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      Horizons announces August 2016 distributions for certain active ETFs


      News provided by

      Horizons ETFs Management (Canada) Inc.

      Aug 22, 2016, 17:01 ET

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      TORONTO, Aug. 22, 2016 /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 August 31, 2016, as indicated in the table below.

      The ex-dividend date for the Distributions is anticipated to be August 29, 2016, for all unitholders of record on August 31, 2016.  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 September 13, 2016. 

      Horizons ETFs will make an additional announcement of the August distributions for its family of covered call exchange traded funds on or about August 23, 2016.

      ETF Name

      Ticker
      Symbol

      Distribution
      per Unit

      Annualized
      Yield *

      Frequency

      Horizons Active Corporate Bond ETF

      HAB

      $0.03022

      3.32%

      Monthly

      HAB.A

      $0.02521

      2.77%

      Monthly

      Horizons Active Cdn Bond ETF

      HAD

      $0.02244

      2.60%

      Monthly

      HAD.A

      $0.01762

      2.04%

      Monthly

      Horizons Active Global Fixed Income ETF

      HAF

      $0.02456

      3.74%

      Monthly

      HAF.A

      $0.02098

      3.19%

      Monthly

      Horizons Active Emerging Markets Dividend ETF

      HAJ

      $0.01997

      1.87%

      Monthly

      HAJ.A

      $0.01104

      1.04%

      Monthly

      Horizons Active Cdn Dividend ETF

      HAL

      $0.03929

      3.26%

      Monthly

      HAL.A

      $0.02928

      2.43%

      Monthly

      Horizons Active US Dividend ETF(1)

      HAU

      $0.01902

      2.09%

      Monthly

      HAU.U

      $0.01902

      2.09%

      Monthly

      HAU.A

      $0.01101

      1.21%

      Monthly

      Horizons Active Global Dividend ETF

      HAZ

      $0.03990

      2.58%

      Monthly

      HAZ.A

      $0.02651

      1.71%

      Monthly

      Horizons Active Floating Rate Preferred Share ETF

      HFP

      $0.02965

      4.28%

      Monthly

      HFP.A

      $0.02575

      3.72%

      Monthly

      Horizons Active Floating Rate Bond ETF

      HFR

      $0.01700

      2.04%

      Monthly

      HFR.A

      $0.01210

      1.45%

      Monthly

      Horizons Active Cdn Municipal Bond ETF

      HMP

      $0.01825

      2.20%

      Monthly

      HMP.A

      $0.01357

      1.64%

      Monthly

      Horizons Active Preferred Share ETF

      HPR

      $0.03040

      4.31%

      Monthly

      HPR.A

      $0.02665

      3.77%

      Monthly

      Horizons Active Floating Rate Senior Loan ETF

      HSL

      $0.02895

      3.51%

      Monthly

      HSL.A

      $0.02438

      2.96%

      Monthly

      Horizons Active US Floating Rate Bond (USD) ETF (2)

      HUF.U

      $0.01328

      1.58%

      Monthly

      HUF

      $0.01328

      1.58%

      Monthly

      HUF.V

      $0.00862

      1.03%

      Monthly

      Horizons Active High Yield Bond ETF

      HYI

      $0.04804

      5.76%

      Monthly

      HYI.A

      $0.04345

      5.21%

      Monthly

      * Based on the applicable August 19, 2016 net asset value per unit which is available at www.HorizonsETFs.com.

      (1)   

      Distributions for Horizons Active US Dividend ETF are declared and paid in Canadian dollars, including those listed under the U.S. dollar traded ticker HAU.U.  The approximate U.S. dollar equivalent distribution rate for HAU.U is $0.01479 per unit. For unitholders who hold U.S. dollar traded HAU.U, distribution payments will typically be converted to U.S. dollars by the unitholder's account holder.

      (2)    

      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 $0.01708 per unit. For unitholders who hold Canadian dollar traded HUF, distribution payments will typically be converted to Canadian dollars by the unitholder's account holder.

      Distributions for the ETFs 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. Horizons ETFs has more than $6.5 billion of assets under management and with 75 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 Global Investments Group.

      SOURCE Horizons ETFs Management (Canada) Inc.

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

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      Horizons ETFs Management (Canada) Inc.

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