Skip To Main Content

Horizons ETFs is now Global X. Learn more.

Canada
Press Releases

Amendment to December 2021 Annual Non-Cash Reinvested Distributions

07/02/22 - 12:00 am

TORONTO – February 4, 2022 – Horizons ETFs Management (Canada) Inc. (“Horizons ETFs”) is announcing the following amendment to the year-end annual non-cash reinvested distribution amounts per unit (the “Non-Cash Distributions”) disclosed for the exchange traded funds (the “ETFs”) in the press release dated December 31, 2021.

The Non-Cash Distribution rates are amended for the following ETF:

ETF Name Ticker
Symbol		 Amended Non-Cash
Distribution Rate
per Unit		 Original Non-Cash
Distribution Rate
per Unit
Horizons Active Global Dividend ETF (“HAZ”) HAZ $0.22 $nil

 

The ex-dividend date for the Non-Cash Distributions was December 31, 2021, for all unitholders of record on December 31, 2021 (the “Unitholders”). The Non-Cash Distributions were reinvested automatically in additional units of the ETFs and immediately consolidated so that the number of units held by each Unitholder, the units outstanding of the ETFs, and the net asset value of the ETFs, did not change as a result of the Non-Cash Distributions.

No distribution of cash is being made to Unitholders of HAZ, this amended distribution will be recorded as a reinvested distribution into the creation of new units of HAZ as at December 31, 2021. Due to the fact that this distribution is effective for the 2021 tax year, the Unitholders of HAZ will be required to recognize this distribution in the 2021 calendar year for tax-reporting purposes.

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 suite 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 currently has more than $21 billion of assets under management and 104 ETFs listed on major Canadian stock exchanges. Horizons ETFs Management (Canada) Inc. is a member of the Mirae Asset Global Investments Group.

For further information:
Contact Horizons ETFs at 1-866-641-5739 (toll-free) or (416) 933-5745
[email protected]

Categories: Press Releases

Commissions, management fees, and expenses all may be associated with an investment in products (the "Global X Funds") managed by Global X Investments Canada Inc. The Global X Funds are not guaranteed, their values change frequently and past performance may not be repeated. Certain Global X Funds may have exposure to leveraged investment techniques that magnify gains and losses which may result in greater volatility in value and could be subject to aggressive investment risk and price volatility risk. Such risks are described in the prospectus. The Global X Money Market Funds are not covered by the Canada Deposit Insurance Corporation, the Federal Deposit Insurance Corporation, or any other government deposit insurer. There can be no assurances that the money market fund will be able to maintain its net asset value per security at a constant amount or that the full amount of your investment in the Funds will be returned to you. Past performance may not be repeated. The prospectus contains important detailed information about the Global X Funds. Please read the relevant prospectus before investing.

Global X Investments Canada Inc. ("Global X") is a wholly owned subsidiary of Mirae Asset Global Investments Co., Ltd. ("Mirae Asset"), the Korea-based asset management entity of Mirae Asset Financial Group. Global X is a corporation existing under the laws of Canada and is the manager, investment manager and trustee of the Global X Funds.

© 2024 Global X Investments Canada Inc. All Rights Reserved.