The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Press release from CNW Group

Horizons ETFS Announces October 2011 Distributions

Thursday, October 20, 2011

Horizons ETFS Announces October 2011 Distributions20:15 EDT Thursday, October 20, 2011TORONTO, Oct. 20, 2011 /CNW/ - Horizons Exchange Traded Funds Inc. ("Horizons ETFs") and its affiliate AlphaPro Management Inc. 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 October 31, 2011, as indicated in the table below.The ex-dividend date for the Distributions is anticipated to be October 27, 2011, for all unitholders of record on October 31, 2011.  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 November 10, 2011.CLASS E UNITSETF NameTicker SymbolDistribution per UnitAnnualized Yield * FrequencyHorizons Corporate Bond ETFHAB$0.035044.02%MonthlyHorizons Tactical Bond ETFHAF$0.037505.54%MonthlyHorizons Dividend ETFHAL$0.023332.55%MonthlyHorizons Global Dividend ETFHAZ$0.032503.33%MonthlyHorizons Floating Rate Bond ETFHFR$0.022622.68%MonthlyHorizons Preferred Share ETFHPR$0.037304.41%MonthlyHorizons Enhanced Income Equity ETFHEX$0.1129816.66%MonthlyHorizons Enhanced Income Energy ETFHEE$0.1388621.58%MonthlyHorizons Enhanced Income Gold Producers ETFHEP$0.1776125.54%MonthlyHorizons Enhanced Income Financials ETFHEF$0.1086314.94%MonthlyHorizons Enhanced Income International Equity ETFHEJ$0.2311226.88%MonthlyHorizons Enhanced Income US Equity (USD) ETF (3)HEA.U$0.2174124.92%MonthlyHorizons Australian Dollar Currency ETFASD$0.036104.06%MonthlyADVISOR CLASS UNITSETF NameTicker SymbolDistribution per UnitAnnualized Yield *  FrequencyHorizons Corporate Bond ETF(1)HAB.A$0.018453.45%MonthlyHorizons Tactical Bond ETF(2)HAF.A$0.036205.03%MonthlyHorizons Dividend ETF(1)HAL.A$0.009601.71%MonthlyHorizons Global Dividend ETF(1)HAZ.A$0.014802.48%MonthlyHorizons Floating Rate Bond ETF(1)HFR.A$0.011212.17%MonthlyHorizons Preferred Share ETF(1)HPR.A$0.020373.93%MonthlyHorizons Enhanced Income Equity ETFHEX.A$0.1077515.84%MonthlyHorizons Enhanced Income Energy ETFHEE.A$0.1342820.77%MonthlyHorizons Enhanced Income Gold Producers ETFHEP.A$0.1727024.70%MonthlyHorizons Enhanced Income Financials ETFHEF.A$0.1035014.19%MonthlyHorizons Enhanced Income International Equity ETFHEJ.A$0.2235326.01%MonthlyHorizons Enhanced Income US Equity (USD) ETF (3)HEA.V$0.2097324.05%Monthly* Based on the applicable October 19, 2011 net asset value per unitThe Distributions will vary from period to period.(1)The Advisor Class Units of Horizons Corporate Bond ETF, Horizons Dividend ETF, Horizons Global Dividend ETF, Horizons Floating Rate Bond ETF, Horizons Preferred Share ETF began trading on October 13, 2011. The distributions attributable to those Advisor Class Units have been prorated from their launch date.(2)The Advisor Class Units of Horizons Tactical Bond ETF began trading on September 29, 2011. The distributions attributable to those Advisor Class Units have been prorated from their launch date.(3)Distributions for Horizons Enhanced Income US Equity (USD) 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 $3.1 billion in assets under management and 75 ETFs listed on the Toronto Stock Exchange, the Horizons ETFs family makes up the largest selection of ETFs in Canada. Horizons ETFs is a subsidiary of Horizons ETFs Management (Canada) Inc. and a member of the Jovian Capital Corporation (TSX: JOV) group of companies.   For further information: Martin Fabregas, Investor Relations, (416) 601-2508 or 1-866-641-5739.