Horizons Announces April 2014 Distributions for Certain Active ETFs

TORONTO, April 21, 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 April 30, 2014, as indicated in the table below.

The ex-dividend date for the Distributions is anticipated to be April 28, 2014, for all unitholders of record on April 30, 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 May 12, 2014. 

Horizons ETFs will make an additional announcement of the April distributions for its family of covered call exchange traded funds on or about April 22, 2014.

ETF Name

Ticker Symbol

Distribution per Unit

Annualized Yield * 

Frequency

Horizons Active Corporate Bond ETF

HAB

0.02948

3.31%

Monthly

HAB.A

0.02472

2.78%

Monthly

Horizons Active Cdn Bond ETF

HAD

0.02208

2.71%

Monthly

HAD.A

0.01752

2.15%

Monthly

Horizons Active Yield Matched Duration ETF

HAF

0.02809

3.99%

Monthly

HAF.A

0.02425

3.45%

Monthly

Horizons Active Emerging Markets Dividend ETF

HAJ

0.02310

2.38%

Monthly

HAJ.A

0.01486

1.53%

Monthly

Horizons Active Cdn Dividend ETF

HAL

0.03422

2.90%

Monthly

HAL.A

0.02423

2.05%

Monthly

Horizons Active Global Dividend ETF

HAZ

0.03190

2.51%

Monthly

HAZ.A

0.02113

1.66%

Monthly

Horizons Active Floating Rate Preferred Share ETF

HFP

0.02870

3.38%

Monthly

HFP.A

0.02389

2.82%

Monthly

Horizons Active Floating Rate Bond ETF

HFR

0.01854

2.18%

Monthly

HFR.A

0.01353

1.59%

Monthly

Horizons Active Preferred Share ETF

HPR

0.03442

4.13%

Monthly

HPR.A

0.02973

3.56%

Monthly

Horizons Active US Floating Rate Bond (USD) ETF (1)

HUF.U

0.01185

1.41%

Monthly

HUF

0.01185

1.41%

Monthly

HUF.V

0.00708

0.84%

Monthly

Horizons Active High Yield Bond ETF

HYI

0.05320

5.87%

Monthly

HYI.A

0.04808

5.31%

Monthly


* Based on the applicable April 17, 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.  The approximate Canadian dollar equivalent distribution rate for HUF is $0.01305 per unit.



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 69 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.