Authorization

Horizons ETFs Announces February 2019 Distributions for Certain Active ETFs

TORONTO, Feb. 21, 2019 /CNW/ -AHorizons ETFs Management (Canada) Inc.A("Horizons ETFs") is pleased to announce the distribution amounts per unit (the "Distributions") for certain of its of exchange traded funds (the "ETFs") for the period ending February 28, 2019, as indicated in the table below. The ex-dividend date for the Distributions is anticipated to be February 27, 2019, for all unitholders of record on February 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 March 12, 2019.A Horizons ETFs has made an additional announcement regarding the February 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



$0.02814



3.17%



Monthly



Horizons Active Cdn Bond ETF



HAD



$0.02070



2.49%



Monthly



Horizons Active Global Fixed Income ETF



HAF



$0.01804



2.77%



Monthly



Horizons Active Emerging Markets Bond ETF



HEMB



$0.03490



4.18%



Monthly



Horizons Active Floating Rate Preferred Share ETF



HFP



$0.03199



4.58%



Monthly



Horizons Active Floating Rate Bond ETF



HFR



$0.02213



2.65%



Monthly



Horizons Active Cdn Municipal Bond ETF



HMP



$0.01725



2.11%



Monthly



Horizons Active Preferred Share ETF



HPR



$0.03239



4.66%



Monthly



Horizons Active Floating Rate Senior Loan ETF



HSL



$0.02968



3.73%



Monthly



Horizons Active US Floating Rate Bond (USD) ETF(1)



HUF.U



$0.02777



3.33%



Monthly



HUF



$0.02777



3.33%



Monthly



Horizons Active High Yield Bond ETF



HYI



$0.05205



6.55%



Monthly













*A



Based on the applicable February 20, 2019, net asset value per unit, which is available at www.HorizonsETFs.com.













(1)A



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 $0.03659 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.

ADistributions 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.A(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 85 ETFs listed on major Canadian stock exchanges. Horizons ETFs Management (Canada) Inc. is a member of the Mirae Asset Global Investments Group.Horizons ETFs is a member of Mirae Asset Global Investments. Commissions, management fees and expenses all may be associated with an investment in exchange traded products managed by Horizons ETFs Management (Canada) Inc. (the "Horizons Exchange Traded Products"). 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.APlease read the relevant prospectus before investing.SOURCE Horizons ETFs Management (Canada) Inc.
See also:
Leave a comment
News
  • Latest
  • Read
  • Commented
Calendar Content
«     2020    »
 12
3456789
10111213141516
17181920212223
242526272829