TORONTO – June 21, 2019 – 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 period ending June 30, 2019, as indicated in the table below.
The ex-dividend date for the Distributions is anticipated to be June 27, 2019, for all unitholders of record on June 28, 2019. The 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 July 11, 2019.
Horizons ETFs has made an additional announcement regarding the June distributions for its family of covered call ETFs in a separate press release.
| Ticker Symbol | Distribution per Unit |
Annualized Yield* |
Frequency |
| DLR.U | $0.02044 | 0.81% | |
| DLR | $0.02044 | 0.81% | |
| ETHI | $0.04824 | 0.69% | Quarterly |
| HAB | $0.02698 | 2.94% | Monthly |
| HAD | $0.02013 | 2.34% | Monthly |
| HAF | $0.01789 | 2.75% | Monthly |
| HAJ | $0.05585 | 1.70% | Quarterly |
| HAL | $0.12830 | 3.01% | Quarterly |
| HAU | $0.05236 | 1.55% | Quarterly |
| HAU.U | $0.05236 | 1.55% | Quarterly |
| HAZ | $0.11092 | 1.95% | Quarterly |
| HCN | $0.28060 | 4.43% | Quarterly |
| HEMB | $0.03524 | 4.13% | Monthly |
| HEW | $0.07426 | 2.00% | Quarterly |
| HFP | $0.03279 | 5.08% | Monthly |
| HFR | $0.02164 | 2.58% | Monthly |
| HGM | $0.08708 | 1.60% | Semi-Annual |
| HII | $0.06559 | 2.36% | Quarterly |
| HMJR | $0.08941 | 5.92% | |
| HMMJ | $0.20068 | 4.23% | Quarterly |
| HMMJ.U | $0.20068 | 4.23% | Quarterly |
| HMP | $0.01710 | 2.06% | Monthly |
| HMUS | $0.05762 | 3.55% | |
| HMUS.U | $0.05762 | 3.55% | |
| HOG | $0.09788 | 4.43% | Quarterly |
| HPR | $0.03343 | 5.14% | Monthly |
| HSL | $0.03155 | 3.94% | Monthly |
| HUF.U | $0.02787 | 3.33% | Monthly |
| HUF | $0.02787 | 3.33% | Monthly |
| HYI | $0.05024 | 6.23% | Monthly |
| INOC | $0.05919 | 2.26% | Quarterly |
* Based on the applicable June 20, 2019, net asset value per unit, which is available at www.HorizonsETFs.com.
(1) 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 $0.02696 per unit. For unitholders who hold the Canadian dollar-traded DLR, distribution payments will typically be converted to Canadian 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.
(2) 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 $0.03970 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.
(3) Distributions for Horizons Emerging Marijuana Growers Index ETF 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.
(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 $0.15215 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) The units of Horizons US Marijuana Index ETF began trading on April 17, 2019. The distributions attributable to those units have been pro-rated from its launch date. Distributions 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 $ 0.04369 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 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 $0.03676 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.
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 $10 billion of assets under management and 90 ETFs listed on major Canadian stock exchanges. Horizons ETFs Management (Canada) Inc. is a member of the Mirae Asset Global Investments Group.
For further information:
Martin Fabregas, Investor Relations, (416) 601-2508 or 1-866-641-5739.
