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Horizons ETFs Announces February 2023 Distributions for Certain ETFs

21/02/23 - 12:00 am

TORONTO – February 21, 2023 – Horizons ETFs Management (Canada) Inc. (“Horizons ETFs”) is pleased to announce the distribution amounts per security (the “Distributions”) for certain of its exchange traded funds (the “ETFs”), for the period ending February 28, 2023, as indicated in the table below.
The ex-dividend date for the Distributions is anticipated to be February 27, 2023, for all ETFs except for the Horizons High Interest Savings ETF (“CASH”). The ex-dividend date for the Distribution for CASH is anticipated to be February 28, 2023. The record date for all ETFs will be February 28, 2023. The Distributions for securities of each ETF will be paid in cash or, if the securityholder has enrolled in the respective ETF’s dividend reinvestment plan, reinvested in additional securities of the applicable ETF, on or about March 7, 2023.

Horizons ETFs has made an additional announcement regarding the February distributions for its family of covered call ETFs in a separate press release.

ETF NameTicker
Symbol
Distribution per
Security
Annualized
Yield*
Frequency
Horizons Active Corporate Bond ETFHAB$0.033774.19%Monthly
Horizons Active Cdn Bond ETFHAD$0.024463.34%Monthly
Horizons Active Global Fixed Income ETFHAF$0.031535.42%Monthly
Horizons Active Hybrid Bond and Preferred Share ETFHYBR$0.035495.21%Monthly
Horizons Active Ultra-Short Term Investment Grade Bond ETFHFR$0.044985.50%Monthly
Horizons Active Cdn Municipal Bond ETFHMP$0.026273.42%Monthly
Horizons Active Preferred Share ETFHPR$0.036105.42%Monthly
Horizons Active Floating Rate Senior Loan ETFHSL$0.049116.50%Monthly
Horizons Active Ultra-Short Term US Investment Grade Bond ETF(1)HUF.U$0.037944.60%Monthly
HUF$0.037944.60%Monthly
Horizons Active High Yield Bond ETFHYI$0.043026.80%Monthly
Horizons Tactical Absolute Return Bond ETFHARB.J$0.037005.07%Monthly
Horizons Active ESG Corporate Bond ETFHAEB$0.030234.19%Monthly
Horizons High Interest Savings ETFCASH$0.191524.59%Monthly
Horizons Canadian Utility Services High Dividend Index ETFUTIL$0.074804.00%Monthly

* Based on the applicable February 17, 2023 net asset value per security, 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 $0.05113 per security. For securityholders who hold the Canadian dollar-traded HUF, distribution payments will typically be converted to Canadian dollars by the securityholder’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 $24 billion of assets under management and 107 ETFs listed on major Canadian stock exchanges.

For further information:
info@horizonsetfs.com
(416) 933-5745 or (866) 641-5739

This communication is intended for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to purchase exchange traded products managed by Horizons ETFs Management (Canada) Inc. (the “Horizons Exchange Traded Products”) and is not, and should not be construed as, investment, tax, legal or accounting advice, and should not be relied upon in that regard. Individuals should seek the advice of professionals, as appropriate, regarding any particular investment. Investors should consult their professional advisors prior to implementing any changes to their investment strategies. These investments may not be suitable to the circumstances of an investor.

Commissions, management fees and expenses all may be associated with an investment in 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. Please read the relevant prospectus before investing.

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.

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