Horizons announces December 2012 Distributions for certain active ETFs

        






Horizons announces December 2012 Distributions for certain active ETFs

TORONTO, Dec. 18, 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 2012 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 annual capital gains rates in the table below are presented on an estimated basis. A press release confirming the final annual capital gains rates will be disseminated prior to the record date of the distributions.

The ex-dividend date for the Distributions is anticipated to be December 27, 2012, for all unitholders of record on December 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 January 11, 2013.

Horizons ETFs will make an additional announcement of the December distributions for its family of covered call exchange traded funds on or about December 19, 2012.

CLASS E UNITS

ETF Name	Ticker Symbol	Distribution per Unit	Annualized Yield *	Frequency	Reinvested Annual Capital Gains (Est.)
Horizons Active Balanced ETF	HAA	$0.09343	3.48%	Quarterly	-
Horizons Active Corporate Bond ETF	HAB	$0.03222	3.55%	Monthly	$0.13108
Horizons Active Cdn Bond ETF	HAD	$0.02085	2.46%	Monthly	-
Horizons Active Advantage Yield ETF	HAF	$0.03194	4.44%	Monthly	-
Horizons Active Emerging Markets Dividend ETF	HAJ	$0.02000	2.30%	Monthly	-
Horizons Active Cdn Dividend ETF	HAL	$0.03500	3.56%	Monthly	$0.89337
Horizons Active Income Plus ETF	HAP	$0.06257	1.36%	Semi-Ann.	-
Horizons Active North American Value ETF	HAV	$0.13670	1.30%	Annually	-
Horizons Active North American Growth ETF	HAW	-	-	Annually	$0.22231
Horizons Active Global Dividend ETF	HAZ	$0.03200	3.18%	Monthly	-
Horizons S&P/TSX 60 Equal Weight Index ETF	HEW	$0.05695	2.07%	Quarterly	-
Horizons Active Preferred Share ETF	HPR	$0.03658	4.19%	Monthly	-
Horizons Active Floating Rate Bond ETF	HFR	$0.01940	2.25%	Monthly	-
Horizons Active US Floating Rate Bond (USD) ETF (1)	HUF.U	$0.02178	2.53%	Monthly	-
Horizons Universa US Black Swan ETF(2)	HUS.U	$0.04584	1.75%	Quarterly	$0.22796
Horizons Universa Canadian Black Swan ETF	HUT	$0.08165	3.11%	Quarterly	-
Horizons Active High Yield Bond ETF	HYI	$0.05920	6.50%	Monthly	$0.12100
Horizons Australian Dollar Currency ETF	ASD	$0.02160	2.46%	Monthly	-

ADVISOR CLASS UNITS

ETF Name	Ticker Symbol	Distribution per Unit	Annualized Yield *	Frequency	Reinvested Annual Capital Gains (Est.)
Horizons Active Balanced ETF	HAA.A	$0.07320	2.73%	Quarterly	-
Horizons Active Corporate Bond ETF	HAB.A	$0.02713	2.98%	Monthly	$0.13110
Horizons Active Cdn Bond ETF	HAD.A	$0.01620	1.91%	Monthly	-
Horizons Active Advantage Yield ETF	HAF.A	$0.02815	3.92%	Monthly	-
Horizons Active Emerging Markets Dividend ETF	HAJ.A	$0.01310	1.50%	Monthly	-
Horizons Active Cdn Dividend ETF	HAL.A	$0.02764	2.81%	Monthly	$0.89348
Horizons Active Income Plus ETF	HAP.A	$0.03963	0.86%	Semi-Ann.	-
Horizons Active North American Value ETF	HAV.A	$0.05701	0.52%	Annually	-
Horizons Active North American Growth ETF	HAW.A	-	-	Annually	$0.12277
Horizons Active Global Dividend ETF	HAZ.A	$0.02435	2.42%	Monthly	-
Horizons Active Preferred Share ETF	HPR.A	$0.03226	3.69%	Monthly	-
Horizons Active Floating Rate Bond ETF	HFR.A	$0.01475	1.71%	Monthly	-
Horizons Active US Floating Rate Bond (USD) ETF (1)	HUF.V	$0.01691	1.97%	Monthly	-
Horizons Universa US Black Swan ETF(2)	HUS.V	$0.02359	0.90%	Quarterly	$0.22757
Horizons Universa Canadian Black Swan ETF	HUT.A	$0.05932	2.27%	Quarterly	-
Horizons Active High Yield Bond ETF	HYI.A	$0.05410	5.94%	Monthly	$0.12100

* Based on the applicable December 17, 2012 net asset value per unit which is available at www.horizonsetfs.com.  The Annualized Yield is solely in respect of the cash distributions per unit and does not include the reinvested annual capital gains distributions.

⁽¹⁾ Distributions for Horizons Active US Floating Rate Bond (USD) ETF are declared and paid in U.S. dollars.
⁽²⁾ Distributions for Horizons Universa US Black Swan ETF are declared and paid in U.S. dollars.

The Distributions will vary from period to period.

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 approximately $3.5 billion in assets under management and 79 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 Exchange Traded Funds Inc.

Copyright 2012 Canada NewsWire