TORONTO, July 20, 2012 /CNW/ - Horizons Exchange Traded Funds Inc. ("Horizons ETFs") and its affiliates are pleased to announce the distribution amounts
per unit (the "Distributions") for certain of the Horizons ETFs family of exchange traded funds (the
"ETFs"), for the period ending July 31, 2012, as indicated in the table
below.
The ex-dividend date for the Distributions is anticipated to be July 27,
2012, for all unitholders of record on July 31, 2012. The
Distributions 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, 2012.
Horizons ETFs will make an additional announcement of the July
distributions for its family of covered call exchange traded funds on
or about July 23, 2012.
CLASS E UNITS
|
ETF Name
|
Ticker
Symbol
|
Distribution
per Unit
|
Annualized
Yield *
|
Frequency
|
|
Horizons Corporate Bond ETF
|
HAB
|
$0.03291
|
3.63%
|
Monthly
|
|
Horizons Tactical Bond ETF
|
HAF
|
$0.03750
|
5.29%
|
Monthly
|
|
Horizons Dividend ETF
|
HAL
|
$0.02556
|
2.69%
|
Monthly
|
|
Horizons Global Dividend ETF
|
HAZ
|
$0.03000
|
2.90%
|
Monthly
|
|
Horizons Preferred Share ETF
|
HPR
|
$0.03680
|
4.23%
|
Monthly
|
|
Horizons Floating Rate Bond ETF
|
HFR
|
$0.02163
|
2.53%
|
Monthly
|
|
Horizons U.S. Floating Rate Bond ETF (1) |
HUF.U
|
$0.02050
|
2.40%
|
Monthly
|
|
Horizons High Yield Bond ETF
|
HYI
|
$0.06150
|
7.03%
|
Monthly
|
|
Horizons Australian Dollar Currency ETF
|
ASD
|
$0.02339
|
2.62%
|
Monthly
|
ADVISOR CLASS UNITS
|
ETF Name
|
Ticker
Symbol
|
Distribution
per Unit
|
Annualized
Yield *
|
Frequency
|
|
Horizons Corporate Bond ETF
|
HAB.A
|
$0.02782
|
3.06%
|
Monthly
|
|
Horizons Tactical Bond ETF
|
HAF.A
|
$0.03369
|
4.76%
|
Monthly
|
|
Horizons Dividend ETF
|
HAL.A
|
$0.01844
|
1.94%
|
Monthly
|
|
Horizons Global Dividend ETF
|
HAZ.A
|
$0.02225
|
2.15%
|
Monthly
|
|
Horizons Preferred Share ETF
|
HPR.A
|
$0.03249
|
3.73%
|
Monthly
|
|
Horizons Floating Rate Bond ETF
|
HFR.A
|
$0.01700
|
1.99%
|
Monthly
|
|
Horizons U.S. Floating Rate Bond ETF (1) |
HUF.V
|
$0.01568
|
1.84%
|
Monthly
|
|
Horizons High Yield Bond ETF
|
HYI.A
|
$0.05655
|
6.46%
|
Monthly
|
* Based on the applicable July 19, 2012 net asset value per unit which
is available at www.horizonsetfs.com
The Distributions will vary from period to period.
(1) Distributions for Horizons U.S. Floating Rate Bond ETF are declared and
paid in U.S. dollars.
About Horizons Exchange Traded Funds Inc. (www.horizonsetfs.com)
Horizons ETFs is an innovative financial services company offering the
Horizons ETFs family of ETFs. The Horizons ETFs family includes a
broadly diversified range of investment tools with solutions for
investors of all experience levels to meet their investment objectives
in a variety of market conditions. With more than $3.3 billion in
assets under management and 81 ETFs listed on the Toronto Stock
Exchange, the Horizons ETFs family makes up one of the largest families
of ETFs in Canada. Horizons ETFs is a subsidiary of Horizons ETFs
Management (Canada) Inc. and a member of the Mirae Asset Financial
Group.