TORONTO – March 8, 2018 – Horizons ETFs Management (Canada) Inc. (“Horizons ETFs”) is announcing the following amendments to the year-end annual non-cash reinvested distribution amounts per unit (the “Non-Cash Distributions”) disclosed for two of the exchange traded funds (the “ETFs”) in the press release dated December 29, 2017.
The Non-Cash Distribution rates are amended for the ETFs listed below as follows:
|ETF Name||Amended Non-Cash
Rate per Unit
|Horizons Active Intl Developed Markets Equity ETF (HADM)||$0.07519||$nil|
|Horizons China High Dividend Yield Index ETF (HCN)||$0.99403||$0.35382|
The ex-dividend date for the Non-Cash Distributions was December 28, 2017, for all unitholders of record on December 29, 2017. The Non-Cash Distributions were reinvested automatically in additional units of the 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, did not change as a result of the Non-Cash Distributions.
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 suite 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 currently has approximately $10 billion of assets under management and 82 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