TORONTO, Feb. 17, 2012 /CNW/ - Horizons Exchange Traded Funds Inc. ("Horizons ETFs") and its affiliate AlphaPro Management Inc. 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 February 29, 2012, as indicated in the table below.
The ex-dividend date for the Distributions is anticipated to be February 27, 2012, for all unitholders of record on February 29, 2012. 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 March 12, 2012.
CLASS E UNITS
|ETF Name|| Ticker
|Horizons Corporate Bond ETF||HAB||$0.03397||4.08%||Monthly|
|Horizons Tactical Bond ETF||HAF||$0.03750||5.71%||Monthly|
|Horizons Dividend ETF||HAL||$0.02419||2.63%||Monthly|
|Horizons Global Dividend ETF||HAZ||$0.03000||3.13%||Monthly|
|Horizons Floating Rate Bond ETF||HFR||$0.02123||2.67%||Monthly|
|Horizons Preferred Share ETF||HPR||$0.03764||4.64%||Monthly|
|Horizons Australian Dollar Currency ETF||ASD||$0.02870||3.38%||Monthly|
ADVISOR CLASS UNITS
|ETF Name|| Ticker
|Horizons Corporate Bond ETF||HAB.A||$0.02875||3.45%||Monthly|
|Horizons Tactical Bond ETF||HAF.A||$0.03377||5.14%||Monthly|
|Horizons Dividend ETF||HAL.A||$0.01568||1.71%||Monthly|
|Horizons Global Dividend ETF||HAZ.A||$0.02095||2.19%||Monthly|
|Horizons Floating Rate Bond ETF||HFR.A||$0.01655||2.08%||Monthly|
|Horizons Preferred Share ETF||HPR.A||$0.03284||4.05%||Monthly|
* Based on the applicable February 16, 2012 net asset value per unit
The Distributions will vary from period to period.
About Horizons Exchange Traded Funds Inc. (www.horizonsetfs.com)
Horizons ETFs is an innovative financial services company offering the Horizons ETFs family of ETFs. 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 more than $3.3 billion in assets under management and 77 ETFs listed on the Toronto Stock Exchange, the Horizons ETFs family makes up the largest selection of ETFs in Canada. Horizons ETFs is a subsidiary of Horizons ETFs Management (Canada) Inc. and a member of the Mirae Asset Financial Group.
For further information:
Martin Fabregas, Investor Relations, (416) 601-2508 or 1-866-641-5739