Horizons Announces April 2017 Distributions for Certain Active ETFs

TORONTO – April 18, 2017 – Horizons ETFs Management (Canada) Inc. and its affiliate AlphaPro Management Inc. (collectively “Horizons ETFs”) 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 April 30, 2017, as indicated in the table below.

The ex-dividend date for the Distributions is anticipated to be April 25, 2017, for all unitholders of record on April 27, 2017. All Distributions for Advisor Class units (ticker symbols are denoted as ‘.A’ and ‘.V’ in the table below) will be paid in cash. The Distributions for Class E units of each ETF will be paid in cash, or if the unitholder has enrolled in the respective ETF’s dividend reinvestment plan (DRIP), reinvested in additional Class E units of the applicable ETF, on or about May 9, 2017.

As noted in a press release dated December 29, 2016, Horizons ETFs will be eliminating the Advisor Class units at the end of this month, so this will be the final Distribution paid on Advisor Class units. Advisor Class units will convert to Class E units after the close of business on April 28, 2017 (the “Conversion Date”) at a ratio to be determined by the respective net asset values of each class of unit on that date. Advisor Class unitholders who have their units converted to Class E units will receive any future Distributions paid on Class E units while they continue to be holders of record of those Class E units. The service fee payable on Advisor Class units for the month of April will be paid on or about May 12, 2017 to registered dealers whose clients are Advisor Class unitholders of record as at the Conversion Date.

Horizons ETFs will make an additional announcement regarding the April distributions for its family of covered call exchange traded funds on or about April 19, 2017.

* Based on the applicable April 17, 2017 net asset value per unit, which is available at www.HorizonsETFs.com.

(1) Distributions for Horizons Active US Dividend ETF are declared and paid in Canadian dollars, including those listed under the U.S. dollar traded ticker HAU.U. The approximate U.S. dollar equivalent distribution rate for HAU.U is $0.01390 per unit. For unitholders who hold the U.S. dollar traded HAU.U, distribution payments will typically be converted to U.S. dollars by the unitholder’s account holder.
(2) Distributions for Horizons Active US Floating Rate Bond (USD) 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 $0.01680 per unit. For unitholders who hold the Canadian dollar traded HUF, distribution payments will typically be converted to Canadian dollars by the unitholder’s account holder.

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.
Horizons ETFs Management (Canada) Inc. and its affiliate AlphaPro Management Inc. are innovative financial services companies offering the Horizons ETFs family of exchange traded funds. 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. Horizons ETFs has $7.5 billion of assets under management. With 77 ETFs listed on the Toronto Stock Exchange, the Horizons ETFs family makes up one of the largest families of ETFs in Canada. Horizons ETFs Management (Canada) Inc. and AlphaPro Management Inc. are members of the Mirae Asset Global Investments Group.

For further information:
Martin Fabregas, Investor Relations, (416) 601-2508 or 1-866-641-5739.