TORONTO, Sept. 22,
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 September 30, 2023, as indicated in the tables
below.
The ex-dividend date for the following Distributions is
anticipated to be September 28,
2023.
|
ETF
Name
|
Ticker
Symbol
|
Distribution
per
Security
|
Frequency
|
|
Horizons Active Cdn
Dividend ETF
|
HAL
|
$0.19680
|
Quarterly
|
|
Horizons Active Global
Dividend ETF
|
HAZ
|
$0.12686
|
Quarterly
|
|
Horizons Marijuana Life
Sciences Index ETF(1)
|
HMMJ
|
$0.09635
|
Quarterly
|
|
HMMJ.U
|
$0.09635
|
Quarterly
|
|
Horizons Pipelines
& Energy Services Index ETF
|
HOG
|
$0.10000
|
Quarterly
|
|
Horizons Inovestor
Canadian Equity Index ETF
|
INOC
|
$0.07572
|
Quarterly
|
|
Horizons Global
Sustainability Leaders Index ETF
|
ETHI
|
$0.12500
|
Quarterly
|
|
Horizons S&P Green
Bond Index ETF
|
HGGB
|
$0.21112
|
Quarterly
|
|
Horizons Active
Corporate Bond ETF
|
HAB
|
$0.03200
|
Monthly
|
|
Horizons Active Cdn
Bond ETF
|
HAD
|
$0.02300
|
Monthly
|
|
Horizons Active Global
Fixed Income ETF
|
HAF
|
$0.03300
|
Monthly
|
|
Horizons Active Hybrid
Bond and Preferred Share ETF
|
HYBR
|
$0.03500
|
Monthly
|
|
Horizons Active
Ultra-Short Term Investment Grade Bond ETF
|
HFR
|
$0.04900
|
Monthly
|
|
Horizons Active Cdn
Municipal Bond ETF
|
HMP
|
$0.02500
|
Monthly
|
|
Horizons Active
Preferred Share ETF
|
HPR
|
$0.03600
|
Monthly
|
|
Horizons Active
Floating Rate Senior Loan ETF
|
HSL
|
$0.04800
|
Monthly
|
|
Horizons Active
Ultra-Short Term US Investment Grade Bond
ETF(2)
|
HUF.U
|
$0.04100
|
Monthly
|
|
HUF
|
$0.04100
|
Monthly
|
|
Horizons Active High
Yield Bond ETF
|
HYI
|
$0.04200
|
Monthly
|
|
Horizons Tactical
Absolute Return Bond ETF
|
HARB.J
|
$0.03700
|
Monthly
|
|
Horizons Active ESG
Corporate Bond ETF
|
HAEB
|
$0.02900
|
Monthly
|
|
Horizons Canadian
Utility Services High Dividend Index ETF
|
UTIL
|
$0.07600
|
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(3)
|
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
|
$0.10100
|
Monthly
|
|
Horizons Enhanced Equal
Weight Canadian Banks Covered Call ETF
|
BKCL
|
$0.25700
|
Monthly
|
|
Horizons Enhanced
S&P/TSX 60 Index ETF
|
CANL
|
$0.07100
|
Monthly
|
|
Horizons Enhanced
Canadian Large Cap Equity Covered Call ETF
|
CNCL
|
$0.20600
|
Monthly
|
|
Horizons Enhanced US
Large Cap Equity Covered Call ETF
|
USCL
|
$0.23100
|
Monthly
|
|
Horizons Equal Weight
Banks Index ETF
|
HBNK
|
$0.08700
|
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
|
The ex-dividend date for the following Distributions is anticipated
to be September 29, 2023.
|
ETF
Name
|
Ticker
Symbol
|
Distribution
per
Security
|
Frequency
|
|
Horizons US Dollar
Currency ETF (4)
|
DLR.U
|
$ 0.07683
|
Quarterly
|
|
DLR
|
$ 0.07683
|
Quarterly
|
|
Horizons High Interest
Savings ETF
|
CASH
|
$0.21700
|
Monthly
|
|
Horizons 0-3 Month
T-Bill ETF
|
CBIL
|
$0.19500
|
Monthly
|
|
Horizons 0-3 Month U.S.
T-Bill ETF(5)
|
UBIL.U
|
$0.22500
|
Monthly
|
The record date for all ETFs will be September 29, 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 October 6,
2023.
|
(1)
|
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 $0.07145 per security. For
securityholders who hold the U.S. dollar traded HMMJ.U, the
securityholder's account holder will typically convert distribution
payments to U.S. dollars.
|
|
(2)
|
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 $0.05529 per security. For securityholders who hold the
Canadian dollar-traded HUF, the securityholder's account holder
will typically convert distribution payments to Canadian
dollars.
|
|
(3)
|
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 $0.16182 per security. For
securityholders who hold the Canadian dollar-traded USCC, the
securityholder's account holder will typically convert distribution
payments to Canadian dollars.
|
|
(4)
|
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 $0.10361 per security. For
securityholders who hold the Canadian dollar-traded DLR, 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 110 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.