TORONTO, Dec. 20, 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 2019 tax year end, as indicated
in the table below.
Each ETF is required to distribute any net income and capital
gains that they have earned in the year. All of the Distributions
indicated as "Cash Distribution per Unit" in the table (the "Cash
Distributions") will be paid in cash unless the unitholder has
enrolled in the dividend reinvestment plan ("DRIP") of the
respective ETF.
The annual non-cash Distributions, indicated as "Reinvested
Annual Non-Cash Distributions per Unit (Est.)" in the table (the
"Non-Cash Distributions"), will not be paid in cash but will be
reinvested and reported as taxable Distributions and will be used
to increase each unitholder's adjusted cost base of their units of
the respective ETF. The Non-Cash Distributions will be reinvested
automatically in additional units of the respective ETFs and
immediately consolidated so that the number of units held by the
unitholder, the units outstanding of the ETFs and the net asset
value of the ETFs will not change as a result of the Non-Cash
Distributions. The annual Non-Cash Distribution rates in the table
below are presented on an estimated basis. A press release
confirming the final annual Non-Cash Distribution rates will be
disseminated on or about the record date of the Distributions.
The ex-dividend date for the Distributions is anticipated to be
December 30, 2019, for all
unitholders of record on December 31,
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 January 13, 2020.
Horizons ETFs has made an additional announcement regarding the
December distributions for its family of covered call ETFs in a
separate press release.
|
ETF
Name
|
Ticker
Symbol
|
Cash
Distribution
per
Unit
|
Annualized
Yield*
|
Frequency
|
Reinvested Annual
Non-Cash Distribution per Unit (Est.)
|
|
Horizons Blockchain
Technology & Hardware Index ETF(1)
|
BKCH
|
$0.37010
|
1.51%
|
Annually
|
-
|
|
BKCH.U
|
$0.37010
|
1.51%
|
Annually
|
-
|
|
Horizons US Dollar
Currency ETF(2)
|
DLR.U
|
$0.05492
|
1.08%
|
|
-
|
|
DLR
|
$0.05492
|
1.08%
|
|
-
|
|
Horizons Global
Sustainability Leaders Index ETF
|
ETHI
|
$0.04781
|
0.62%
|
Quarterly
|
-
|
|
Horizons Industry 4.0
Index ETF
|
FOUR
|
-
|
-
|
Annually
|
$1.71013
|
|
Horizons Active
Corporate Bond ETF
|
HAB
|
$0.02680
|
2.93%
|
Monthly
|
-
|
|
Horizons Seasonal
Rotation ETF
|
HAC
|
-
|
-
|
Annually
|
$1.07274
|
|
Horizons Active Cdn
Bond ETF
|
HAD
|
$0.01720
|
2.01%
|
Monthly
|
-
|
|
Horizons Active
Global Fixed Income ETF
|
HAF
|
$0.03602
|
5.57%
|
Monthly
|
-
|
|
Horizons Active
Emerging Markets Dividend ETF
|
HAJ
|
$0.07113
|
2.14%
|
Quarterly
|
-
|
|
Horizons Active Cdn
Dividend ETF
|
HAL
|
$0.13700
|
3.01%
|
Quarterly
|
$0.41372
|
|
Horizons Active US
Dividend ETF(3)
|
HAU
|
$0.05680
|
1.61%
|
Quarterly
|
$0.29774
|
|
HAU.U
|
$0.05680
|
1.61%
|
Quarterly
|
$0.29774
|
|
Horizons Active
Global Dividend ETF
|
HAZ
|
$0.12900
|
2.20%
|
Quarterly
|
$0.70455
|
|
Horizons Balanced TRI
ETF Portfolio
|
HBAL
|
$0.02081
|
0.19%
|
Annually
|
-
|
|
Horizons China High
Dividend Yield Index ETF
|
HCN
|
$0.30523
|
5.12%
|
Quarterly
|
-
|
|
Horizons Conservative
TRI ETF Portfolio
|
HCON
|
$0.00377
|
0.03%
|
Annually
|
-
|
|
Horizons Active
Emerging Markets Bond ETF
|
HEMB
|
$0.06244
|
7.45%
|
Monthly
|
-
|
|
Horizons S&P/TSX
60 Equal Weight Index ETF
|
HEW
|
$0.07064
|
1.88%
|
Quarterly
|
-
|
|
Horizons Active
Floating Rate Preferred Share ETF
|
HFP
|
$0.03245
|
4.84%
|
Monthly
|
-
|
|
Horizons Active
Floating Rate Bond ETF
|
HFR
|
$0.02533
|
3.01%
|
Monthly
|
-
|
|
Horizons Managed
Global Opportunities ETF
|
HGM
|
$0.18531
|
3.32%
|
Semi-Annual
|
-
|
|
Horizons Growth TRI
ETF Portfolio
|
HGRO
|
$0.02439
|
0.23%
|
Annually
|
-
|
|
Horizons Cdn Insider
Index ETF
|
HII
|
$0.07817
|
2.69%
|
Quarterly
|
-
|
|
Horizons Marijuana
Life Sciences Index ETF(4)
|
HMMJ
|
$0.26355
|
11.83%
|
Quarterly
|
-
|
|
HMMJ.U
|
$0.26355
|
11.83%
|
Quarterly
|
-
|
|
Horizons Active Cdn
Municipal Bond ETF
|
HMP
|
$0.02777
|
3.38%
|
Monthly
|
-
|
|
Horizons Emerging
Marijuana Growers Index ETF(5)
|
HMJR
|
$0.02316
|
3.65%
|
|
-
|
|
Horizons Canadian
Midstream Oil & Gas Index ETF
|
HOG
|
$0.09229
|
4.19%
|
Quarterly
|
-
|
|
Horizons Active
Preferred Share ETF
|
HPR
|
$0.03325
|
4.92%
|
Monthly
|
-
|
|
Horizons Global Risk
Parity ETF
|
HRA
|
$0.09458
|
0.88%
|
Annually
|
$0.61595
|
|
Horizons Active
Floating Rate Senior Loan ETF
|
HSL
|
$0.03093
|
3.87%
|
Monthly
|
-
|
|
Horizons Active US
Floating Rate Bond (USD) ETF(6)
|
HUF.U
|
$0.02807
|
3.32%
|
Monthly
|
-
|
|
HUF
|
$0.02807
|
3.32%
|
Monthly
|
-
|
|
Horizons Global
Uranium Index ETF
|
HURA
|
$0.06775
|
0.82%
|
Annually
|
-
|
|
Horizons Active High
Yield Bond ETF
|
HYI
|
$0.04060
|
5.02%
|
Monthly
|
-
|
|
Horizons Inovestor
Canadian Equity Index ETF
|
INOC
|
$0.05366
|
1.95%
|
Quarterly
|
-
|
|
Horizons Active A.I.
Global Equity ETF
|
MIND
|
$0.24575
|
0.91%
|
Annually
|
$0.26351
|
|
Horizons Robotics and
Automation Index ETF(7)
|
RBOT
|
$0.15224
|
0.66%
|
Annually
|
-
|
|
RBOT.U
|
$0.15224
|
0.66%
|
Annually
|
-
|
|
* Based on the
applicable December 19, 2019, net asset value per unit, which is
available at www.HorizonsETFs.com.
|
|
|
(1)
|
Distributions for
Horizons Blockchain Technology & Hardware Index ETF are
declared and paid in Canadian dollars, including those listed under
the U.S. dollar traded ticker BKCH.U. The approximate U.S. dollar
equivalent distribution rate for BKCH.U is $0.28199 per unit. For
unitholders who hold the U.S. dollar traded BKCH.U, distribution
payments will typically be converted to U.S. dollars by the
unitholder's account holder.
|
|
(2)
|
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 $0.07208 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.
|
|
(3)
|
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 of the cash
distribution rate for HAU.U is $0.04328 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.
|
|
(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 $0.20081 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)
|
Distributions for
Horizons Emerging Marijuana Growers Index ETF 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 $0.03684 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.
|
|
(7)
|
Distributions for
Horizons Robotics and Automation Index ETF are declared and paid in
Canadian dollars, including those listed under the U.S. dollar
traded ticker RBOT.U. The approximate U.S. dollar equivalent
distribution rate for RBOT.U is $0.11600 per unit. For unitholders
who hold the U.S. dollar traded RBOT.U, distribution payments will
typically be converted to U.S. 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 approximately $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.
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.
Certain statements may constitute a forward-looking statement,
including those identified by the expression "expect" and similar
expressions (including grammatical variations thereof). The
forward-looking statements are not historical facts but reflect the
author's current expectations regarding future results or events.
These forward-looking statements are subject to a number of risks
and uncertainties that could cause actual results or events to
differ materially from current expectations. These and other
factors should be considered carefully and readers should not place
undue reliance on such forward looking statements. These
forward-looking statements are made as of the date hereof and the
authors do not undertake to update any forward-looking statement
that is contained herein, whether as a result of new information,
future events or otherwise, unless required by applicable law.
SOURCE Horizons ETFs Management (Canada) Inc.