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Horizons Announces New Benchmarks for Certain ETFs

27/04/17 - 12:00 am

TORONTO – April 26, 2017 – Horizons ETFs Management (Canada) Inc. (“Horizons ETFs”) is pleased to announce that it has introduced new benchmark indexes for certain exchange traded funds, as set out in the table below (the “ETFs”).

The change from specified futures contracts to these new specified benchmark indexes, which each seek to track a specified futures contract (the “Indexes”), will provide investors in an ETF with the identical exposure to the applicable asset class to which the ETF is currently exposed, in a more cost efficient and transparent manner. There will be no change to the futures contract roll methodologies currently employed by the ETFs.

Effective after the close of trading today, the new underlying benchmark Index of each of the ETFs is as follows:

Ticker Until April 26, 2017 After April 26, 2017
HBU COMEX® gold futures contract for a subsequent delivery month Solactive Gold Front Month MD Rolling Futures Index ER
HBD COMEX® gold futures contract for a subsequent delivery month Solactive Gold Front Month MD Rolling Futures Index ER
HOU NYMEX® light sweet crude oil futures contract for a subsequent delivery month Solactive Light Sweet Crude Oil Front Month MD Rolling Futures Index ER
HOD NYMEX® light sweet crude oil futures contract for a subsequent delivery month Solactive Light Sweet Crude Oil Front Month MD Rolling Futures Index ER
HNU NYMEX® Natural Gas futures contract for a subsequent delivery month Solactive Natural Gas Front Month MD Rolling Futures Index ER
HND NYMEX® Natural Gas futures contract for a subsequent delivery month Solactive Natural Gas Front Month MD Rolling Futures Index ER
HZU COMEX® silver futures contract for a subsequent delivery month Solactive Silver Front Month MD Rolling Futures Index ER
HZD COMEX® silver futures contract for a subsequent delivery month Solactive Silver Front Month MD Rolling Futures Index ER
HUG COMEX® gold futures contract for a subsequent delivery month Solactive Gold Front Month MD Rolling Futures Index ER
HUZ COMEX® silver futures contracts for a subsequent delivery month Solactive Silver Front Month MD Rolling Futures Index ER
HUC NYMEX® light sweet crude oil futures contract for the next December delivery month Solactive Light Sweet Crude Oil Winter MD Rolling Futures Index ER
HUN NYMEX® natural gas futures contract for the next January delivery month Solactive Natural Gas Winter MD Rolling Futures Index ER

 

In all other respects, the investment objectives, strategies, restrictions, risk factors and fee structure (including the management fee and forward document expenses payable by the ETFs) remain the same. The change in benchmark will not affect or change the investment sectors, management fee, distribution policy or risk assessment relating to the ETFs.

About Solactive (www.solactive.com)
Solactive AG is an innovative index provider that focuses on the development, calculation and distribution of tailor-made indices over all asset classes. As of January 2017, Solactive AG served approximately 350 clients in Europe, America and Asia, with approximately USD $100 billion invested in products linked to indices calculated by the Company globally, primarily via 250 exchange traded funds from a number of well-known providers. Solactive AG was established in 2007 and is headquartered in Frankfurt.

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 more than $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 investor inquiries:
1-866-641-5739 (toll-free) or (416) 933-5745
[email protected]

For other inquiries:
Martin Fabregas, Investor Relations
Horizons ETFs Management (Canada) Inc.
(416) 601-2508 or 1-866-641-5739

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