TORONTO – April 23, 2020 – 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 April 30, 2020, as indicated in the table below.
The ex-dividend date for the Distributions is anticipated to be April 29, 2020, for all unitholders of record on April 30, 2020. 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 May 12, 2020.
Horizons ETFs has made an additional announcement regarding the April distributions for its family of covered call ETFs in a separate press release.
* Based on the applicable April 22, 2020, net asset value per unit, which is available at www.HorizonsETFs.com.
(1) 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 $0.02899 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 $11 billion of assets under management and 91 ETFs listed on major Canadian stock exchanges.
For further information:
Martin Fabregas, Investor Relations, (416) 601-2508 or 1-866-641-5739.