Horizons Announces November 2016 Distributions for Certain Active ETFs

TORONTO – November 21, 2016 – 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 actively managed exchange traded funds (the “ETFs”), for the period ending November 30, 2016, as indicated in the table below.

The ex-dividend date for the Distributions is anticipated to be November 28, 2016, for all unitholders of record on November 30, 2016. 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 December 12, 2016.

Horizons ETFs will make an additional announcement regarding the November distributions for its family of covered call exchange traded funds on or about November 22, 2016.

* Based on the applicable November 18, 2016 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 $0.01367 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 $0.03135 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 more than $6.7 billion of assets under management. With 75 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.