)
|
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 $0.15215 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.
|
|
(5)
|
The units of Horizons
US Marijuana Index ETF began trading on April 17, 2019. The
distributions attributable to those units have been pro-rated from
its launch date. Distributions 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 $ 0.04369 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.
|
|
(6)
|
Distributions for the
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 $0.03676 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 $10 billion of
assets under management and 90 ETFs listed on major Canadian stock
exchanges. Horizons ETFs Management (Canada) Inc. is a member of the Mirae Asset
Global Investments Group.
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.
There are risks associated with investing in HMUS. HMUS is
expected to invest in the Marijuana industry in certain U.S. states
that have legalized marijuana for therapeutic or adult-use, which
is currently illegal under U.S. federal law. HMUS will passively
invest in companies involved in the Marijuana industry in the U.S.
where local state law regulates and permits such activities, as
well as in companies involved in the Canadian legal Marijuana
industry. HMUS will not be directly engaged in the manufacture,
importation, possession, use, sale or distribution of marijuana in
either Canada or the
U.S. Please read the full risk disclosure in the prospectus
before investing.
SOURCE Horizons ETFs Management (Canada) Inc.