Horizons Announces September 2017 Distributions for Certain ETFs

TORONTO – September 20, 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 September 30, 2017, as indicated in the table below.

The ex-dividend date for the Distributions is anticipated to be September 28, 2017, for all unitholders of record on September 29, 2017. The Distributions for 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 units of the applicable ETF, on or about October 12, 2017.

Horizons ETFs will make an additional announcement regarding the September distributions for its family of covered call exchange traded funds on or about September 21, 2017.

* Based on the applicable September 19, 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 $0.04434 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 $0.01458 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.
(3) The units of Horizons Marijuana Life Sciences Index ETF began trading on April 4, 2017. The distributions attributable to those units have been pro-rated from its launch date. Distributions for Horizons Marijuana Life Sciences Index ETF are declared and paid in Canadian dollars, including those listed under the U.S. dollar traded ticker HMMJ.U. The approximate U.S. dollar equivalent distribution rate for HMMJ.U is $ 0.18265 per unit. For unitholders who hold the U.S. dollar traded HMMJ.U, distribution payments will typically be converted to U.S. dollars by the unitholder’s account holder. Distributions for HMMJ/HMMJ.U are declared at the discretion of Horizons ETFs and may not be announced with a set frequency. With a limited operating history, Horizons ETFs believes that the disclosure of an annualized yield for the ETF at this time would be misleading to unitholders.

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. is an innovative financial services company and offers one of the largest suites of exchange traded funds in Canada. The Horizons ETFs product suite 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 currently has more than $8.2 billion of assets under management and 76 ETFs listed on the Toronto Stock Exchange. Horizons ETFs Management (Canada) Inc. is a member of the Mirae Asset Global Investments Group.

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