TORONTO, Dec. 22, 2020 /CNW/ - Horizons ETFs Management
(Canada) Inc. ("Horizons
ETFs") is pleased to announce the distribution amounts per unit
(the "Distributions") for certain of its exchange traded
funds (the "ETFs"), for the 2020 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" in the table (the "Cash
Distributions") will be paid in cash unless the unitholder 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 (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's adjusted cost base
of their units of the respective ETF. The Non-Cash Distributions
will be reinvested automatically in additional units of the
respective ETFs and immediately consolidated so that the number of
units held by the unitholder, the units 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, 2020. The record
date for both the Cash and Non-Cash Distributions will be
December 31, 2020. The Cash
Distributions for units of each ETF 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 January
13, 2021. The nominal payment date applied to the Non-Cash
Distributions will also be January 13,
2021, 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
|
Annualized
Yield*
|
Frequency
|
Reinvested
Non-Cash
Income
Distribution
per Unit
(Est.)
|
Estimated
Non-Cash
Distribution
as % of
NAV
|
|
Horizons Active A.I.
Global Equity ETF
|
MIND
|
-
|
-
|
Annually
|
$0.58464
|
2.19%
|
|
Horizons Robotics and
Automation Index ETF(1)
|
RBOT
|
$0.05573
|
0.17%
|
Annually
|
-
|
-
|
|
RBOT.U
|
$0.05573
|
0.17%
|
Annually
|
-
|
-
|
|
Horizons Big Data
& Hardware Index ETF(2)
|
HBGD
|
$0.16789
|
0.34%
|
Annually
|
$1.10861
|
2.24%
|
|
HBGD.U
|
$0.16789
|
0.34%
|
Annually
|
$1.10861
|
2.24%
|
|
Horizons Industry 4.0
Index ETF
|
FOUR
|
-
|
-
|
Annually
|
$6.71648
|
14.37%
|
|
Horizons Global
Uranium Index ETF
|
HURA
|
$0.08720
|
0.69%
|
Annually
|
-
|
-
|
|
Horizons Balanced TRI
ETF Portfolio
|
HBAL
|
$0.00492
|
0.04%
|
Annually
|
-
|
-
|
|
Horizons Conservative
TRI ETF Portfolio
|
HCON
|
$0.09850
|
0.79%
|
Annually
|
-
|
-
|
|
Horizons Growth TRI
ETF Portfolio
|
HGRO
|
$0.17219
|
1.40%
|
Annually
|
-
|
-
|
|
Horizons Active
Emerging Markets Dividend
ETF
|
HAJ
|
$0.04933
|
1.51%
|
Quarterly
|
-
|
-
|
|
Horizons Active Cdn
Dividend ETF
|
HAL
|
$0.14463
|
3.45%
|
Quarterly
|
-
|
-
|
|
Horizons Active US
Dividend ETF(3)
|
HAU
|
$0.03713
|
1.01%
|
Quarterly
|
-
|
-
|
|
HAU.U
|
$0.03713
|
1.01%
|
Quarterly
|
-
|
-
|
|
Horizons Active
Global Dividend ETF
|
HAZ
|
$0.12261
|
2.01%
|
Quarterly
|
$0.22884
|
0.94%
|
|
Horizons China High
Dividend Yield Index ETF
|
HCN
|
$0.31278
|
6.16%
|
Quarterly
|
-
|
-
|
|
Horizons Cdn Insider
Index ETF
|
HII
|
$0.04645
|
1.49%
|
Quarterly
|
-
|
-
|
|
Horizons Marijuana
Life Sciences Index ETF(4)
|
HMMJ
|
$0.01693
|
0.81%
|
Quarterly
|
-
|
-
|
|
HMMJ.U
|
$0.01693
|
0.81%
|
Quarterly
|
-
|
-
|
|
Horizons Pipelines
& Energy Services Index ETF
|
HOG
|
$0.08977
|
5.22%
|
Quarterly
|
-
|
-
|
|
Horizons Inovestor
Canadian Equity Index ETF
|
INOC
|
$0.05128
|
1.88%
|
Quarterly
|
-
|
-
|
|
Horizons Global
Sustainability Leaders Index
ETF
|
ETHI
|
$0.10406
|
1.01%
|
Quarterly
|
-
|
-
|
|
Horizons US Marijuana
Index ETF(5)
|
HMUS
|
$0.07390
|
1.28%
|
|
-
|
-
|
|
HMUS.U
|
$0.07390
|
1.28%
|
|
-
|
-
|
|
Horizons Active
Corporate Bond ETF
|
HAB
|
$0.02869
|
3.00%
|
Monthly
|
-
|
-
|
|
Horizons Active Cdn
Bond ETF
|
HAD
|
$0.01841
|
2.02%
|
Monthly
|
$0.11752
|
1.07%
|
|
Horizons Active
Global Fixed Income ETF
|
HAF
|
$0.01875
|
2.93%
|
Monthly
|
-
|
-
|
|
Horizons Active
Emerging Markets Bond ETF
|
HEMB
|
$0.03300
|
3.91%
|
Monthly
|
-
|
-
|
|
Horizons Active
Floating Rate Preferred Share
ETF
|
HFP
|
$0.03472
|
5.17%
|
Monthly
|
-
|
-
|
|
Horizons Active
Ultra-Short Term Investment
Grade Bond ETF
|
HFR
|
$0.02101
|
2.48%
|
Monthly
|
-
|
-
|
|
Horizons Active Cdn
Municipal Bond ETF
|
HMP
|
$0.01867
|
2.20%
|
Monthly
|
-
|
-
|
|
Horizons Active
Preferred Share ETF
|
HPR
|
$0.03563
|
5.24%
|
Monthly
|
-
|
-
|
|
Horizons Active
Floating Rate Senior Loan ETF
|
HSL
|
$0.01882
|
2.42%
|
Monthly
|
-
|
-
|
|
Horizons Active
Ultra-Short Term US Investment
Grade Bond ETF(6)
|
HUF.U
|
$0.02051
|
2.43%
|
Monthly
|
-
|
-
|
|
HUF
|
$0.02051
|
2.43%
|
Monthly
|
-
|
-
|
|
Horizons Active High
Yield Bond ETF
|
HYI
|
$0.04646
|
6.09%
|
Monthly
|
-
|
-
|
|
|
|
* Based on
the applicable December 21, 2020, net asset value per unit, 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 $0.04336 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 Big Data & Hardware Index ETF are declared and paid in
Canadian dollars, including those listed under the U.S. dollar
traded ticker HBGD.U. The approximate U.S. dollar equivalent
distribution rate for HBGD.U is $0.13062 per unit. For unitholders
who hold the U.S. dollar traded HBGD.U, distribution payments will
typically be converted to U.S. dollars by the unitholder's account
holder.
|
|
(3)
|
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 of the cash
distribution rate for HAU.U is $0.02889 per unit. For unitholders
who hold the U.S. dollar traded HAU.U, distribution payments will
typically be converted to U.S. dollars by the unitholder's account
holder.
|
|
(4)
|
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 $0.01317 per unit. For unitholders
who hold the U.S. dollar traded HMMJ.U, distribution payments will
typically be converted to U.S. dollars by the unitholder's account
holder.
|
|
(5)
|
Distributions for
Horizons US Marijuana Index ETF are declared and paid in Canadian
dollars, including those listed under the U.S. dollar traded ticker
HMUS.U. The approximate U.S. dollar equivalent distribution rate
for HMUS.U is $0.05750 per unit. For unitholders who hold the U.S.
dollar traded HMUS.U, distribution payments will typically be
converted to U.S.dollars by the unitholder's account holder.
Distributions are being reviewed at least quarterly but they are
declared at the discretion of Horizons ETFs and may not be
announced with a set frequency.
|
|
(6)
|
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 $0.02636 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 $16 billion of
assets under management and 93 ETFs listed on major Canadian stock
exchanges.
Commissions, management fees and expenses all may be
associated with an investment in exchange traded products (the
"Horizons Exchange Traded Products") managed by Horizons ETFs
Management (Canada) Inc. 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.
Certain statements may constitute a forward-looking
statement, including those identified by the expression "expect"
and similar expressions (including grammatical variations thereof).
The forward-looking statements are not historical facts but reflect
the author's current expectations regarding future results or
events. These forward-looking statements are subject to a number of
risks and uncertainties that could cause actual results or events
to differ materially from current expectations. These and other
factors should be considered carefully and readers should not place
undue reliance on such forward looking statements. These
forward-looking statements are made as of the date hereof and the
authors do not undertake to update any forward-looking statement
that is contained herein, whether as a result of new information,
future events or otherwise, unless required by applicable
law.
SOURCE Horizons ETFs Management (Canada) Inc.