Horizons Announces January 2014 Distributions for Certain Active ETFs

TORONTO, Jan. 22, 2014 /CNW/ - Horizons ETFs Management (Canada) Inc. and its affiliate AlphaPro Management Inc. (collectively "Horizons ETFs") are pleased to announce the distribution amounts per unit (the "Distributions") for certain of the Horizons ETFs family of exchange traded funds (the "ETFs"), for the period ending January 31, 2014, as indicated in the table below.

The ex-dividend date for the Distributions is anticipated to be January 29, 2014, for all unitholders of record on January 31, 2014.  The Distributions 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, 2014.

Horizons ETFs will make an additional announcement of the January distributions for its family of covered call exchange traded funds on or about January 23, 2014.

ETF Name Ticker
 Symbol 
 Distribution 
per Unit
 Annualized 
Yield *
 Frequency 
Horizons Active Corporate Bond ETF HAB $0.03004 3.40% Monthly
HAB.A $0.02530 2.86% Monthly
Horizons Active Cdn Bond ETF HAD $0.02266 2.80% Monthly
HAD.A $0.01814 2.25% Monthly
Horizons Active Yield Matched Duration ETF HAF $0.02433 3.50% Monthly
HAF.A $0.02053 2.95% Monthly
Horizons Active Emerging Markets Dividend ETF HAJ $0.02105 2.25% Monthly
HAJ.A $0.01312 1.40% Monthly
Horizons Active Cdn Dividend ETF HAL $0.03387 3.01% Monthly
HAL.A $0.02435 2.17% Monthly
Horizons Active Global Dividend ETF HAZ $0.02823 2.27% Monthly
HAZ.A $0.01771 1.42% Monthly
Horizons Active Preferred Share ETF HPR $0.03544 4.32% Monthly
HPR.A $0.03083 3.75% Monthly
Horizons Active Floating Rate Preferred Share ETF HFP $0.02720 3.25% Monthly
HFP.A $0.02242 2.68% Monthly
Horizons Active Floating Rate Bond ETF HFR $0.01806 2.13% Monthly
HFR.A $0.01306 1.54% Monthly
Horizons Active US Floating Rate Bond (USD) ETF (1)   HUF.U $0.01263 1.50% Monthly
HUF $0.01263 1.50% Monthly
HUF.V $0.00786 0.93% Monthly
Horizons Active High Yield Bond ETF HYI $0.05902 6.56% Monthly
HYI.A $0.05393 5.99% Monthly
Horizons Australian Dollar Currency ETF(2) ASD $0.01372 1.70% Monthly

* Based on the applicable January 21, 2014 net asset value per unit which is available at www.HorizonsETFs.com.
 
(1)     Distributions for 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.
(2)      As previously announced on November 29, 2013, the Horizons Australian Dollar Currency ETF will terminate on January 31, 2014. This is expected to be the final distribution paid for ASD.

The Distributions will vary from period to period.

About Horizons ETFs Management (Canada) Inc. (www.HorizonsETFs.com)

Horizons ETFs Management (Canada) Inc. and its affiliate AlphaPro Management Inc. are innovative financial services companies offering the Horizons ETFs family of exchange-traded funds. The Horizons ETFs family includes a broadly diversified range of investment tools with solutions for investors of all experience levels to meet their investment objectives in a variety of market conditions. With approximately $4.1 billion in assets under management and 73 ETFs listed on the Toronto Stock Exchange, the Horizons ETFs family makes up one of the largest families of ETFs in Canada. Horizons ETFs Management (Canada) Inc. and AlphaPro Management Inc. are members of the Mirae Asset Financial Group. 

SOURCE Horizons ETFs Management (Canada) Inc.

For further information:

Martin Fabregas, Investor Relations, (416) 601-2508 or 1-866-641-5739