TORONTO, Oct. 24,
2023 /CNW/ - Horizons ETFs Management (Canada) Inc. ("Horizons ETFs") is
pleased to announce the distribution amounts per security (the
"Distributions") for its exchange traded funds (the
"ETFs"), for the period ending October 31, 2023, as indicated in the tables
below.
The ex-dividend date for the following Distributions is
anticipated to be October 30,
2023.
|
ETF
Name
|
Ticker
Symbol
|
Distribution
per Security
|
Frequency
|
|
Horizons Active
Corporate Bond ETF
|
HAB
|
$0.03200
|
Monthly
|
|
Horizons Active Cdn
Bond ETF
|
HAD
|
$0.02100
|
Monthly
|
|
Horizons Active Global
Fixed Income ETF
|
HAF
|
$0.03200
|
Monthly
|
|
Horizons Active Hybrid
Bond and Preferred Share ETF
|
HYBR
|
$0.03400
|
Monthly
|
|
Horizons Active
Ultra-Short Term Investment Grade Bond ETF
|
HFR
|
$0.04800
|
Monthly
|
|
Horizons Active Cdn
Municipal Bond ETF
|
HMP
|
$0.02200
|
Monthly
|
|
Horizons Active
Preferred Share ETF
|
HPR
|
$0.03400
|
Monthly
|
|
Horizons Active
Floating Rate Senior Loan ETF
|
HSL
|
$0.04800
|
Monthly
|
|
Horizons Active
Ultra-Short Term US Investment Grade Bond
ETF(1)
|
HUF.U
|
$0.04000
|
Monthly
|
|
HUF
|
$0.04000
|
Monthly
|
|
Horizons Active High
Yield Bond ETF
|
HYI
|
$0.03900
|
Monthly
|
|
Horizons Tactical
Absolute Return Bond ETF
|
HARB.J
|
$0.03400
|
Monthly
|
|
Horizons Active ESG
Corporate Bond ETF
|
HAEB
|
$0.02900
|
Monthly
|
|
Horizons Canadian
Utility Services High Dividend Index ETF
|
UTIL
|
$0.07900
|
Monthly
|
|
Horizons Canadian Large
Cap Equity Covered Call ETF
|
CNCC
|
$0.10000
|
Monthly
|
|
Horizons Canadian Oil
and Gas Equity Covered Call ETF
|
ENCC
|
$0.13000
|
Monthly
|
|
Horizons Gold Producer
Equity Covered Call ETF
|
GLCC
|
$0.22000
|
Monthly
|
|
Horizons Equal Weight
Canadian Bank Covered Call ETF
|
BKCC
|
$0.15000
|
Monthly
|
|
Horizons NASDAQ-100
Covered Call ETF
|
QQCC
|
$0.10750
|
Monthly
|
|
Horizons US Large Cap
Equity Covered Call ETF(2)
|
USCC.U
|
$0.12000
|
Monthly
|
|
USCC
|
$0.12000
|
Monthly
|
|
Horizons Gold Yield
ETF
|
HGY
|
$0.05000
|
Monthly
|
|
Horizons Enhanced Equal
Weight Banks Index ETF
|
BNKL
|
$0.09500
|
Monthly
|
|
Horizons Enhanced Equal
Weight Canadian Banks Covered Call ETF
|
BKCL
|
$0.24500
|
Monthly
|
|
Horizons Enhanced
S&P/TSX 60 Index ETF
|
CANL
|
$0.07000
|
Monthly
|
|
Horizons Enhanced
Canadian Large Cap Equity Covered Call ETF
|
CNCL
|
$0.20000
|
Monthly
|
|
Horizons Enhanced US
Large Cap Equity Covered Call ETF
|
USCL
|
$0.23000
|
Monthly
|
|
Horizons Equal Weight
Banks Index ETF
|
HBNK
|
$0.08500
|
Monthly
|
|
Horizons Balanced Asset
Allocation ETF
|
HBAL
|
$0.03000
|
Monthly
|
|
Horizons Conservative
Asset Allocation ETF
|
HCON
|
$0.03000
|
Monthly
|
|
Horizons All-Equity
Asset Allocation ETF
|
HEQT
|
$0.02500
|
Monthly
|
|
Horizons Enhanced
NASDAQ-100 Covered Call ETF(3)
|
QQCL
|
$0.25000
|
Monthly
|
|
Horizons Enhanced
Canadian Oil and Gas Equity Covered Call
ETF(3)
|
ENCL
|
$0.29000
|
Monthly
|
|
Horizons Enhanced
All-Equity Asset Allocation Covered Call
ETF(3)
|
EQCL
|
$0.19500
|
Monthly
|
|
Horizons Enhanced
All-Equity Asset Allocation ETF(3)
|
HEQL
|
$0.04000
|
Monthly
|
|
Horizons Growth Asset
Allocation ETF(3)
|
HGRW
|
$0.04000
|
Monthly
|
|
Horizons Growth Asset
Allocation Covered Call ETF(3)
|
GRCC
|
$0.14000
|
Monthly
|
|
Horizons Short-Term
U.S. Treasury Premium Yield ETF(4)
|
SPAY.U
|
$0.12500
|
Monthly
|
|
SPAY
|
$0.12500
|
Monthly
|
|
Horizons Mid-Term U.S.
Treasury Premium Yield ETF(4)
|
MPAY.U
|
$0.15000
|
Monthly
|
|
MPAY
|
$0.15000
|
Monthly
|
|
Horizons Long-Term U.S.
Treasury Premium Yield ETF(4)
|
LPAY.U
|
$0.17500
|
Monthly
|
|
LPAY
|
$0.17500
|
Monthly
|
The ex-dividend date for the following Distributions is anticipated
to be October 31, 2023.
|
ETF
Name
|
Ticker
Symbol
|
Distribution
per Security
|
Frequency
|
|
Horizons High Interest
Savings ETF
|
CASH
|
$0.22400
|
Monthly
|
|
Horizons 0-3 Month
T-Bill ETF
|
CBIL
|
$0.22500
|
Monthly
|
|
Horizons 0-3 Month U.S.
T-Bill ETF(5)
|
UBIL.U
|
$0.23500
|
Monthly
|
|
|
|
(1)
|
The record date for
all ETFs will be October 31, 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 November 7, 2023.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 $0.05478
per security. For securityholders who hold the Canadian
dollar-traded HUF, the securityholder's account holder will
typically convert distribution payments to Canadian
dollars.
|
|
(2)
|
Distributions for
the Horizons US Large Cap Equity Covered Call ETF are declared
and paid in U.S. dollars, including those listed under the Canadian
dollar-traded ticker USCC. The approximate Canadian dollar
equivalent distribution rate for USCC is
$0.16433 per security. For securityholders who hold
the Canadian dollar-traded USCC, the securityholder's account
holder will typically convert distribution payments to Canadian
dollars.
|
|
(3)
|
Horizons Enhanced
NASDAQ-100 Covered Call ETF, Horizons Enhanced Canadian Oil
and Gas Equity Covered Call ETF, Horizons Enhanced All-Equity Asset
Allocation Covered Call ETF, Horizons Enhanced All-Equity Asset
Allocation ETF, Horizons Growth Asset Allocation ETF and Horizons
Growth Asset Allocation Covered Call ETF began trading on October
11, 2023. The distribution amount shown above represents the period
since inception.
|
|
(4)
|
Horizons Short-Term
U.S. Treasury Premium Yield ETF, Horizons Mid-Term U.S.
Treasury Premium Yield ETF and Horizons Long-Term U.S. Treasury
Premium Yield ETF began trading on October 5, 2023. The
distribution amount shown above represents the period since
inception. Distributions are declared and paid in U.S.
dollars, including those listed under the Canadian dollar-traded
ticker SPAY, MPAY and LPAY. The approximate Canadian dollar
equivalent distribution rate for SPAY is $0.17118 per security, for
MPAY is $0.20542 per security and for LPAY is $0.23965 per
security. For securityholders who hold the Canadian dollar-traded
ticker, SPAY, MPAY and LPAY, the securityholder's account holder
will typically convert distribution payments to Canadian
dollars.
|
|
(5)
|
Distributions for
the Horizons 0-3 Month U.S. T-Bill ETF are declared and paid
in U.S. dollars,
|
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 $27 billion of
assets under management and 119 ETFs listed on major Canadian stock
exchanges. Horizons ETFs is a wholly owned subsidiary of the Mirae
Asset Financial Group, which manages approximately $710 billion of assets across 13 countries around
the world.
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.
SOURCE Horizons ETFs Management (Canada) Inc.
