Press release from CNW Group
Horizons ETFs announces December 2011 distributions
Monday, December 19, 2011
Horizons ETFs announces December 2011 distributions22:24 EST Monday, December 19, 2011TORONTO, Dec. 19, 2011 /CNW/ - Horizons Exchange Traded Funds Inc. ("Horizons ETFs") and its affiliate AlphaPro Management Inc. are pleased to announce the year-end distribution amounts per unit (the "Distributions") for certain of the Horizons ETFs family of exchange traded funds (the "ETFs"), for the 2011 tax year end, as indicated in the table below.Each of the ETFs is required to distribute any net income and capital gain that they have earned in the year. All of the distributions indicated in the table will be paid in cash unless the Unitholder has enrolled in the applicable dividend reinvestment plan ("DRIP") of the respective ETF. The annual capital gains 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 number of units held by the Unitholder will not change as a result of the capital gains distributions.The ex-dividend date for the Distributions is anticipated to be December 28, 2011, for all unitholders of record on December 30, 2011. The Distributions will be paid in cash and/or reinvested in additional units of the applicable ETF, on or about January 12, 2012.CLASS E UNITSETF NameTicker SymbolCash Distribution per UnitAnnualized Yield * FrequencyReinvested Annual Capital GainsHorizons Balanced ETFHAA$0.049681.96%Quarterly-Horizons Corporate Bond ETFHAB$0.035043.95%Monthly$0.02133Horizons Seasonal Rotation ETFHAC$0.015260.13%Annually$0.60664Horizons Tactical Bond ETFHAF$0.037505.50%Monthly-Horizons Dividend ETFHAL$0.023332.54%Monthly-Horizons Income Plus ETFHAP$0.5029311.91%Semi-Ann.-Horizons North American Value ETFHAV$0.507764.82%Annually-Horizons Global Dividend ETFHAZ$0.032503.33%Monthly-Horizons Floating Rate Bond ETFHFR$0.039914.73%Monthly-Horizons Preferred Share ETFHPR$0.037304.38%Monthly-Horizons S&P/TSX 60 Equal Weight Index ETFHEW$0.058552.31%Quarterly-Horizons Enhanced Income Equity ETFHEX$0.1096816.92%Monthly-Horizons Enhanced Income Energy ETFHEE$0.1034116.95%Monthly-Horizons Enhanced Income Gold Producers ETFHEP$0.0838113.06%Monthly-Horizons Enhanced Income Financials ETFHEF$0.0770311.11%Monthly-Horizons Enhanced Income International Equity ETFHEJ$0.1394117.31%Monthly-Horizons Enhanced Income US Equity (USD) ETF (1)HEA.U$0.1984323.15%Monthly-Horizons Australian Dollar Currency ETF (2)ASD$0.035714.08%Monthly-ADVISOR CLASS UNITSETF NameTicker SymbolCash Distribution per UnitAnnualized Yield * FrequencyReinvested Annual Capital GainsHorizons Balanced ETFHAA.A$0.023961.09%Quarterly-Horizons Corporate Bond ETFHAB.A$0.029923.36%Monthly$0.02147Horizons Seasonal Rotation ETFHAC.A--Annually$0.06848Horizons Tactical Bond ETFHAF.A$0.033774.95%Monthly-Horizons Dividend ETFHAL.A$0.015401.68%Monthly-Horizons Income Plus ETFHAP.A$0.2216011.32%Semi-Ann.-Horizons North American Value ETFHAV.A$0.072983.96%Annually-Horizons Global Dividend ETFHAZ.A$0.024112.46%Monthly-Horizons Floating Rate Bond ETFHFR.A$0.035154.16%Monthly-Horizons Preferred Share ETFHPR.A$0.032673.82%Monthly-Horizons Enhanced Income Equity ETFHEX.A$0.1045316.07%Monthly-Horizons Enhanced Income Energy ETFHEE.A$0.0987616.09%Monthly-Horizons Enhanced Income Gold Producers ETFHEP.A$0.0779712.21%Monthly-Horizons Enhanced Income Financials ETFHEF.A$0.0714310.27%Monthly-Horizons Enhanced Income International Equity ETFHEJ.A$0.1325416.46%Monthly-Horizons Enhanced Income US Equity (USD) ETF (1)HEA.V$0.1911122.30%Monthly-* Based on the applicable December 15, 2011 net asset value per unit. The Annualized Yield is solely in respect of the cash distributions per unit and does not include the reinvested annual capital gains distributions.The Distributions will vary from period to period.(1) -Distributions for Horizons Enhanced Income US Equity (USD) ETF are declared and paid in U.S. dollars.(2) -The indicated distribution rate is an estimate only. A final rate will be declared as soon as it is available.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 $3.4 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 Mirae Asset Financial Group. For further information: Martin Fabregas, Investor Relations, (416) 601-2508 or 1-866-641-5739.