TORONTO – July 24, 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 July 31, 2020, as indicated in the table below.
The ex-dividend date for the Distributions is anticipated to be July 30, 2020, for all unitholders of record on July 31, 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 August 13, 2020.
Horizons ETFs has made an additional announcement regarding the July distributions for its family of covered call ETFs in a separate press release.
* Based on the applicable July 23, 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 $0.02723 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 istributions, 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 $14 billion of assets under management and 92 ETFs listed on major Canadian stock exchanges.
For further information:
Martin Fabregas, Investor Relations, (416) 601-2508 or 1-866-641-5739.