TORONTO, Aug. 22, 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 August 31, 2012, as indicated in the table below.
The ex-dividend date for the Distributions is anticipated to be August 29, 2012, for all unitholders of record on August 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 September 13, 2012.
Horizons ETFs will make an additional announcement of the August distributions for its family of covered call exchange traded funds on or about August 23, 2012.
CLASS E UNITS
| ETF Name |
Ticker Symbol |
Distribution per Unit |
Annualized Yield * |
Frequency |
| Horizons Corporate Bond ETF | HAB | $0.03291 | 3.67% | Monthly |
| Horizons Tactical Bond ETF | HAF | $0.03194 | 4.53% | Monthly |
| Horizons Dividend ETF | HAL | $0.02556 | 2.62% | 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 | $0.06175 | 7.01% | Monthly |
| Horizons Australian Dollar Currency ETF | ASD | $0.02140 | 2.43% | Monthly |
ADVISOR CLASS UNITS
| ETF Name |
Ticker Symbol |
Distribution per Unit |
Annualized Yield * |
Frequency |
| Horizons Corporate Bond ETF | HAB.A | $0.02782 | 3.10% | Monthly |
| Horizons Tactical Bond ETF | HAF.A | $0.02815 | 4.00% | Monthly |
| Horizons Dividend ETF | HAL.A | $0.01844 | 1.89% | 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 | 1.98% | Monthly |
| Horizons U.S. Floating Rate Bond ETF (1) | HUF.V | $0.01568 | 1.83% | Monthly |
| Horizons High Yield Bond ETF | HYI.A | $0.05677 | 6.45% | Monthly |
* Based on the applicable August 21, 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 $3.4 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.
SOURCE: Horizons ETFs Management (Canada) Inc.
Martin Fabregas, Investor Relations, (416) 601-2508 or 1-866-641-5739.