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Horizons ETFs Announces January 2020 Distributions for Certain Active ETFs

27/01/20 - 12:00 am

TORONTO – January 24, 2020 – 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 January 31, 2020, as indicated in the table below.

The ex-dividend date for the Distributions is anticipated to be January 30, 2020, for all unitholders of record on January 31, 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 February 12, 2020.

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

Ticker Symbol Distribution per Unit Annualized Yield* Frequency
HAB $0.02803 3.01% Monthly
HAD $0.01866 2.14% Monthly
HAF $0.01950 3.01% Monthly
HEMB $0.03441 4.09% Monthly
HFP $0.03192 4.69% Monthly
HFR $0.02180 2.59% Monthly
HMP $0.01849 2.24% Monthly
HPR $0.03247 4.74% Monthly
HSL $0.02711 3.40% Monthly
HUF.U(1) $0.02330 2.75% Monthly
HUF(1) $0.02330 2.75% Monthly
HYI $0.04852 5.97% Monthly

 

* Based on the applicable January 23, 2020, net asset value per unit, 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 $0.03059 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 91 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:
Martin Fabregas, Investor Relations, (416) 601-2508 or 1-866-641-5739.

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