TORONTO, Sept. 22,
2022 /CNW/ - 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
September 30, 2022, as indicated in
the table below.
The ex-dividend date for the Distributions is anticipated to be
September 28, 2022, 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
September 29, 2022. The record
date for all ETFs will be September 29,
2022. 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 13, 2022.
Horizons ETFs has made an additional announcement regarding the
September distributions for its family of covered call ETFs in a
separate press release.
|
ETF
Name
|
Ticker
Symbol
|
Distribution
per Security
|
Annualized
Yield*
|
Frequency
|
|
Horizons Active Cdn
Dividend ETF
|
HAL
|
$0.26921
|
5.36 %
|
Quarterly
|
|
Horizons Active Global
Dividend ETF
|
HAZ
|
$0.27652
|
4.27 %
|
Quarterly
|
|
Horizons Marijuana Life
Sciences Index ETF(1)
|
HMMJ
|
$0.06223
|
3.89 %
|
Quarterly
|
|
HMMJ.U
|
$0.06223
|
3.89 %
|
Quarterly
|
|
Horizons Pipelines
& Energy Services Index ETF
|
HOG
|
$0.08971
|
3.79 %
|
Quarterly
|
|
Horizons Inovestor
Canadian Equity Index ETF
|
INOC
|
$0.06961
|
2.40 %
|
Quarterly
|
|
Horizons Global
Sustainability Leaders Index ETF
|
ETHI
|
$0.12864
|
1.41 %
|
Quarterly
|
|
Horizons S&P Green
Bond Index ETF
|
HGGB
|
$0.27076
|
4.98 %
|
Quarterly
|
|
Horizons Active
Corporate Bond ETF
|
HAB
|
$0.03749
|
4.62 %
|
Monthly
|
|
Horizons Active Cdn
Bond ETF
|
HAD
|
$0.02781
|
3.73 %
|
Monthly
|
|
Horizons Active Global
Fixed Income ETF
|
HAF
|
$0.02651
|
4.61 %
|
Monthly
|
|
Horizons Active Hybrid
Bond and Preferred Share ETF
|
HYBR
|
$0.03632
|
5.16 %
|
Monthly
|
|
Horizons Active
Ultra-Short Term Investment Grade Bond ETF
|
HFR
|
$0.04229
|
5.21 %
|
Monthly
|
|
Horizons Active Cdn
Municipal Bond ETF
|
HMP
|
$0.03012
|
3.91 %
|
Monthly
|
|
Horizons Active
Preferred Share ETF
|
HPR
|
$0.03701
|
5.40 %
|
Monthly
|
|
Horizons Active
Floating Rate Senior Loan ETF
|
HSL
|
$0.03268
|
4.33 %
|
Monthly
|
|
Horizons Active
Ultra-Short Term US Investment Grade Bond
ETF(2)
|
HUF.U
|
$0.03468
|
4.24 %
|
Monthly
|
|
HUF
|
$0.03468
|
4.24 %
|
Monthly
|
|
Horizons Active High
Yield Bond ETF
|
HYI
|
$0.04589
|
7.10 %
|
Monthly
|
|
Horizons Tactical
Absolute Return Bond ETF
|
HARB.J
|
$0.04000
|
5.28 %
|
Monthly
|
|
Horizons Active ESG
Corporate Bond ETF
|
HAEB
|
$0.03354
|
4.62 %
|
Monthly
|
|
Horizons High Interest
Savings ETF
|
CASH
|
$0.13920
|
3.33 %
|
Monthly
|
|
Horizons Canadian
Utility Services High Dividend Index ETF
|
UTIL
|
$0.08400
|
4.13 %
|
Monthly
|
|
|
* Based
on the applicable September 21, 2022, net asset value per security,
which is available at www.HorizonsETFs.com.
|
|
(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 $0.04628
per security. For securityholders who hold the U.S. dollar traded
HMMJ.U, distribution payments will typically be converted to
U.S. dollars by the securityholder's account holder.
|
|
(2)
|
Distributions for the
Horizons Active Ultra-Short Term US Investment Grade Distributions
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 $0.04663 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 $22 billion of
assets under management and 107 ETFs listed on major Canadian stock
exchanges.
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.