TORONTO, June 23,
2023 /CNW/ - Horizons ETFs Management (Canada) Inc. ("Horizons ETFs") is
pleased to announce the distribution amounts per security (the
"Distributions") for its exchange traded funds (the
"ETFs"), for the period ending June
30, 2023, as indicated in the tables below.
The ex-dividend date for the following Distributions is
anticipated to be June 29,
2023.
|
ETF
Name
|
Ticker
Symbol
|
Distribution per
Security
|
Frequency
|
|
Horizons Active Cdn
Dividend ETF
|
HAL
|
$0.17768
|
Quarterly
|
|
Horizons Active Global
Dividend ETF
|
HAZ
|
$0.12136
|
Quarterly
|
|
Horizons Marijuana Life
Sciences Index ETF(1)
|
HMMJ
|
$0.09385
|
Quarterly
|
|
HMMJ.U
|
$0.09385
|
Quarterly
|
|
Horizons Pipelines
& Energy Services Index ETF
|
HOG
|
$0.09969
|
Quarterly
|
|
Horizons Inovestor
Canadian Equity Index ETF
|
INOC
|
$0.07729
|
Quarterly
|
|
Horizons Global
Sustainability Leaders Index ETF
|
ETHI
|
$0.12686
|
Quarterly
|
|
Horizons S&P Green
Bond Index ETF
|
HGGB
|
$0.22355
|
Quarterly
|
|
Horizons Active
Corporate Bond ETF
|
HAB
|
$0.03258
|
Monthly
|
|
Horizons Active Cdn
Bond ETF
|
HAD
|
$0.02319
|
Monthly
|
|
Horizons Active Global
Fixed Income ETF
|
HAF
|
$0.03232
|
Monthly
|
|
Horizons Active Hybrid
Bond and Preferred Share ETF
|
HYBR
|
$0.03481
|
Monthly
|
|
Horizons Active
Ultra-Short Term Investment Grade Bond ETF
|
HFR
|
$0.04468
|
Monthly
|
|
Horizons Active Cdn
Municipal Bond ETF
|
HMP
|
$0.02573
|
Monthly
|
|
Horizons Active
Preferred Share ETF
|
HPR
|
$0.03497
|
Monthly
|
|
Horizons Active
Floating Rate Senior Loan ETF
|
HSL
|
$0.04794
|
Monthly
|
|
Horizons Active
Ultra-Short Term US Investment Grade Bond
ETF(2)
|
HUF.U
|
$0.03727
|
Monthly
|
|
HUF
|
$0.03727
|
Monthly
|
|
Horizons Active High
Yield Bond ETF
|
HYI
|
$0.04250
|
Monthly
|
|
Horizons Tactical
Absolute Return Bond ETF
|
HARB.J
|
$0.03800
|
Monthly
|
|
Horizons Active ESG
Corporate Bond ETF
|
HAEB
|
$0.02930
|
Monthly
|
|
Horizons Canadian
Utility Services High Dividend Index ETF
|
UTIL
|
$0.07400
|
Monthly
|
|
Horizons Canadian Large
Cap Equity Covered Call ETF
|
CNCC
|
$0.10000
|
Monthly
|
|
Horizons Canadian Oil
and Gas Equity Covered Call ETF
|
ENCC
|
$0.13000
|
Monthly
|
|
Horizons Gold Producer
Equity Covered Call ETF
|
GLCC
|
$0.22000
|
Monthly
|
|
Horizons Equal Weight
Canadian Bank Covered Call ETF
|
BKCC
|
$0.15000
|
Monthly
|
|
Horizons NASDAQ-100
Covered Call ETF
|
QQCC
|
$0.10750
|
Monthly
|
|
Horizons US Large Cap
Equity Covered Call ETF(3)
|
USCC.U
|
$0.12000
|
Monthly
|
|
USCC
|
$0.12000
|
Monthly
|
|
Horizons Gold Yield
ETF
|
HGY
|
$0.05000
|
Monthly
|
The ex-dividend date for the following Distributions is
anticipated to be June 30, 2023.
|
ETF
Name
|
Ticker
Symbol
|
Distribution per
Security
|
Frequency
|
|
Horizons US Dollar
Currency ETF (4)
|
DLR.U
|
$0.08246
|
Quarterly
|
|
DLR
|
$0.08246
|
Quarterly
|
|
Horizons High Interest
Savings ETF
|
CASH
|
$0.20570
|
Monthly
|
|
Horizons 0-3 Month
T-Bill ETF
|
CBIL
|
$0.18900
|
Monthly
|
|
Horizons 0-3 Month U.S.
T-Bill ETF(5)
|
UBIL.U
|
$0.20700
|
Monthly
|
The record date for all ETFs will be June
30, 2023. 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
July 10, 2023.
|
(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 $0.07137 per security. For
securityholders who hold the U.S. dollar traded HMMJ.U, the
securityholder's account holder will typically convert distribution
payments to U.S. dollars.
|
|
(2)
|
Distributions for
the Horizons Active Ultra-Short Term US Investment Grade Bond 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 $0.04901
per security. For securityholders who hold the Canadian
dollar-traded HUF, the securityholder's account holder will
typically convert distribution payments to Canadian
dollars.
|
|
(3)
|
Distributions for
the Horizons US Large Cap Equity Covered Call ETF are declared and
paid in U.S. dollars, including those listed under the Canadian
dollar-traded ticker USCC. The approximate Canadian dollar
equivalent distribution rate for USCC is $0.15779 per security. For
securityholders who hold the Canadian dollar-traded USCC, the
securityholder's account holder will typically convert distribution
payments to Canadian dollars.
|
|
(4)
|
Distributions for
the Horizons US Dollar Currency ETF are declared and paid in U.S.
dollars, including those listed under the Canadian dollar-traded
ticker DLR. The approximate Canadian dollar equivalent distribution
rate for DLR is $0.10843 per security. For securityholders who hold
the Canadian dollar-traded DLR, the securityholder's account holder
will typically convert distribution payments to Canadian
dollars.
|
|
(5)
|
Distributions for
the Horizons 0-3 Month U.S. T-Bill ETF are declared and paid in
U.S. dollars,
|
|
|
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 $25 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.