TORONTO, Dec. 22, 2021 /CNW/ - Horizons ETFs Management
(Canada) Inc. ("Horizons
ETFs") is pleased to announce the distribution amounts per
unit/share (the "Distributions") for certain of its exchange
traded funds (the "ETFs"), for the 2021 tax year end, as
indicated in the table below.
Each ETF is required to distribute any net income and capital
gains that they have earned in the year. All of the Distributions
indicated as "Cash Distribution per Unit/Share" in the table (the
"Cash Distributions") will be paid in cash unless the
unitholder/shareholder has enrolled in the dividend reinvestment
plan ("DRIP") of the respective ETF.
The estimated annual non-cash Distributions, indicated as
"Reinvested Annual Non-Cash Distributions per Unit/Share (Est.)" in
the table (the "Non-Cash Distributions"), will not be paid
in cash but will be reinvested and reported as taxable
Distributions and will be used to increase each
unitholder/shareholder's adjusted cost base of their units/shares
of the respective ETF. The Non-Cash Distributions will be
reinvested automatically in additional units/shares of the
respective ETFs and immediately consolidated so that the number of
units/shares held by the unitholder/shareholder, the units/shares
outstanding of the ETFs and the net asset value of the ETFs will
not change as a result of the Non-Cash Distributions. The annual
Non-Cash Distribution rates in the table below are presented on an
estimated basis. A press release confirming the final annual
Non-Cash Distribution rates will be disseminated on or about the
record date of the Distributions.
The ex-dividend date for the Cash Distributions is anticipated
to be December 30, 2021 for all ETFs
except for the Horizons High Interest Savings ETF ("CASH").
The ex-dividend date for the Cash Distribution for CASH is
anticipated to be December 31, 2021.
The record date for both the Cash and Non-Cash Distributions will
be December 31, 2021. The Cash
Distributions for units/shares of each ETF will be paid in cash or,
if the unitholder/shareholder has enrolled in the respective ETF's
DRIP, will be reinvested in additional units/shares of the
applicable ETF, on or about January 13,
2022. The nominal payment date applied to the Non-Cash
Distributions will also be January 13,
2022, though in actuality there will be no physical payment
made as would be the case with the Cash
Distributions.
Horizons ETFs has made an additional announcement regarding the
December distributions for its family of covered call ETFs in a
separate press release.
|
ETF
Name
|
Ticker
Symbol
|
Cash
Distribution
per
Unit/Share
|
Annualized
Yield*
|
Frequency
|
Reinvested
Annual
Non-Cash
Distribution
per
Unit/Share
(Est.)
|
Estimated
Non-Cash
Distribution
as % of
NAV
|
|
Horizons Active A.I.
Global Equity ETF
|
MIND
|
$0.13464
|
0.53%
|
Annually
|
-
|
-
|
|
Horizons Robotics and
Automation Index ETF(1)
|
RBOT
|
$0.01614
|
0.04%
|
Annually
|
-
|
-
|
|
RBOT.U
|
$0.01614
|
0.04%
|
Annually
|
-
|
-
|
|
Horizons Industry 4.0
Index ETF
|
FOUR
|
-
|
-
|
Annually
|
$4.44903
|
8.02%
|
|
Horizons Global
Uranium Index ETF
|
HURA
|
$0.29344
|
1.22%
|
Annually
|
-
|
-
|
|
Horizons Balanced TRI
ETF Portfolio(2)
|
HBAL
|
$0.00936
|
0.06%
|
Annually
|
-
|
-
|
|
Horizons Conservative
TRI ETF Portfolio(2)
|
HCON
|
$0.01191
|
0.09%
|
Annually
|
-
|
-
|
|
Horizons Growth TRI
ETF Portfolio(2)
|
HGRO
|
$0.00295
|
0.02%
|
Annually
|
-
|
-
|
|
Horizons Emerging
Markets Leaders ETF
|
HEMC
|
$0.06545
|
0.71%
|
Annually
|
-
|
-
|
|
Horizons Global
Semiconductor Index ETF(3)
|
CHPS
|
$0.00214
|
0.01%
|
Annually
|
-
|
-
|
|
CHPS.U
|
$0.00214
|
0.01%
|
Annually
|
-
|
-
|
|
Horizons Global BBIG
Technology ETF
|
BBIG
|
-
|
-
|
Annually
|
$2.78331
|
10.13%
|
|
BBIG.U
|
-
|
-
|
Annually
|
$2.78331
|
10.13%
|
|
Horizons Active Cdn
Dividend ETF
|
HAL
|
$0.15444
|
3.14%
|
Quarterly
|
$0.25052
|
1.27%
|
|
Horizons Active
Global Dividend ETF
|
HAZ
|
$0.17277
|
2.29%
|
Quarterly
|
-
|
-
|
|
Horizons Pipelines
& Energy Services Index ETF
|
HOG
|
$0.07586
|
3.52%
|
Quarterly
|
$0.21697
|
2.51%
|
|
Horizons Inovestor
Canadian Equity Index ETF
|
INOC
|
$0.09791
|
3.07%
|
Quarterly
|
$0.28595
|
2.25%
|
|
Horizons Global
Sustainability Leaders Index
ETF
|
ETHI
|
$0.31441
|
2.54%
|
Quarterly
|
-
|
-
|
|
Horizons Big Data
& Hardware Index ETF
|
HBGD
|
-
|
-
|
|
$8.94486
|
32.96%
|
|
HBGD.U
|
-
|
-
|
|
$8.94486
|
32.96%
|
|
Horizons S&P
Green Bond Index ETF
|
HGGB
|
$0.12808
|
1.04%
|
Quarterly
|
-
|
-
|
|
Horizons Active
Corporate Bond ETF
|
HAB
|
$0.02665
|
2.91%
|
Monthly
|
-
|
-
|
|
Horizons Active Cdn
Bond ETF
|
HAD
|
$0.01710
|
2.00%
|
Monthly
|
-
|
-
|
|
Horizons Active
Global Fixed Income ETF
|
HAF
|
$0.01538
|
2.41%
|
Monthly
|
-
|
-
|
|
Horizons Active
Emerging Markets Bond ETF
|
HEMB
|
$0.03431
|
4.30%
|
Monthly
|
-
|
-
|
|
Horizons Active
Hybrid Bond and Preferred Share ETF
|
HYBR
|
$0.03197
|
3.99%
|
Monthly
|
-
|
-
|
|
Horizons Active
Ultra-Short Term Investment
Grade Bond
ETF
|
HFR
|
$0.01239
|
1.47%
|
Monthly
|
-
|
-
|
|
Horizons Active Cdn
Municipal Bond ETF
|
HMP
|
$0.01662
|
2.02%
|
Monthly
|
-
|
-
|
|
Horizons Active
Preferred Share ETF
|
HPR
|
$0.03280
|
4.13%
|
Monthly
|
-
|
-
|
|
Horizons Active
Floating Rate Senior Loan ETF
|
HSL
|
$0.01142
|
1.48%
|
Monthly
|
-
|
-
|
|
Horizons Active
Ultra-Short Term US Investment
Grade Bond
ETF(4)
|
HUF.U
|
$0.01232
|
1.46%
|
Monthly
|
-
|
-
|
|
HUF
|
$0.01232
|
1.46%
|
Monthly
|
-
|
-
|
|
Horizons Active High
Yield Bond ETF
|
HYI
|
$0.04524
|
5.89%
|
Monthly
|
-
|
-
|
|
Horizons Tactical
Absolute Return Bond ETF
|
HARB.J
|
$0.04125
|
5.10%
|
Monthly
|
-
|
-
|
|
Horizons Active ESG
Corporate Bond ETF
|
HAEB
|
$0.02390
|
2.90%
|
Monthly
|
-
|
-
|
|
Horizons High
Interest Savings ETF
|
CASH
|
$0.02564
|
0.62%
|
Monthly
|
-
|
-
|
|
|
* Based on the applicable December
21, 2021, net asset value per unit/share, which is available at
www.HorizonsETFs.com.
|
|
(1)
|
Distributions for
Horizons Robotics and Automation Index ETF are declared and paid in
Canadian dollars, including those listed under the U.S. dollar
traded ticker RBOT.U. The approximate U.S. dollar equivalent
distribution rate for RBOT.U is $0.01250 per unit. For unitholders
who hold the U.S. dollar traded RBOT.U, distribution payments will
typically be converted to U.S. dollars by the unitholder's account
holder.
|
|
(2)
|
Distributions for
Horizons Balanced TRI ETF Portfolio (HBAL), Horizons Conservative
TRI ETF Portfolio (HCON) and Horizons Growth TRI ETF Portfolio
(HGRO) are in respect to securities lending revenue generated by
the ETFs and are income in nature.
|
|
(3)
|
Distributions for
Horizons Global Semiconductor Index ETF are declared and paid in
Canadian dollars, including those listed under the U.S. dollar
traded ticker CHPS.U. The approximate U.S. dollar equivalent
distribution rate for CHPS.U is $0.00166 per unit. For unitholders
who hold the U.S. dollar traded CHPS.U, distribution payments will
typically be converted to U.S. dollars by the unitholder's account
holder.
|
|
(4)
|
Distributions for the
Horizons Active Ultra-Short Term US Investment Grade Distributions
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 $0.01591 per unit.
For unitholders who hold the 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.
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 $20 billion of
assets under management and 104 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 (the "Horizons
Exchange Traded Products") managed by Horizons ETFs Management
(Canada) Inc. 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.