Horizons ETFs Announces July 2023 Distributions For Its Suite Of ETFs

TORONTO – July 24, 2023 – Horizons ETFs Management (Canada) Inc. (“Horizons ETFs”) is pleased to announce the distribution amounts per security (the “Distributions”) for its exchange traded funds (the “ETFs”), for the period ending July 31, 2023, as indicated in the tables below.

The ex-dividend date for the following Distributions is anticipated to be July 28, 2023.

The ex-dividend date for the following Distributions is anticipated to be July 31, 2023.

The record date for all ETFs will be July 31, 2023. The Distributions for securities of each ETF will be paid in cash or, if the securityholder has enrolled in the respective ETF’s dividend reinvestment plan, reinvested in additional securities of the applicable ETF, on or about August 8, 2023.

⁽¹⁾ Distributions for the Horizons Active Ultra-Short Term US Investment Grade Bond ETF are declared and paid in U.S. dollars, including those listed under the Canadian dollar-traded ticker HUF. The approximate Canadian dollar equivalent distribution rate for HUF is $0.05419 per security. For securityholders who hold the Canadian dollar-traded HUF, the securityholder’s account holder will typically convert distribution payments to Canadian dollars.

⁽²⁾ Distributions for the Horizons US Large Cap Equity Covered Call ETF are declared and paid in U.S. dollars, including those listed under the Canadian dollar-traded ticker USCC. The approximate Canadian dollar equivalent distribution rate for USCC is $0.15859 per security. For securityholders who hold the Canadian dollar-traded USCC, the securityholder’s account holder will typically convert distribution payments to Canadian dollars.

⁽³⁾ The securities of Horizons Enhanced Equal Weight Banks Index ETF, Horizons Enhanced Equal Weight Canadian Banks Covered Call ETF, Horizons Enhanced S&P/TSX 60 Index ETF, Horizons Enhanced Canadian Large Cap Equity Covered Call ETF, Horizons Enhanced US Large Cap Equity Covered Call ETF and Horizons Equal Weight Banks Index ETF began trading on July 5, 2023. The distribution amount shown above represents the period since inception.

⁽⁴⁾  Distributions for the Horizons 0-3 Month U.S. T-Bill ETF are declared and paid in U.S. dollars.

Distributions for the ETFs will vary from period to period. 

For further information regarding the Distributions, please visit www.HorizonsETFs.com.

About Horizons ETFs Management (Canada) Inc. (www.HorizonsETFs.com)
Horizons ETFs Management (Canada) Inc. is an innovative financial services company and offers one of the largest suites of exchange traded funds in Canada. The Horizons ETFs product family includes a broadly diversified range of solutions for investors of all experience levels to meet their investment objectives in a variety of market conditions. Horizons ETFs has more than $27 billion of assets under management and 113 ETFs listed on major Canadian stock exchanges. Horizons ETFs is a wholly owned subsidiary of the Mirae Asset Financial Group, which manages approximately $710 billion of assets across 13 countries around the world.

[email protected] (416) 933-5745 or (866) 641-5739