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Horizons ETFs announces December 2018 distributions for certain ETFs (INOC)

By December 20, 2018 No Comments

TORONTODec. 20, 2018 /CNW/ – 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 2018 tax year end, as indicated in the table below.

Each ETF is required to distribute any net income and capital gains that they have earned in the year. All of the Distributions indicated as “Cash Distribution per Unit” in the table (the “Cash Distributions”) will be paid in cash unless the unitholder has enrolled in the dividend reinvestment plan (“DRIP”) of the respective ETF.

The annual non-cash Distributions, indicated as “Reinvested Annual Non-Cash Distributions per Unit (Est.)” in the table (the “Non-Cash Distributions”), will not be paid in cash but will be reinvested and reported as taxable Distributions and will be used to increase each unitholder’s adjusted cost base of their units of the respective ETF. The Non-Cash Distributions will be reinvested automatically in additional units of the respective 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 will not change as a result of the Non-Cash Distributions. The annual Non-Cash Distribution rates in the table below are presented on an estimated basis. A press release confirming the final annual Non-Cash Distribution rates will be disseminated on or about the record date of the Distributions.

The ex-dividend date for the Distributions is anticipated to be December 28, 2018, for all unitholders of record on December 31, 2018. 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 January 11, 2019.

Horizons ETFs has made an additional announcement regarding the December distributions for its family of covered call ETFs in a separate press release.

 

View the Press Release

 

ETF Name

Ticker

Symbol

Cash

Distribution

per Unit

Annualized

Yield*

Frequency

Reinvested

Annual Non-

Cash

Distribution

per Unit

(Est.)

Horizons Blockchain Technology & Hardware Index ETF(1)

BKCH

$0.11908

0.68%

Annually

BKCH.U

$0.11908

0.68%

Annually

Horizons Global Sustainability Leaders Index ETF(2)

ETHI

$ 0.01050

0.35%

Quarterly

Horizons Active Corporate Bond ETF

HAB

$ 0.02872

3.28 %

Monthly

Horizons Seasonal Rotation ETF

HAC

Annually

$1.33911

Horizons Active Cdn Bond ETF

HAD

$ 0.02109

2.56 %

Monthly

Horizons Active Intl Developed Markets Equity ETF

HADM

$0.04488

2.01%

Quarterly

Horizons Active Global Fixed Income ETF

HAF

$ 0.02339

3.64 %

Monthly

Horizons Active Emerging Markets Dividend ETF

HAJ

$0.06248

2.01%

Quarterly

$0.11797

Horizons Active Cdn Dividend ETF

HAL

$0.12519

3.39%

Quarterly

Horizons Active US Dividend ETF(3)

HAU

$0.05879

2.03%

Quarterly

$0.08652

HAU.U

$0.05879

2.03%

Quarterly

$0.08652

Horizons Active Global Dividend ETF

HAZ

$0.11939

2.40%

Quarterly

$0.17347

Horizons China High Dividend Yield Index ETF

HCN

$0.40990

6.62%

Quarterly

$1.64109

Horizons Active Emerging Markets Bond ETF

HEMB

$ 0.03543

4.36%

Monthly

Horizons S&P/TSX 60 Equal Weight Index ETF

HEW

$0.07421

2.31%

Quarterly

Horizons Active Floating Rate Preferred Share ETF

HFP

$ 0.03014

4.41%

Monthly

Horizons Active Floating Rate Bond ETF

HFR

$ 0.02054

2.48%

Monthly

Horizons Managed Global Opportunities ETF

HGM

$0.06669

1.30%

Semi-Annual

Horizons Cdn Insider Index ETF

HII

$0.07320

2.96%

Quarterly

Horizons Marijuana Life Sciences Index ETF(4)

HMMJ

$ 0.28760

7.70%

Quarterly

HMMJ.U

$ 0.28760

7.70%

Quarterly

Horizons Active Cdn Municipal Bond ETF

HMP

$ 0.01700

2.09%

Monthly

Horizons Emerging Marijuana Growers Index ETF(5)

HMJR

$0.01168

0.84%

Horizons Canadian Midstream Oil & Gas Index ETF

HOG

$ 0.10848

5.66%

Quarterly

Horizons Active Preferred Share ETF

HPR

$ 0.03142

4.63%

Monthly

Horizons Global Risk Parity ETF

HRA

$0.06502

0.66%

Annually

Horizons Active Floating Rate Senior Loan ETF

HSL

$ 0.04155

5.32 %

Monthly

Horizons Active US Floating Rate Bond (USD) ETF(6)

HUF.U

$ 0.11758

14.13%

Monthly

HUF

$ 0.11758

14.13%

Monthly

Horizons Active High Yield Bond ETF

HYI

$ 0.05918

7.68%

Monthly

Horizons Inovestor Canadian Equity Index ETF

INOC

$ 0.04090

1.81%

Quarterly

Horizons Active A.I. Global Equity ETF

MIND

$0.03185

0.14%

Annually

Horizons Robotics and Automation Index ETF(7)

RBOT

$0.02643

0.15%

Annually

RBOT.U

$0.02643

0.15%

Annually